Energy and Utilities

This section of the guidebook is dedicated to resources and information about energy and utilities.

IU is spelled out using balloons to celebrate the first day of classes.
IU is spelled out using balloons to celebrate the first day of classes.

Understanding how to properly account for energy and utility expense is crucial. Utility expenses encompass the costs associated with essential services such as electricity, steam heating, chilled water, drinking water, sanitary sewer, and storm water. By utilizing an accrual basis of accounting, the total amount recorded as energy and utilities expense accurately reflects the actual usage of the utilities during the reporting period. Properly accounting for energy and utilities not only ensures financial transparency but also enables units at IU to effectively manage and optimize their resource consumption.

POLICIES

Review the below policy related to energy and utilities:

STANDARDS

There are no standards related to this portion of the book at this time. Please check back in the future!

A student runs past the Student Building on a snowy winter day at IU Bloomington.
A student runs past the Student Building on a snowy winter day at IU Bloomington.

CHECKLISTS

There are no checklists related to this portion of the book at this time. Please check back in the future!

TRAINING MATERIALS

There are no training materials related to this portion of the book at this time. Please check back in the future!

IU Indianapolis students participate in battleships during the week leading up to the regatta.
IU Indianapolis students participate in battleships during the week leading up to the regatta.

OTHER RELATED MATERIALS

There are no other materials related to this portion of the book at this time. Please check back in the future!

IU Financial SYSTEM REPORTS AND PROCEDURES

Review the below IU financial system reports and procedures related to energy and utilities:

Students on the way to class at IU South Bend.
Students on the way to class at IU South Bend.

License

Accounting for Expenses and Payments Copyright © by The Trustees of Indiana University. All Rights Reserved.