16 USC § 824g - Ascertainment of cost of property and depreciation

---
identifier: "/us/usc/t16/s824g"
source: "usc"
legal_status: "official_prima_facie"
title: "16 USC § 824g - Ascertainment of cost of property and depreciation"
title_number: 16
title_name: "CONSERVATION"
section_number: "824g"
section_name: "Ascertainment of cost of property and depreciation"
chapter_number: 12
chapter_name: "FEDERAL REGULATION AND DEVELOPMENT OF POWER"
subchapter_number: "II"
subchapter_name: "REGULATION OF ELECTRIC UTILITY COMPANIES ENGAGED IN INTERSTATE COMMERCE"
positive_law: false
currency: "119-84"
last_updated: "2026-04-17"
format_version: "1.1.0"
generator: "[email protected]"
source_credit: "(June 10, 1920, ch. 285, pt. II, § 208, as added Aug. 26, 1935, ch. 687, title II, § 213, 49 Stat. 853.)"
---


# § 824g. Ascertainment of cost of property and depreciation

**(a)** **Investigation of property costs** The Commission may investigate and ascertain the actual legitimate cost of the property of every public utility, 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)** **Request for inventory and cost statements** Every public utility 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 10, 1920, ch. 285, pt. II, § 208, as added Aug. 26, 1935, ch. 687, title II, § 213, 49 Stat. 853.)