Prior to enactment of the Act, universal service had been funded through implicit subsidies, levied as above-cost business rates, urban rates, and above-cost rates for the access charges that long distance carriers paid as intercarrier compensation to local telephone companies for originating and terminating their subscribers long-distance calls.
32.
Amendments made by the Reclamation Reform Act of 1982 ( P . L . 97-293 ) eliminated the residency requirement provisions of reclamation law, raised the acreage limitation on lands irrigated with water supplied by the Bureau of Reclamation, and established and required full-cost rates for land receiving water above the acreage limit.
33.
In 2008, Florida adopted a net metering rule that allows any electric utility customer generating up to 2 MW ( 2, 000 kW ) of power to use net metering, which provides a retail rate credit for kilowatt-hours of electricity delivered to the utility, rolled over from month to month, and paid out in cash by the utility once a year at the avoided cost rate.
34.
Several appendices contain information such as the procedures for determinations about state laws, state exemptions and issuance of staff interpretations, special rules for certain kinds of credit plans, a list of enforcement agencies, model disclosures which if used properly will ensure compliance with the Act, and the rules for computing annual percentage rates in closed-end credit transactions and total annual loan cost rates for reverse mortgage transactions.
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