Sec.  32.5280   Nonregulated operating revenue.

   (a) This account shall include revenues derived from a nonregulated activity
   involving the common or joint use of assets or resources in the provision of
   regulated and nonregulated products or services.

   (b) This account shall be debited and regulated revenue accounts shall be
   credited at tariffed rates when tariffed services are provided to
   nonregulated activities that are accounted for as prescribed in  Sec. 32.23(c) of
   this subpart.

   (c) Separate subsidiary record categories shall be maintained for two groups
   of nonregulated revenue as follows: one subsidiary record for all revenues
   derived from regulated services treated as nonregulated for federal
   accounting purposes pursuant to Commission order and the second for all
   other revenues derived from a nonregulated activity as set forth in
   paragraph (a) of this section.

   [ 53 FR 49322 , Dec. 7, 1988, as amended at  64 FR 50008 , Sept. 15, 1999;  67 FR 5694 , Feb. 6, 2002]