Statutes, codes, and regulations
Code of Massachusetts Regulations
Department 220 CMR - DEPARTMENT OF PUBLIC UTILITIESTitle 220 CMR 50.00 - Uniform System Of Accounts For Gas CompaniesINCOME ACCOUNTS
UTILITY OPERATING INCOME
Section 403 - Depreciation Expense

220 CMR, 50, 403

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Current through Register 1536, December 6, 2024
Section 403 - Depreciation Expense
A. This account shall include the amount of depreciation expense for all classes of depreciable utility plant in service except such depreciation expense as is chargeable to clearing accounts or to account 415, Income from Merchandising, Jobbing, and Contract Work.
B. If the utility is engaged in more than one utility service, a separate account shall be kept hereunder for each utility service.

220 CMR, 50, 403

NOTE A. - Depreciation expense applicable to property included in account 104, Utility Plant Leased to Others, shall be charged to account 412, Income from Utility Plant Leased to Others.

NOTE B. - Depreciation expense applicable to transportation equipment, shop equipment, tools, work equipment, power operated equipment and other general equipment may be charged to clearing accounts as necessary in order to obtain a proper distribution of expenses between construction and operation.