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Inventory held by utilities and power companies typically includes:
  • Fuel (e.g., natural gas, coal, fuel oil) used in the production of electricity
  • Natural gas or other commodities held for sale to retail or other customers
  • Emission allowances and renewable energy credits (referred to collectively herein as environmental assets)
  • Materials and supplies
This chapter addresses certain industry issues for fuel and environmental asset inventory held by utilities and power companies, including specific considerations related to impairment. It also addresses the accounting for materials and supplies.
See ARM 3800 and 3805 for information on accounting for inventory in general.

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