{"data":{"id":"us/18-cfr-154.306","jurisdiction":"us","citation":"18 CFR 154.306","heading":"Cash working capital.","body":"A natural gas company that files a tariff change under this part may not receive a cash working capital adjustment to its rate base unless the company or other participant in a rate proceeding under this part demonstrates, with a fully developed and reliable lead-lag study, a net revenue receipt lag or a net expense payment lag (revenue lead). Any demonstrated net revenue receipt lag will be credited to rate base; and, any demonstrated net expense payment lag will be deducted from rate base.","path":["Title 18—Conservation of Power and Water Resources","CHAPTER I—FEDERAL ENERGY REGULATORY COMMISSION, DEPARTMENT OF ENERGY","SUBCHAPTER E—REGULATIONS UNDER NATURAL GAS ACT","PART 154—RATE SCHEDULES AND TARIFFS","Subpart D—Material To Be Filed With Changes"],"source_url":"https://www.ecfr.gov/api/versioner/v1/full/2026-08-25/title-18.xml","current_through":"2026-08-25","vintage":"","retrieved_at":"2026-08-27T02:24:34Z","sha256":"5245c7367e7fea030043d28c2f67eddb87b530a4630d819e120c9731c2e39e02","source_id":"us-cfr","stale":true,"prev":"us/18-cfr-154.305","next":"us/18-cfr-154.307"},"notice":"GroundRules: Original legal text. Not legal advice."}