TeachMeFinance.com - explain Construction costs (of the electric power industry)
Construction costs (of the electric power industry) The term 'Construction costs (of the electric power industry)' as it applies to the area of energy can be defined as ' All direct and indirect costs incurred in acquiring and constructing electric utility plant and equipment and proportionate shares of common utility plants. Included are the cost of land and improvements, nuclear fuel and spare parts, allowance for funds used during construction, and general overheads capitalized, less the cost of acquiring plant and equipment previously operated in utility service'.
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