Iowa Admin. Code r. 199-33.7 - Standards for costing asset transfers within a regulated subsidiary or utility
(1) If
an asset that is a direct cost of nonutility operations becomes a cost of
utility operations, the asset shall be transferred or allocated to utility
operations at the lesser of net book value , the price actually charged to
affiliates or nonaffiliates, or the market price of comparable
assets.
(2) If an asset that is a
direct cost of utility operations becomes a cost of nonutility operations, the
asset shall be transferred or allocated to the nonutility operations at the
greater of net book value , the price actually charged to affiliates or
nonaffiliates, or the market price of comparable assets.
Notes
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