Federal Power Act Amendments of 1979

Summary

Federal Power Act Amendments of 1979 - Amends the Federal Power Act to prohibit any new rate schedule increasing the rates of a public utility which sells electricity of a specified size from taking effect unless the Federal Power Commission has found such rate increase just and reasonable. Authorizes the Commission to order an interim rate increase pending a final order determining a just and reasonable increase. Prohibits retroactive application of any final approved rate, but requires refunds to customers if the final order is less than the interim order. Requires a hearing on the record for any increased rate if: (1) the Commission has reason to believe such increase may not be just and reasonable; or (2) the Commission receives a valid complaint in relation to the requested increase from either direct or indirect customers.

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Documents

1 official file

• Introduced in Senate

  summary · EN · 25 June 1979

  Open at official source

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