FERC approves MISO recovery of NERC penalty costs from tariff customers
12 May 2011Energy Alert
On 6 May 2011 the Federal Energy Regulatory Commission (FERC) approved Midwest Independent Transmission System Operator, Inc.'s (MISO) request to recover US$7,000 in reliability penalty costs from certain MISO Tariff Customers over several Customers' protests. FERC's approval of MISO's request marks the first time FERC has allowed a nonprofit entity—which generally have no reserves from which to pay penalties—to recover costs associated with a violation of the North American Electric Reliability Corporation (NERC) Reliability Standards from its customers.
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