39 Miss. Code. R. 3-1-3

Current through January 14, 2025

Rule 39-3-1-3

100. SYSTEM OF ACCOUNTS Each utility shall establish and maintain a system of accounts in accordance with the orders of this Commission. From and after August 1, 1988:

1. All certified providers of local exchange telecommunication services shall maintain their accounts in accordance with the Uniform System of Accounts prescribed by the Federal Communications Commission.

2. All certificated providers of gas and electric service shall maintain their accounts in accordance with the Uniform System of Accounts prescribed by the Federal Energy Regulatory Commission; and

3. All certificated providers of water or sewer services shall maintain their accounts in accordance with the requirements of the Uniform System of Accounts prescribed by the National Association of Regulatory Utility Commissioners.

This rule shall not be interpreted so as to prevent the Commission from requiring additional or supplemental accounting in addition to that provided for above where such do not conflict with those prescribed by the applicable Federal regulatory agency.*

105. INSPECTION AND TESTS Where practicable, a complete record shall be made of all inspections and tests required to be made under these rules as such tests shall contain complete information concerning the tests, including the date and place of inspection or test, the name of person or persons making the same, and the results of the tests.

110. CUSTOMER RECORDS Each utility shall keep a customer's ledge or other records from which can be determined the revenues derived from each customer, the dates of the periods for which bills were rendered, the readings of the meter on such dates, reference to the applicable rate schedule, and any additional data required in computing the bills.

115. LOCATION OF RECORDS The utility's records pertaining to operations in this state shall be kept at its office or offices in this state, or at such locations outside the state as may be authorized by the Commission, and shall be open and available at all reasonable hours for inspection in place by the Commission or its authorized representatives.

120. DESTRUCTION OF RECORDS No records required by rules of the Commission to be made shall be destroyed except in accordance with rules or orders of the Commission. In the absence of such rules or orders by this Commission, the applicable rules of the Federal Communications Commission, Federal Power Commission, Tennessee Valley Authority, or Rural Electrification Administration, pertaining to the destruction of records, may be followed.

125. REPORTS TO COMMISSION Each utility shall at such times and in such form as the Commission may reasonably prescribe report to the Commission any information contained in the utility's records pertaining to the business and operations over which the Commission has jurisdiction.

Each utility shall submit immediately upon publication one copy of the latest annual report to stockholders and any annual financial or statistical report regularly prepared and distributed to bond-holders, security analysts or industry associations. Reports for operating companies and for holding companies are to be included.

Each utility, the rates of which are subject to regulation by the Public Service Commission, shall file annually reports showing all its expenditures for business gifts and entertainment, and institutional, consumption-inducing and other advertising or public relations expenses which the utility claims should be allowed for rate-making purposes.**

*Rule 3, A., as amended, by Order of the Commission in Docket U-5092, effective August 1, 1988. Rule 3, A. is now known as Rule 3.100. (renumbering 2011).

**Rule 3. F., as amended, by Order of the Commission in Docket U-4408, effective February 2, 1984. Rule 3. F. is now known as Rule 3.125. (renumbering 2011).

39 Miss. Code. R. 3-1-3