Law360, New York (August 29, 2012, 6:42 PM ET) -- The Federal Energy Regulatory Commission ruled Tuesday that a Texas regulator had wrongly allowed an Xcel Energy Services Inc. unit to alter a tariff agreement with several Exelon Corp. units, but said it was up to Exelon to bring any enforcement action over the issue.
According to FERC’s notice, the Public Utility Commission of Texas had improperly allowed Xcel subsidiary Southwestern Public Service Co. to potentially set its price for purchasing electricity from the 12 Exelon Wind units to an amount different from the legally required...
FERC Says Exelon Must Bring Own Claims Against Texas' PUC
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