Louisiana-based power generator Pelican Power is the first to register a complaint over MISO’s yearslong miscalculation in its capacity auctions in an effort to stop the RTO’s retroactive pricing corrections.

Inflation and higher borrowing costs pushed MISO’s cost of new entry up by about 5% heading into the 2026/27 planning year, but stakeholders are questioning MISO’s use of 2020 data in calculations in order to keep prices lower.