Federal Power Commission Reports, Volume 15Federal Power Commission, 1957 Contains all the formal opinions and accompanying orders of the Federal Power Commission ... In addition to the formal opinions, there have been included intermediate decisions which have become final and selected orders of the Commission issued during such period. |
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Common terms and phrases
above-described land amended applicant's authorized c. f. per day cents certificate of public Cities Service Commission finds Commission orders Commission's rules construction and operation contract convenience and necessity cost customers December December 31 Delaware corporation delivery depreciation docket effective Electric estimated F. P. C. gas rate facilities Federal Power Act Federal Power Commission filed gas in interstate gas rate schedule hereby hereinbefore described horsepower increase intermediate decision procedure interstate commerce jurisdiction Lands withdrawn license Louisiana Natural Gas Act natural-gas company order issued Panhandle paragraph Penelec Phillips Petroleum Co pipeline plant power site reserve practice and procedure preferred stock presiding examiner procedure 18 C. F. R. proceeding proposed issuance public convenience pursuant to section requirements respect rules of practice sale of natural section 24 Southern Natural Gas staff counsel supplement Tennessee terms and conditions Texas Eastern Texas Illinois thereof tion United Fuel Wisconsin withdrawn in power
Popular passages
Page 806 - Act shall apply to the transportation of natural gas in interstate commerce, to the sale in interstate commerce of natural gas for resale for ultimate public consumption...
Page 959 - Depreciation", as applied to depreciable electric plant, means the loss in service value not restored by current maintenance, Incurred in connection with the consumption or prospective retirement of...
Page 969 - More liberal depreciation allowances are anticipated to have far-reaching economic effects. The incentives resulting from the changes are well timed to help maintain the present high level of investment in plant and equipment. The acceleration in the speed of the tax-free recovery of costs is of critical importance in the decision of management to incur risk. The faster tax write off would increase available working capital and materially aid growing businesses in the financing of their expansion.
Page 956 - General Rule. — There shall be allowed as a depreciation deduction a reasonable allowance for the exhaustion, wear and tear (including a reasonable allowance for obsolescence) — (1) of property used in the trade or business, or (2) of property held for the production of income.
Page 956 - Secretary or his delegate, under any of the following methods: (1) the straight line method, (2) the declining balance method, using a rate not exceeding twice the rate which would have been used had the annual allowance been computed under the method described in paragraph (1).
Page 811 - Commission that the available supply of natural gas is depleted to the extent that the continuance of service is unwarranted, or that the present or future public convenience or necessity permit such abandonment...
Page 956 - Rates. — raragraphs (2), (3), and (4) of subsection (b) shall apply only in the case of property (other than intangible property) described in subsection (a) with a useful life of 3 years or more — (1) the construction, reconstruction, or erection of which is completed after December 31, 1953...
Page 866 - ... is without prejudice to any findings or orders which have been or may hereafter be made by the Commission in any proceeding now pending or hereafter instituted by or against your company.
Page 960 - A reasonable allowance for the exhaustion, wear and tear of property used in the trade or business, including a reasonable allowance for obsolescence.
Page 956 - ... any other consistent method productive of an annual allowance which, when added to all allowances for the period commencing with the taxpayer's use of the property and including the...