23954652, 25-7.0141 - Florida Administrative Rules, Law, Code, Register

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Florida Department of State and Division of Library and Information Services

Notice: 23954652

Notice of Proposed Rule

Department:

PUBLIC SERVICE COMMISSION

Chapter:

GAS SERVICE BY GAS PUBLIC UTILITIES

Overview

RULE:

25-7.0141

Allowance for Funds Used During Construction

PURPOSE:

To update and clarify the Commission’s allowance for funds used during construction (AFUDC) policy for natural gas utilities. 
Docket No. 20200237-PU

SUMMARY:

The amendments update and clarify the rule to set forth the Commission’s current policy on AFUDC for natural gas utilities. The amendments to the rule include the addition of a definition section; clarification that a utility may bundle projects under certain circumstances; identifies which projects are eligible and ineligible for AFUDC; the establishment of a threshold for projects eligible for AFUDC; and the establishment of the methodology for determining the AFUDC rate.

RULEMAKING AUTHORITY:

350.127(2), 366.05(1), F.S.

LAW:

350.115, 366.05(1), 366.06(1), F.S.

PRINT PUBLISH DATE:

12/4/2020 Vol. 46/235

COMMENTS:

From 12/4/2020 To 12/25/2020 (21 Days)
The public comment period for this notice has already expired.

REFERENCE MATERIALS:

No reference(s).

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