18 CFR § 284.505 - Market-based rates for storage providers without a market-power determination.

---
identifier: "/us/cfr/t18/s284.505"
source: "ecfr"
legal_status: "authoritative_unofficial"
title: "18 CFR § 284.505 - Market-based rates for storage providers without a market-power determination."
title_number: 18
title_name: "Conservation of Power and Water Resources"
section_number: "284.505"
section_name: "Market-based rates for storage providers without a market-power determination."
chapter_name: "FEDERAL ENERGY REGULATORY COMMISSION, DEPARTMENT OF ENERGY"
subchapter_number: "I"
subchapter_name: "OTHER REGULATIONS UNDER THE NATURAL GAS POLICY ACT OF 1978 AND RELATED AUTHORITIES"
part_number: "284"
part_name: "CERTAIN SALES AND TRANSPORTATION OF NATURAL GAS UNDER THE NATURAL GAS POLICY ACT OF 1978 AND RELATED AUTHORITIES"
positive_law: false
currency: "2026-03-24"
last_updated: "2026-03-24"
format_version: "1.1.0"
generator: "[email protected]"
authority: "15 U.S.C. 717-717z, 3301-3432; 42 U.S.C. 7101-7352; 43 U.S.C. 1331-1356."
regulatory_source: "Order 46, 44 FR 52184, Sept. 7, 1979, unless otherwise noted."
cfr_part: "284"
---


# 284.505 Market-based rates for storage providers without a market-power determination.

(a) Any storage service provider seeking market-based rates for storage capacity, pursuant to the authority of section 4(f) of the Natural Gas Act, related to a specific facility put into service after August 8, 2005, may apply for market-based rates by complying with the following requirements:

(1) The storage service provider must demonstrate that market-based rates are in the public interest and necessary to encourage the construction of the storage capacity in the area needing storage services; and

(2) The storage service provider must provide a means of protecting customers from the potential exercise of market power.

(b) Any storage service provider seeking market-based rates for storage capacity pursuant to this section will be presumed by the Commission to have market power.