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16 U.S.C. § 832fElements in determining rates

submitted 89 years ago by ch. 720 to r/title-16-CONSERVATION · 233 words · no verdicts yet

in plain englishAI-generated · not legal advice

This section directs that Bonneville rate schedules account for the source and costs of power beyond what is needed to operate the dam, locks, and related works. Rates must seek recovery of production, transmission, and capital costs based on an allocation made by the Secretary of Energy.

Congress intends that rates for electricity generated or potentially generated at Bonneville beyond the amount needed to operate the dam, locks, and related works must account for the fact that the power comes from water power created as an incident of building the dam on the Columbia River. That dam was built for the purposes stated in section 832 of this title. The rate schedules must be designed, using the capacity of Bonneville’s electric facilities, to recover the cost of producing and transmitting the electricity. They must also account for paying back the capital investment over a reasonable number of years. The Secretary of Energy must allocate the costs on which the rate schedules are based. When calculating the cost of electricity developed from the incidental, byproduct water power, the Secretary may assign to the electric facilities a share of the cost of facilities that have joint value for producing electricity and serving other purposes. The assigned share may be no more than the share the power development can fairly bear compared with those other purposes.
the actual law source: uscode.house.gov ↗public domain

It is the intent of Congress that rate schedules for the sale of electric energy which is or may be generated at the Bonneville project in excess of the amount required for operating the dam, locks, and appurtenant works at said project shall be determined with due regard to and predicated upon the fact that such electric energy is developed from water power created as an incident to the construction of the dam in the Columbia River at the Bonneville project for the purposes set forth in section 832 of this title. Rate schedules shall be drawn having regard to the recovery (upon the basis of the application of such rate schedules to the capacity of the electric facilities of Bonneville project) of the cost of producing and transmitting such electric energy, including the amortization of the capital investment over a reasonable period of years. Rate schedules shall be based upon an allocation of costs made by the Secretary of Energy. In computing the cost of electric energy developed from water power created as an incident to and a byproduct of the construction of the Bonneville project, the Secretary of Energy may allocate to the costs of electric facilities such a share of the cost of facilities having joint value for the production of electric energy and other purposes as the power development may fairly bear as compared with such other purposes.

Source credit: (Aug. 20, 1937, ch. 720, § 7, 50 Stat. 735; Pub. L. 95–91, title III, § 301(b), Aug. 4, 1977, 91 Stat. 578.)

history & why it existsrecord from the source credit
  • 1937Enacted · Act of Aug. 20, 1937, ch. 720 · 50 Stat. 735
  • 1977Amended · Pub. L. 95-91 · 91 Stat. 578

A history note hasn’t been published yet. The record shows enactment by ch. 720 on 1937-08-20.

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