[Code of Federal Regulations]
[Title 18, Volume 1]
[Revised as of April 1, 2004]
From the U.S. Government Printing Office via GPO Access
[CITE: 18CFR35.31]

[Page 290-291]
 
           TITLE 18--CONSERVATION OF POWER AND WATER RESOURCES
 
  CHAPTER I--FEDERAL ENERGY REGULATORY COMMISSION, DEPARTMENT OF ENERGY
 
PART 35_FILING OF RATE SCHEDULES AND TARIFFS--Table of Contents
 
Subpart D_Procedures and Requirements for Public Utility Sales of Power 
      to Bonneville Power Administration Under Northwest Power Act
 
Sec. 35.31  Commission review.

    (a) Procedures. Filings under this subpart are subject to the 
procedures applicable to other filings under section 205 of the Federal 
Power Act, as the Commission deems appropriate.
    (b) Commission standard. With respect to any filing under this 
subpart, the Commission will detemine whether the ASC set by BPA for the 
applicable exchange period was determined in accordance with the ASC 
methodology set forth at 18 CFR 301.1. If the ASC is not in accord with 
the methodology,

[[Page 291]]

the Commission will order that BPA amend the ASC to conform with the 
methodology. If the ASC is in accord with the methodology, the rate is 
deemed just and reasonable.
    (c) Refunds and adjustments. (1) Any ASC-based rate charged by a 
public utility under this subpart pending Commission order is subject to 
refund or to adjustment that increases the ASC-based rate.
    (2) Any interest on refunds ordered by the Commission under this 
subpart is computed in accordance with 18 CFR 35.19a. Interest on any 
increase ordered by the Commission will be at the rate charged to BPA by 
the U.S. Treasury during that period, unless the Commission orders 
another interest rate.

(Approved by the Office of Management and Budget under control number 
1902-0096)

[Order 337, 48 FR 46976, Oct. 17, 1983, as amended at 49 FR 1177, Jan. 
10, 1984]