CFR > Title 18 - Conservation of Power and Water Resources > CHAPTER I—FEDERAL ENERGY REGULATORY COMMISSION, DEPARTMENT OF ENERGY > SUBCHAPTER U—REGULATIONS UNDER THE PUBLIC UTILITY HOLDING COMPANY ACT OF 2005, FEDERAL POWER ACT AND NATURAL GAS ACT (parts 366 to 369) > PART 367—UNIFORM SYSTEM OF ACCOUNTS FOR CENTRALIZED SERVICE COMPANIES SUBJECT TO THE PROVISIONS OF THE PUBLIC UTILITY HOLDING COMPANY ACT OF 2005, FEDERAL POWER ACT AND NATURAL GAS ACT > SUBPART B—General Instructions (§367.2 to §367.30) > 367.2—Companies for which this system of accounts is prescribed.

367.2—Companies for which this system of accounts is prescribed.

(a) Unless otherwise exempted or granted a waiver by Commission rule or order pursuant to §§ 366.3 and 366.4 of this chapter, this Uniform System of Accounts applies to any centralized service company operating, or organized specifically to operate, within a holding company system for the purpose of providing non-power services to any public utility or any natural gas company, or both, in the same holding company system.
(b) This Uniform System of Accounts is not applicable to:
(1) Service companies that are specifically organized as a special-purpose company such as a fuel supply company or a construction company.
(2) Electric or gas utility companies.
(3) Companies primarily engaged:
(i) In the production of goods, including exploration and development of fuel resources,
(ii) In the provision of water, telephone, or similar services, the sale of which is normally subject to public rate regulation,
(iii) In the provision of transportation, whether or not regulated, or
(iv) In the ownership of property, including leased property and fuel reserves, for the use of associate companies.
(4) A service company that provides services exclusively to a local gas distribution company.
(5) Holding companies.
(c) To the extent that the term service company is used in this Uniform System of Accounts, it applies only to centralized service companies.

Code of Federal Regulations

[Order 684, 71 FR 65226, Nov. 7, 2006, as amended by Order 731, 74 FR 68529, Dec. 28, 2009]