Title 16 — ConservationRelease 119-73
§824g Ascertainment of cost of property and depreciation
Title 16 › Chapter CHAPTER 12— - FEDERAL REGULATION AND DEVELOPMENT OF POWER › Subchapter SUBCHAPTER II— - REGULATION OF ELECTRIC UTILITY COMPANIES ENGAGED IN INTERSTATE COMMERCE › § 824g
Summary
The Commission may inspect utility property to find the true cost, depreciation, and fair value for rate-making. Utilities must provide inventories, original costs, and updates on new spending when asked.
Full Legal Text
Title 16, §824g
Conservation — Source: USLM XML via OLRC
(a)The Commission may investigate and ascertain the actual legitimate cost of the property of every public utility, 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 public utility 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
16 U.S.C. § 824g
Title 16 — Conservation
Last Updated
Apr 6, 2026
Release point: 119-73