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HomeNews By Docket & Bill NumberDocket EL16-120

Docket EL16-120

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Over Objection of Retail Suppliers, FERC Grants Complaint To Immediately Reduce Capacity Market Clawback (Peak Energy Rent) In New England

RESA Had Said Such Immediate PER Modification Would Harm Retail Suppliers, Negatively Impact Fixed Price Agreements

FERC granted in part a complaint filed by generators and found that ISO New England's Peak Energy Rent (PER) mechanism, which is a form of capacity market revenue clawback paid to load, is no longer just and reasonable. FERC ordered immediate changes to the PER strike price

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