16 Tex. Admin. Code § 7.310 – System of Accounts

(a) Except as provided in this section, each gas utility, as defined in §7.115 of this title (relating to Definitions), shall utilize the Federal Energy Regulatory Commission's (FERC) Uniform System of Accounts (USOA) prescribed for Natural Gas Companies subject to the Provisions of the Natural Gas Act (as amended from time to time) (FERC USOA) for all operating and reporting purposes. Gas-gathering utilities, as defined in §7.115 of this title (relating to Definitions), shall not be required to operate under the FERC USOA, but shall be required to report under those accounts for annual report and gas utility tax purposes pursuant to §7.301 of this title (relating to Annual Report) and §7.351 of this title (relating to Gas Utility Tax). The FERC Uniform System of Accounts shall be applicable to all gas utility and gas utility related operations regardless of location, except those gas-gathering utilities as defined in this chapter.
(b) As provided in General Instruction 3.C. of the FERC USOA, a gas utility may use a different system of account numbers than those prescribed by the FERC USOA if the gas utility maintains a readily available cross-reference between its account numbers and the prescribed account numbers. The contents of each account, however, must conform to the account definitions set forth in the USOA.
(c) Any utility currently using the NARUC USOA shall maintain a readily accessible cross-reference system between the NARUC USOA and the FERC USOA for calendar year 2003 reporting purposes. Every gas utility subject to this provision shall transition to the FERC Uniform System of Accounts not later than January 1, 2004. Any gas utility needing additional transition time may request an extension to the January 1, 2004, date by submitting a request in writing stating the reasons why an extension is needed and establishing a date for completion of the transition.

Source Note:The provisions of this §7.310 adopted to be effective July 29, 2002, 27 TexReg 6687; amended to be effective January 11, 2004, 29 TexReg 360.