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2026-07-06 10:51:44 -04:00

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LegalText 16 U.S.C. § 824s Transmission infrastructure investment us united_states_code code_section 16 CONSERVATION 12 FEDERAL REGULATION AND DEVELOPMENT OF POWER 824s 16 U.S.C. § 824s current 119-100 2026-06-26 official https://uscode.house.gov/download/releasepoints/us/pl/119/100/xml_usc16@119-100.zip /us/usc/t16/s824s data/legal/raw/us/code/title-16/usc16.xml 9b2c2e81e63510974250e9b9a27d05ccae870d09ada3ed374ca0c2fa4d4923b3 7be8950da5a93cac7c98e4576ce00340f2aba5e8e46d29915382c203c421d503 0e1616c42607fa3211fb25c588864feec6670115b0055bc552793f804bde6c9c 2026-07-04 official
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16 U.S.C. § 824s - Transmission infrastructure investment

Text

(a) Rulemaking requirement Not later than 1 year after August 8, 2005, the Commission shall establish, by rule, incentive-based (including performance-based) rate treatments for the transmission of electric energy in interstate commerce by public utilities for the purpose of benefitting consumers by ensuring reliability and reducing the cost of delivered power by reducing transmission congestion.

(b) Contents The rule shall—

(1) promote reliable and economically efficient transmission and generation of electricity by promoting capital investment in the enlargement, improvement, maintenance, and operation of all facilities for the transmission of electric energy in interstate commerce, regardless of the ownership of the facilities;

(2) provide a return on equity that attracts new investment in transmission facilities (including related transmission technologies);

(3) encourage deployment of transmission technologies and other measures to increase the capacity and efficiency of existing transmission facilities and improve the operation of the facilities; and

(4) allow recovery of—

(A) all prudently incurred costs necessary to comply with mandatory reliability standards issued pursuant to section 824o of this title; and

(B) all prudently incurred costs related to transmission infrastructure development pursuant to section 824p of this title.

(c) Incentives In the rule issued under this section, the Commission shall, to the extent within its jurisdiction, provide for incentives to each transmitting utility or electric utility that joins a Transmission Organization. The Commission shall ensure that any costs recoverable pursuant to this subsection may be recovered by such utility through the transmission rates charged by such utility or through the transmission rates charged by the Transmission Organization that provides transmission service to such utility.

(d) Just and reasonable rates All rates approved under the rules adopted pursuant to this section, including any revisions to the rules, are subject to the requirements of sections 824d and 824e of this title that all rates, charges, terms, and conditions be just and reasonable and not unduly discriminatory or preferential.

(June 10, 1920, ch. 285, pt. II, § 219, as added Pub. L. 10958, title XII, § 1241, Aug. 8, 2005, 119 Stat. 961.)