N.D. Admin. Code 69-09-05.1-04

Current through Supplement No. 394, October, 2024

Section 69-09-05.1-04 - Accounting practices - Allowance for funds used during construction for rate-regulated gas companies

A North Dakota natural gas distribution company subject to rate regulation by the commission may not capitalize allowance for funds used during construction (AFUDC) as prescribed in title 18, Code of Federal Regulations, part 201, for projects costing less than ten thousand dollars and taking less than thirty days to complete.

N.D. Admin Code 69-09-05.1-04

Effective July 1, 2008.

General Authority: NDCC 28-32-02

Law Implemented: NDCC 49-02-12