16 USC 824s - Transmission infrastructure investment

U.S Code last checked for updates: Nov 26, 2024

§ 824s.

Transmission infrastructure investment

(a)

Rulemaking requirement

(b)

Contents

The rule shall—

(1)

promote reliable and economically efficient transmission and generation of electricity by promoting capital investment in the enlargement, improvement, maintenance, and operation of all facilities for the transmission of electric energy in interstate commerce, regardless of the ownership of the facilities;

(2)

provide a return on equity that attracts new investment in transmission facilities (including related transmission technologies);

(3)

encourage deployment of transmission technologies and other measures to increase the capacity and efficiency of existing transmission facilities and improve the operation of the facilities; and

(4)

allow recovery of—

(A)

all prudently incurred costs necessary to comply with mandatory reliability standards issued pursuant to section 824o of this title; and

(B)

all prudently incurred costs related to transmission infrastructure development pursuant to section 824p of this title.

(c)

Incentives

(d)

Just and reasonable rates

(June 10, 1920, ch. 285, pt. II, § 219, as added Pub. L. 109–58, title XII, § 1241, Aug. 8, 2005, 119 Stat. 961.)

cite as: 16 USC 824s