Code of Federal Regulations · Section
§ 342.2 — Establishing Initial Rates
18 C.F.R. § 342.2
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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.
Authorizing Statute
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Federal Energy Regulatory Commission49 U.S.C. § 60502