Construction Work in Progress Policy Act of 1983

[AI summary unavailable — showing source text] Construction Work in Progress Policy Act of 1983 - Amends the Federal Power Act to authorize the Federal Energy Regulatory Commission to approve, upon application by a public utility, the inclusion in the rate base of such utility of the costs of construction work in progress (defined as construction of a facility used to generate electric energy) with respect to: (1) any pollution control facility; and (2) the conversion of oil or natural gas-fired facilities to the use of other fuels. Authorizes the Commission to approve by final order the costs of construction work in progress for other types of facilities, subject to the requirements under this Act. Requires the Commission to hold an evidentiary hearing upon application by a public utility for approval of such a rate increase. Sets forth the items required in any such application. Requires the Commission to approve the rate increase applied for or to order a lesser rate increase if, after the hearing, the Commission finds that: (1) the utility will be in severe financial difficulty unless construction work in progress costs are included in the rate base; (2) the utility has initiated programs to acquire alternative energy resou…