A bill to amend the Federal Power Act to prohibit public utilities from increasing any rate or charge for electric energy, by means of any fuel adjustment clause in a wholesale rate schedule, in order to reflect more than 50 percent of any increased fuel cost.

Summary

Provides, under the Federal Power Act, that no public utility may increase any rate or charge for electric energy in order to reflect any increased fuel cost if such rate is calculated under a fuel adjustment clause in a wholesale rate schedule and if such clause allows more than 50 percent of the increased fuel cost to be reflected in the increased rate or charge. (Amends 16 U.S.C. 824d(d))

This text is taken from the official record. PoliticalRepo does not editorialize.

Timeline

No timeline events have been ingested for this record yet.

Votes

No vote records are attached yet.

Versions

No version snapshots stored. Document URLs remain at the source.

Documents

1 official file

• Introduced in House

  summary · EN · 14 March 1974

  Open at official source

Sponsors

No sponsors or actors listed by the source.

Related records

No cross-record relationships stored yet.