Federal Energy Regulatory Commission Issues Delegated Order Against Pacific Gas and Electric Company

Strategic Insights -

The Federal Energy Regulatory Commission (FERC) has issued a delegated order against Pacific Gas and Electric Company (PG&E), requiring the company to refund the time-value of revenues collected without Commission authorization. The order stemmed from PG&E's failure to timely file revisions to its Interconnection Agreement and Wholesale Distribution Service Agreement with the City and County of San Francisco.

Key Takeaways:

  • The FERC's delegated order requires PG&E to refund the time-value of revenues collected without Commission authorization, calculated pursuant to section 35.19(a) of the Commission's regulations.
  • PG&E failed to timely file revisions to its Interconnection Agreement and Wholesale Distribution Service Agreement with the City and County of San Francisco, resulting in revenue collection without Commission authorization.
  • The FERC granted a waiver of notice for untimely filings only upon a showing of extraordinary circumstances, which PG&E did not make.
  • PG&E must make the refunds within 30 days of the date of the delegated order and file a refund report within 30 days thereafter.
  • The filing was publicly noticed, with interventions and protests due on or before August 1, 2022.
  • PG&E is reminded that it must submit required filings in a timely manner to avoid possible sanctions by the Commission.

Statistics:

  • PG&E collected revenues without Commission authorization for an unspecified period.
  • The time-value of revenues collected will be refunded in full to consumers.
  • The refund report must be filed within 30 days of the date of the delegated order.
  • The delegated order requires PG&E to refund the revenues collected without Commission authorization within 30 days of the order's issuance.
  • The FERC's delegated order was issued on August 29, 2022.

Sources:

  • Pacific Gas and Electric Company, Wholesale Distribution Tariff and Service Agreements (Tariff ID 2100).
  • 18 C.F.R. § 35.3(a)(1) (2021).
  • 18 C.F.R. § 35.19(a) (2021).
  • 18 C.F.R. § 385.214 (2021).
  • 18 C.F.R. § 385.713 (2021).