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FERC OKs Rate Increase For Power Transmission Project

Law360, New York (August 23, 2013, 8:04 PM EDT) -- A proposal from a U.S. Department of Energy power administration to increase rates for the Pacific Northwest-Pacific Southwest Intertie Project won final confirmation Thursday from the Federal Energy Regulatory Commission, which approved a May 2013 to April 2018 rate schedule.

The Western Area Power Administration, among the DOE’s four power marketing administrations, had proposed the rates to increase its annual revenues to nearly $188 million, up roughly 9 percent from its current $172 million annual revenue. It cited lower sales of transmission service than it had...
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