North Carolina Administrative Code › Title 04 - COMMERCE › Chapter 11 - UTILITIES COMMISSION › Chapter 1 › Section 11 R01-32 - FILING OF ANNUAL REPORTS BY PUBLIC UTILITIES

Current through Register Vol. 39, No. 2, July 15, 2024
(This rule is not applicable to interexchange carriers,
				  pursuant to Order Modifying Ceiling Rate Plan and Financial Reporting
				  Requirements, Docket No. P-100, Sub 72, December 9, 1993, and to competing
				  local providers, pursuant to Rule R17 2(j).)
(a) Pursuant to the provisions of
				G.S.
				62-36 relating to annual reports by
				utilities, all public utilities doing business in the State of North Carolina
				and subject to regulation as to franchises, rates or services by the North
				Carolina Utilities Commission shall electronically file annual reports of the
				operations of said public utility as soon as possible after the close of the
				calendar year, but in no event later than the 30th day of April of each year
				for the preceding calendar year. Such annual reports shall be prepared on forms
				approved or furnished by the Utilities Commission for the respective utility
				services offered by such companies; to wit, the appropriate approved form
				respectively for electric service, telephone service, water service, sewer
				service, natural gas service, motor carriers of household goods, motor carriers
				of passengers, and common carriers by water. Where prescribed by the forms
				furnished or approved by the Commission, such public utilities shall make such
				annual reports in accordance with the classification of such utility as
				prescribed by the instructions for said forms; to wit, Class A, Class B, or
				Class C utility companies, or other classifications, for the respective utility
				services. All operating data, financial statistics, and other accounting and
				financial information required for said form shall be furnished in accordance
				with the respective Uniform System of Accounts prescribed for the said
				respective utility services, unless otherwise specifically provided by the
				Commission.
(b) All such annual
				reports shall show the utility's total operations. If the utility operates in
				other states in addition to North Carolina, the report shall also show
				separately stated either the utility's total operations in North Carolina or
				its total operations in intrastate commerce in North Carolina. Any utility
				which elects to separately state its total operations in intrastate commerce in
				North Carolina rather than its total operations in North Carolina shall include
				therein any interstate operations over which the Commission has rate-making
				jurisdiction.
(c) The separate
				statement of total operations in North Carolina or of total operations in
				intrastate commerce in North Carolina may be shown by supplementary addenda or
				by different colored insert pages in sequence to the report of total
				operations. The underlying basis for all separations and allocations used in
				obtaining the separate statement shall be given in sufficient detail to permit
				analysis thereof by the Commission.
(d) In the case of public utilities which
				file annual reports with federal agencies such as the Federal Energy Regulatory
				Commission, Federal Communications Commission, or Department of Transportation,
				a copy of said report to the federal agency will comply with this rule insofar
				as it requires a report of total company operations; provided all said copies
				shall contain supplementary addenda or different colored insert sheets in
				sequence showing the required separate statement of total operations in North
				Carolina or of total operations in intrastate commerce in North
				Carolina.
(e) The separate
				statement of total operations in North Carolina or of total operations in
				intrastate commerce in North Carolina shall show for the separately stated
				operations
(1) The original cost of the
				utility's plant and equipment used therein,
(2) The portion of the cost thereof which has
				been consumed by previous use recovered in depreciation expenses,
(3) The gross revenues derived
				therefrom,
(4) The operating and
				maintenance expenses, actual investment currently consumed through
				depreciation, and taxes attributable thereto, and
(5) The net utility operating income derived
				therefrom.