15 USC § 717e - Ascertainment of cost of property

---
identifier: "/us/usc/t15/s717e"
source: "usc"
legal_status: "official_prima_facie"
title: "15 USC § 717e - Ascertainment of cost of property"
title_number: 15
title_name: "COMMERCE AND TRADE"
section_number: "717e"
section_name: "Ascertainment of cost of property"
chapter_number: 15
chapter_name: "NATURAL GAS"
positive_law: false
currency: "119-84"
last_updated: "2026-04-17"
format_version: "1.1.0"
generator: "[email protected]"
source_credit: "(June 21, 1938, ch. 556, § 6, 52 Stat. 824.)"
---


# § 717e. Ascertainment of cost of property

**(a)** **Cost of property** The Commission may investigate and ascertain the actual legitimate cost of the property of every natural-gas company, the depreciation therein, and, when found necessary for rate-making purposes, other facts which bear on the determination of such cost or depreciation and the fair value of such property.

**(b)** **Inventory of property; statements of costs** Every natural-gas company upon request shall file with the Commission an inventory of all or any part of its property and a statement of the original cost thereof, and shall keep the Commission informed regarding the cost of all additions, betterments, extensions, and new construction.

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**Source Credit**: (June 21, 1938, ch. 556, § 6, 52 Stat. 824.)