The commission may require a public utility to establish, provide, and maintain as a part of its system of accounts, continuing property records segregated by the year of placement in service, including a list or inventory of all the units of tangible property used or useful in the public service, identifying the property by location and project. The commission may require a public utility to keep accounts and records in a manner that shows the original cost of the property when first devoted to the public service, and the current related reserve for depreciation. A public utility with annual revenues exceeding $100,000 shall keep continuing property records.
Structure Alaska Statutes
Title 42. Public Utilities and Carriers and Energy Programs
Chapter 05. Alaska Public Utilities Regulatory Act
Article 5. Accounts, Records, and Reports.
Sec. 42.05.451. System of accounts and reports.
Sec. 42.05.461. Continuing property records.
Sec. 42.05.471. Depreciation rates and accounts.
Sec. 42.05.481. Separate Business Accounts.