-CITE-


    16 USC Sec. 832f                                             01/26/98

-EXPCITE-


    TITLE 16 - CONSERVATION


    CHAPTER 12B - BONNEVILLE PROJECT

-HEAD-


    Sec. 832f. Elements in determining rates

-STATUTE-


      It is the intent of Congress that rate schedules for the sale of


    electric energy which is or may be generated at the Bonneville


    project in excess of the amount required for operating the dam,


    locks, and appurtenant works at said project shall be determined


    with due regard to and predicated upon the fact that such electric


    energy is developed from water power created as an incident to the


    construction of the dam in the Columbia River at the Bonneville


    project for the purposes set forth in section 832 of this title.


    Rate schedules shall be drawn having regard to the recovery (upon


    the basis of the application of such rate schedules to the capacity


    of the electric facilities of Bonneville project) of the cost of


    producing and transmitting such electric energy, including the


    amortization of the capital investment over a reasonable period of


    years.  Rates schedules shall be based upon an allocation of costs


    made by the Secretary of Energy. In computing the cost of electric


    energy developed from water power created as an incident to and a


    byproduct of the construction of the Bonneville project, the


    Secretary of Energy may allocate to the costs of electric


    facilities such a share of the cost of facilities having joint


    value for the production of electric energy and other purposes as


    the power development may fairly bear as compared with such other


    purposes.

-SOURCE-


    (Aug. 20, 1937, ch. 720, Sec. 7, 50 Stat. 735; Aug. 4, 1977, Pub.


    L. 95-91, title III, Sec. 301(b), 91 Stat. 578.)

-TRANS-


                           TRANSFER OF FUNCTIONS


      ''Secretary of Energy'' substituted in text for ''Federal Power


    Commission'' pursuant to Pub. L. 95-91, Sec. 301(b), which is


    classified to section 7151(b) of Title 42, The Public Health and


    Welfare.


      Federal Power Commission terminated and its functions, personnel,


    property, funds, etc., transferred to Secretary of Energy (except


    for certain functions transferred to Federal Energy Regulatory


    Commission) by sections 7151(b), 7171(a), 7172(a), 7291, and 7293


    of Title 42.