Number: RS20774 Title: AUTHORITY OF THE FEDERAL ENERGY REGULATORY COMMISSION TO FIX ELECTRICITY RATES AND CHARGES AND TO REQUIRE REFUND PAYMENTS BY A PUBLIC UTILITY Authors: Michael V. Seitzinger, American Law Division Abstract: Sections 205 and 206 of the Federal Power Act concern rates and charges collected by a public utility in transmitting or selling electric energy in interstate commerce. These rates and charges are required to be just and reasonable. States retain jurisdiction over facilities for generation, distribution, or transmission of electric energy in intrastate commerce. Pages: 5 Date: Updated January 9, 2001