42 U.S.C. § 7178: Federal Energy Regulatory…

Summary

The Federal Energy Regulatory Commission must collect fees and yearly charges each fiscal year, starting in fiscal year 1987, that cover all of its costs for that year. The Commission will set fair and reasonable rules for how to figure those fees. It may use estimates when it needs to. Fees must be paid by the end of the fiscal year they cover. After the year ends, the Commission must correct any over- or under-collection and any over- or under-charging of people. All money goes to the Treasury’s general fund. The Commission can waive fees for good cause. This does not change the rules in sections 803(e) and 823a(e) of title 16.

Title 42, §7178

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(a)In general

(1)Except as provided in paragraph (2) and beginning in fiscal year 1987 and in each fiscal year thereafter, the Federal Energy Regulatory Commission shall, using the provisions of this section and authority provided by other laws, assess and collect fees and annual charges in any fiscal year in amounts equal to all of the costs incurred by the Commission in that fiscal year.

(2)The provisions of this section shall not affect the authority, requirements, exceptions, or limitations in section 803(e) and 823a(e) of title 16.

(b)Basis for assessments

The fees or annual charges assessed shall be computed on the basis of methods that the Commission determines, by rule, to be fair and equitable.

(c)Estimates

The Commission may assess fees and charges under this section by making estimates based on data available to the Commission at the time of assessment.

(d)Time of payment

The Commission shall provide that the fees and charges assessed under this section shall be paid by the end of the fiscal year for which they were assessed.

(e)Adjustments

The Commission shall, after the completion of a fiscal year, make such adjustments in the assessments for such fiscal year as may be necessary to eliminate any overrecovery or underrecovery of its total costs, and any overcharging or undercharging of any person.

(f)Use of funds

All moneys received under this section shall be credited to the general fund of the Treasury.

(g)Waiver

The Commission may waive all or part of any fee or annual charge assessed under this section for good cause shown.

Editorial Notes

Codification Section was enacted as part of the Omnibus Budget Reconciliation Act of 1986, and not as part of the Department of Energy Organization Act which comprises this chapter.

§7178 Federal Energy Regulatory Commission Fees and Annual Charges

Summary

Title 42, §7178

Notes & Related Subsidiaries

Editorial Notes

Citations & Metadata