16 U.S.C. § 813 : US Code - Section 813: Power entering into interstate commerce; regulation of rates, charges, etc.

Search 16 U.S.C. § 813 : US Code - Section 813: Power entering into interstate commerce; regulation of rates, charges, etc.

When said power or any part thereof shall enter into interstate
or foreign commerce the rates charged and the service rendered by
any such licensee, or by any subsidiary corporation, the stock of
which is owned or controlled directly or indirectly by such
licensee, or by any person, corporation, or association purchasing
power from such licensee for sale and distribution or use in public
service shall be reasonable, nondiscriminatory, and just to the
customer and all unreasonable discriminatory and unjust rates or
services are prohibited and declared to be unlawful; and whenever
any of the States directly concerned has not provided a commission
or other authority to enforce the requirements of this section
within such State or to regulate and control the amount and
character of securities to be issued by any of such parties, or
such States are unable to agree through their properly constituted
authorities on the services to be rendered, or on the rates or
charges of payment therefor, or on the amount or character of
securities to be issued by any of said parties, jurisdiction is
conferred upon the commission, upon complaint of any person,
aggrieved, upon the request of any State concerned, or upon its own
initiative to enforce the provisions of this section, to regulate
and control so much of the services rendered, and of the rates and
charges of payment therefor as constitute interstate or foreign
commerce and to regulate the issuance of securities by the parties
included within this section, and securities issued by the licensee
subject to such regulations shall be allowed only for the bona fide
purpose of financing and conducting the business of such licensee.
The administration of the provisions of this section, so far as
applicable, shall be according to the procedure and practice in
fixing and regulating the rates, charges, and practices of railroad
companies as provided in subtitle IV of title 49, and the parties
subject to such regulation shall have the same rights of hearing,
defense, and review as said companies in such cases.
In any valuation of the property of any licensee hereunder for
purposes of rate making, no value shall be claimed by the licensee
or allowed by the commission for any project or projects under
license in excess of the value or values prescribed in section 807
of this title for the purposes of purchase by the United States,
but there shall be included the cost to such licensee of the
construction of the lock or locks or other aids of navigation and
all other capital expenditures required by the United States, and
no value shall be claimed or allowed for the rights granted by the
commission or by this chapter.