NEES Proposes Transmission Sub

Fortnightly Magazine - May 15 1996
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The New England Electric System (NEES) has filed with the Federal Energy Regulatory Commission (FERC) and the Securities and Exchange Commission for authority to separate

generation and transmission, and to create a

transmission subsidiary called NEES Transmission Services, Inc. NEES Transmission has filed proposed transmission tariffs at the FERC that would give its wholesale customers, including New England Power Co. and the NEES retail electric subsidiaries, open access on a comparable basis.NEES says it went beyond the requirements of the open-access Notice of Proposed Rulemaking by proposing to unbundle transmission and generation into two separate affiliates, and by filing open-access tariffs that apply not only to future incremental load, as proposed by FERC, but also to existing wholesale transactions. "We believe we are the first in the country to create a transmission-only subsidiary as part of the open-access filing," said Jeffrey Tranen, NEES senior vice president.

Inside Washington items were reported by Lori A. Burkhart, an associate legal editor of Public Utilities Fortnightly.


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