Introduction

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Introduction Market-Based Rate Filings Including Triennial Reviews And New Market- Based Rate Authorizations

description

Introduction. Market-Based Rate Filings Including Triennial Reviews And New Market-Based Rate Authorizations. Team Effort. OMTR All Four Rate Divisions Front Office Staff Policy Division Administrative Division Reliability Division OGC OMOI OSEC. - PowerPoint PPT Presentation

Transcript of Introduction

Page 1: Introduction

Introduction

Market-Based Rate Filings Including

Triennial Reviews And New Market-Based

Rate Authorizations

Page 2: Introduction

Team Effort

• OMTR– All Four Rate Divisions– Front Office Staff– Policy Division– Administrative Division– Reliability Division

• OGC• OMOI• OSEC

Page 3: Introduction

FERC responsibility under the Federal Power Act:

• To Ensure That Rates Charged By Public Utilities For Wholesale Power Are Just, Reasonable And Not Unduly Discriminatory Or Preferential

Page 4: Introduction

Key Orders

• April 14 Order (SMA Rehearing Order) 107 FERC ¶ 61,018

• May 13 Order (Implementation Order) 107 FERC ¶ 61,168

• July 8 Order (April 14 Rehearing Order) 108 FERC ¶ 61,026

Page 5: Introduction

Two Step Approach

• Step One: Submit Indicative Screens

• Step Two: For Utilities That Fail

– Delivered Price Test– Tailored Mitigation– Default Mitigation

Page 6: Introduction

What Happens If Applicant Passes Both Screens?

• Rebuttable Presumption Applicant Does Not Have MP…

• …But Interveners Can Present Evidence To Disprove (Including Historical Sales Data And Evidence That Competing Suppliers Can’t Access The Market)

• If No Evidence To Rebut The Presumption, Then Applicant Obtains/Retains MBR

Page 7: Introduction

What Happens If Applicant Fails Either Screen

• Rebuttable Presumption Applicant Has MP

• …But Applicant Can Either Present Evidence To Disprove (Including Historical Sales Data And The Delivered Price Test)

• …Applicant Can Propose Tailored Mitigation Or Adopt Default Rates

• If Found To Have MP, It’s Denied MBR In All Geographic Markets Where It Has MP

Page 8: Introduction

Results on This Agenda

• 11 Passes

• 6 Fails

• 2 Additional Information Needed


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