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16 U.S.C. § 833eFactors in determining rate schedules

submitted 88 years ago by ch. 250 to r/title-16-CONSERVATION · 235 words · no verdicts yet

in plain englishAI-generated · not legal advice

Fort Peck rates must consider that the electricity comes from water power created as a byproduct of the dam. Rates must seek recovery of production and transmission costs based on a Secretary-approved allocation.

Congress intends that rates for Fort Peck electricity beyond the amount needed to operate the dam and related works must recognize that the electricity comes from water power created by construction of the Missouri River dam. Rates must seek recovery of production and transmission costs, including repayment of capital investment over a reasonable period, based on the project’s electric capacity. The Secretary of Energy allocates the costs. The Secretary may assign electric facilities a fair share of joint-purpose facility costs, considering the power purpose compared with the 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 Fort Peck project in excess of the amount required for operating the dam 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 Missouri River at the Fort Peck project for the purposes set forth in section 833 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 Fort Peck 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 Fort Peck 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: (May 18, 1938, ch. 250, § 6, 52 Stat. 405; Pub. L. 95–91, title III, § 301(b), Aug. 4, 1977, 91 Stat. 578.)

history & why it existsrecord from the source credit
  • 1938Enacted · Act of May 18, 1938, ch. 250 · 52 Stat. 405
  • 1977Amended · Pub. L. 95-91 · 91 Stat. 578

A history note hasn’t been published yet. The record shows enactment by ch. 250 on 1938-05-18.

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