PJM Hit With $12B 'Unreasonable Capacity' Complaint

Law360, New York (June 4, 2008, 12:00 AM EDT) -- Utility regulators from four Middle Atlantic states have filed a complaint alleging that electricity users in the region serviced by PJM Interconnection LLC will pay about $12 billion in unreasonable capacity charges over the next three years.

The complaint was filed Friday with the Federal Energy Regulatory Commission by the Maryland Public Service Commission, the Delaware Public Service Commission, the Pennsylvania Public Utility Commission and the New Jersey Board of Public Utilities, along with certain electricity buyers and consumer advocates.

They are challenging the results of...
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