23954555, 25-6.0141 - Florida Administrative Rules, Law, Code, Register

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Florida Department of State and Division of Library and Information Services

Notice: 23954555

Notice of Proposed Rule

Department:

PUBLIC SERVICE COMMISSION

Chapter:

ELECTRIC SERVICE BY ELECTRIC PUBLIC UTILITIES

Overview

RULE:

25-6.0141

Allowance for Funds Used During Construction

PURPOSE:

To update and clarify the Commission’s allowance for funds used during construction (AFUDC) policy for investor-owned electric utilities.
Docket No. 20200237-PU

SUMMARY:

The rule amendments update and clarify the rule and include the addition of a definition section; clarification that a utility may bundle projects under certain circumstances; the lowering of the threshold for projects eligible for AFUDC; and the amendment of the formula for calculating the discounted monthly AFUDC rate.

RULEMAKING AUTHORITY:

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

LAW:

350.115, 366.04(2)(a), (f) , 366.06(1), (2), 366.08, F.S.

PRINT PUBLISH DATE:

12/4/2020 Vol. 46/235

COMMENTS:

From 12/4/2020 To 12/25/2020 (21 Days)
The public comment period for this notice has already expired.

REFERENCE MATERIALS:

No reference(s).

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