FERC Approves NY Electricity Rerouting Rule Change

Law360, New York (August 25, 2008, 12:00 AM EDT) -- The U.S. Federal Energy Regulatory Commission has agreed to energy tariff revisions that were implemented in July in order to stop electricity flows that increased costs for consumers in New York.

The New York Independent System Operator, the nonprofit manager of New York's electric grid, submitted the tariff changes to FERC for retroactive approval in July after they were implemented.

NYISO said the temporary tariff revisions will put a stop to the use of circuitous routing of electricity around Lake Eerie and reduce congestion costs that...
To view the full article, register now.
Law360 Pro Say Podcast
Check out Law360's new podcast, Pro Say, which offers a weekly recap of both the biggest stories and hidden gems from the world of law.