§824l Information Requirements

Summary

When a company that makes electricity to sell to others asks a transmission company, in good faith, to send power and gives specific rates and terms, the transmission company must either agree to those terms or, if the buyer does not accept the transmission company’s offer, give a written answer within 60 days (or another time both sides agree). The answer must explain, using the facts of the request, why the transmission company set the rates, charges, and terms it did, and must describe any physical or other limits that affect its ability to provide the service. Within one year after October 24, 1992, the Federal Energy Regulatory Commission must make a rule requiring transmission companies to send it yearly information about possible available transmission capacity and any known limits. That information must be enough so potential customers, state regulators, and the public can learn about available capacity and constraints.