A comprehensive overview of cost recovery mechanisms used by utilities to recoup investments in energy efficiency and infrastructure. Includes historical context, types, key events, explanations, and importance.
A comprehensive look at the Accelerated Cost Recovery System (ACRS), including its principles, applications, historical development, and its modification into the Modified Accelerated Cost Recovery System (MACRS).
Depletion is the process whereby the cost or other basis of a natural resource, such as a coal interest, is recovered upon the extraction and sale of the deposit. There are two primary methods for determining the depletion allowance: cost and percentage.
Useful Life refers to the period of time over which a depreciable asset is expected to provide a competitive return. In contrast, the Modified Accelerated Cost Recovery System allows for tax deductions on depreciable lives that may not correspond to the useful life of the property.
