17248557, 25-6.0436 - Florida Administrative Rules, Law, Code, Register

Home

Florida Department of State and Division of Library and Information Services

Notice: 17248557

Notice of Proposed Rule

Department:

PUBLIC SERVICE COMMISSION

Chapter:

ELECTRIC SERVICE BY ELECTRIC PUBLIC UTILITIES

Overview

RULE:

25-6.0436	Depreciation
25-6.04364	Electric Utilities Dismantlement Studies

PURPOSE:

To update, clarify and streamline depreciation rules for investor-owned electric utilities. 
Docket No. 150200-PU

SUMMARY:

The amendments modify and define the rules which prescribe accounting principles and procedures for the calculation of depreciation by electric utilities.  The amendments also address dismantlement accrual by electric utilities.  Rule 25-6.0436 is amended to eliminate the requirement for multiple copies of depreciation studies, provide a specific reference to the Uniform System of Accounts, and codify the Commission’s authority to require a depreciation study at a time set by the Commission. Rule 25-6.04364 is amended to apply to all generating units other than fossil fuel, and clarify that this dismantlement rule is not applicable to nuclear generating plants which are addressed in Rule 25-6.04365, F.A.C.

RULEMAKING AUTHORITY:

366.05(1), 350.115, 350.127(2), F.S.

LAW:

350.115, 366.04(2)(f), 366.041, 366.05(1), F.S.

PRINT PUBLISH DATE:

3/7/2016 Vol. 42/45

COMMENTS:

From 3/7/2016 To 3/28/2016 (21 Days)
The public comment period for this notice has already expired.

REFERENCE MATERIALS:

No reference(s).

Under Florida law, E-mail addresses are public records. If you do not want your E-mail address released in response to a public records request, do not send electronic mail to this entity. Instead, contact this office by phone or in writing.