WASHINGTON, May 17, 2012 /PRNewswire-USNewswire/ --The Coalition for Fair Transmission Policy today expressed concern with the Federal Energy Regulatory Commission's decision to deny rehearing of Order 1000 on transmission planning and cost allocation.
"Despite the more than 60 requests for rehearing of Order 1000, FERC has apparently made few changes to its unprecedented regulatory effort to reset the rules for the nation's electricity grid. The coalition remains concerned that Order 1000 fails to adequately ensure that electricity consumers are protected from high rates that are unfair and unreasonable. For consumers, the benefits appear speculative, the burdens all too real," said Sue Sheridan, the coalition's president and general counsel.
The coalition said it is reviewing all of its options, including filing suit in the federal appeals court challenging Order 1000.
Coalition for Fair Transmission Policy
About the coalition
The coalition's seven members are CMS Energy Corporation, Consolidated Edison, Inc., DTE Energy Company, Progress Energy Inc., Public Service Enterprise Group, SCANA Corporation, and Southern Company. More than 28 percent of U.S. electric customers, representing 26 states, are served by utilities and companies which are either formal members of the coalition or are on record supporting the group's goals. For more information, visit the coalition's website, www.fairtransmission.org.
SOURCE Coalition for Fair Transmission Policy
