FEDERAL · 16 U.S.C. · Chapter SUBCHAPTER II—REGULATION OF ELECTRIC UTILITY COMPANIES ENGAGED IN INTERSTATE COMMERCE

Ascertainment of cost of property and depreciation

16 U.S.C. § 824g
Title16Conservation
ChapterSUBCHAPTER II—REGULATION OF ELECTRIC UTILITY COMPANIES ENGAGED IN INTERSTATE COMMERCE

This text of 16 U.S.C. § 824g (Ascertainment of cost of property and depreciation) is published on Counsel Stack Legal Research, covering United States primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

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16 U.S.C. § 824g.

Text

(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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Source Credit

History

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

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16 U.S.C. § 824g, Counsel Stack Legal Research, https://law.counselstack.com/usc/16/824g.