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Public utilities

Federal Energy Regulatory Commission Approves Early Termination of Electric Grid Agreement

Strategic Insights

— 1 min read

The Federal Energy Regulatory Commission (FERC) has issued an order approving the early termination of an agreement between Southwestern Electric Power Company (SWEPCO) and two other electric cooperatives. The agreement, which involved a rate adjustment, was submitted to FERC on October 18, 2021, and was accepted for filing on December 18, 2021. The order does not constitute approval of the service, rate, or practice affecting the rate provided for in the filed document, and is without prejudice to any findings or orders made by FERC in any proceeding.

Key Takeaways:

  • The Federal Energy Regulatory Commission (FERC) has approved the early termination of an agreement between Southwestern Electric Power Company (SWEPCO) and two other electric cooperatives, Rayburn Country Electric Cooperative, Inc. and East Texas Electric Cooperative, Inc.
  • The agreement, submitted on October 18, 2021, involves a rate adjustment and was accepted for filing on December 18, 2021.
  • The order does not constitute approval of the service, rate, or practice affecting the rate provided for in the filed document, and is without prejudice to any findings or orders made by FERC in any proceeding.
  • The proceeding was publicly noticed, with interventions and protests due on or before November 8, 2021. No protests or adverse comments were filed.
  • Notices of intervention and unopposed motions to intervene out-of-time filed before the issuance date of this order are granted.
  • The action does not disrupt the proceeding or place additional burdens on existing parties.

Statistics:

  • Docket number: ER22-126-000
  • Date of submission: October 18, 2021
  • Date of acceptance for filing: December 18, 2021
  • Notice period for interventions and protests: November 8, 2021
  • Number of protest filings: 0
  • Number of adverse comments: 0

Sources:

  • Federal Energy Regulatory Commission. (2021, November 22). In Reply Refer To: Southwest Power Pool, Inc. Docket No. ER22-126-000 [Document Accession #: 20211122-3050].

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