Source: https://collections.lib.utah.edu/details?id=1138670
Timestamp: 2019-04-20 20:49:18+00:00

Document:
288 utility's ability to render adequate service to its customers.174 Also included are requirements for temporary emergency interconnection of facilities.175 Moreover, the provisions added in 1935 extend a number of other regulatory requirements to electric companies coming within the Act's definition of a "public utility." These include such matters as regulation of rates,176 issuance of securities and assumption of liabilities,177 furnishing of adequate service,178 ascertainment of cost of property,179 and cooperation with states.180 Certain of the procedural and administrative provisions also should be mentioned. For example, authority is conferred upon the Commission whereby it has established its Uniform System of Accounts Prescribed for Licensees and Public Utili- ties.181 Likewise, it is authorized to fix proper and adequate rates of depreciation of the several classes of property of li- censees and public utilities.182' In specified circumstances, the Act prohibits officials from dealing in securities and makes interlocking directorates unlawful.183 In considering both nonfederal and federal development of power, significance attaches to another provision of the 1935 legislation. All agencies of the United States engaged in the generation and sale of electric energy for ultimate distribution to the public, as to facilities used and energy sold, are required to comply with the accounting provisions and regulations issued 174 u. 175§202(c), (d), 49 Stat. 849,16U. S. O. 824a(c), (d). 17a § 205, 49 Stat. 851, 16 U. S. C. 824d, and § 206, 49 Stat. 852, 16 U. S. 0. 824e. 177 § 204, 49 Stat. 850,16 U. S. C. 824c. 178 § 207, 49 Stat. 853,16 U. S. 0. 824f. 179 § 208, 49 Stat. 853,16 U. S. C. 824g. 180 § 209, 49 Stat. 853,16 U. S. C. 824h. 181 § 301 (a), 49 Stat. 854,16U. S. C. 825; § 304(a), 49 Stat. 855,16 U. S. C. 825c(a) ; § 309, 49 Stat. 858,16 U. S. 0. 825h; § 3, 41 Stat. 1063, as amended, 16 U. S. C. 796(13) ; § 4(b), 49 Stat. 838, 16 U. S. C. 797(b). Originally be- fore amendment designated § 4(a), 41 Stat. 1065. See also § 208, 49 Stat. 853, 16 U. S. 0. 824g; § 302, 49 Stat. 855, 16 U. S. 0. 825a. For the uniform system, see 18 0. F. R. 101.00-1 et seq. 182 § 302(a), 49 Stat. 855,16 U. S. C. 825 (a). 188 § 305, 49 Stat. 856,16 U. S. O. 825 (d).

References: § 205
 § 206
 § 204
 § 207
 § 208
 § 209
 § 301
 § 304
 § 309
 § 3
 § 4
 § 4
 § 208
 § 302
 § 302
 § 305