FERC Orders Two Ariz Utilities To Issue Refunds
Dow Jones & Company, Inc. - Dec 15
The Federal Energy Regulatory Commission Wednesday found two utilities in
Arizona in violation of the agency's open access transmission rules meant to
prevent market abuse.
The commission directed Arizona Public Service to refund
$4 million
, which FERC determined will go to low-income energy assistance programs in the
state and to upgrade the utility's transmission system to better serve its
customers.
Also, FERC directed Tucson Electric Power Co. to refund about
$25,000
for violating the agency's transmission rules by not adequately posting the
availability of certain transmission services.
FERC also found that
Tucson
Electric Power violated the agency's standards of conduct rules.
FERC became aware of the violations through routine audits its staff
conducted between
January 2002
and
October 2003
.
-By
Maya Jackson Randall
, Dow Jones Newswires; 202-862-9263; Maya.Jackson- Randall@dowjones.com
found two utilities in Arizona in violation of the agency's open access
transmission rules meant to prevent market abuse.
The commission directed Arizona Public Service, a unit of
Pinnacle West Capital Corp.
(PNW), to refund
$4 million
, which FERC determined will go to low- income energy assistance programs in the
state and to upgrade the utility's transmission system to better serve its
customers.
Also, FERC directed Tucson Electric Power Co., a unit of
Unisource Energy Corp.
(UNS), to refund about
$25,000
for violating the agency's transmission rules by not adequately posting the
availability of certain transmission services.
FERC also found that
Tucson
Electric Power violated the agency's standards of conduct rules.
FERC became aware of the violations through routine audits its staff
conducted between
January 2002
and
October 2003
.
-By
Maya Jackson Randall
, Dow Jones Newswires; 202-862-9263; Maya.Jackson- Randall@dowjones.com