section 1241 of the Energy Policy Act (PL 109-58, 119 Stat. 594 2005) adds a news section 219 to the Federal Power Act mandating that no later than a year after enactment of section 219, FERC is to establish, by rule, incentive-based (including performance- based) rate treatments for the transmission of electric energy in interstate commerce by public utilities for the purpose of benefiting consumers by ensuring reliability and reducing the costs of delivered power by reducing transmission congestion. In RM06-4-000 NOPR, FERC is proposing to promote greater capital investment in new transmission capacity. The need for ..........
Sect. 1241 Energy Policy Act 2005 (P.L. 109-58, 119 Stat. 594, 2005) adds new section 219 to Federal Power Act mandating that no later than a year after enactment of sect. 219, FERC is to establish, by rule, incentive and performance-based rate treatments for transmission of electric energy in interstate commerce by public utilities for the purpose of benefiting consumers by ensuring reliability, reducing the cost of delivered power and reducing transmission congestion. In RM06-4-000 Final Rule, FERC is promoting greater capital investment in new transmission capacity. The need for capital investment in energy infrastructure is national problem that requires a national solution. Inadequate transmission infrastructure results in transmission congestion that impedes competitive wholesale markets and impairs the reliability of the electric grid.
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RM06-04-000Final RuleOMBjust[Rev1].wpd.doc
Electric Rates Schedules and Tariff Filings RM06-4-000 Promoting Transmission Investment Through Pricing Reform