AFUDC definition

AFUDC means allowance for funds used during construction.

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AFUDC means allowance for funds used during construction and represents the cost of financing regulated construction projects and is capitalized to the cost of property, plant and equipment, where permitted by the regulator;

AFUDC means the allowance for funds used during construction of a plant calculated according to regulatory accounting principles.

Examples of AFUDC in a sentence

AFUDC on that part of the cost of the plant which is incomplete may be continued as a charge to construction until such time as it is placed in operation or is ready for service, except as otherwise limited in this provision.
No AFUDC charges will be included upon expenditures for construction projects that have been abandoned.
When only a part of plant or project is placed in operation or is completed and ready for service but the construction work as a whole is incomplete, that part of the cost of the property placed in operation or ready for service will be treated as investment in Wexpro and AFUDC thereon as a charge to construction will cease.
Where a well is deemed to be a commercial well, the accumulated AFUDC for that well will be added to the investment of Wexpro along with the capital invested in the well.
To accommodate the interests related to diverse 19 issues, the Parties acknowledge that changes, concessions, or compromises by any Party in one 17 Direct costs do not reflect indirect costs such as company overhead and AFUDC.

More Definitions of AFUDC

AFUDC means the cost of both the debt and equity funds used to finance utility plant additions during the construction period for such additions, determined in accordance with GAAP.

AFUDC means Owner’s allowance for funds used during construction of the Northern Pass Transmission Line, as calculated in accordance with FERC’s Uniform System of Accounts.

AFUDC means an allowance for funds used during construction.

AFUDC refers to an Allowance for Funds Used During Construction, recognizing the cost to IID of financing the development, design, permitting, engineering, procurement, and construction of the S-Line Upgrade Project and, if completed prior to the Effective Date, the El Centro Upgrade Project.

AFUDC means allowance for funds used during construction and has the meaning set forth in 18 CFR § 101, Electric Plant Instructions § 17 (2014), as amended from time-to-time.

AFUDC means the Allowance for Funds Used During Construction rate computed in accordance with the formula prescribed in the Code of Federal Regulations Title 18 Part 101.

AFUDC means the allowance referenced in Paragraph 4(b)(ii) hereof.