New Bookkeeping Rules Hit Rural Electric Borrowers Starting 2025
Published Date: 9/24/2025
Rule
Summary
If you borrow money from the Rural Utilities Service to run an electric utility, new accounting rules are here to make your record-keeping clearer and more consistent. These changes add new categories, remove old ones, and explain everything better, helping you stay on track. The final rules took effect July 18, 2025, so it’s time to update your books and keep things smooth!
Analyzed Economic Effects
1 provisions identified: 0 benefits, 0 costs, 1 mixed.
RUS Electric Borrowers Must Revise Accounting
If you borrow money from the Rural Utilities Service to run an electric utility, you must update your accounting records to match a new Uniform System of Accounts that took effect July 18, 2025. The rule adds new utility plant categories and new accounts, deletes obsolete accounts, and provides clarified instructions and definitions so all RUS awardees use consistent records.
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Key Dates
Department and Agencies
Related Federal Register Documents
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