§825 Accounts and Records

Summary

The rule requires every licensee and public utility to make and keep whatever accounts, records, papers, and other documents the Commission says are needed to run the law. That includes records about producing, moving, selling, or delivering electric energy, the services and facilities tied to those activities, and the money received and spent. State record rules still apply. The Commission can set account systems, group companies into classes, and decide, after notice and a hearing, where specific charges or receipts must be recorded. If the Commission questions an accounting entry, the person who made or approved it must prove it is correct. The Commission can suspend a charge or credit until it gets proof. The Commission can inspect and copy any books, maps, contracts, reports, or other records at any time. Companies must give the Commission that information and allow its agents on their property when asked. Commission staff must keep what they learn secret unless the Commission or a court says otherwise. The Commission can also order inspection of records of any person or company that controls, directly or indirectly, a licensee or public utility when those records relate to the utility’s business.