October 29, 2012
FERC Reduces Constellation Penalty in CAISO
FERC granted Exelon and Constellation NewEnergy, Inc. a limited, one-time waiver of section 37.11.1 of the California Independent System Operator Corporation (CAISO) tariff that was in effect prior to October 1, 2011, to avoid a penalty of $282,000 for untimely submission of settlement meter data.
