§ 2627. — Relationship to State law.
[Laws in effect as of January 24, 2002]
[Document not affected by Public Laws enacted between
January 24, 2002 and December 19, 2002]
[CITE: 16USC2627]
TITLE 16--CONSERVATION
CHAPTER 46--PUBLIC UTILITY REGULATORY POLICIES
SUBCHAPTER II--STANDARDS FOR ELECTRIC UTILITIES
Sec. 2627. Relationship to State law
(a) Revenue and rate of return
Nothing in this chapter shall authorize or require the recovery by
an electric utility of revenues, or of a rate of return, in excess of,
or less than, the amount of revenues or the rate of return determined to
be lawful under any other provision of law.
(b) State authority
Nothing in this chapter prohibits any State regulatory authority or
nonregulated electric utility from adopting, pursuant to State law, any
standard or rule affecting electric utilities which is different from
any standard established by this subchapter.
(c) Federal agencies
With respect to any electric utility which is a Federal agency, and
with respect to the Tennessee Valley Authority when it is treated as a
State regulatory authority as provided in section 2602(17) of this
title, any reference in section 2621 or 2623 of this title to State law
shall be treated as a reference to Federal law.
(Pub. L. 95-617, title I, Sec. 117, Nov. 9, 1978, 92 Stat. 3128.)
