15USC717d

15ucs717d.pdf

FERC-542, Gas Pipeline Rates: Rate Tracking

15USC717d

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15 USC 717d: Fixing rates and charges; determination of cost of production or transportation
Text contains those laws in effect on February 24, 2016
From Title 15-COMMERCE AND TRADE
CHAPTER 15B-NATURAL GAS
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§717d. Fixing rates and charges; determination of cost of production or
transportation
(a) Decreases in rates
Whenever the Commission, after a hearing had upon its own motion or upon complaint of any State,
municipality, State commission, or gas distributing company, shall find that any rate, charge, or classification
demanded, observed, charged, or collected by any natural-gas company in connection with any
transportation or sale of natural gas, subject to the jurisdiction of the Commission, or that any rule,
regulation, practice, or contract affecting such rate, charge, or classification is unjust, unreasonable, unduly
discriminatory, or preferential, the Commission shall determine the just and reasonable rate, charge,
classification, rule, regulation, practice, or contract to be thereafter observed and in force, and shall fix the
same by order: Provided, however, That the Commission shall have no power to order any increase in any
rate contained in the currently effective schedule of such natural gas company on file with the Commission,
unless such increase is in accordance with a new schedule filed by such natural gas company; but the
Commission may order a decrease where existing rates are unjust, unduly discriminatory, preferential,
otherwise unlawful, or are not the lowest reasonable rates.
(b) Costs of production and transportation
The Commission upon its own motion, or upon the request of any State commission, whenever it can do
so without prejudice to the efficient and proper conduct of its affairs, may investigate and determine the cost
of the production or transportation of natural gas by a natural-gas company in cases where the Commission
has no authority to establish a rate governing the transportation or sale of such natural gas.
(June 21, 1938, ch. 556, §5, 52 Stat. 823 .)

http://uscode.house.gov/view.xhtml?hl=false&edition=prelim&path=&req=granuleid%3A... 2/25/2016


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