(a) Cost of propertyThe Commission may investigate and ascertain the actual legitimate cost of the property of every natural-gas company, the depreciation therein, and, when found necessary for rate-making purposes, other facts which bear on the determination of such cost or depreciation and the fair value of such property.
(b) Inventory of property; statements of costsEvery natural-gas company upon request shall file with the Commission an inventory of all or any part of its property and a statement of the original cost thereof, and shall keep the Commission informed regarding the cost of all additions, betterments, extensions, and new construction.
Structure US Code
§ 717. Regulation of natural gas companies
§ 717b. Exportation or importation of natural gas; LNG terminals
§ 717b–1. State and local safety considerations
§ 717c–1. Prohibition on market manipulation
§ 717d. Fixing rates and charges; determination of cost of production or transportation
§ 717e. Ascertainment of cost of property
§ 717f. Construction, extension, or abandonment of facilities
§ 717g. Accounts; records; memoranda
§ 717i. Periodic and special reports
§ 717j. State compacts for conservation, transportation, etc., of natural gas
§ 717k. Officials dealing in securities
§ 717m. Investigations by Commission
§ 717n. Process coordination; hearings; rules of procedure
§ 717o. Administrative powers of Commission; rules, regulations, and orders
§ 717q. Appointment of officers and employees
§ 717s. Enforcement of chapter
§ 717t–1. Civil penalty authority
§ 717t–2. Natural gas market transparency rules
§ 717u. Jurisdiction of offenses; enforcement of liabilities and duties
§ 717y. Voluntary conversion of natural gas users to heavy fuel oil
§ 717z. Emergency conversion of utilities and other facilities