FERC and RUS Accounting for Electric Construction

FERC | RUS Accounting, FERC | RUS Construction Accounting, Cost of Service and Rates Russ Hissom, CPA FERC | RUS Accounting, FERC | RUS Construction Accounting, Cost of Service and Rates Russ Hissom, CPA

Where You Classify Electric Assets Directly Impacts Rates

The FERC Chart of Accounts sets the standard for electric fixed assets accounting. This case study presents an electric utility seeking to strengthen its work order fixed asset processes. The solution took time, but the outcome was spot-on. This article is a bit technical, but if your electric co-op or utility is considering addressing deficiencies in its fixed assets, this is a detailed approach that will be a winner.

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FERC | RUS Construction Accounting, Cost of Service and Rates, Business Process and Strategy Russ Hissom, CPA FERC | RUS Construction Accounting, Cost of Service and Rates, Business Process and Strategy Russ Hissom, CPA

How to “Shrink” Electric Fixed Asset Records to Build a Better Accounting Process

Using FERC and RUS accounting and best practices can provide a firm foundation for infrastructure costing and historical fixed asset reporting. Electric fixed asset records that are not accurate can have a negative impact on customer rates. This post discusses that linkage and how the issue may be resolved.

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