Okla. Admin. Code § 165:35-27-4
Current through Vol. 42, No. 6, December 2, 2024
Section 165:35-27-4 - Accounting(a) The Uniform System of Accounts of FERC prescribed for Public Utilities and Licensees (Class A, B, C, and D) or prescribed by the RUS or other uniform system acceptable to the Commission may be adopted by a utility.(b) Electric utilities operating within Oklahoma shall be classed by revenue as follows: CLASS | ANNUAL GROSS OPERATING REVENUE |
A | $2,500,000 or more |
B | $1,000,000 to $2,500,000 |
C | $150,000 to $1,000,000 |
D | $25,000 to $150,000 |
(c) No change in or departure from the system used by the utility will be permitted except upon order of the Commission, made after notice and hearing.(d) FERC Form A and B Electric Companies and RUS Report Form 7A that apply to B, C, and D utilities may be obtained at FERC or RUS.(e) The results of operations reported by each electric utility in its annual report to the Commission shall be reconciled with the results of operations shown on its books, records and in its other reports to the Commission.(f) Each utility shall report to the Commission at the end for the utility's fiscal year on forms furnished or approved by the Commission, the book value of its utility plant. These reports and annual reports required by (d) of this Section shall be delivered to the Commission within five (5) business days of the date such reports are filed with either the FERC or RUS; provided that the Commission may grant an extension for time for good cause shown. In the event that the utility has requested an extension of time from FERC or RUS, it will advise the PUD Director, in writing, of such filing delay.Okla. Admin. Code § 165:35-27-4
Amended at 16 Ok Reg 2237, eff 7-1-99Amended by Oklahoma Register, Volume 36, Issue 21, July 15, 2019, eff. 7/25/2019Amended by Oklahoma Register, Volume 41, Issue 23, August 15, 2024, eff. 10/1/2024