There shall be within the Department , a Federal Energy Regulatory Commission established by subchapter IV of this chapter (hereinafter referred to in this chapter as the “Commission” ). The Chairman shall be compensated at the rate provided for level III of the Executive Schedule under section 5314 of title 5 . The other members of the Commission shall be compensated at the rate provided for level IV of the Executive Schedule under section 5315 of title 5 . The Chairman and members of the Commission shall be individuals who, by demonstrated ability, background, training, or experience, are specially qualified to assess fairly the needs and concerns of all interests affected by Federal energy policy. ( Pub. L. 95–91, title II, § 204 , Aug. 4, 1977 , 91 Stat. 571 .) Editorial Notes References in Text This chapter, referred to in text, was in the original “this Act”, meaning Pub. L. 95–91 , Aug. 4, 1977 , 91 Stat. 565 , known as the Department of Energy Organization Act , which is classified principally to this chapter. For complete classification of this Act to the Code, see Short Title note set out under section 7101 of this title and Tables. CFR Title Parts 10 840 18 1 , 1c , 1b , 2 , 4 , 5 , 6 , 8 , 11 , 12 , 16 , 24 , 32 , 33 , 34 , 35 , 37 , 38 , 41 , 45 , 46 , 101 , 116 , 131 , 141 , 152 , 154 , 157 , 161 , 201 , 225 , 250 , 260 , 275 , 281 , 284 , 290 , 292 , 300 , 340 , 341 , 343 , 344 , 346 , 347 , 348 , 349 , 356 , 357 , 358 , 375 , 376 , 380 , 381 , 382 , 385 , 388 , 390 , 821