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Title 42 — The Public Health and WelfareRelease 119-73not60

§16462 Service Allocation

Title 42 › Chapter 149— NATIONAL ENERGY POLICY AND PROGRAMS › Subchapter XII— ELECTRICITY › Part D— Repeal of Public Utility Holding Company Act of 1935 › § 16462

Last updated Apr 5, 2026|Official source

Summary

Requires the Commission to review and approve how costs are divided when a related company that provides non‑power goods or management or admin services sells them to a public utility in the same holding company system, if the holding company or the state regulator asks. The review covers only costs tied to that related company and does not limit other regulator powers. public utility — the meaning in 16 U.S.C. 824(e). Within 4 months after August 8, 2005, the Commission must issue rules to exempt companies whose utility work is mostly inside one State and other transaction types it finds not relevant to utility rates.

Full Legal Text

Title 42, §16462

The Public Health and Welfare — Source: USLM XML via OLRC

(a)In this section, the term “public utility” has the meaning given the term in section 824(e) of title 16.
(b)In the case of non-power goods or administrative or management services provided by an associate company organized specifically for the purpose of providing such goods or services to any public utility in the same holding company system, at the election of the system or a State commission having jurisdiction over the public utility, the Commission, after the effective date of this part, shall review and authorize the allocation of the costs for such goods or services to the extent relevant to that associate company.
(c)Nothing in this section shall affect the authority of the Commission or a State commission under other applicable law.
(d)Not later than 4 months after August 8, 2005, the Commission shall issue rules (which rules shall be effective no earlier than the effective date of this part) to exempt from the requirements of this section any company in a holding company system whose public utility operations are confined substantially to a single State and any other class of transactions that the Commission finds is not relevant to the jurisdictional rates of a public utility.

Legislative History

Notes & Related Subsidiaries

Editorial Notes

References in Text

For the

Effective Date

of this part, referred to in subsecs. (b) and (d), see

Effective Date

note set out under section 16451 of this title.

Reference

Citations & Metadata

Citation

42 U.S.C. § 16462

Title 42 — The Public Health and Welfare

Last Updated

Apr 5, 2026

Release point: 119-73not60