A bill to amend section 205 of the Federal Power Act (16 U.S.C. 824D) relating to inclusion of construction work in progress in the wholesale rate base of public utilities.

Summary

Amends the Federal Power Act to require the Federal Energy Regulatory Commission to approve, upon application by a public utility and after examination of the propriety of the costs involved, the inclusion in the wholesale rate base of the costs associated with construction work in progress (defined as utility plants under construction but not yet in service which will generate or transmit electric energy) with respect to: (1) construction of pollution control facilities; or (2) conversion of oil or gas-fired facilities. Provides that public utility charges based upon costs associated with other construction work in progress shall be considered unreasonable.

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Documents

1 official file

• Introduced in Senate

  summary · EN · 16 March 1983

  Open at official source

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