of these rules. Utilities subject to any such orders may conform the related accounts to
the updated accounts adopted by these rules, with notice to the commission.
(d) The Michigan public service commission may authorize gas utilities to utilize
account numbers not listed in the federal energy regulatory commission's uniform
system of accounts for major and nonmajor gas utilities.
(e) The gas utilities under the jurisdiction of the Michigan public service
commission shall apply to the Michigan public service commission for Michigan retail
jurisdictional use of the following accounts:
(i) Account 182.1 - Extraordinary property losses.
(ii) Account 182.2 - Unrecovered plant and regulatory study costs.
(iii) Account 182.3 - Other regulatory assets.
(iv) Account 254 - Other regulatory liabilities.
(v) Account 407 - Amortization of property losses, unrecovered plant and
regulatory study costs.
(vi) Account 407.3 - Regulatory debits.
(vii) Account 407.4 - Regulatory credits.
(f) In addition to the accounts listed in 18 CFR Part 201 (2010), the following
accounts shall be adopted in order to maintain consistency with accounts previously
required by the Michigan public service commission:
(i) Account 246 - Federal income taxes accrued for prior years.
(ii) Account 246.1 - State and local taxes accrued for prior years.
(iii) Account 247 - Federal income taxes accrued for prior years - adjustments.
(iv) Account 247.1 - State and local taxes accrued for prior years - adjustments.
(2) Each gas utility subject to this rule shall file the following with the Michigan
public service commission:
(a) In utility filings and other correspondence with the federal energy regulatory
commission or its staff, on and after the effective date of this rule, regarding the utility's
accounting practices or the uniform system of accounts for major and nonmajor gas
utilities, including but not limited to requests for accounting guidance and or approval of
accounting entries, the portion of the initial filing or correspondence by the utility
relating to accounting practices or the uniform system of accounts for major and
nonmajor gas utilities, and the final disposition of the matter.
(b) In other changes in the utility's accounting practices prompted by the federal
energy regulatory commission orders, directives, or correspondence, a written
explanation of the change in practice.
(c) In the regular periodic or special compliance audits performed on and after the
effective date of this rule by the federal energy regulatory commission or its staff,
notification of the commencement of the audit and a copy of the final audit report.
(3) The adopted regulations are available
via
the
internet
at
printed copy of the code of federal regulations, Title 18, Conservation of Power and
Water Resources, Parts 1-399, revised as of April 1, 2010, is available from the United
States government printing office, 732 N. Capitol Street, NW, Washington, DC
20401, or by telephone at 1-866-512-1800 (toll free) or 202-512-1800 for a cost of as
of the time of the adoption of these rules of $68.00. The uniform system of accounts
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