Title 42 — The Public Health and Welfare
Part D · Chapter 149 — National Energy Policy and Programs
§ 16462. Service allocation
Statutory text
Definition of public utility
In this section, the term “public utility” has the meaning given the term in section 824(e) of title 16.
FERC review
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.
Effect on Federal and State law
Nothing in this section shall affect the authority of the Commission or a State commission under other applicable law.
Rules
Not later than 4 months after , 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
Reconstructed from this section’s Code source credit and amendment notes, resolved against the local Statutes at Large. Editorial notes are evidence, not the law that made the change.
Public Utility Holding Company Act of 2005
Pub. L. 109–58 title XII § 1275 · 119 Stat. 594
Enacted · 42 U.S.C. § 16462
(Pub. L. 109–58, title XII, § 1275, Aug. 8, 2005, 119 Stat. 977.)
Source evidence
Code source credit
(Pub. L. 109–58, title XII, § 1275, Aug. 8, 2005, 119 Stat. 977.)Enacted provision · exact public law section
SEC. 1275. SERVICE ALLOCATION. (a) Definition of Public Utility.— In this section, the term “public utility” has the meaning given the term in section 201(e) of the Federal Power Act (16 U.S.C. 824(e)). (b) FERC Review.— 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 subtitle, shall review and authorize the allocation of the costs for such goods or services to the extent relevant to that associate company. (c) Effect on Federal and State Law.— Nothing in this section shall affect the authority of the Commission or a State commission under other applicable law. (d) Rules.— Not later than 4 months after the date of enactment of this Act, the Commission shall issue rules (which rules shall be effective no earlier than the effective date of this subtitle) 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.
1 of 1 references resolved to an enrolled provision
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.