16 U.S.C. § 812 : US Code - Section 812: Public-service licensee; regulations by State or by commission as to service, rates, charges, etc.

Search 16 U.S.C. § 812 : US Code - Section 812: Public-service licensee; regulations by State or by commission as to service, rates, charges, etc.

As a condition of the license, every licensee under this chapter
which is a public-service corporation, or a person, association, or
corporation owning or operating any project and developing,
transmitting, or distributing power for sale or use in public
service, shall abide by such reasonable regulation of the services
to be rendered to customers or consumers of power, and of rates and
charges of payment therefor, as may from time to time be prescribed
by any duly constituted agency of the State in which the service is
rendered or the rate charged. That in case of the development,
transmission, or distribution, or use in public service of power by
any licensee under this chapter or by its customer engaged in
public service within a State which has not authorized and
empowered a commission or other agency or agencies within said
State to regulate and control the services to be rendered by such
licensee or by its customer engaged in public service, or the rates
and charges of payment therefor, or the amount or character of
securities to be issued by any of said parties, it is agreed as a
condition of such license that jurisdiction is conferred upon the
commission, upon complaint of any person aggrieved or upon its own
initiative, to exercise such regulation and control until such time
as the State shall have provided a commission or other authority
for such regulation and control: Provided, That the jurisdiction of
the commission shall cease and determine as to each specific matter
of regulation and control prescribed in this section as soon as the
State shall have provided a commission or other authority for the
regulation and control of that specific matter.