Title 15 — Commerce and TradeRelease 119-73
§717e Ascertainment of cost of property
Title 15 › Chapter CHAPTER 15B— - NATURAL GAS › § 717e
Summary
The Commission can find the real cost and loss in value of a natural-gas company's property and any other facts needed to set rates or decide fair value; companies must provide an inventory and original costs on request and report costs of additions or new construction.
Full Legal Text
Title 15, §717e
Commerce and Trade — Source: USLM XML via OLRC
(a)The Commission may investigate and ascertain the actual legitimate cost of the property of every natural-gas company, the depreciation therein, and, when found necessary for rate-making purposes, other facts which bear on the determination of such cost or depreciation and the fair value of such property.
(b)Every natural-gas company upon request shall file with the Commission an inventory of all or any part of its property and a statement of the original cost thereof, and shall keep the Commission informed regarding the cost of all additions, betterments, extensions, and new construction.
Reference
Citations & Metadata
Citation
15 U.S.C. § 717e
Title 15 — Commerce and Trade
Last Updated
Apr 6, 2026
Release point: 119-73