Regulations last checked for updates: May 19, 2024

Title 18 - Conservation of Power and Water Resources last revised: Mar 08, 2024
§ 154.306 - Cash working capital.

A natural gas company that files a tariff change under this part may not receive a cash working capital adjustment to its rate base unless the company or other participant in a rate proceeding under this part demonstrates, with a fully developed and reliable lead-lag study, a net revenue receipt lag or a net expense payment lag (revenue lead). Any demonstrated net revenue receipt lag will be credited to rate base; and, any demonstrated net expense payment lag will be deducted from rate base.

source: Order 582, 60 FR 52996, Oct. 11, 1995, unless otherwise noted.
cite as: 18 CFR 154.306