§ 838g. — Schedules of rates and charges for sale of Federal power and transmission of nonFederal power; confirmation and approval; criteria for modification and establishment.
[Laws in effect as of January 24, 2002]
[Document not affected by Public Laws enacted between
January 24, 2002 and December 19, 2002]
[CITE: 16USC838g]
TITLE 16--CONSERVATION
CHAPTER 12G--PACIFIC NORTHWEST FEDERAL TRANSMISSION SYSTEM
Sec. 838g. Schedules of rates and charges for sale of Federal
power and transmission of non-Federal power; confirmation and
approval; criteria for modification and establishment
Schedules of rates and charges for the sale, including dispositions
to Federal agencies, of all electric power made available to the
Administrator pursuant to section 838f of this title or otherwise
acquired, and for the transmission of non-Federal electric power over
the Federal transmission system, shall become effective upon
confirmation and approval thereof by the Secretary of Energy. Such rate
schedules may be modified from time to time by the Secretary of Energy,
acting by and through the Administrator, subject to confirmation and
approval by the Secretary of Energy, and shall be fixed and established
(1) with a view to encouraging the widest possible diversified use of
electric power at the lowest possible rates to consumers consistent with
sound business principles, (2) having regard to the recovery (upon the
basis of the application of such rate schedules to the capacity of the
electric facilities of the projects) of the cost of producing and
transmitting such electric power, including the amortization of the
capital investment allocated to power over a reasonable period of years
and payments provided for in section 838i(b)(9) of this title, and (3)
at levels to produce such additional revenues as may be required, in the
aggregate with all other revenues of the Administrator, to pay when due
the principal of, premiums, discounts, and expenses in connection with
the issuance of and interest on all bonds issued and outstanding
pursuant to this chapter, and amounts required to establish and maintain
reserve and other funds and accounts established in connection
therewith.
(Pub. L. 93-454, Sec. 9, Oct. 18, 1974, 88 Stat. 1377; Pub. L. 95-91,
title III, Secs. 301(b), 302(a)(1)(D), Aug. 4, 1977, 91 Stat. 578.)
Transfer of Functions
``Secretary of Energy'' substituted in text for ``Secretary of the
Interior'' and ``Federal Power Commission'' pursuant to Pub. L. 95-91,
Secs. 301(b), 302(a)(1)(D), which are classified to sections 7151(b) and
7152(a)(1)(D) of Title 42, The Public Health and Welfare.
Federal Power Commission terminated and its functions, personnel,
property, funds, etc., transferred to Secretary of Energy (except for
certain functions transferred to Federal Energy Regulatory Commission)
by sections 7151(b), 7171(a), 7172(a), 7291, and 7293 of Title 42.
Functions of Secretary of the Interior with respect to Bonneville
Power Administration transferred to Secretary of Energy by section
7152(a)(1)(D), (2) of Title 42, with Bonneville Power Administration to
be preserved as a distinct organizational entity within Department of
Energy and headed by an Administrator.
Section Referred to in Other Sections
This section is referred to in section 839e of this title.
