OAR 150-308-0590
Allocation of Centrally Assessed Electric Company Property Value
Electric companies. The value of the Oregon portion of a unit of property used by a company operating both within and without this state in the business of distributing electricity shall be allocated to this state by multiplying the total value of the unit by a percentage, which shall be the sum of the Oregon production plant percentage, the Oregon distribution plant percentage and the Oregon other plant percentage.
# (1)
(1) The Oregon production plant percentage shall be the ratio the total original cost of the production plant of the unit bears to the total original cost of the unit times the sum of:
(a) The ratio the Oregon portion of the original cost of the production plant bears to the total unit original cost of the production plant times 75 percent;
(b) The ratio the Oregon portion of the unit's capacity to generate electricity, measured in kilowatts, bears to the unit's total capacity to generate electricity times 10 percent; plus
(c) The ratio the Oregon portion of the unit's total energy generation during the prior year, measured in megawatt hours, bears to the unit's total energy generation during the prior year times 15 percent.
# (2)
(2) The Oregon distribution plant percentage shall be the ratio the total original cost of distribution plant of the unit bears to the total original cost of the unit times the sum of:
(a) The ratio the Oregon portion of the original cost of distribution plant bears to the total unit original cost of distribution plant times 50 percent;
(b) The ratio the Oregon portion of the unit's energy production sold in the prior year, measured in kilowatt hours, bears to the unit's total energy production sold times 10 percent; plus
(c) The ratio the Oregon portion of the unit's revenue generated from the sale of energy for the prior year bears to the unit's total revenue generated from the sale of energy for the prior year times 40 percent.
# (3)
(3) The Oregon other plant percentage shall be the ratio the original cost of the remaining plant of the unit bears to the total original cost of the unit times the ratio the Oregon portion of the original cost of the remaining plant bears to the total original cost of the remaining plant of the unit.
Amendment history
Renumbered from 150-308.550(2)-(C), REV 59-2016, f. 8-13-16, cert. ef. 9-1-16
Source: view the official text
In this chapter (40 sections)
- 150-308-0390 · Agricultural Land Devoted to Agricultural Purposes;…
- 150-308-0400 · Stipulation Procedures
- 150-308-0410 · Cancellation of Personal Property Assessments
- 150-308-0420 · Exemption of Watercraft Undergoing Repairs
- 150-308-0430 · Valuation of New Construction
- 150-308-0440 · Confidentiality — Returns of Taxable Property
- 150-308-0450 · Industrial Property Returns — Incomplete Returns and…
- 150-308-0470 · County Contractors Having Access to Confidential Records
- 150-308-0480 · Confidentiality of Property Tax Information for…
- 150-308-0490 · Appraisal and Valuation of Industrial Plants
- 150-308-0500 · Confidentiality of Industrial Plant Information
- 150-308-0510 · Definition of Destroyed or Damaged
- 150-308-0520 · Valuation of Nonprofit Homes for the Elderly
- 150-308-0530 · Defining “Communication Services”
- 150-308-0540 · Assessment of Properties of Designated Utilities and…
- 150-308-0550 · Property Used for Guide Service
- 150-308-0560 · Confidentiality of Appraisals of Designated Utilities…
- 150-308-0570 · Computation of Changed Property Ratio for Centrally…
- 150-308-0580 · Allocation of Mobile Aircraft Property Value
- 150-308-0585 · Procedure for Determining Oregon Property Value for…
- 150-308-0590 · Allocation of Centrally Assessed Electric Company…
- 150-308-0592 · Defining Electrical Inspection for Community Solar
- 150-308-0595 · Allocation of Centrally Assessed Gas Distribution…
- 150-308-0600 · Allocation of Centrally Assessed Pipeline Company…
- 150-308-0605 · Allocation of Centrally Assessed Railroad Company…
- 150-308-0610 · Allocation of Centrally Assessed Communication Company…
- 150-308-0615 · Allocation of Centrally Assessed Water Transportation…
- 150-308-0660 · Unit Valuation of Centrally Assessed Properties
- 150-308-0670 · Contents of the Utility Assessment Roll
- 150-308-0680 · Contents of Department’s Journal
- 150-308-0690 · Centrally Assessed Property — Appraisal Guidelines
- 150-308-0695 · Removal of Certain Elected Exempt Property from…
- 150-308-0700 · Qualification of Property for Special Assessment as…
- 150-308-0710 · Application and Election Process for Government…
- 150-308-0720 · Special Assessment of Government Restricted Multiunit…
- 150-308-0730 · Special Assessment Disqualification Process
- 150-308-0740 · Process for Voluntary Disqualification from Special…
- 150-308-0750 · Payment of Taxes on Manufactured Structure That Allows…
- 150-308-0760 · Manufactured Structure Classified as Real or Personal…
- 150-308-0770 · Real and Personal Manufactured Dwellings to be Assessed…