FERC Ruling on Certain Subsidy Payments under PJM’s Economic Load Response Program
On November 20, 2007, the PJM Industrial Customer Coalition (PJMICC or Complainant) filed a complaint (Complaint) under section 206 of the Federal Power Act (FPA) alleging that certain sunset provisions of PJM Interconnection L.L.C.’s (PJM) existing tariff, pursuant to which certain subsidy payments under PJM’s Economic Load Response Program (Economic Program) will expire on December 31, 2007, are unjust and unreasonable. PJMICC requests that the Commission find that the sunset provisions are not just and reasonable and also requests that the Commission approve a proposed mechanism submitted by PJMICC for continuing the subsidy payments. For the reasons discussed below, the Commission denies the Complaint.
Full details of the complaint and FERC’s ruling can be found in FERC Ruling on PJM Subsidy Payments (pdf).
Posted on Tuesday, January 1st, 2008 - Press Releases