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U.S. Code as of:
01/19/04
Section 717d. Fixing rates and charges; determination of cost of production or transportation
(a) Decreases in rates
Whenever the Commission, after a hearing had upon its own motion
or upon complaint of any State, municipality, State commission, or
gas distributing company, shall find that any rate, charge, or
classification demanded, observed, charged, or collected by any
natural-gas company in connection with any transportation or sale
of natural gas, subject to the jurisdiction of the Commission, or
that any rule, regulation, practice, or contract affecting such
rate, charge, or classification is unjust, unreasonable, unduly
discriminatory, or preferential, the Commission shall determine the
just and reasonable rate, charge, classification, rule, regulation,
practice, or contract to be thereafter observed and in force, and
shall fix the same by order: Provided, however, That the Commission
shall have no power to order any increase in any rate contained in
the currently effective schedule of such natural gas company on
file with the Commission, unless such increase is in accordance
with a new schedule filed by such natural gas company; but the
Commission may order a decrease where existing rates are unjust,
unduly discriminatory, preferential, otherwise unlawful, or are not
the lowest reasonable rates.
(b) Costs of production and transportation
The Commission upon its own motion, or upon the request of any
State commission, whenever it can do so without prejudice to the
efficient and proper conduct of its affairs, may investigate and
determine the cost of the production or transportation of natural
gas by a natural-gas company in cases where the Commission has no
authority to establish a rate governing the transportation or sale
of such natural gas.
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