exit fee
FERC upheld the contract termination payment rules for Tri-State Generation and Transmission Association it approved last year, though it modified some of its original order in response to requests for clarification.
FERC ordered Tri-State Generation and Transmission Association to rework two filings involving departing members in orders issued March 29.
FERC issued an order ending a couple years of litigation over what Tri-State can charge its exiting members, picking a "Balance Sheet Approach" initially proposed by departing member United Power and then modified by commission staff.
FERC found that Tri-State did not demonstrate that United's withdrawal agreement was just and reasonable under the Federal Power Act.
FERC rejected United Power’s request to provide Tri-State Generation and Transmission Association with a nonbinding, conditional withdrawal notice.
Jimmy, CC BY-SA-2.0, via Wikimedia
Tri-State G&T has reached a settlement with more than two dozen of its members over the first phase of its $21.3 billion plan to reduce GHG emissions.
Regulatory hurdles remain for Tri-State G&T, despite FERC's acceptance of the cooperative's controversial exit-fee methodology for its members.
The Colorado PUC dismissed formal complaints filed against Tri-State G&T, saying it lacked legal jurisdiction to rule on the proceeding.
FERC opened an investigation into the justness and reasonableness of Basin Electric Power Cooperative’s 2020 rate schedule and the wholesale power contracts.
FERC accepted SPP Tariff revisions implementing recommendations from the RTO’s stakeholders on fast-start resources and ramping products.
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