The Federal Energy Regulatory Commission (FERC) has agreed to set a hearing on the reasonableness of American Electric Power Co.'s (AEP) nonfirm, offpeak hourly rate for electric transmission...
by two months or the request would be dismissed.
PacifiCorp had argued that the filing was sufficient because it assigned the same 30 percent to distribution and 70 percent to generation and transmission as was used in the previous agreement. But PUC Chairman Ron Eachus pointed out, "Our previous agreement applied to the distribution function, not to a specified percentage of revenues. If the company wants an increase for generation and transmission, it has to break those costs and revenues out separately."
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