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    16 USC Sec. 838g                                             01/26/98

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    TITLE 16 - CONSERVATION


    CHAPTER 12G - PACIFIC NORTHWEST FEDERAL TRANSMISSION SYSTEM

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    Sec. 838g. Schedules of rates and charges for sale of Federal power


        and transmission of non-Federal power; confirmation and


        approval; criteria for modification and establishment

-STATUTE-


      Schedules of rates and charges for the sale, including


    dispositions to Federal agencies, of all electric power made


    available to the Administrator pursuant to section 838f of this


    title or otherwise acquired, and for the transmission of


    non-Federal electric power over the Federal transmission system,


    shall become effective upon confirmation and approval thereof by


    the Secretary of Energy. Such rate schedules may be modified from


    time to time by the Secretary of Energy, acting by and through the


    Administrator, subject to confirmation and approval by the


    Secretary of Energy, and shall be fixed and established (1) with a


    view to encouraging the widest possible diversified use of electric


    power at the lowest possible rates to consumers consistent with


    sound business principles, (2) having regard to the recovery (upon


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


    of the electric facilities of the projects) of the cost of


    producing and transmitting such electric power, including the


    amortization of the capital investment allocated to power over a


    reasonable period of years and payments provided for in section


    838i(b)(9) of this title, and (3) at levels to produce such


    additional revenues as may be required, in the aggregate with all


    other revenues of the Administrator, to pay when due the principal


    of, premiums, discounts, and expenses in connection with the


    issuance of and interest on all bonds issued and outstanding


    pursuant to this chapter, and amounts required to establish and


    maintain reserve and other funds and accounts established in


    connection therewith.

-SOURCE-


    (Pub. L. 93-454, Sec. 9, Oct. 18, 1974, 88 Stat. 1377; Pub. L.


    95-91, title III, Sec. 301(b), 302(a)(1)(D), Aug. 4, 1977, 91 Stat.


    578.)

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                           TRANSFER OF FUNCTIONS


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


    the Interior'' and ''Federal Power Commission'' pursuant to Pub. L.


    95-91, Sec. 301(b), 302(a)(1)(D), which are classified to sections


    7151(b) and 7152(a)(1)(D) 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.


      Functions of Secretary of the Interior with respect to Bonneville


    Power Administration transferred to Secretary of Energy by section


    7152(a)(1)(D), (2) of Title 42, with Bonneville Power


    Administration to be preserved as a distinct organizational entity


    within Department of Energy and headed by an Administrator.

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                   SECTION REFERRED TO IN OTHER SECTIONS


      This section is referred to in section 839e of this title.