Under regulatory reporting, Utility Plant in Service is stated at original cost.

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Under regulatory reporting, Utility Plant in Service is generally stated at original cost. This includes the cost of construction, installation, and all related expenses. This is done to ensure that the regulated utility company is not earning more than a fair rate of return on its investments. However, some exceptions and adjustments may be made in certain circumstances, such as for depreciation and rate case adjustments.

Under Regulatory Reporting, Utility Plant in Service Is Stated at Original