FERC To Revisit Ruling In Exelon, Xcel Tariff Row

Law360, New York (October 31, 2012, 7:37 PM EDT) -- The Federal Energy Regulatory Commission agreed Wednesday to rehear arguments over its August ruling that found that a Texas regulator was wrong to allow an Xcel Energy Services Inc. unit to alter a tariff agreement with several Exelon Corp. units.

After Minneapolis-based Xcel argued that the FERC made wrong assumptions about the cost methodology that the Public Utility Commission of Texas had approved in allowing Xcel's tariff adjustment, the commission agreed to take more time to consider its Aug. 28 ruling, with the possibility that it...
To view the full article, register now.

UK Financial Services

UK Financial Services

Read Our Latest UK Financial Services Coverage

Financial Services Law360 UK provides breaking news and analysis on the financial sector. Coverage includes UK and European Union policy, enforcement, and litigation involving banks, asset management firms, and other financial services organizations.