What is the Federal Power Act of 1935?

The Federal Power Act of 1935 (FPA) is a United States law that regulates the sale, transmission, and use of electric energy by public utilities. The FPA was signed into law on August 26, 1935, by President Franklin D. Roosevelt. It is administered by the Federal Energy Regulatory Commission (FERC), which is responsible for setting just and reasonable rates, terms, and conditions for the sale of electric energy. The purpose of the FPA is to promote the development of a reliable and economically efficient electric power industry. Under the FPA, the interstate sale and transmission of electric energy is regulated by the Federal Energy Regulatory Commission. This ensures that consumers receive quality electric service at reasonable rates and protects consumers from unreasonable electricity rates. The FPA also sets rules for hydroelectric power projects, and it provides for the licensing of hydroelectric projects that are constructed across state lines. This can help ensure that hydropower is developed in an efficient and environmentally sound manner. Under the FPA, the Federal Energy Regulatory Commission has the authority to regulate public utilities in the state of California. This includes the setting of rates and terms for the sale, transmission, and use of electricity, as well as the conservation and efficient use of electric energy. In addition, the FPA requires public utilities to provide reliable and efficient electric service to customers, and to conduct operations in a manner that is environmentally responsible. Utilities are also required to provide public access to their records and to engage in open communication with their customers.

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What is the Federal Power Act of 1935?

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