16 U.S.C. § 835j : US Code - Section 835J: Projects marketing commercial power and energy; consolidated financial statement to President and Congress; adjustment of rates to assure return of reimbursable construction costs within prescribed period

Search 16 U.S.C. § 835j : US Code - Section 835J: Projects marketing commercial power and energy; consolidated financial statement to President and Congress; adjustment of rates to assure return of reimbursable construction costs within prescribed period

The Secretary of the Interior shall prepare, maintain, and
present annually to the President and the Congress a consolidated
financial statement for all projects heretofore or hereafter
authorized, including the third powerplant at Grand Coulee Dam,
from or by means of which commercial power and energy is marketed
through the facilities of the Federal Columbia River power system
and for all other projects associated therewith to the extent that
the costs of these projects are required by law to be charged to
and returned from net revenues derived from the power and energy,
or any power and energy, so marketed, and he shall, if said
consolidated statement indicates that the reimbursable construction
costs of the projects, or any of the projects, covered thereby
which are chargeable to and returnable from the commercial power
and energy so marketed are likely not to be returned within the
period prescribed by law, take prompt action to adjust the rates
charged for such power and energy to the extent necessary to assure
such return.