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 CompaniesOPERATING REVENUE ACCOUNTS
OTHER OPERATING REVENUES
Section 493 - Rent from Gas Property

220 CMR, 50, 493

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Current through Register 1533, October 25, 2024
Section 493 - Rent from Gas Property
A. This account shall include rents received for the use by others of land, buildings, and other property devoted to gas operations by the utility.
B. When property owned by the utility is operated jointly with others under a definite arrangement for sharing the actual expenses among the parties to the arrangement, any amount received by the utility for interest or return or in reimbursement of taxes or depreciation on the property shall be credited to this account.

220 CMR, 50, 493

Do not include rent from property constituting an operating unit or system in this account. (See account 412, Income from Utility Plant Leased to Others.)