FERC Seeks To Up Power Efficiency, Keep Rates Fair

Law360, Washington (July 21, 2011, 1:08 PM EDT) -- The Federal Energy Regulatory Commission voted unanimously Thursday to put forth new rules on transmission planning and cost allocation for public electricity transmission providers, saying it would increase efficiency and keep rates fair and reasonable.

The planning component of the rule will require providers to participate in a regional planning process, to take into account state and local public policy when outlining the regional plan, and to coordinate with other providers to see if there are better ways to boost efficiency and reliability.

The cost allocation...
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