AFUDC is Accumulated Funds Used During Construction or Allowance for Funds Used During Construction.
GRANDFATHERED INVESTMENTS are Municipal bonds and equities acquired on or before August 7,1986, the effective date of changes in tax rates caused by the Tax Reform Act of 1986. These investments are not subject to the 5.1 % property-casualty insurance company proration tax.
DURATION DRIVERS represent the amount of time required to perform an activity.
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