FERC accepts updated CONE, Net CONE and PPR values

FERC conditionally accepts, eff. May 29, the updates to the Cost of New Entry (CONE), Net CONE and Performance Payment Rate (PPR) values, as amended in ISO-NE’s Deficiency Response, as well as the modified definition of Net CONE, subject to a 15-day compliance filing that reflects the assumption that the reference unit has on-site compression.  View order here.

In a concurrently-issued order, the FERC denied NEPGA’s Net CONE Complaint (EL21-26).  View that order here.