18 CFR 342.2 - Establishing initial rates.

Regulations last checked for updates: Nov 25, 2024

Title 18 - Conservation of Power and Water Resources last revised: Oct 23, 2024

View all text of Part 342 [§ 342.0 - § 342.4]

§ 342.2 - Establishing initial rates.

A carrier must justify an initial rate for new service by:

(a) Filing cost, revenue, and throughput data supporting such rate as required by part 346 of this chapter; or

(b) Filing a sworn affidavit that the rate is agreed to by at least one non-affiliated person who intends to use the service in question, provided that if a protest to the initial rate is filed, the carrier must comply with paragraph (a) of this section.

[Order 561, 58 FR 58779, Nov. 4, 1993, as amended at 59 FR 59146, Nov. 16, 1994]

authority: 5 U.S.C. 571-83; 42 U.S.C. 7101-7532; 49 U.S.C. 60502; 49 App. U.S.C. 1-85

source: Order 561, 58 FR 58779, Nov. 4, 1993, unless otherwise noted.

cite as: 18 CFR 342.2