Transmission Professionals Group
The Transmission Professionals special interest group covers the distribution of power from generation to final destination.
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PNM REQUIRED TO PAY TIME VALUE REFUNDS
FERC recently required PNM to pay time value refunds related to two contracts not previously filed with FERC and exercised its discretion and did not require time value refunds for 13 others, based upon the circumstances of the case.
PNM REQUIRED TO PAY TIME VALUE REFUNDS
In Docket No. ER22-1395, Public Service of New Mexico (PNM) filed two, late-filed, non-conforming, long-term firm point-to-point transmission service agreements (TSAs) with PacifiCorp and Tri-State Generation & Transmission Association, Inc. (Tri-State) under PNM’s Open Access Transmission Tariff (Tariff), with service commencing on December 1, 2005, and January 1, 2008, respectively.
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