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CWIP |
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Prohibits net-of-tax accounting and reporting (reduction of carrying amounts for related tax benefits) on construction work in progress ( 8 percent including significant investments in growth projects and construction work in progress; excluding investments in growth and construction work in progress, ROC is 14. The revision in Mon Power's Outlook revised to Stable from Negative reflects the West Virginia Public Service Commission order that the expenditures greater than the $450 million tariff bond securitization may be requested to be recovered in a future base rate proceeding and collected through construction work in progress (CWIP) starting as early as in 2009. |
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