18 CFR § 342.2 - Establishing initial rates.

---
identifier: "/us/cfr/t18/s342.2"
source: "ecfr"
legal_status: "authoritative_unofficial"
title: "18 CFR § 342.2 - Establishing initial rates."
title_number: 18
title_name: "Conservation of Power and Water Resources"
section_number: "342.2"
section_name: "Establishing initial rates."
chapter_name: "FEDERAL ENERGY REGULATORY COMMISSION, DEPARTMENT OF ENERGY"
subchapter_number: "P"
subchapter_name: "REGULATIONS UNDER THE INTERSTATE COMMERCE ACT"
part_number: "342"
part_name: "OIL PIPELINE RATE METHODOLOGIES AND PROCEDURES"
positive_law: false
currency: "2026-03-24"
last_updated: "2026-03-24"
format_version: "1.1.0"
generator: "[email protected]"
authority: "5 U.S.C. 571-83; 42 U.S.C. 7101-7532; 49 U.S.C. 60502; 49 App. U.S.C. 1-85."
regulatory_source: "Order 561, 58 FR 58779, Nov. 4, 1993, unless otherwise noted."
cfr_part: "342"
---


# 342.2 Establishing initial rates.

A carrier must justify an initial rate for new service by:

(a) Filing cost, revenue, and throughput data supporting such rate as required by part 346 of this chapter; or

(b) Filing a sworn affidavit that the rate is agreed to by at least one non-affiliated person who intends to use the service in question, *provided* that if a protest to the initial rate is filed, the carrier must comply with paragraph (a) of this section.

[Order 561, 58 FR 58779, Nov. 4, 1993, as amended at 59 FR 59146, Nov. 16, 1994]