Federal Energy Regulatory Commission Approves Operating Agreement and Transmission Service Contract

Strategic Insights -

The Federal Energy Regulatory Commission has issued an order accepting for filing an Operating Agreement between Public Service Company of New Mexico (PNM) and Western Area Power Administration (WAPA), as well as revisions to a contract for transmission service with WAPA. The agreement was filed on August 31, 2022, and is effective as of September 1, 2022. The Commission's action grants notices of intervention and timely-filed motions to intervene, and does not constitute approval of any service, rate, charge, classification, or rule affecting such rate or service.

Key Takeaways:

  • The Federal Energy Regulatory Commission has approved the Operating Agreement between PNM and WAPA, and the revised contract for transmission service.
  • The agreement was filed on August 31, 2022, and is effective as of September 1, 2022.
  • The Commission's action grants notices of intervention and timely-filed motions to intervene.
  • No protests or adverse comments were filed in response to the proposed agreement.
  • The approval is without prejudice to any findings or orders which have been or may hereafter be made by the Commission in any proceeding now pending or hereafter instituted by or against PNM.
  • Participants can request rehearing by the Commission within 30 days of the date of issuance of this order.
  • The agreement is related to PNM's Rate Schedules and Agreements, Rate Schedule No. 179, Operating Agreement No. 22-SLC-1117 (1.0.0), and Rate Schedule No. 86, 7th Revised PNM-WAPA Contract P0695 (7.0.0).

Statistics:

  • The agreement was filed on August 31, 2022.
  • The agreement is effective as of September 1, 2022.
  • The Commission's action was issued on October 21, 2022.
  • No protests or adverse comments were filed.
  • The approval is without prejudice to any findings or orders which have been or may hereafter be made by the Commission.
  • The agreement involves Rate Schedule No. 179 and Rate Schedule No. 86.
  • The approval is related to PNM's Rate Schedules and Agreements.

Sources:

  • Federal Energy Regulatory Commission: "Delegated Order: FEDERAL ENERGY REGULATORY COMMISSION WASHINGTON, DC 20426 OFFICE OF ENERGY MARKET REGULATION In Reply Refer To: Public Service Company of New Mexico Docket No. ER22-2760-000 Issued: October 21, 2022"
  • Public Service Company of New Mexico: "PNM Rate Schedules and Agreements, Rate Schedule No. 179, Operating Agreement No. 22-SLC-1117 (1.0.0), Rate Schedule No. 86, 7th Revised PNM-WAPA Contract P0695 (7.0.0)"