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Co-Authored-By: Claude Opus 4.8 <noreply@anthropic.com>
2026-07-06 10:51:44 -04:00

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LegalText 42 U.S.C. § 16462 Service allocation us united_states_code code_section 42 THE PUBLIC HEALTH AND WELFARE 149 NATIONAL ENERGY POLICY AND PROGRAMS 16462 42 U.S.C. § 16462 current 119-100 2026-06-26 official https://uscode.house.gov/download/releasepoints/us/pl/119/100/xml_usc42@119-100.zip /us/usc/t42/s16462 data/legal/raw/us/code/title-42/usc42.xml b5d9e9d1bdc105f218b2142a79ec3fc70d73ed28ec2fcf3dd67a9bf2a6992b31 644321055a08eb1f260a6a3e31ac157fa024756abf612a9fd6857e7e400cf24e f60da418c7ae2488c4244a2509e13536bb6739b51ea0baea54be6cbe323e5cac 2026-07-04 official
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42 U.S.C. § 16462 - Service allocation

Text

(a) Definition of public utility In this section, the term “public utility” has the meaning given the term in section 824(e) of title 16.

(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 part, 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 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.

(Pub. L. 10958, title XII, § 1275, Aug. 8, 2005, 119 Stat. 977.)

Notes

Editorial Notes

References in TextFor 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.