FEDERAL · 16 U.S.C. · Chapter 12

Ascertainment of cost of property and depreciation

Current through Pub. L. 119-102
Title 16Conservation·Ch. 12 — FEDERAL REGULATION AND DEVELOPMENT OF POWER·Subch. II
(a)Investigation of property costs The Commission may investigate and ascertain the actual legitimate cost of the property of every public utility, the depreciation therein, and, when found necessary for rate-making purposes, other facts which bear on the determination of such cost or depreciation, and the fair value of such property.
(b)Request for inventory and cost statements Every public utility upon request shall file with the Commission an inventory of all or any part of its property and a statement of the original cost thereof, and shall keep the Commission informed regarding the cost of all additions, betterments, extensions, and new construction.

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16 U.S.C. § 824g (Ascertainment of cost of property and depreciation) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

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Source Credit

History

(June 10, 1920, ch. 285, pt. II, §208, as added Aug. 26, 1935, ch. 687, title II, §213, 49 Stat. 853.)