---
kind: "section"
citation: "18 C.F.R. § 284.505"
title: "18"
number: "284.505"
heading: "Market-based rates for storage providers without a market-power determination."
url: "https://uscodex.org/cfr/18/284.505"
---

# §284.505. Market-based rates for storage providers without a market-power determination.

- (a) Any storage service provider seeking market-based rates for storage capacity, pursuant to the authority of section 4(f) of the Natural Gas Act, related to a specific facility put into service after August 8, 2005, may apply for market-based rates by complying with the following requirements:
  - (1) The storage service provider must demonstrate that market-based rates are in the public interest and necessary to encourage the construction of the storage capacity in the area needing storage services; and
  - (2) The storage service provider must provide a means of protecting customers from the potential exercise of market power.
- (b) Any storage service provider seeking market-based rates for storage capacity pursuant to this section will be presumed by the Commission to have market power.

## Notes

### Source

Source: Order 678, 71 FR 36636, July 27, 2006, unless otherwise noted.

### Authority

Authority: 15 U.S.C. 717-717z, 3301-3432; 42 U.S.C. 7101-7352; 43 U.S.C. 1331-1356.

### Source

Source: Order 46, 44 FR 52184, Sept. 7, 1979, unless otherwise noted.