Non-Public Entities Won't Pay Refunds In Energy Crisis

Law360, New York (October 19, 2007, 12:00 AM EDT) -- The U.S. Federal Energy Regulatory Commission announced on Thursday that it has vacated its earlier order that government-owned electric utilities and other non-public entities on the energy market refund electricity buyers for improper sales made during a crisis in the Western energy market in 2000 and 2001.

The decision means that state and municipal utilities, as well as a non-public power cooperative, that participated in the California Independent System Operator Corporation and California Power Exchange Corporation markets will not have to pay refunds for their alleged...
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