Search Results for keywords:"Rental fee calculation"

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Search Results: keywords:"Rental fee calculation"

  • Type:Rule
    Citation:90 FR 9387
    Reading Time:about 2 minutes

    The Federal Energy Regulatory Commission (FERC), part of the Department of Energy, has issued a final rule to update the fee schedule for using government lands by hydropower licensees. This update lists the per-acre rental fees by county for fiscal year 2025, which runs from October 1, 2024, to September 30, 2025, and will take effect on February 12, 2025. The rule simply updates existing fees as part of routine adjustments and does not significantly impact the rights or obligations of individuals or organizations outside the agency.

    Simple Explanation

    The U.S. government is making sure that people who use its land to make electricity from water pay the right amount each year. This update tells them how much they need to pay for the year, just like how rent sometimes goes up or down each year.