2010 Pennsylvania Code
Title 66 - PUBLIC UTILITIES
Chapter 17 - Accounting and Budgetary Matters
1701 - Mandatory systems of accounts.

                                CHAPTER 17
                     ACCOUNTING AND BUDGETARY MATTERS

     Sec.
     1701.  Mandatory systems of accounts.
     1702.  Continuing property records.
     1703.  Depreciation accounts; reports.
     1704.  Records and accounts to be kept in Commonwealth.
     1705.  Budgets of public utilities.
     1706.  Applicability to municipal corporations.

        Enactment.  Chapter 17 was added July 1, 1978, P.L.598,
     No.116, effective in 60 days.
     § 1701.  Mandatory systems of accounts.
        The commission may, after reasonable notice and hearing,
     establish systems of accounts, including cost finding
     procedures, to be kept by public utilities, or may classify
     public utilities and establish a system of accounts for each
     class, and prescribe the manner and form in which such accounts
     shall be kept. Every public utility shall establish such systems
     of accounting, and shall keep such accounts in the manner and
     form required by the commission. The accounting system of any
     public utility also subject to the jurisdiction of a Federal
     regulatory body shall correspond, as far as practicable, to the
     system prescribed by such Federal regulatory body. The
     commission may require any such public utility to keep and
     maintain supplemental or additional accounts to those required
     by any such regulatory body.

        Cross References.  Section 1701 is referred to in section
     1706 of this title.