Title 15, Commerce and TradeRelease 119-110
§717e Ascertainment of Cost of Property
Title 15 › CHAPTER 15B — NATURAL GAS › § 717e
Summary
Commission may find the real cost, loss in value, and other facts about property owned by every natural‑gas company to help set rates and determine fair value. If asked, a company must file an inventory, give the original cost, and report costs of additions or new construction.
Full Legal Text
Title 15, §717e
Commerce and Trade, Source: USLM XML via OLRC
(a)Cost of property
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)Inventory of property; statements of costs
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
Sep 22, 2026
Release point: 119-110