The December 1 date for the new Federal Energy Regulatory Commission(FERC) directed Midcontinent Independent System Operator (MISO) charge to take effect for Cloverland Electric’s 42,000 services has been delayed by FERC due to insufficient information provided by MISO. FERC issued the order Friday, November 28. MISO has 30 days to provide the requested information to FERC.
“MISO has several things to explain to FERC,” said Cloverland’s President and CEO Dan Dasho. “One is how MISO determined the new SSR cost allocation for the Presque Isle Power Plant.” Under the new allocation, Cloverland’s SSR costs jumped from 2.7 percent to 22.6 percent or $22 million per year. “We made our case to FERC that the costs to Cloverland do not match the benefits from the Presque Isle Power Plant. This is good news for our members but we are not out of the woods yet” said Dasho.
The order is a delay and not a reprieve for Cloverland. Once MISO submits the additional information required by FERC then the process at FERC continues.