### Question
How is the term ratemaking authority defined?


### Answer
The term **ratemaking authority** is defined in *15 U.S.C. § 3202* as the following:

> authority to fix, modify, approve, or disapprove rates

#### Citation:
  - *15 U.S.C. § 3202*
  - Heading: **CHAPTER 59-RETAIL POLICIES FOR NATURAL GAS UTILITIES**

