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AFUDC

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AcronymDefinition
AFUDCAllowance for Funds Used During Construction
AFUDCAccumulated Funds Used During Construction


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Adjusting the data for AFUDC and converting them to "overnight costs"(2) should divorce any time penalty associated with abnormally long construction durations.
109 requires AFUDC to be reported on a before-tax basis.
A utility-accounting item known as AFUDC - allowance for funds used during construction - allowed CP&L to begin earning money on its investment while the Harris plant was still under construction.
 
 
 
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