Free Power and Utilities Accounting and Finance Tools
Tools to evaluate and enhance your accounting and finance business processes
FERC Accounting Construction Overhead Loading Worksheet
Overhead loadings can be greater than the cost of materials or labor on an electric project. This FERC Accounting construction overhead loading calculation worksheet provides the best-practice inputs into calculating the key overheads for electric construction:
Labor
Materials management (stores)
Equipment
The Allowance for Funds Used During Construction (AFUDC)
The worksheet includes sample journal entries for setting up and recording each overhead type. Making sure that projects record the full cost of construction, including overheads, is necessary for equitable ratemaking. Use this to evaluate best-practices against your organization’s loading.
Electric pole repair and construction