
From the U.S. Code Online via GPO Access
[wais.access.gpo.gov]
[Laws in effect as of January 2, 2001]
[Document not affected by Public Laws enacted between
  January 2, 2001 and January 28, 2002]
[CITE: 16USC2627]

 
                         TITLE 16--CONSERVATION
 
             CHAPTER 46--PUBLIC UTILITY REGULATORY POLICIES
 
             SUBCHAPTER II--STANDARDS FOR ELECTRIC UTILITIES
 
Sec. 2627. Relationship to State law


(a) Revenue and rate of return

    Nothing in this chapter shall authorize or require the recovery by 
an electric utility of revenues, or of a rate of return, in excess of, 
or less than, the amount of revenues or the rate of return determined to 
be lawful under any other provision of law.

(b) State authority

    Nothing in this chapter prohibits any State regulatory authority or 
nonregulated electric utility from adopting, pursuant to State law, any 
standard or rule affecting electric utilities which is different from 
any standard established by this subchapter.

(c) Federal agencies

    With respect to any electric utility which is a Federal agency, and 
with respect to the Tennessee Valley Authority when it is treated as a 
State regulatory authority as provided in section 2602(17) of this 
title, any reference in section 2621 or 2623 of this title to State law 
shall be treated as a reference to Federal law.

(Pub. L. 95-617, title I, Sec. 117, Nov. 9, 1978, 92 Stat. 3128.)
