(A) Accounts representing operating property shall include the cost (see § 197.21) of property which has an expected life in service of more than one year which is used (see § 196.1, subd. [a][43]) in operations, or which, in the case of electric operating property, is leased to others for electric operations. Separate accounts shall be maintained for each operating department subject to the jurisdiction of this commission, and separate subdivisions shall be maintained for electric operating property constituting a distinct operating unit leased to others for electric operations when the lessee has exclusive possession (see § 197.28); for electric operating property jointly owned; and for electric operating property operated under joint agreement. If the utility has two or more operating departments subject to the jurisdiction of the commission, operating property which is not assignable to a particular department or class of service may be carried in accounts corresponding to those prescribed for electric operating property under an account having the title Operating Property—General.

(B) Separate subdivisions hereunder shall be maintained for the book cost of each separate plant owned or operated. (See § 197.30.)

(C) Gas operating property shall be accounted for as prescribed in the Uniform System of Accounts for Gas Corporations.

This account shall include the cost of construction projects not ready for service at the date of the balance sheet. It shall include all elements of cost as set forth in paragraphs (1) to (10) of subdivision (e) of section 197.21. The detail thereof shall be as provided in section 197.38.

This account shall include the cost to the utility of physical property other than that used in connection with its several operating departments subject to the jurisdiction of the commission and which is described in paragraph (27) of subdivision (a) of section 196.1.

Electric property and equipment leased to others for electric operations shall be retained in operating property.

This account shall include notes, loans, and advances to the operating or lessor municipality when they are subject to repayment but are not subject to current settlement; and interest accrued on notes and advances included in this account when such interest is not subject to current settlement.

Advances to the operating or lesser municipality which are not subject to repayment shall be included in account 280, Contributions—Operating Municipality; those subject to current settlement shall be included in account 124, Receivables from Operating Municipality.

(A) This account shall include the cost (except as otherwise provided hereunder) of the utility's investment in securities, if such securities are not included in any special fund account; of long term special deposits (see note B under account 129, Special Deposits); and any other investments not elsewhere provided for. The account shall be kept so as to show separately for each investment, the amount and detail of each class of securities held.

(B) When investments carried in this account depreciate in value and the change is considered by the utility to be of long duration, the amount at which they are carried on the books shall be reduced to their fair current value by credits to this account and concurrent charges to account 514, Miscellaneous Debits to Surplus.

(C) When securities with a fixed maturity date are purchased at either a discount or a premium, such discount or premium may be amortized over the remaining life of the securities as provided in section 197.8.

(A) This account shall include the following items when held by trustees or other fiscal agents in charge of sinking funds, or by the utility itself when they are segregated in a distinct fund, for the purpose of redeeming outstanding obligations:

(B) A separate subdivision shall be kept for each fund, the title of which shall designate the obligation in support of which the fund was created.

(C) When securities of others, with a fixed maturity date, are purchased for the sinking fund at either a discount or a premium, such discount or premium may be amortized over the remaining life of the securities as provided in section 197.8.

(A) This account shall include the amount of cash and the cost (except as otherwise provided hereunder) of securities of others (including those issued by the operating or lessor municipality which are not included in the liability accounts of the municipal electric utility), and other current assets which have been specifically set aside for the purpose of providing a fund for the replacement of units of depreciable property.

(B) When assets carried in this fund depreciate in value and the change is considered by the utility to be of long duration, the amount at which they are carried on the books shall be reduced to their fair current value by credits to this account and concurrent charges to account 514, Miscellaneous Debits to Surplus.

(C) When securities with a fixed maturity date are purchased for the depreciation fund at either a discount or a premium, such discount or premium may be amortized over the remaining life of the securities as provided in section 197.8.

(A) This account shall include the amount of cash and the cost (except as otherwise provided hereunder) of securities of others (including those issued by the operating or lessor municipality which are not included in the liability accounts of the municipal electric utility), and other assets in insurance, employees' pension, savings, relief, hospital, and other funds which have been raised and specifically set aside or invested for purposes not provided for elsewhere. A separate subdivision shall be provided for each fund.

(B) When assets carried in these funds depreciate in value and the change is considered by the utility to be of long duration, the amount at which they are carried on the books shall be reduced to their fair current value by credits to this account and concurrent charges to account 514 Miscellaneous Debits to Surplus.

(C) When securities with a fixed maturity date are purchased for special funds at either a discount or a premium, such discount or premium may be amortized over the remaining life of the securities as provided in section 197.8.

This account shall include the amount of current funds available for use on demand in the hands of financial officers and agents, in offices, or deposited in banks or with trust companies; and cash in transit.

Checks shall be carried in this account only pending the next deposit in the usual course of business following their receipt; otherwise they shall be carried as accounts receivable.

This account shall include amounts advanced to officers, agents, employees, and others as working funds from which certain expenditures are to be made and accounted for.

(A) This account shall include the cost of unissued small tools and of all unapplied material and supplies, including tools, repair parts, fuel, etc. The cost shall include the purchase price at the point of free delivery plus customs duties, excise taxes, and the cost of transporting to the storeroom, including loading and unloading. When the cost of transportation is small relative to the purchase price and can not be readily assigned, it may be charged to account 802, Stores—Clearing. Cash and other discounts shall be deducted, when practicable, in determining the cost of the particular material to which they relate or shall be credited to the account to which the material is charged. Discounts which can not be so handled shall be credited to account 802, Stores—Clearing. (Utilities in Class D, see also account 785.2, Miscellaneous General Expenses.)

(B) When any materials or supplies the cost of which has been charged to this account are issued for use, the amount at which they stand charged herein shall be credited to this account and charged to the appropriate construction, operating expense, or other account. Such amount may be based upon the average cost of all items of a given type included in this account at the beginning of the month.

(C) Materials recovered in connection with construction, maintenance, or the retirement of property shall be charged to this account as follows:

(D) Subdivisions of this account shall be maintained so that it will be possible to show materials and supplies which are held primarily for use in electric operations, those held for merchandise operations (see note C below), those held primarily for use in other classes of operations, those held for sale, and those which because of their nature can not be identified with any one of the four foregoing purposes.

Interest charged on material bills, the payment of which is delayed, shall be charged to account 452, Miscellaneous Interest Deductions.

Inventories of materials and supplies shall be taken at intervals of one year or less, and the necessary adjustment shall be made to bring this account into harmony with the actual inventory. In effecting this adjustment, differences which may practicably be assigned to important classes of materials shall be equitably distributed among the accounts to which such classes of materials are ordinarily chargeable. Other differences shall be equitably apportioned among the accounts to which materials have been charged since the last inventory, or carried to account 802, Stores—Clearing. (Utilities in Class D, see also account 785.2, Miscellaneous General Expenses.)

The cost of merchandise carried in stock for the purpose of sale shall be carried in a separate subdivision of this account. Appliances held under consignment shall not be included herein, but there shall be kept a memorandum account of such appliances either at cost or at selling price, to show the appliances in stock and appliances sold. Materials and supplies to be used in jobbing operations need not be separately shown.

The cost of line transformers and consumers' meters may be carried in this account until their initial installation, but thereafter shall be excluded from this account and carried in the appropriate operating property account.

This account shall include all obligations from the operating or lessor municipality which are subject to current settlement, such as current balances on open accounts, notes, drafts, etc.; also interest thereon.

Loans and advances which are not subject to current settlement shall be included in account 113, Loans to Operating Municipality, if subject to repayment; if not subject to repayment, they shall be included in account 280, Contributions—Operating Municipality.

Balances in this account may be netted with balances in account 241, Payables to Operating Municipality, if such items are netted in settlement, but not otherwise.

(A) This account shall include amounts owing by consumers and by other debtors (except the operating or lessor municipality), against each of which there is a debit balance representing current transactions. It shall include amounts owing for electricity, merchandise, wiring or other jobbing work; accounts and claims upon which responsibility is acknowledged by concerns or individuals; amounts owing by public authorities other than the operating or lessor municipality; amounts of collectible judgments; and amounts owing by electric companies. This account does not include negotiables. (See § 197.4.)

(B) This account shall be subdivided as follows:

This account shall include the amount of notes and bills receivable which are the property of the utility and which by their terms do not run for a period in excess of one year, upon which concerns or individuals other than the operating or lessor municipality are liable. This includes demand notes, drafts, etc., issued by others than banks, and time notes, drafts, etc., by whomever issued.

This account shall include the amount of current interest accrued to the date of the balance sheet on bonds, mortgages, notes, and other commercial paper owned, on loans made, open accounts, bank deposits, etc., and the amount of dividends receivable on stocks owned. (See § 197.4.)

Interest which is not subject to current payment and interest accrued on receivables from the operating or lessor municipality shall be included in the account in which is carried the principal on which the interest accrued.

No interest on securities issued or assumed by the utility shall be included in this account.

This account shall include the balances representing payment of items in advance of their accrual, the benefit of which is to be realized subsequent to the time of such payment. Entries shall be made each month transferring from this account to the appropriate accounts the portion of each prepayment which is applicable to that month. The account shall be kept so that there can be determined readily the amounts applicable to the following:

This account shall include the balances of short term deposits of moneys and bank credits in the hands of fiscal agents or others for special purposes. This includes cash deposited with Federal, State, or municipal authorities as a guaranty for the fulfilment of obligations; and deposits in lieu of mortgaged property sold if such deposits are refundable when equivalent property is acquired. Entries to this account shall specify the purposes for which the deposit is made. When such purposes are satisfied through expenditure of funds or otherwise so that the deposit is released, this account shall be credited with the amount of the deposit.

This account shall not include any assets available for general utility purposes.

Deposits for more than one year not offset by current liabilities shall not be charged to this account but to account 114, Miscellaneous Investments.

This account shall include all current and accrued assets not includible under any of the foregoing accounts. (See § 197.4.)

This account shall include the total of the net debit balances representing the excess of the discount and expense over the premium in connection with the issuance of each class of the utility's long term debt. Separate subdivisions shall be maintained in respect of each issue of obligations. (See § 197.9.)

All or any part of such discount and expense may, if desired, be amortized more rapidly through charges, either at time of issuance or later, to account 514, Miscellaneous Debits to Surplus.

(A) This account shall include losses in service value of property retired from causes for which provision has not been made in the depreciation reserves and losses from retirements which could not reasonably have been foreseen and provided for. (See § 197.23, subd. [f] and account 789, Deferred Retirement Losses.) The utility's application for permission to make such use of this account shall give full particulars concerning the property retired, the reason for which it is retired, the amounts provided in respect thereto in the depreciation and amortization reserves, the amount chargeable to this account, and the period over which, in its judgment, such amount should be distributed.

(B) This account shall also include any excess cost to the utility of property purchased over the amount which is determined by the commission to be the difference between (1) the amount chargeable to Operating Property—Electric or Operating Property—General, and (2) the accrued depreciation and amortization related thereto at the date of acquisition. (See also § 197.27.)

(C) This account shall also include other debit items which are subject to amortization by order of the commission.

(D) Charges shall be made to this account only upon order of the commission and shall be writen off over such period and in such manner as the commission may by order prescribe.

(A) This account shall include the balances in accounts (801 to 808) maintained to carry temporarily the cost of operating and maintaining such facilities as office buildings, storehouses, transportation structures and equipment, shops, etc.; such overhead or burden costs as it is desirable to apportion to the construction, operating, and other accounts involved; and charges by the operating municipality.

(B) Balances in these accounts shall be fully cleared not later than the end of the fiscal year unless items therein unquestionably relate to a future period, except that items incurred in the last month of the year may be carried over to be cleared in the first month of the next year.

This account shall include all debit balances (other than those provided for in accounts 141 to 144 and 146) in suspense accounts that can not be entirely cleared and disposed of until additional information is received. This includes cost of jobbing work unbilled (see § 197.15); amounts on deposit with banks which have failed, pending determination of loss; amounts paid for options pending final disposition; expenditures for plans and investigations made for determining the feasibility of projects under contemplation, pending further disposition; and expenditures for valuations, inventories, and appraisals made in connection with the contemplated purchase or sale of property.

This account shall be kept so as to show separately the nature and balance of each major item included herein.

(A) This account shall include all expenses incurred by the utility in connection with formal cases before Federal or State regulatory commissions, or other regulatory bodies, or cases in which such a body is a party. This includes such items as:

(B) Amounts charged hereto shall be distributed to other accounts only over such period an in such manner as the commission may by order prescribe.

(C) No debits for any expenditures described in paragraph A hereof shall be made to any other account in this system of accounts except by clearing through this account.

(A) When securities have been actually issued (see § 196.1, subd. [a][2]) by the utility (or after such issuance by another debtor have been assumed by the utility) and after such issuance (or assumption) have been reacquired by the utility and are neither retired nor properly includible in sinking or other funds, they shall be charged at face value to this account.

(C) Suitable entries shall be made to eliminate from related discount and premium accounts any amounts applicable to the particular securities reacquired, and any further differences between the price at which the securities have been reacquired and the amount chargeable to this account shall be adjusted through Surplus.

(D) Subdivisions shall be maintained under this account for each class of reacquired securities.

The debit balance, if any, in Surplus shall be shown under this title. (See § 197.32.)

(A) This account shall include the face value of unmatured bonded debt issued by the municipal electric utility and not retired and canceled, including all bonds issued by the operating or lessor municipality the proceeds of which were used (or are specifically set aside to be used) to acquire property or pay expenses included in these accounts; of similar unmatured bonds of others, the payment of which has been assumed by the utility; and of bonds so issued or assumed the maturity of which has been extended by specific agreement.

(B) This account shall show the amount of bonded debt of each class for which the municipal electric utility is liable for repayment separately from the amount for which the operating or lessor municipality is liable.

(C) The obligations included herein shall be recorded so as to show the amount of each issue of bonds within each class of bonded debt.

(D) A separate subdivision shall be maintained for each class of bonds, and no two issues of bonds shall be considered to be of the same class unless identical as to nature of security, rate of interest, interest dates, and date of maturity, except that parts of any bonded debt issue agreeing in other characteristics but maturing serially may be treated as being of the same class. The title of each subdivision shall show the essential characteristics of the bonds covered.

(A) This account shall include the face value of unmatured obligations having a life of more than one year from date of issuance (or in case of notes maturing serially, a series any part of which matures more than one year from date of issuance), which are secured by lien on specific equipment. This includes equipment bonds, equipment notes, chattel mortgages, and other obligations for which equipment is pledged as security or is held under a “conditional sales agreement.”

(B) A separate subdivision shall be maintained for each class of long term equipment obligations, and no two issues shall be considered to be of the same class unless identical as to nature of equipment covered, rate of interest, interest dates, and date of maturity, except that parts of any issue agreeing in other characteristics but maturing serially may be treated as being of the same class.

This account shall include all long term debt of the municipal electric utility not otherwise provided for, including that issued by the operating or lessor municipality the proceeds of which were used (or are specifically set aside to be used) to acquire property or pay expenses included in these accounts. This covers such items as real estate mortgages executed or assumed, assessments for public improvements, notes and unsecured certificates of indebtedness, receipts outstanding for long term debt, and other obligations maturing more than one year after date of issuance or assumption by the utility.

Separate subdivisions shall be maintained for each class of obligations included in this account, and records shall be maintained to show separately for each issue all details as to date of issuance, date of maturity, interest dates and rates, security for obligation, etc.

This account shall include all credit balances on open accounts, notes, and drafts owing to the operating or lessor municipality which are subject to current settlement.

Liabilities to the operating or lessor municipality which are not subject to current settlement and those which are not subject to repayment shall be included in account 280, Contributions—Operating Municipality.

Balances in this account may be netted with balances in account 124, Receivables from Operating Municipality, if such items are netted in settlement, but not otherwise.

This account shall include the amount of current vouchers, accrued payrolls, and accounts owing to creditors other than the operating or lessor municipality.

(A) This account shall include the face value of outstanding obligations in the form of notes, drafts, and acceptances, including equipment obligations and other similar evidences of indebtedness, which are not payable to the operating or lessor municipality and which by their terms do not run for a period in excess of one year.

This account shall include the amounts deposited with the utility by consumers as security for the payment of bills. Deposits refunded shall be charged to this account, and amounts applied to uncollectible or worthless bills shall be credited to the account of the consumer involved and charged to this account.

This account shall include the amount of matured and unpaid interest on debt of the utility except when such interest is added to the principal. (See accounts 241 and 249.)

This account shall include the face value of long term debt matured and unpaid without specific agreement for extension of the time of payment, including unpresented bonds called for redemption.

This account shall be credited each month with the amount of taxes actually payable which accrued during the month, with concurrent debits to the appropriate accounts for tax charges. As credits to this account will necessarily be based upon estimates, they shall be adjusted from time to time during the year so that the tax charge accounts may show, as nearly as possible, the taxes actually payable and applicable to the year. Payments of taxes for which accruals have been made shall be debited to this account.

The utility shall keep subdivisions of this account for each kind of tax.

Instead of keeping this account, utilities in Classes C and D may charge taxes to account 403, Taxes—Electric, or other appropriate account, as payments are made.

(A) This account shall include the amount of interest accrued to the date of the balance sheet, but not payable until after that date, on all indebtedness of the utility or of the operating or lessor municipality for which the utility is liable, except interest which is added to the principal. When interest is paid it shall be charged to this account and credited to cash or other suitable account. Records shall be kept so as to show separately for each item of indebtedness the interest accruals thereon.

(B) When interest matures without being paid, it shall be charged to this account and credited to account 245, Matured Interest. Payments to trustees (or other agents of the holders of bonds or other securities) of the interest accrued thereon, which operate under the terms of the securities (or of mortgages supporting such securities) as a release from further liability for such interest, shall be considered equivalent to payments of interest made directly to bondholders.

This account shall include the amount of advance billing which is to be credited to revenue accounts in future months, and advance payments for service (but not contributions for extensions) made by prospective consumers prior to the establishment of service. Amounts included in this account shall be credited to the appropriate revenue accounts in the month in which the service is rendered, or cleared from this account as refunds are made.

This account shall include all current and accrued liabilities not includible in any of the foregoing accounts. (See § 197.5.)

(A) This account shall be concurrently credited with amounts charged to operating expenses, clearing accounts, account 432, Deductions from Rent Revenues—Electric, or account 435, Deductions from Rent Revenues—Other Operations, for currently accruing depreciation (see § 196.1, subd. [a][13]) of operating property (see also § 197.7). It shall also be credited with any amounts which the utility may charge to account 514, Miscellaneous Debits to Surplus, or transfer to this account for depreciation accrued but not provided for prior to the effective date of this system of accounts.

(B) At the time of retirement of depreciable operating property this account shall be charged with the book cost of the property retired and the cost of removal, and shall be credited with the salvage value (see § 196.1, subd. [a][37]) and amounts recovered as insurance or otherwise. It shall be credited with amounts chargeable upon order of the commission to account 143, Suspense to be Amortized as provided in subdivision (f) of section 197.23.

(C) This account shall be subdivided so as to show separately the amount applicable to each operating department.

(D) For ledger and balance sheet purposes the depreciation reserves applicable to Operating Property—Electric and Operating Property—General, respectively, shall be regarded and treated as single composite reserves. For purposes of analysis, however, each utility shall maintain subsidiary records in which each of these reserves is broken down into component parts corresponding to the classes, or subdivisions thereof, of depreciable property (see § 197.7, subd. [c]). These subsidiary records shall show the current credits and debits to the reserves by such classes, or subdivisions thereof, of depreciable electric property in sufficient detail to show separately for each class (1) cost of operating property retired, (2) cost of removal, (3) salvage, (4) other items, including recoveries from insurance.

(E) When transfers of operating property are made from one operating department to another or from or to non-operating property, the accounting shall be as provided in section 197.34.

(A) This account shall be credited with such amounts as are concurrently charged to account 790, Amortization of Intangible Property, or other appropriate account for the amortization of leaseholds, water rights, franchises, consents, licenses, privileges, patents, and other intangible property having a terminable life, and for losses expected to be incurred through the reversion of improvements on leased property to the lessor prior to the expiration of their service lives. (See § 197.7, subd. [b][2].)

(B) This account shall be concurrently credited with amounts charged to account 514, Miscellaneous Debits to Surplus, to provide a reserve for the amortization of intangible property which does not have a terminable life.

(C) When any water right, leasehold, franchise, consent, privilege, or patent expires, is sold or relinquished, or is otherwise retired from service, this account shall be charged with the amount previously credited hereto in respect of such property. The difference between the proceeds realized and the book value (see § 196.1, subd. [a][6]) of the property retired shall be charged or credited to account 790, Amortization of Intangible Property.

(D) Records shall be maintained so as to show separately the balances applicable to each item of intangible property which is being amortized.

(E) This account shall be credited with such amounts as are necessary to reflect, as of the effective date of this system of accounts, the expired portion of the life of franchises, consents, patent rights, leaseholds, easements, rights of way, and other interests in land, or other intangible property which has a terminable life, the cost of which is included in operating property. To the extent that provision has not previously been made, the amounts credited to this reserve shall be concurrently debited to Surplus.

The utility is restricted in its use of the reserve to the purposes set forth above. It shall not divert any portion of the reserve to Surplus or make any other use thereof without the approval of the commission.

(A) This account shall include contributions to the utility by consumers, governmental bodies other than the operating or lessor municipality, or organizations, of property the cost of which is included in Operating Property—Electric or Operating Property—General, or of money or labor connected directly or indirectly with the construction or acquisition of such property, made for the purpose of establishing or extending the service rendered by the utility or for any other purpose. The records shall be kept so that the amount of the contribution and description of property to which it specifically relates will be readily available.

(B) This account shall include any contributions or payments made by consumers in connection with the installation of services the cost of which is included in operating property.

(C) Debits (other than correction of errors) shall be made to this account only when contributions are repaid.

(A) This account shall include amounts reserved by the utility, in case it does not carry insurance, for losses through accident, fire, flood, or other hazards to its own property or property leased from others. The amounts charged to account 783.1, Insurance, or other appropriate accounts to cover such risks shall be credited to this account. A schedule of risks covered by this reserve shall be maintained, giving a description of the property involved and the character of the risks covered and the rates used.

(B) Charges shall be made to this account for the cost to the utility of repairing damaged property owned or leased from others, the cost to the utility of replacing damaged or destroyed property leased from others, and the book value (see 196.1, subd. [a][6]) of the utility's property destroyed or so badly damaged as to require its retirement.

(A) This account shall be credited with amounts charged to account 783.2, Injuries and Damages, or other appropriate account, to meet the probable liability, not covered by insurance, for deaths or injuries to employees and others, and for damages to property not owned or held under lease by the utility.

(B) When liability for any injury or damage is admitted by the utility either voluntarily or because of the decision of a court or other lawful authority, such as a workmen's compensation board, the amount awarded shall be charged to this account. If such a liability is to be discharged over a period in excess of one year, the amount thereof shall be credited to account 233, Miscellaneous Long Term Debt; if payment is to be made in less than one year, to account 252, Miscellaneous Current Liabilities.

(A) This account shall be credited each month with amounts reserved for losses on accounts receivable which may become uncollectible. Concurrent charges shall be made to account 404, Uncollectible Revenues—Electric, for amounts applicable to electric operations; to corresponding accounts for other operations subject to the jurisdiction of the commission; and to account 449, Non-operating Revenue Deductions, for similar provision for non-operating revenue.

(B) This account shall be subdivided as follows:

(C) Losses from uncollectible accounts shall be charged, and collections of accounts previously written off shall be credited, to the appropriate subdivision.

This account shall include amounts reserved by the utility for purposes which are not provided for in any of the preceding reserve accounts, including amounts reserved for depreciation of non- operating property.

A separate subdivision shall be set up in respect of each such reserve, and the utility may be required to show a complete analysis thereof in its annual reports to the commission.

This account shall include all credit balances representing the excess of the premium over the discount and expense in connection with the issuance of each class of the utility's long term debt. Separate subdivisions shall be maintained in respect of each issue of obligations. (See § 197.9.)

If in connection with an individual issue of debt the expenses incurred exceed the premium realized, the net debit balance shall be carried in account 141, Unamortized Debt Discount and Expense.

This account shall include the credit balances in suspense accounts that can not be entirely cleared and disposed of until additional information is received.

Subdivisions shall be maintained for each class of items carried under this account.

(A) The balance in this account shall represent the net contributions, whether in cash, property, or services, made to the municipal electric utility by the operating or lessor municipality or vice versa, from the date when the first expenditures in connection with the municipal electric utility were incurred to the date of the balance sheet. (See also § 197.33.) If the balance is a debit it shall be shown in the short column and below it the balance in account 281, Surplus, and the net figure shall be carried to the liability side of the balance sheet.

(B) There shall be credited to this account amounts of cash received from the general fund of the operating or lessor municipality (other than payments for property or services, or repayment of loans) not includible in account 241, Payables to Operating Municipality, for which liability for repayment is not set up on the books of the municipal electric utility; the original cost of property purchased from general funds, of which the municipal electric utility makes sole or major use and the cost (see § 197.33) of any services rendered to the municipal electric utility by the operating or lessor municipality or by any department thereof, less any amounts paid for such services.

(C) This account shall be debited with cash payments made by the municipal electric utility to the operating or lessor municipality (other than payments for property or services, loans or repayment of loans); with the fair present value of property transferred from the municipal electric utility to the operating or lessor municipality; and with the cost (see § 197.33) of service rendered to the operating or owning municipality less any amounts received as payment for such services.

(D) The balance in this account as of the effective date of this system of account shall be determined and journal entries setting up such balances shall be filed with the commission as provided in section 197.33.

The credit balance, if any, in Surplus shall be shown under this title. (See § 197.33.)

This account shall include the total revenues, as provided in accounts 601 to 622, derived by the utility from its electric operations during the period covered by the income account. (See §§ 197.24, 197.25, 197.33.)

This account shall include the total expenses, as provided in accounts 701 to 793 incurred by the utility in its electric operations during the period covered by the income account. (See §§ 197.19, 197.30, 197.33.)

(A) This account shall include all taxes actually payable which relate to electric property, operations, and privileges for the period covered by the income account. (See also account 248, Taxes Accrued.)

(B) Taxes on property leased from others for use in electric operations shall be included in this account when the lessee is obligated under the terms of the lease to pay such taxes in addition to a stipulated rent.

(C) This account shall be charged each month with the amount of taxes which are applicable thereto, and concurrent credits shall be made to account 248, Taxes Accrued, or account 128, Prepayments. When it is not possible to determine the actual taxes to be accrued they shall be estimated and one-twelfth of the estimated annual amount shall be charged to this account monthly, with adjustments as the actual tax levies become known.

(D) Utilities in Classes C and D may charge taxes to this account as they are paid instead of on the accrual basis provided in the preceding paragraphs.

Taxes on operating property other than that used in connection with electric operations shall be charged to the tax account of the appropriate operating department. Taxes on non-operating property shall be charged to account 449, Non-operating Revenue Deductions. Licenses, registration fees, and gasoline or other sales taxes borne by the utility shall be charged to appropriate operating expenses, property, or clearing accounts. Amounts payable annually or more frequently under the terms of franchises or consents, shall be included in account 791, Franchise Requirements.

Special assessments for street and other improvements and special benefit taxes shall be included in property, operating expense, or other accounts, as may be appropriate.

The records shall be kept so as to show separately the amount of each class of taxes included in this account, and the basis on which it is levied.

This account shall be charged each month with amounts sufficient to provide for losses from uncollectible electric revenues, and concurrent credits shall be made to account 266, Reserve for Uncollectible Accounts. Losses thereafter sustained shall be charged to such reserve.

This account shall include the revenues derived by the utility during the period covered by the income account from operations which are subject to the jurisdiction of the commission, other than electric service. In so far as such operations are subject to regulation, the utility shall keep the accounts relating thereto in accordance with the effective systems of accounts for the several classes of operations.

The utility shall keep separately the revenues applicable to each such operation.

This account shall include the expenses incurred by the utility during the period covered by the income account in connection with operations which are subject to the jurisdiction of the commission, other than electric service. In so far as such operations are subject to regulation, the utility shall keep the accounts relating thereto in accordance with the effective systems of accounts for the several classes of operations.

The utility shall keep separately the expenses applicable to each such operation.

(A) This account shall include taxes actually payable which are applicable to operations which are subject to the jurisdiction of the commission, other than electric service. In so far as such operations are subject to regulation, the utility shall keep the accounts relating thereto in accordance with the effective systems of accounts for the several classes of operations; except that utilities in Classes C and D may charge taxes to this account as they are paid instead of on the accrual basis.

(B) This account shall be charged each month with the amount of taxes which are applicable thereto, and concurrent credits shall be made to account 248, Taxes Accrued or account 128, Prepayments. When it is not possible to determine the actual taxes, they shall be estimated and one-twelfth of the estimated annual amount shall be charged to this account monthly, with adjustments as the actual tax levies become known.

The records shall be kept so as to show separately for each such operation the amount of each class of taxes included in this account, and the basis on which it is levied.

(A) This account shall be charged with amounts previously credited to operating revenue accounts for operations which are subject to the jurisdiction of the commission, other than electric service, which become uncollectible. In so far as such operations are subject to regulation, the utility shall keep the accounts relating thereto in accordance with the effective systems of accounts for the several classes of operations.

(B) When losses from uncollectible revenues are provided for through a reserve, this account shall be charged with amounts so provided and concurrent credits shall be made to a subdivision of account 266, Reserve for Uncollectible Accounts. Losses thereafter sustained shall be charged to such reserve.

The utility shall keep separately the uncollectible revenues applicable to each such operation.

This account shall include the rent from electric property constituting a distinct operating unit leased to others for electric operations, when the lessee has exclusive possession. (See § 197.28.)

Rent from property carried in Operating Property—Electric, other than that covered in the text of this account, shall be credited to account 621, Rent from Electric Property.

(A) This account shall include the expenses, including repairs and depreciation, applicable to property the rents from which are included in account 431, Rent from Lease of Electric Plant—Cr.; and also taxes on such property and uncollectible rents.

(B) This account shall be subdivided to show separately for each lease the following items:

This account shall include rents payable for property constituting a distinct operating unit leased from others for use in electric operations, when the utility has exclusive possession. (See § 197.28.)

Taxes payable upon leased property covered herein shall be included in account 403, Taxes—Electric.

This account shall include the rent from operating property in departments subject to the jurisdiction of the commission, other than electric property constituting a distinct operating unit leased to others, when the lessee has exclusive possession. (See § 197.28.)

This account shall include the expenses, including repairs and depreciation applicable to property the rents from which are included in account 434, Rent from Other Operating Property—Cr.; and also taxes on such property and uncollectible rents.

This account shall include rents payable for property constituting a distinct operating unit leased from others for use in operations subject to the jurisdiction of the commission other than electric service, when the utility has exclusive possession.

Taxes payable upon leased property covered herein shall be included in account 423, Taxes—Other Operations.

This account shall include rent and other revenues derived by the utility from non-operating applicable to the period covered by the income account. (See § 196.1 subd. [a][27] and account 112, Non-operating Property.)

(A) This account shall include interest accruing to the utility except interest of current funds employed primarily in the conduct of the business for which the utility is organized. If it be required that interest on a special fund represented a reserve is to be added to such fund and equivalent appropriation made to the reserve, such interest shall be credited to this account and such appropriation shall be charged to account 459, Contractual appropriations of Income, or account 460, Miscellaneous Deductions from Income, as appropriate.

(B) Interest accrued shall not be credited to this account unless its payment is reasonably assured; otherwise credits to this account shall be based upon the interest actually collected.

This account shall be kept so as to show separately the interest revenue from each investment.

No interest upon reacquired securities issued or assumed by the utility shall be credited to this account.

This account shall include revenues derived by the utility from dividends on stocks. Accruals of dividends may be included herein if their payment is reasonably assured. If it be required that dividends from stock held in a special fund represented by a reserve are to be added to such fund and equivalent appropriations made to the reserve, such dividends shall be credited to this account and such appropriations shall be charged to account 459, Contractual Appropriations of Income, or account 460, Miscellaneous Deductions from Income, as appropriate.

(A) This account shall include revenues accruing to the utility in accordance with the terms of any contract by which the utility is entitled to participate in profits resulting from the operations of others.

(B) This account shall also include amounts periodically debited to investment and special fund accounts whereby the excess of the face amount of securities with a fixed date of maturity and accrued interest to date of purchase over the cost to the utility will be spread over the remaining life of the securities. No credits shall be made to this account in respect of discount upon securities so held unless there is reason to believe that the securities will be paid in full not later than their maturity date. The utility may defer entries in respect of such discount until the date of maturity or of redemption, at which time adjustment shall be made through Surplus.

(C) This account shall also include all other non-operating revenues not provided for in the foregoing accounts.

Profits from the operations of others do not include any dividends on stock.

(A) This account shall include expenses, taxes, and uncollectible bills, applicable to the period covered by the income account, in connection with non-operating property or in connection with revenues which are includible in accounts 441 to 444.

(B) This account shall also include amounts periodically credited to investment or special fund accounts whereby the excess of the cost to the utility over the face amount of securities and accrued interest thereon will be spread over the remaining life of the securities. The utility may defer entries in respect of such premium until the date of maturity or redemption, at which time adjustment shall be made through Surplus. (See § 197.8).

This account shall be charged each month with the interest accrued on unmatured outstanding long term debt (see § 196.1, subd. [a][20]) issued or assumed. This account shall not include interest on nominally outstanding long term debt (including securities assumed) held by the utility in its treasury.

The amount charged to this account shall be concurrently credited to account 249, Interest Accrued, or account 128, Prepayments.

This account shall be kept so that the utility will be able to furnish the interest accruals for each class or subdivision of long term debt.

(A) This account shall be charged each month with the interest accrued on all short term and other obligations of the utility not chargeable to account 451, Interest on Long Term Debt, and not specifically provided for elsewhere.

(B) This includes interest on unpaid taxes, on consumers' deposits, and on other similar obligations.

This account shall be kept so that the utility will be able to furnish the interest accruals for each class of debt for which interest is charged hereto.

This account shall include each month the portion of the unamortized debt discount and expense on outstanding long term debt, which is applicable to the month. This portion shall be determined according to a rule the uniform application of which during the interval between the issuance and maturity of such debt will completely amortize the net discount at which the debt was issued and the debt expense connected therewith. (See also § 197.9.)

This account shall include each month the portion of the unamortized net premium on outstanding long term debt, which is applicable to the month. This portion shall be determined according to a rule the uniform application of which during the interval between the issuance and maturity of such debt will completely amortize the net premium at which the debt was issued. (See also § 197.9.)

This account shall include concurrent credits for amounts charged to account 110, Construction Work in Progress, or other fixed asset accounts, for interest during construction. [See § 197.21, subd. (e), par. (10).]

(A) This account shall include such amounts as the utility may be required by order of the commission to charge hereto. (See account 143, Suspense to be Amortized.)

(B) This account shall also include provision for amortization of any excess of book cost (see § 196.1, subd. [a][4]) over original cost (see § 196.1, subd. [a][33]) of operating property.

For instructions as to amortization of items of intangible operating property, see account 262, Amortization Reserves, and account 790, Amortization of Intangible Property.

This account shall include appropriations of income when specifically required under the terms of ordinances, mortages, deeds of trust, orders of courts, contracts, or other agreements.

Appropriations of income resting in the discretion of the utility, i.e., not required by mortgages, contracts, etc., shall be charged to account 460, Miscellaneous Deductions from Income.

This account shall include deductions from income for purposes not provided for elsewhere and not specifically required under terms of ordinances, mortgages, contracts, etc. This includes donations to others than the operating or lessor municipality and expenses of issuing obligations other than long term debt.

This account shall include the net balance developed in the Income Account.

This account shall include all credits affecting the utility's surplus or deficit not elsewhere provided for, such as:

This account shall include appropriations of Surplus to reserves made by action of the board of directors or other governing body of the municipal electric utility, and not chargeable to account 459, Contractual Appropriations of Income.

All other appropriations to reserves or for other purposes shall be charged to account 460, Miscellaneous Deductions from Income, or other appropriate income account.

This account shall include all debits affecting the utility's surplus or deficit not elsewhere provided for, such as:

This account shall include revenues from electricity supplied for residential purposes.

The records supporting the entries to this account shall be kept so that the number of kilowatt-hours sold and the revenue therefrom will be available for each service classification.

When electricity supplied through a single meter is used for both residential and commercial purposes, the total revenue may be included in either this account or account 602, Commercial Sales.

This account shall include revenues from electricity supplied for commercial purposes.

The records supporting the entries to this account shall be kept so that the number of kilowatt-hours sold and the revenue therefrom will be available for each service classification.

When electricity supplied through a single meter is used for both residential and commercial purposes, the total revenue may be included in either this account or account 601, Residential Sales.

This account shall include revenues from electricity supplied for industrial purposes.

The records supporting the entries to this account shall be kept so that the number of kilowatt-hours sold and the revenue therefrom will be available for each service classification.

This account shall include revenues from electricity supplied and services rendered for the purpose of lighting streets, parks, and other public places by means of electricity for the operating municipality. (For basis of credits to this account, see section 197.33.)

The records supporting the entries to this account shall be kept so that the number of kilowatt-hours supplied at each rate will be available.

This account shall include revenues from electricity supplied and services rendered for the purpose of lighting streets, parks, and other public places by means of electricity for municipalities other than the operating municipality, or other subdivisions or agencies of State or Federal governments.

The records supporting the entries to this account shall be kept so that the number of kilowatt-hours supplied under each contract or rate will be available.

This account shall include revenues from electricity supplied to the operating municipality for purposes other than street lighting. (For basis of credits to this account, see section 197.33.)

The records supporting the entries to this account shall be kept so that the number of kilowatt-hours supplied for each type of use and at each rate will be available.

This account shall include revenues from electricity supplied for purposes other than street lighting or redistribution, to municipalities other than the operating municipality, or other subdivisions or agencies of State or Federal governments, under special contracts or agreements or service classifications applicable only to public authorities.

The records supporting the entries to this account shall be kept so that the number of kilowatt-hours supplied under each contract or rate will be available.

This account shall include revenues from electricity supplied to private electric companies or to public authorities for redistribution.

When the contract is a reciprocal one, i.e., when either party thereto may take electricity from the other, the gross amount receivable for electricity supplied to the other party shall be included herein in each accounting period and the gross amount payable for electriicty received from the other party shall be charged to account 721, Electricity Purchased.

The records supporting the entries to this account shall show separately for each contract the point of delivery, the maximum demand upon the utility, the kilowatt-hours supplied, the basis for the charge, and the total charge to the distributor. When electricity is delivered to a distributor at more than one point, like detail shall be furnished for each point of delivery.

Revenues from electricity supplied to other public utilities for use by them shall be credited to account 602 or 603, unless supplied under the same contract as and not readily separable from revenues included in this account.

This account shall include revenues derived from electricity supplied to railroads and street railroads, for use primarily in propulsion of their cars.

Revenues from electricity supplied to railroads or street railroads for other purposes shall be credited to account 602 or 603, unless supplied under the same contract as and not readily separable from revenues included in this account.

(A) This account shall include revenues from the rent of electric operating property except when such rental is under lease or agreement which gives the lessee exclusive possession of a distinct operating unit. (See also account 431, Rent from Lease of Electric Plant—Cr., § 197.28.)

(B) When the utility operates or maintains property for the joint benefit of itself and others, or for the joint benefit of the electric and other operating departments, under an arrangement for the apportionment of expenses upon the basis of relative benefits, any profits element or return and taxes upon the property involved shall be included in this account. Such profit or return on investment must be over and above all operating expenses, including provision for depreciation and amortization of the property involved. (See § 197.16.)

Rent from real estate held as an investment shall be included in account 441, Revenues from Non-operating Property.

When rent revenue is derived from property used jointly for electric and other operations, such revenue shall be equitably allocated among the departments involved.

This account shall include revenues incidental to electric operations not specifically provided for elsewhere, including interest on funds used in operations; sales to others of excess water, hydraulic power, or steam; commissions on sales or distribution of others' electricity (sold under schedules filed by such other distributors); and charges for the connection, disconnection, or reconnection of meters.

A separate subdivision shall be maintained for each class of revenues includible in this account which is substantial in amount.

This account shall include the pay and expenses of officers, superintendents, and other employees engaged in supervising and directing the operation of the transmission system (see § 197.35); assistants, general foremen, and clerical help on records; such portion of the salaries and expenses of the engineering staff, consulting operating engineers, and draftsmen, as may be applicable; and related office supplies and expenses (but not rent). (See § 197.10.)

This account shall include the pay of employees in transmission substations (see § 197.35), including routine inspecting and testing of equipment operated.

Do not include maintenance labor in this account.

This account shall include the cost of supplies used and expenses incurred in the operation of transmission substations. (See § 197.35.)

Do not include maintenance materials in this account.

This account shall include the pay of system operators, load dispatchers, and their assistants engaged in the operation of a central load dispatching system.

This account shall include the pay and expenses of employees engaged in the operation of the overhead transmission lines (see § 197.35), and supplies and small tools used in connection therewith.

Do not include in this account maintenance labor or materials.

This account shall include the pay and expenses of employees engaged in the operation of underground transmission lines (see § 197.35), and supplies and small tools used in connection therewith.

Do not include in this account maintenance labor or materials.

This account shall include miscellaneous supplies used and expenses incurred not provided for in the foregoing transmission line operating accounts. (See § 197.35.)

Do not include in this account maintenance labor or materials.

This account shall include the cost of repairs to transmission structures, fixtures, and grounds, the book cost of which is included in account 311(5), Transmission System Land and Rights of Way, and account 312(5), Transmission System Structures. (See § 197.10.)

Repair items are indicated in section 197.29.

This account shall include the cost of repairs to roads, trails, and bridges, the book cost of which is included in account 351, Transmission Roads and Trails. (See § 197.10.)

Repair items are indicated in section 197.29.

This account shall include the cost of repairs to substation equipment the book cost of which is included in account 352, Transmission Substation Equipment. (See § 197.10.)

Repair items are indicated in section 197.29.

This account shall include the cost of repairs to overhead conductors and line devices the book cost of which is included in account 353, Transmission Overhead Conductors. (See § 197.10.)

Repair items are indicated in section 197.29.

This account shall include the cost of repairs to underground conductors and line devices the book cost of which is included in account 354, Transmission Underground Conductors. (See § 197.10.)

Repair items are indicated in section 197.29.

(A) This account shall include the depreciation charges for the following classes of depreciable transmission system property (except such as are chargeable to account 432, Deductions from Rent Revenues—Electric):

(B) The depreciation charges shall be computed in accordance with subdivision (b) of section 197.7 and shall be concurrently credited to account 261, Depreciation Reserves.

(A) This account shall include rents includible in operating expenses (see § 197.28) for property of the operating municipality (see § 197.33) or of others used in connection with the operation or maintenance of the transmission system, including annual payments to state or federal governments for use and occupancy of public lands and reservations for transmission rights of way.

(B) This account shall be kept so as to show the rent for leased transmission property separately from rent for facilities operated under arrangements for the joint use of facilities of another; and also rents paid to the operating municipality separately from rents paid to others.

This account shall include the cost of repairs to poles, towers, and fixtures the book cost of which is included in account 358, Poles, Towers, and Fixtures. (See § 197.10.)

Repair items are indicated in section 197.29.

This account shall include the cost of repairs to conduits the book cost of which is included in account 359, Underground Conduits. (See § 197.10.)

Repair items are indicated in section 197.29.

(A) This account shall include the depreciation charges for the following classes of depreciable property (except such as are chargeable to account 432, Deductions from Rent Revenues— Electric):

(B) The depreciation charges shall be computed in accordance with subdivision (b) of section 197.7 and shall be concurrently credited to account 261, Depreciation Reserves.

This account shall include the pay and expenses of officers, superintendents, and other employees engaged in supervising and directing the operation of the distribution system (see § 197.35); assistants, general foremen, and clerical help on records; such portion of the salaries and expenses of the engineering staff, consulting operating engineers, and draftsmen, as may be applicable; and related office supplies and expenses (but not rent). (See § 197.10.)

This account shall include the pay of employees in distribution substations (see § 197.35), including routine inspecting and testing of equipment operated.

Do not include maintenance labor in this account.

This account shall include the cost of supplies used and expenses incurred in the operation of distribution substations. (See § 197.35.)

Do not include maintenance materials in this account.

This account shall include the pay of batterymen, inspectors, and testers engaged in the operation of storage batteries the book cost of which is included in account 362, Storage Battery Equipment.

This account shall include the cost of supplies used and expenses incurred in the operation of storage batteries the book cost of which is included in account 362, Storage Battery Equipment.

Do not include maintenance materials in this account.

This account shall include the pay and expenses of employees engaged in the operation of overhead distribution lines (see § 197.35) and services, and supplies and small tools used in connection therewith.

Do not include in this account maintenance labor or materials.

This account shall include the pay and expenses of employees engaged in the operation of underground distribution lines (see § 197.35) and services, and supplies and small tools used in connection therewith.

Do not include in this account maintenance labor or materials.

This account shall include the cost of labor, materials, and other expenses incident to inspecting, testing, removing, resetting, and changing location of line transformers. (See account 365, Line Transformers.)

This account shall include miscellaneous supplies used and expenses incurred in the operation of distribution lines not provided for elsewhere.

This account shall include the pay and expenses of superintendents and assistants engaged in the operation of the meter department, clerical help on records, and supplies used and expenses incurred in connection therewith.

This account shall include the cost of labor and materials used and expenses incurred in removing and resetting or changing location of meters on consumers' premises.

The cost of the first setting of meters on a new service line shall be charged to account 369, Consumers' Meter Installation.

This account shall include the cost of labor and materials used and expenses incurred in work on consumers' premises other than those included in accounts 741.44, Removing and Resetting Line Transformers, 741.52, Removing and Resetting Meters, and 742.81, Testing Consumers' Meters.

Damages to consumers' equipment by employees of the utility, whether incidental to the work or the result of negligence, shall be charged to the job on which the employees were engaged at the time such damage occurred.

Expenses incidental to taking routine demands shall be charged to account 742.81, Testing Consumers' Meters; those incidental to taking demand and power factor readings for billing purposes shall be charged to account 761.22, Meter Reading.

This account shall include the cost of repairs to buildings, fixtures, and grounds, the book cost of which is included in account 311(6), Distribution System Land and Rights of Way, account 312(6), Distribution System Structures. (See § 197.10.)

Repair items are indicated in section 197.29.

This account shall include the cost of repairs to distribution substation equipment, the book cost of which is included in account 361, Distribution Substation Equipment. (See § 197.10.)

Repair items are indicated in section 197.29.

This account shall include the cost of repairs to supplementary and standby storage battery equipment, the book cost of which is included in account 362, Storage Battery Equipment. (See § 197.10.)

Repair items are indicated in section 197.29.

This account shall include the cost of repairs to alternating current overhead conductors and line devices, the book cost of which is included in subdivisions (1) and (2) of account 363, Distribution Overhead Conductors. (See § 197.10.)

Repair items are indicated in section 197.29.

This account shall include the cost of repairs to direct current overhead conductors and line devices, the book cost of which is included in subdivision (3) of account 363, Distribution Overhead Conductors. (See § 197.10.)

Repair items are indicated in section 197.29.

This account shall include the cost of repairs to underground alternating current conductors and line devices, the book cost of which is included in subdivisions (1) and (2) of account 364, Distribution Underground Conductors. (See § 197.10.)

Repair items are indicated in section 197.29.

This account shall include the cost of repairs to underground direct current feeders, mains, Edison Tube, and line devices, the book cost of which is included in subdivisions (3) and (4) of account 364, Distribution Underground Conductors. (See § 197.10.)

Repair items are indicated in section 197.29.

This account shall include the cost of repairs to overhead line transformers the book cost of which is included in account 365(1), Line Transformers—Overhead. (See § 197.10.)

Repair items are indicated in section 197.29.

This account shall include the cost of repairs to underground line transformers the book cost of which is included in account 365(2), Line Transformers—Underground. (See § 197.10.)

Repair items are indicated in section 197.29.

This account shall include the cost of repairs to services the book cost of which is included in account 366, Overhead Services. (See § 197.10.)

Repair items are indicated in section 197.29.

This account shall include the cost of repairs to services the book cost of which is included in account 367, Underground Services. (See § 197.10.)

Repair items are indicated in section 197.29.

This account shall include the cost of routine testing and inspection of meters, including demand meters, on consumers' premises or in meter shops, and the preparation of test cards and load cars.

The cost of the first test of meters and auxiliary equipment shall be charged to the account to which such meters are charged.

This account shall include the cost of repairs to meters, devices, and appurtenances thereto, the book cost of which is included in account 368, Consumers' Meters, and account 369, Consumers' Meter Installation. (See § 197.10.)

Repair items are indicated in section 197.29.

This account shall include the cost of repairs to property on consumers' premises, the book cost of which is included in account 370, Other Property on Consumers' Premises. (See § 197.10.)

Repair items are indicated in section 197.29.

(A) This account shall include the depreciation charges for the following classes of depreciable distribution property (except such as are chargeable to account 432, Deductions from Rent Revenues—Electric):

(B) The depreciation charges shall be computed in accordance with subdivision (b) of section 197.7 and shall be concurrently credited to account 261, Depreciation Reserves.

(A) This account shall include rents includible in operating expenses (see § 197.28) for property of the operating municipality (see § 197.33) or of others used in connection with the operation or maintenance of the distribution system (see § 197.35) including annual payments to State or Federal governments for use and occupancy of public lands and reservations for distribution rights of way.

(B) This account shall be kept so as to show the rent for leased distribution property separately from rent for facilities operated under arrangements for the joint use of facilities of another; and also rents paid to the operating municipality separately from rents paid to others.

This account shall include the pay and expenses of officers, superintendents, and other employees engaged in supervising and directing the operation of street lighting and signal systems; assistants, general foremen, and clerical help on records; such portion of the salaries and expenses of the engineering staff, consulting operating engineers, and draftsmen, as may be applicable; and related office supplies and expenses (but not rent). (See also §§ 197.10, 197.33.)

The utility may keep expenses applicable to street lighting separate from expenses applicable to signal system operations.

This account shall include the cost of labor and materials used and expenses incurred in the operation of overhead street lighting and signal systems, including traffic, fire and police signal systems.

Do not include in this account maintenance labor or materials.

The utility may keep expenses applicable to street lighting separate from expenses applicable to signal system operations.

This account shall include the cost of labor and materials used and expenses incurred in the operation of street lighting and signal systems, including traffic, fire, and police signal systems.

Do not include in this account maintenance labor or materials.

The utility may keep expenses applicable to street lighting separate from expenses applicable to signal system operations.

This account shall include the cost of repairs to overhead street lighting and signal system equipment the book cost of which is included in account 371 (1), Street Lighting and Signal System Equipment—Overhead.

Repair items are indicated in Section 197.29.

The utility may keep expenses applicable to street lighting separate from expenses applicable to signal system operations.

This account shall include the cost of repairs to underground street lighting and signal system equipment the book cost of which is included in account 371 (2), Street Lighting and Signal System Equipment—Underground.

Repair items are indicated in section 197.29.

The utility may keep expenses applicable to street lighting separate from expenses applicable to signal system operations.

(A) This account shall include the depreciation charges for street lighting and signal system equipment the book cost of which is included in account 371, Street Lighting and Signal System Equipment (except such as are chargeable to account 432, Deductions from Rent Revenues— Electric).

(B) The depreciation charges shall be computed in accordance with subdivision (b) of section 197.7 and shall be concurrently credited to account 261, Depreciation Reserves.

The utility may keep expenses applicable to street lighting separate from expenses applicable to signal system operations.

(A) This account shall include rents includible in operating expenses (see § 197.28) for property of the operating municipality (see § 197.33) or of others used in connection with the operation or maintenance of street lighting or signal systems.

(B) This account shall be kept so as to show the rents for such property separately from rent for facilities operated under arrangements for the joint use of facilities of others; and also rents paid to the operating municipality separately from rents paid to others.

The utility may keep expenses applicable to street lighting separate from expenses applicable to signal system operations.

When duties of individual employees are so diversified that distribution of pay to this account and to account 771, Sales Labor and Supplies, and account 781, General Office Salaries and Expenses, is impracticable, Class D utilities may charge such pay to the account or accounts to which the major portion of the time of such employees is applicable. Office supplies and expenses may be accounted for in like manner.

This account shall include the pay and expenses of officers and employees engaged in supervising and directing work on consumers' contracts, orders, inquiries, and accounts, and in meter reading and collecting; and related office supplies and expenses (but not rent). (See § 197.10.)

This account shall include the pay and expenses of employees engaged in work on consumers' applications, contracts, orders, and inquiries; and supplies used and expenses incurred in connection therewith. (See §§ 197.10, 197.33.)

This account shall include the pay and expenses of employees engaged in reading consumers' meters, and supplies used and expenses incurred in connection therewith. (See §§ 197.10, 197.33.)

This account shall include the pay and expenses of employees engaged in collecting consumers' bills, and supplies used and expenses incurred in connection therewith. (See §§ 197.10, 197.33.)

This account shall include the pay and expenses of employees engaged in consumers' billing and accounting, and supplies used and expenses incurred in connection therewith. (See §§ 197.10, 197.33.)

This account shall include the labor and materials used and expenses incurred in consumers' accounting and collecting which are not chargeable to the foregoing accounts.

This account shall include rents includible in operating expenses (see § 197.28) for property of the operating municipality (see § 197.33) or of others used in connection with consumers' accounting and collecting.

When duties of individual employees are so diversified that distribution of pay to this account and to account 761, Consumers' Accounting and Collecting Labor and Supplies, and account 781, General Office Salaries and Expenses, is impracticable, Class D utilities may charge such pay to the account or accounts to which the major portion of the time of such employees is applicable. Office supplies and expenses may be accounted for in like manner.

This account shall include the pay and expenses of officers and employees engaged in supervising and directing the sales department and the solicitation of new business; assistants, salesmen, stenographers, and clerical help on records; and related office supplies and expenses (but not rent). (See §§ 197.10, 197.33.)

This account shall include the labor and materials used and expenses incurred in demonstrating the proper use of appliances or other equipment.

This account shall include the labor and materials used and expenses incurred in connection with advertising for the purpose of promoting the sale of electricity.

Advertisements not directly connected with the promotion of the sale of electricity, such as advertisements in connection with employment, changes in rates, cases before regulatory commissions or courts, the sale of bonds, or other securities, or general public relations, shall not be included in this account but in account 785, Other General Expenses, or other appropriate account.

This account shall include labor and materials used and expenses incurred in soliciting new business other than those chargeable to the foregoing accounts. (See also § 197.33.)

(A) This account shall include revenues derived from the sale by the utility or its employees or agents, of goods or appliances which operate by means of electricity; also the performance, by the utility or by its employees, of jobbing or contract work, such as wiring and installing appliances, constructing at consumers' expense services not includible in operating property, etc.

(B) This account shall also include the profit or commission accruing to the utility on merchandise sales or on jobbing for others as agent.

(C) To this account shall be charged the cost of merchandise sold and jobbing work done for its own account.

This account shall include rents includible in operating expenses (see § 197.28) for property of the operating municipality (see § 197.33) or of others used for the sales department.

When duties of individual employees are so diversified that distribution of pay to this account and to account 761, Consumers' Accounting and Collecting Labor and Supplies, and account 771, Sales Labor and Supplies, is impracticable, Class D utilities may charge such pay to the account or accounts to which the major portion of the time of such employees is applicable. Office supplies and expenses may be accounted for in like manner.

This account shall include the pay, office, traveling, and other expenses of officers who are engaged in the general administration or management of the utility, and the pay and expenses of their assistants and office forces.

Do not include in this account amounts payable to organizations for service chargeable to account 782, Management Service.

If officers or assistants supervise particular departments of electric operations or other operations, or are engaged in specific work other than supervision of the entire electric system, their pay and expenses shall be apportioned to the appropriate accounts for electric operations or other operations. (See also § 197.33.)

This account shall include the pay, office, traveling, and other expenses of officers, assistants and office forces, of the treasury and general accounting departments, except such as are chargeable to consumers' accounting and collecting or to other departments of electric operations.

Do not include in this account amounts payable to organizations for services chargeable to account 782, Management Service.

If officers or assistants supervise particular departments of electric operations or other operations, or are engaged in specific work other than supervision of the entire electric system, their pay and expenses shall be apportioned to the appropriate accounts for electric operations or other operations. (See §§ 197.10. 197.33.)

This account may be subdivided to show expenses applicable to the treasury department separately from those which apply to the accounting department.

The cost of printing bonds in connection with new or additional issues shall be charged to account 141, Unamortized Debt Discount and Expense, or account 271, Unamortized Premium on Debt, as appropriate.

This account shall include, except as provided elsewhere (see notes A and B hereunder), the pay and expenses of officers, assistants, office forces, and other employees of the law department of the municipal electric utility; fees and retainers, supplies, and expenses of attorneys not regularly employed; court costs; and supplies and expenses of the law office of the municipal electric utility.

The pay of general law department officers and employees engaged in formal cases before regulatory commissions, or in cases in which such a commission is a party, or when specifically assigned to injury or damage cases, shall be charged to account 146, Regulatory Commission Suspense, account 783.2, Injuries and Damages, or other appropriate account.

Law expenses incident to the construction of electric property or the acquisition of certificates from federal or state commissions or securing from local authorities franchises or consents shall be charged to the appropriate operating property accounts. (For law expenses in connection with property purchased, see section 197.27.) Law expenses incident to the issuance of long term debt shall be charged to account 141, Unamortized Debt Discount and Expense, or account 271, Unamortized Premium on Debt.

See also section 197.33.

This account shall include the pay of officers, assistants, office forces, and other employees engaged in the general office of the electric department and not elsewhere provided for.

Salaries which are clearly applicable to any group of operating expenses other than Administrative and General shall not be included in this account.

This account shall include the expenses incurred and the cost of supplies for the electric general office, including office building service. (See also § 197.33.)

Office expenses which are clearly applicable to any group of operating expenses other than Administrative and General shall not be included in this account.

The cost of repairs to general office structures shall be charged to account 787, Repairs to General Property.

Exclude herefrom and include in accounts 761-774, the expenses of the consumers' accounting and collecting and sales departments of the utility.

This account shall include all fees and incidental expenses payable by the utility to organizations or persons other than its own employees or employees of the operating municipality, for continuously rendered management and supervision services. (See also § 197.33.)

The records supporting this account shall be kept so as to show the bases for the charges hereto, and the payee.

This account shall include the cost of insurance to protect the utility against losses and damages to owned or leased property used in its electric operations except as provided in note C hereunder. This includes the premiums payable to insurance companies or amounts credited to account 264, Insurance Reserve, for fire, storm, burglary, boiler, explosion, lightning, and other insurance; and special costs incurred in procuring insurance, such as notarial fees, insurance inspection service; and the pay, traveling, and office expenses of officers, clerks, and other employees of an insurance department.

Recoveries from insurance companies or others for property damages shall be credited to the account charged with the cost of the repairs. If the damaged property is retired, the credit shall be to account 261, Depreciation Reserves.

The utility shall keep its records so as to show the amount of coverage for each class of insurance carried, the property covered, and the premiums applicable thereto; and the distribution of the costs to specific operations or departments.

The cost of insurance to protect the utility against losses and damages to the following classes of owned or leased property used in electric operations shall be charged as follows:

Materials and supplies and stores equipment, to account 802, Stores—Clearing.

Shop and laboratory equipment, to account 803, Shop and Laboratory—Clearing.

Transportation and garage equipment, to account 804, Transportation—Clearing.

Insurance on other property may be distributed to the accounts herein in accordance with the use of the property insured.

See also section 197.33.

(A) This account shall include losses (except as provided in note D herein) not covered by insurance, on account of injuries or deaths to employees or others, which occur in connection with electric operations, including payments and expenses on account of damages to the property of others in connection with such operations whether by fire, flood, storm, or other cause. Amounts may be accrued monthly sufficient to meet the probable liability for such losses, with concurrent credits to account 265, Injuries and Damages Reserve, in which case such losses shall be charged to the reserve.

(B) This account shall also include:

(C) Reimbursements from insurance companies or others for expenses charged hereto on account of injuries and damages, and insurance dividends or refunds, shall be credited to this account.

Accruals to this account may be made upon the basis of a percentage of revenue, quantity of electricity sold, or other appropriate basis.

Payments to or on behalf of employees, including accident and death benefits, salaries, hospital expenses, medical supplies, and also salaries, fees, and expenses of surgeons, doctors, nurses, etc., when provided for through a plan for employees' benefits, shall be charged to account 785.1, Employees' Welfare Expenses.

No part of the salaries of officers or employees of the law department shall be included in this account for merely incidental services in connection with injury and damage claims. (See § 197.10.)

Losses or insurance in connection with transportation and garage equipment shall be charged to account 804, Transportation— Clearing. The utility may distribute other losses to the accounts provided for the operation in connection with which the losses were incurred. (See also clearing accounts 802-808.)

See also section 197.10.

This account shall include expenses incurred by the utility in connection with formal cases before federal or state regulatory commissions, or cases in which such a body is a party, which by order of the Commission are chargeable hereto. (See account 146, Regulatory Commission Suspense.)

(A) This account shall include pensions paid to retired employees or their beneficiaries and the costs incurred because of membership of employees of the utility in New York State Employees' Retirement System.

(B) This account shall include the cost incurred in conducting employees' accident prevention, educational and recreational activities, the cost of employees— relief and benefits (other than injuries and damages chargeable to account 783.2, Injuries and Damages and the cost of life and other insurance underwritten or paid by the utility on employees for the benefit of such employees or their beneficiaries.

Any municipality which, after the effective date of this order, joins the New York State Employees' Retirement System for the benefit of the employees of any utility department subject to the jurisdiction of the Public Service Commission, shall promptly notify the Commission of that action, giving the effective date of membership, and submit a copy of the report of the State actuary.

No charges shall be made to this account in anticipation of discretionary pension payments in the future.

See also sections 197.11 and 197.33.

(A) This account shall include all general expenses connected with electric operations not provided for elsewhere. This includes fees and expenses payable to trustees; dues in associations of public utilities; expenses in connection with publishing and mailing reports and notices to governing bodies or to citizens of the operating municipality, etc.; cash overages and shortages; badges and uniforms of employees; and other like items.

(B) Class D utilities which do not keep clearing accounts 802 to 808 shall charge to this account the cost of items includible in such clearing accounts except when the expenditures are chargeable to operating property accounts (see § 197.21), or are clearly applicable to a particular account. Repairs shall be charged to account 787, Repairs to General Property; and depreciation shall be charged to account 788, Depreciation of General Property.

See also section 197.33.

This account shall include the rent accrued each month on all items of property of the municipality (see § 197.33) or of a general character, such as office buildings, office space, shops, storehouses, etc., used in electric operations, except rent for property constituting a distinct operating unit of which the utility has exclusive possession. (See also account 433, Rent for Lease of Electric Plant—Dr.)

Revenues from subleasing property the rent for which is included in this account shall be credited to account 621, Rent from Electric Property (§ 200.5).

This account shall include the cost of repairs to office buildings, storehouses, shops, laboratories, garages, and the grounds appurtenant thereto, or other property, the book cost of which is included in subdivisions (7), (8), (9), (10), and (11) of account 311, Land, or subdivisions (7), (8), (9), (10), and (11) of account 312, Structures, account 385, Communication Equipment, account 388, Miscellaneous General Equipment, and account 391, Miscellaneous Tangible Property.

Repair items are indicated in section 197.29.

See also § 197.33.

Repairs to office equipment shall be charged to the same account as supplies and expenses of the office or other room in which such equipment is located.

If account 808, General Tools and Implements—Clearing, is not used, repairs to general tools and implements shall be included in this account.

(A) This account shall include the depreciation charges for the following classes of depreciable general structures and grounds and general equipment (except such as are chargeable to account 432, Deductions from Rent Revenues—Electric):

(B) This account shall also include the portion applicable to electric operations of the depreciation charges upon similar property in Operating Property— General, which is partly used in electric operations.

(C) The depreciation charges shall be computed in accordance with subdivision (b) of section 197.7 and shall be concurrently credited to account 261, Depreciation Reserves.

If account 808, General Tools and Implements—Clearing, is not used, depreciation charges for general tools and implements (account 387), shall be included in this account.

This account shall include the portion of the unamortized service value of electric or general operating property retired which, by order of the Commission, the utility is required to charge hereto each month with concurrent credits to account 143, Suspense to be Amortized. (See § 197.23, subd. [b].)

(A) This account shall include amortization charges for limited term leaseholds, rights of way, water diversion rights, water rights, patent rights, licenses, and cost of and expenses incidental to the acquisition of franchises, consents, permits, privileges, etc., which are included in accounts 302, Franchises and Consents, 303, Miscellaneous Intangible Property, and 311, Land. Such charges shall be computed so as to distribute the book cost of each item evenly throughout its life.

(B) This account shall also include the portion applicable to electric operations of the amortization charges upon similar property in Operating Property—General, which is partly used in electric operations.

(C) The amounts charged to this account shall be concurrently credited to account 262, Amortization Reserves.

(D) This account shall also be charged or credited with the loss or profit at the retirement of any item of intangible property listed above as provided in account 262, Amortization Reserves.

(A) This account shall include annual or more frequent payments to municipal or other governmental authorities (except the operating municipality), and the cost of services and materials furnished such authorities, in compliance with franchises, ordinances, or similar requirements, to the extent that payment therefor is not received. (See also § 197.33.)

(B) The utility may charge to this account at regular tariff rates, instead of cost, electricity furnished without charge under provisions of franchises to others than the operating municipality.

(C) When no direct outlay is involved, concurrent credit for such charges shall be to account 793, Duplicate Miscellaneous Charges—Cr.

This account shall include such part of operating costs (except steam and other production costs), borne in the first instance by the electric department, as is properly chargeable to another co- ordinate department of the utility, such as a gas department. This is not intended to prohibit the direct apportionment of expenses between departments, and so far as practicable, that shall be done. (See also 197.33.)

This account shall include concurrent credits for charges which are made to account 791, Franchise Requirements, to the extent that such charges do not represent direct outlays. It shall also include concurrent credits for charges which are made to operating expense accounts other than production expenses, for electricity used by or services rendered to the electric department for which there is no direct money outlay.

Exclude from this account any transactions with the operating municipality. (See § 197.33.)

(A) This account shall include all amounts payable by the utility or which were credited to the operating municipality for any purpose whatsoever. This includes contributions in cash or property, charges for or incident to management, purchasing, construction, accounting, engineering, and other services, rentals, advertising, portions of salaries and expenses of officers or employees of the operating municipality, printing, insurance, portions of expenses of the operating municipality which are also a benefit to the utility, materials, commissions, taxes, and all other items. This includes all such items, whether the ultimate distribution through this account is to property, operating expense, or other accounts. Items for which no payment is to be made shall be credited to account 280, Contributions—Operating Municipality.

(B) This account shall be cleared by charging to the appropriate accounts the expenditures applicable thereto.

(C) No debits for any expenditures described in paragraph A hereof shall be made to any other account in this system of accounts except by clearing through this account.

The mandatory use of this account may be suspended upon order of the commission if equivalent information is readily obtainable from other sources in the utility's records.

(A) This account shall be charged with the cost of supervision, labor, and expenses applicable to the operation of the utility's storerooms, including the purchase, storage, handling, and distribution of materials and supplies; and also repairs and depreciation of stores equipment. (See also § 197.33.)

(B) Credit to this account cash discounts when such discounts can not be applied to particular materials.

(C) This account shall be cleared by crediting hereto amounts sufficient to distribute the stores expenses over the cost of the materials handled.

Transportation charges on materials recovered from plant shall be charged to the account to which the cost of removal was charged.

(A) This account shall be charged with the cost of supervision, labor, and expenses applicable to the operation of the shops and the laboratories of the utility. (See also § 197.33.)

(B) This account shall be cleared by crediting hereto amounts sufficient to distribute the shop and laboratory expenses to the operating expense or other accounts to which the amounts included herein are applicable.

When the expenses in connection with a shop or laboratory are chargeable to a single account, they may be charged directly to such account.

(A) This account shall be charged with the cost of supervision, labor, and expenses applicable to the operation of the transportation equipment of the utility. (See also § 197.33.)

(B) This account shall be cleared by apportionment to property, operating expense, or other accounts on the basis of time and/or mileage of vehicles, with due regard to differences in size and character of vehicles.

Records supporting this account shall show the extent and nature of usage of each transportation unit for which charges are handled through this account.

Expenses incurred in operating transportation equipment used wholly for one purpose may be charged directly to the account appropriate for such purpose.

(A) This account, when used, shall include the expenses of operating offices and buildings, whether owned or rented from others. (See also § 197.33.)

(B) This account shall be cleared by apportionment to the operating expense and other accounts on the basis of the use made of such property.

This account shall be kept so as to show the cost of building service separately for each building operated.

(A) This account, when used, shall include the pay and expenses of officers, engineers, their assistants, and others employed in engineering duties, except when chargeable directly to specific work on construction, operation, or repairs. (See also §§ 197.10 and 197.33.)

(B) This account shall be cleared by apportionment to the appropriate accounts for construction, repairs, or operation in electric or other departments on the basis of service rendered, determined by the time devoted to particular work.

(A) This account, when used, shall include the cost of supervision, labor, and expenses applicable to the operation of general construction and repair equipment the book cost of which is included in account 387, General Tools and Implements. (See also § 197.33.)

(B) This account shall be cleared by apportionment to property, operating expense, or other accounts on the basis of use of such equipment.

Records supporting this account shall show the extent and nature of usage of each unit of equipment for which charges are handled through this account.

Expenses incurred in operating general tools and implements used wholly in work chargeable to one account may be charged directly to such account.

If this account is not used, repairs to and depreciation of property carried in account 387, General Tools and Implements, shall be included in account 787, Repairs to General Property, and account 788, Depreciation of General Property, respectively.