Applications, hearings, determinations, etc.: Southern Company Services, Inc., et al.,

 
CONTENT

[Federal Register: June 4, 1999 (Volume 64, Number 107)]

[Notices]

[Page 30001-30009]

From the Federal Register Online via GPO Access [wais.access.gpo.gov]

[DOCID:fr04jn99-50]

DEPARTMENT OF ENERGY

Federal Energy Regulatory Commission

[Docket Nos. ER16-2573-001, et al.]

Southern Company Services, Inc.; et al.

Before Commissioners: James J. Hoecker, Chairman; Vicky A. Bailey, William L. Massey, Linda Breathitt, and Curt Hebert, Jr.

Southern Company Services, Inc.

Docket Nos. ER96-2573-001]

Independent Power Marketers \1\

Abacus Group Ltd.

\1\ The Commission's Office of Electric Power Regulation maintains a list of companies with market-based rates on the Commission's Internet site (www.ferc.fed.us/electric/PwrMkt/ pwrmkt.htm). The list of companies in the caption, and the breakdown of the companies by category (``Independent Power Marketers,'' ``Affiliated Power Marketers,'' etc.) in the caption, are based on this list. The breakdown of the companies by category in the caption is solely for the convenience of the reader, and the category titles are not intended to be substantive determination of the appropriate categorization of the companies. Also see infra n.3.

Docket No. ER98-4240-000 AC Power Corp.

Docket No. ER97-2867-000 ACN Power Inc.

Docket No. ER98-4685-000 Advantage Energy

Docket No. ER97-4186-000 AIE Energy Services, Inc.

Docket No. ER98-3164-000 Alliance Energy Services Partnership

Docket No. ER99-1945-000 Alliance Power Marketing, Inc.

Docket No. ER96-1818-000 Alliance Strategies

Docket No. ER95-1381-000 A'Lones Group, Inc.

Docket No. ER97-512-000 Alpha Energy Corporation

Docket No. ER97-4730-000 Alternate Power Source Inc.

Docket No. ER96-1145-000 Amerada Hess Corporation

Docket No. ER97-2153-000 American Energy Trading, Inc.

Docket No. ER97-360-000 American Home Energy Corp.

Docket No. ER98-1903-000 American Power Exchange, Inc.

Docket No. ER94-1578-000 American Power Reserve Marketing Company

Docket No. ER97-1428-000 American Premier Energy Corp.

Docket No. ER98-3451-000 Amoco Energy Trading Corporation

Docket No. ER95-1359-000 AMVEST Coal Sales, Inc.

Docket No. ER97-464-000 AMVEST Power, Inc.

Docket No. ER97-2045-000 Apra Energy Group Inc.

Docket No. ER97-1643-000 Anker Power Services, Inc.

Docket No. ER97-3788-000 Applied Resources Integrated Services, Inc.

Docket No. ER97-2604-000 Ashton Energy Corporation

Docket No. ER94-1246-000 Astra Power, LLC

Docket No. ER98-3378-000 Atlanta Gas Light Services, Inc.

Docket No. ER97-542-000 Atlantic Energy Technologies, Inc.

Docket No. ER97-2132-000 Audit Pro Incorporated

Docket No. ER95-878-000 Aurora Power Resources, Inc.

Docket No. ER98-573-000 Black Brook Energy Company

Docket No. ER97-1676-000 Bollinger Energy Corp.

Docket No. ER98-1821-000 Bonneville Fuels Management Corp.

Docket No. ER96-659-000 Boyd Rosene and Associates, Inc.

[[Page 30002]]

Docket No. ER95-1572-000 Brennan Power Inc.

Docket No. ER97-1630-000 Btu Power Corporation

Docket No. ER96-1283-000 Burlington Resources Trading, Inc.

Docket No. ER96-3112-000 Business Discount Plan, Inc.

Docket No. ER99-581-000 California Polar Power Brokers, LLC

Docket No. ER98-701-000 California Power Services

Docket No. ER97-3525-000 Calpine Power Services Company

Docket No. ER94-1545-000 C.C. Pace Energy Services

Docket No. ER94-1181-000 CHI Power Marketing, Inc.

Docket No. ER96-2640-000 Chicago Electric Trading, L.L.C

Docket No. ER90-225-000 Cielo Power Market, L.P.

Docket No. ER99-964-000 Citizens Power Sales

Docket No. ER94-1685-000 Citizens Power & Light Corporation

Docket No. ER89-401-000 CL Power Sales (1-5), L.L.C

Docket No. ER95-892-000 CL Power Sales (6-10), L.L.C

Docket No. ER96-2652-000 CL Power Sales 11, L.L.C

Docket No. ER99-894-000 CL Power Sales 12, L.L.C

Docket No. ER99-893-000 CL Power Sales 13, L.L.C

Docket No. ER99-892-000 CL Power Sales 14, L.L.C

Docket No. ER99-891-000 CL Power Sales 15, L.L.C

Docket No. ER99-890-000 Clean Air Capital Markets Corporation

Docket No. ER97-4434-000 CNB/Olympic GAs Services

Docket No. ER95-964-000 CNG Power Services Corporation

Docket No. ER94-1554-000 CNG Retail Services Corporation

Docket No. ER97-1845-000 Coastal Electric Services Company

Docket No. ER94-1450-000 CoEnergy Trading Company

Docket No. ER96-1040-000 Cogentrix Energy Power Marketing, Inc.

Docket No. ER95-1739-000 Colonial Energy, Inc.

Docket No. ER97-1968-000 Columbia Energy Power Marketing Corp.

Docket No. ER97-3667-000 Commodore Gas & Electric, Inc.

Docket No. ER99-1890-000 Commonwealth Energy Corporation

Docket No. ER97-4253-000 Community Electric Power Corporation

Docket No. ER97-2792-000 Competisys LLC

Docket No. ER98-1790-000 Competitive Utility Services Corp.

Docket No. ER97-1932-000 ConAgra Energy Services, Inc.

Docket No. ER95-1751-000 Conoco Power Marketing Inc.

Docket No. ER95-1441-000 Conti Metals, Inc.

Docket No. ER96-2083-000 Cook Inlet Energy Supply Limited Partnership

Docket No. ER96-1410-000 Coral Power, L.L.C.

Docket No. ER96-25-000 CPS Capital, Ltd.

Docket No. ER96-1798-000 Cumberland Power, Inc.

Docket No. ER96-2624-000 Current Energy, Inc.

Docket No. ER98-102-000 CXY Energy Marketing (USA) Inc.

Docket No. ER99-1858-000 DC Tie, Inc.

Docket No. ER91-435-000 Direct Access Management, LP

Docket No. ER96-924-000 Direct Electric Inc.

Docket No. ER94-1161-000 Dynergy Power Services, Inc.

Docket No. ER94-1612-000 Eagle Gas Marketing Company

Docket No. ER96-1503-000 Eastern Pacific Energy

Docket No. ER98-1829-000 Eclipse Energy, Inc.

Docket No. ER94-1099-000 Econnergy Energy Co., Inc.

Docket No. ER98-2553-000 ECONnergy PA, Inc.

Docket No. ER99-1837-000 El Paso Power Services Company

Docket No. ER95-428-000 Electech, Inc.

Docket No. ER95-1399-000 Electrade Corporation

Docket No. ER94-1478-000 Electric Clearinghouse, Inc.

Docket No. ER94-968-000 Electric Lite, Inc.

Docket No. ER97-4427-000 Electrical Associates Power Marketing Inc.

Docket No. ER97-4173-000 Electrion, Incorporated

Docket No. ER98-3171-000 EMC Gas Transmission Company

Docket No. ER96-2320-000 EnerConnect, Inc.

Docket No. ER96-1424-000 Energy Clearinghouse Corp.

Docket No. ER98-2020-000 Energy Dynamics, Inc.

Docket No. ER97-3089-000 Energy International Power Marketing Corp.

Docket No. ER98-2059-000 Energy Marketing Services, Inc.

Docket No. ER96-734-000 Energy PM, Inc.

Docket No. ER98-2918-000 Energy Resource Management Corp.

Docket No. ER96-358-000 Energy Resource Marketing, Inc.

Docket No. ER94-1580-000 Energy Sales Network, Inc.

Docket No. ER98-753-000 Energy Services, Inc.

Docket No. ER95-1021-000 Energy Transfer Group, L.L.C.

Docket No. ER96-280-000 Energy Unlimited, Inc.

Docket No. ER98-1622-000 Energy 2000

Docket No. ER97-2771-000 EnergyChoice, L.L.C.

Docket No. ER96-827-000 EnergyOnline, Inc.

Docket No. ER96-138-000 EnergyTek, Inc.

Docket No. ER96-1781-000 Energy2, Inc.

Docket No. ER96-3086-000 Enerserve, L.C.

Docket No. ER96-182-000 EnerZ Corporation

Docket No. ER96-3064-000 Engage Energy US, L.P.

Docket No. ER97-654-000 Englehard Power Marketing, Inc.

Docket No. ER94-1690-000 Engineered Energy Systems Corp.

Docket No. ER96-1731-000 Enjet, Inc.

Docket No. ER99-2061-000 ENMAR Corp.

Docket No. ER99-254-000 Enpower, Inc.

Docket No. ER95-1752-000 Environmental Resources Trust, Inc.

Docket No. ER98-3233-000 Equinox Energy, L.L.C.

Docket No. ER98-1486-000 Equitable Energy, LLC

Docket No. ER98-2367-000 Equitable Power Services Company

Docket No. ER94-1539-000 ERI Services, Inc.

Docket No. ER97-2638-000 Exact Power Co., Inc.

Docket No. ER97-382-000 Excel Energy Services, Inc.

Docket No. ER94-1488-000 Family Fiber Connection

Docket No. ER96-1631-000 Federal Energy Sales

Docket No. ER96-918-000 Fina Energy Services Company

Docket No. ER97-2413-000 First Choice Energy

Docket No. ER98-2181-000 First Power, L.L.C.

Docket No. ER97-3580-000 Fortistar Power Marketing, LLC

Docket No. ER98-3393-000 Friendly Power Company LLC

Docket No. ER97-3815-000 The Furst Group, Inc.

Docket No. ER98-2423-000 Gateway Energy, Inc.

Docket No. ER95-1049-000 Gateway Energy Marketing

Docket No. ER96-795-000 GDK Corporation

Docket No. ER96-1735-000 GED Gas Services, L.L.C.

Docket No. ER95-1583-000 Gelber Group, Inc.

Docket No. ER96-1933-000 Global Energy and Technology, Inc.

Docket No. ER97-3416-000 Global Energy Service, L.L.C.

Docket No. ER97-1177-000 Global Petroleum Corporation

Docket No. ER96-359-000 Golden Valley Power Company

Docket No. ER98-4334-000 Granger Energy, L.L.C.

Docket No. ER97-4240-000 Great Western Power Cooperatives Company

Docket No. ER98-1722-000 The Green Power Connection

Docket No. ER97-3888-000 Growth Unlimited Investments, Inc.

Docket No. ER96-1774-000 Gulfstream Energy, LLC

[[Page 30003]]

Docket No. ER94-1597-000 Hafslund Energy Trading, L.L.C.

Docket No. ER98-2535-000 Hartford Power Sales, L.L.C.

Docket No. ER95-393-000 High Island Marketing, Inc.

Docket No. ER97-4787-000 Hinson Power Company

Docket No. ER95-1314-000 Howard Energy Marketing, Inc.

Docket No. ER95-252-000 Howell Power Systems, Inc.

Docket No. ER94-178-000 Hubbard Power & Light, Inc.

Docket No. ER96-2583-000 ICC Energy Corporation

Docket No. ER96-1819-000 ICPM, Inc.

Docket No. ER95-640-000 IGI Resources, Inc.

Docket No. ER95-1034-000 Industrial Gas & Electric Services Co.

Docket No. ER95-257-000 Infinergy Services, LLC

Docket No. ER98-3478-000 Infinite Energy, Inc.

Docket No. ER97-3923-000 Inland Pacific Resources Inc.

Docket No. ER96-2144-000 International Energy Ventures, Inc.

Docket No. ER98-4264-000 International Utility Consultants, Inc.

Docket No. ER96-594-000 J. Anthony & Associates Ltd

Docket No. ER95-784-000 J. Aron & Company

Docket No. ER95-34-000 J.D. Enterprises

Docket No. ER96-2435-000 J.L. Walker & Associates

Docket No. ER95-1261-000 JMF Power Marketing

Docket No. ER98-3433-000 JPower Inc.

Docket No. ER95-1421-000 K & K Resources, Inc.

Docket No. ER98-3006-000 Kamps Propane, Inc.

Docket No. ER98-1148-000 Kaztex Energy Ventures, Inc.

Docket No. ER95-295-000 Keystone Energy Services, Inc.

Docket No. ER97-3053-000 Kibler Energy Ltd.

Docket No. ER96-1119-000 Kimball Power Company

Docket No. ER95-232-000 KinEr-G Power Marketing, Inc.

Docket No. ER96-1139-000 KN Services, Inc.

Docket No. ER95-869-000 Koch Energy Trading, Inc.

Docket No. ER95-218-000 Kohler Co.

Docket No. ER95-1018-000 K Power Company, Inc.

Docket No. ER95-792-000 Lakeside Energy Services, LLC

Docket No. ER99-505-000 Lamar Power Partners, L.P.

Docket No. ER99-2097-000 Lamda Energy Marketing Corp.

Docket No. ER94-1672-000 The Legacy Group, Inc.

Docket No. ER99-1719-000 Lisco, Inc.

Docket No. ER96-1406-000 LS Power Marketing, LLC

Docket No. ER96-1947-000 MAC Power Marketing, L.L.C.

Docket No. ER98-575-000 The Mack Services Group

Docket No. ER99-1750-000 Manner Technologies, L.L.C.

Docket No. ER97-135-000 MEG Marketing, LLC

Docket No. ER99-2284-000 Merchant Energy of the Americas, Inc.

Docket No. ER98-1055-000 Merrill Lynch Capital Services, Inc.

Docket No. ER99-830-000 Metro Energy Group, L.L.C.

Docket No. ER99-801-000 Micah Tech Industries, Inc.

Docket No. ER98-1221-000 Michigan Gas Exchange, LLC

Docket No. ER99-1156-000 Mid American Natural Resources, Inc.

Docket No. ER95-1423-000 Mid-American Resources, Inc.

Docket No. ER95-78-000 Mid-Power Service Corporation

Docket No. ER97-4257-000 MIECO Inc.

Docket No. ER98-51-000 Millenium Energy Corporation

Docket No. ER98-174-000 Monterey Consulting Associates, Inc.

Docket No. ER98-2143-000 Morgan Stanley Capital Group Inc.

Docket No. ER94-1384-000 Multi-Energies USA Inc.

Docket No. ER96-203-000 Murphy Oil USA

Docket No. ER97-610-000 NAP Trading and Marketing, Inc.

Docket No. ER95-1278-000 National Fuel Resources, Inc.

Docket No. ER95-1374-000 National Power Exchange Corporation

Docket No. ER94-1593-000 National Power Marketing Company, L.L.C.

Docket No. ER96-2942-000 New Jersey Natural Energy Company

Docket No. ER96-2627-000 New Millenium Energy Corp.

Docket No. ER97-2681-000 NFR Power, Inc.

Docket No. ER96-1122-000 NGTS Energy Services

Docket No. ER96-2982-000 Niagara Energy & Steam Co., Inc.

Docket No. ER97-1414-000 Nicole Energy Services

Docket No. ER98-2683-000 NICRO energy Mgmt. Services Company

Docket No. ER97-1816-000 Nine Energy Services, L.L.C.

Docket No. ER98-1915-000 Nordic Electric, LLC

Docket No. ER96-127-000 North American Energy Conservation, Inc.

Docket No. ER94-152-000 North American Energy, Inc.

Docket No. ER98-242-000 North American Power Brokers, Inc.

Docket No. ER96-1156-000 North Atlantic Utilities, Inc.

Docket No. ER97-1716-000 North Star Power Marketing, L.L.C.

Docket No. ER98-622-000 Northeast Electricity Inc.

Docket No. ER98-3048-000 Northeast Energy Services, Inc.

Docket No. ER97-4347-000 Northrop Grumman Corporation

Docket No. ER96-2957-000 Northwest Natural Gas Company

Docket No. ER97-683-000 Novarco Ltd.

Docket No. ER98-4139-000 NP Energy Inc.

Docket No. ER97-1315-000 NUI Energy Brokers, Inc.

Docket No. ER96-2580-000 NXIS, LLC

Docket No. ER97-778-000 Ocean Energy Services, Inc.

Docket No. ER96-588-000 Oceanside Energy, Inc.

Docket No. ER97-181-000 Omni Energy

Docket No. ER98-3344-000 Oneok Power Marketing Company

Docket No. ER98-3897-000 Pacific Energy & Development Corp.

Docket No. ER98-1824-000 PanCanadian Energy Services, LP

Docket No. ER90-168-000 Panda Power Corporation

Docket No. ER98-447-000 Panda Guadalupe Power Marketing, LLC

Docket No. ER98-3901-000 Peak Energy, Inc.

Docket No. ER95-379-000 Pelican Energy Management, Inc.

Docket No. ER98-3084-000 Penobscot Bay Energy Co. LLC

Docket No. ER97-2875-000 People's Electric Corporation

Docket No. ER98-3719-000 People's Utility Corp.

Docket No. ER98-2232-000 PG Energy Power Plus

Docket No. ER98-1953-000 Phibro Inc.

Docket No. ER95-430-000 Philadelphia Gas Works

Docket No. ER98-124-000 Poco Marketing LTD

Docket No. ER97-2198-000 Poco Petroleum, Inc.

Docket No. ER97-2197-000 Polaris Electric Power Co., Inc.

Docket No. ER98-1421-000 Power Access Management

Docket No. ER97-1084-000 Power Clearinghouse Inc.

Docket No. ER95-914-000 The Power Company of America, L.P.

Docket No. ER95-111-000 Power Exchange Corporation

Docket No. ER95-72-000 Power Fuels, Inc.

Docket No. ER96-1930-000 Power Providers, Inc.

Docket No. ER96-2303-000 Power Systems Group, Inc.

Docket No. ER97-3187-000 PowerCom Corporation

Docket No. ER97-4364-000 Powerline Controls, Inc.

Docket No. ER96-1754-000 PowerMark, LLC

Docket No. ER96-332-000 PowerNet Corporation

Docket No. ER94-931-000 PowerSource Corp.

[[Page 30004]]

Docket No. ER98-3052-000 PowerTec International, L.L.C.

Docket No. ER96-1-000 Prairie Winds Energy, Inc.

Docket No. ER95-1234-000 Preferred Energy Services, Inc.

Docket No. ER96-2141-000 Premier Enterprises, LLC.

Docket No. ER95-1123-000 Progas Power, Inc.

Docket No. ER95-968-000 ProLiance Energy, LLC.

Docket No. ER97-420-000 Proven Alternatives Inc.

Docket No. ER95-473-000 PS Energy Group, Inc.

Docket No. ER99-1876-000 P&T Power Company

Docket No. ER97-18-000 Quantum Energy Resources, Inc.

Docket No. ER96-947-000 Quark Power, L.L.C.

Docket No. ER97-2374-000 Questar Energy Trading Company

Docket No. ER96-404-000 Rainbow Energy Marketing Corporation

Docket No. ER94-1061-000 Rainbow Power USA LLC

Docket No. ER98-2012-000 Reliable Energy, Inc.

Docket No. ER98-3261-000 Resource Energy Services Company

Docket No. ER97-828-000 Revelation Energy Resources Corp.

Docket No. ER97-765-000 River City Energy, Inc.

Docket No. ER99-823-000 Rocky Mountain Natural Gas & Electric LLC

Docket No. ER98-3108-000 Ruffin Energy Services, Inc.

Docket No. ER95-1047-000 Russell Energy Sales Company

Docket No. ER96-2882-000 Salem Electric, Inc.

Docket No. ER98-2175-000 Salko Energy Services, Inc.

Docket No. ER99-1052-000 Sandia Energy Resources Company

Docket No. ER96-2538-000 SDS Petroleum Products, Inc.

Docket No. ER96-1724-000 SE Holdings, L.L.C.

Docket No. ER96-3107-000 Seagull Power Services, Inc.

Docket No. ER96-342-000 SEMCOR, Inc.

Docket No. ER96-1516-000 Shamrock Trading LLC

Docket No. ER98-3526-000 Shell Energy Services Company, LLC

Docket No. ER99-2109-000 Sigma Energy, Inc.

Docket No. ER97-4145-000 Sithe Power Marketing, Inc.

Docket No. ER98-107-000 Sky Gen Energy Marketing L.L.C

Docket No. ER99-972-000 Sonat Power Marketing Inc.

Docket No. ER95-1050-000 Sonat Power Marketing L.P.

Docket No. ER96-2343-000 South Jersey Energy Company

Docket No. ER97-1397-000 SouthEastern Energy Resources, Inc.

Docket No. ER95-385-000 SouthWestern Power Marketers, Inc.

Docket No. ER97-2529-000 Sparc, LLC

Docket No. ER98-2671-000 Stalwart Power Company

Docket No. ER95-1334-000 Stand Energy Corporation

Docket No. ER95-362-000 Starghill Energy Corp.

Docket No. ER97-4680-000 Statoil Energy Services, Inc.

Docket No. ER97-4381-000 Statoil Energy Trading, Inc.

Docket No. ER94-964-000 Strategic Power Management, Inc.

Docket No. ER96-2591-000 StratErgy, Inc.

Docket No. ER99-1410-000 Sunoco Power Marketing, L.L.C.

Docket No. ER97-870-000 Superior Electric Power Corporation

Docket No. ER95-1747-000 SuperSystems, Inc.

Docket No. ER96-906-000 Symmetry Device Research, Inc.

Docket No. ER96-2524-000 TC Power Solutions

Docket No. ER97-1117-000 Tenaska Power Services Co.

Docket No. ER94-389-000 Tennessee Power Co.

Docket No. ER95-581-000 TerraWatt, Inc.

Docket No. ER97-2679-000 Texaco Natural Gas, Inc.

Docket No. ER95-1787-000 Texas-Ohio Power Marketing, Inc.

Docket No. ER94-1676-000 Texican Energy Ventures, Inc.

Docket No. ER94-1362-000 TexPar Energy, Inc.

Docket No. ER95-62-000 Thicksten Grimm Burgum, Inc.

Docket No. ER96-2241-000 Torco Energy Marketing, Inc.

Docket No. ER92-429-000 Tosco Power, Inc.

Docket No. ER96-2635-000 Total Gas & Electric, Inc.

Docket No. ER97-4202-000 Total Gas & Electricity (PA), Inc.

Docket No. ER99-2182-000 Tractebel Energy Marketing, Inc.

Docket No. ER94-142-000 TransCanada Energy Ltd.

Docket No. ER95-692-000 TransCanada Power Marketing, Ltd.

Docket No. ER98-564-000 TransCurrent, L.L.C.

Docket No. ER98-1297-000 Tri-Valley Corporation.

Docket No. ER97-3428-000 Trident Energy Marketing, Inc.

Docket No. ER99-2069-000 Turner Energy, L.L.C.

Docket No. ER97-4108-000 United American Energy Corp.

Docket No. ER96-3092-000 United Regional Energy LLC

Docket No. ER97-2900-000 Unocal Corporation

Docket No. ER97-262-000 US Energy, Inc.

Docket No. ER96-2879-000 U.S. Power & Light, Inc.

Docket No. ER96-105-000 UTIL. Power Marketing, Inc.

Docket No. ER97-3306-000 UtiliSys Corporation

Docket No. ER97-2426-000 Utility Management and Consulting, Inc.

Docket No. ER96-525-000 Utility Management Corp.

Docket No. ER96-1144-000 The Utility-Trade Corp.

Docket No. ER95-1382-000 Vanpower, Inc.

Docket No. ER96-552-000 Vitol Gas and Electric, L.L.C.

Docket No. ER94-155-000 VTEC Energy, Inc.

Docket No. ER95-1855-000 Wasatch Energy Corporation.

Docket No. ER97-1248-000 Washington Gas Energy Services, Inc.

Docket No. ER96-2830-000 Watt Works

Docket No. ER97-2592-000 Westcoast Power Marketing, Inc.

Docket No. ER95-378-000 Western Energy Marketers, Inc.

Docket No. ER98-537-000 Western Power Providers, Inc.

Docket No. ER95-1459-000 Wickford Energy Marketing, L.C.

Docket No. ER95-1415-000 Wicor Energy Services, Inc.

Docket No. ER96-34-000 Williams Energy Marketing & Trading Co.

Docket No. ER99-1722-000 Wilson Power & Gas Smart, Inc.

Docket No. ER95-751-000 Woodruff Energy

Docket No. ER97-3526-000 Working Assets Green Power, Inc.

Docket No. ER96-2914-000 XERXE Group

Docket No. ER98-1834-000 Yankee Energy Marketing Company

Docket No. ER96-146-000 Zapco Power Marketers, Inc.

Docket No. ER98-689-000 3E Technologies, Inc.

Docket No. ER98-3809-000

Affiliated Power Marketers

AEP Power Marketing, Inc

Docket No. ER96-2495-000 AES Power, Inc.

Docket No. ER94-890-000 AllEnergy Marketing Company

Docket No. ER98-6-000 Alliant Energy Industrial Services, Inc.

Docket No. ER99-1775-000 Alpena Power Marketing, L.L.C.

Docket No. ER97-4745-000 Aquila Energy Marketing Corp.

Docket No. ER99-1751-000 Avista Energy, Inc.

Docket No. ER96-2408-000 Bangor Energy Resale, Inc.

Docket No. ER98-459-000 British Columbia Power Exchange Corp.

Docket No. ER97-4024-000 Cargill-Alliant, L.L.C.

Docket No. ER97-4273-000 Central Hudson Enterprise Corporation

Docket No. ER97-2869-000 CET Marketing L.P.

Docket No. ER98-4412-000 CinCap IV, LLC

Docket No. ER98-421-000 CinCap V, LLC

[[Page 30005]]

Docket No. ER98-4055-000 Cinergy Capital & Trading, Inc.

Docket No. ER93-730-000 CLECO Energy, L.L.C.

Docket No. ER98-1170-000 Clinton Energy Management Services, Inc.

Docket No. ER98-3934-000 CMS Marketing, Services and Trading Co.

Docket No. ER96-2350-000 COM/Energy Marketing, Inc.

Docket No. ER98-449-000 Connectiv Energy Supply, Inc.

Docket No. ER98-2045-000 Consolidated Edison Energy, Inc.

Docket No. ER98-2491-000 Consolidated Edison Solutions, Inc.

Docket No. ER97-705-000 Constellation Energy Source, Inc.

Docket No. ER99-198-000 Constellation Power Sources, Inc.

Docket No. ER97-2261-000 CSW Energy Services, Inc.

Docket No. ER98-2075-000 CU Power Canada Ltd.

Docket No. ER98-4582-000 DePere Energy Marketing, Inc.

Docket No. ER97-1432-000 DPL Energy, Inc.

Docket No. ER96-2601-000 DTE CoEnergy, L.L.C.

Docket No. ER97-3835-000 DTE Edison America, Inc.

Docket No. ER98-3026-000 DTE Energy Trading, Inc.

Docket No. ER97-3834-000 Duke Energy Marketing Corporation

Docket No. ER96-109-000 Duke Energy Trading and Marketing, L.L.C.

Docket No. ER96-2921-000 Duke/Louis Dreyfus, L.L.C.

Docket No. ER96-108-000 DukeSolutions, Inc.

Docket No. ER98-3813-000 E prime, Inc.

Docket No. ER99-1610-000 Edison Mission Marketing & Trading, Inc.

Docket No. ER99-852-000 Edison Source

Docket No. ER96-2150-000 Elwood Marketing, L.L.C.

Docket No. ER99-1465-000 Energetix, Inc.

Docket No. ER97-3556-000 Energy Atlantic, LLC

Docket No. ER98-4381-000 Energy Masters International, Inc.

Docket No. ER94-1402-000 Enova Energy, Inc.

Docket No. ER96-2372-000 Enron Energy Services, Inc.

Docket No. ER98-13-000 Enron Power Marketing, Inc.

Docket No. ER94-24-000 Enserch Energy Services, Inc.

Docket No. ER98-895-000 Enserco Energy, Inc.

Docket No. ER96-2964-000 Entergy Power Marketing Corporation

Docket No. ER95-1615-000 First Energy Trading & Power Marketing, Inc.

Docket No. ER95-1295-000 FPL Energy Power Marketing, Inc.

Docket No. ER98-3566-000 GPU Advanced Resources, Inc.

Docket No. ER97-3666-000 Griffin Energy Marketing, L.L.C.

Docket No. ER97-4168-000 Horizon Energy Company

Docket No. ER98-380-000 H.Q. Energy Services (U.S.) Inc.

Docket No. ER97-851-000 Illinova Energy Partners, Inc.

Docket No. ER94-1475-000 Industrial Energy Applications, Inc.

Docket No. ER95-1465-000 Inventory Management & Distribution Co., Inc.

Docket No. ER97-4116-000 InterCoast Power Marketing Company

Docket No. ER94-6-000 LG&E Energy Marketing Inc.

Docket No. ER94-1188-000 Mid-American Power LLC

Docket No. ER96-1858-000 Montana Power Trading & Marketing Company

Docket No. ER97-399-000 NESI Power Marketing, Inc.

Docket No. ER97-841-000 NEV East, L.L.C.

Docket No. ER97-4652-000 NEV California, L.L.C.

Docket No. ER97-4653-000 NEV Midwest, L.L.C.

Docket No. ER97-4654-000 New Energy Partners, LLC

Docket No. ER99-1812-000 New Energy Ventures, Inc.

Docket No. ER97-4636-000 Niagara Mohawk Energy Marketing, Inc.

Docket No. ER96-2525-000 Northern/AES Energy LLC

Docket No. ER98-445-000 NRG Power Marketing Inc.

Docket No. ER97-4281-000 NYSEG Solutions, Inc.

Docket No. ER99-220-000 OGE Energy Resources, Inc.

Docket No. ER97-4345-000 PacifiCorp Power Marketing, Inc.

Docket No. ER95-1096-000 PEC Energy Marketing Inc.

Docket No. ER97-1431-000 Pepco Services, Inc.

Docket No. ER98-3096-000 PG&E Energy Services, Energy Trading Corp.

Docket No. ER95-1614-000 PG&E Energy Trading Power, L.P.

Docket No. ER95-1625-000 PP&L EnergyPlus Company

Docket No. ER98-4608-000 PPM One LLC

Docket No. ER97-3926-000 PPM Two LLC

Docket No. ER97-3927-000 PPM Three LLC

Docket No. ER97-3928-000 PPM Four LLC

Docket No. ER97-3929-000 PPM Five LLC

Docket No. ER97-3930-000 PPM Six LLC

Docket No. ER97-3931-000 Primary Power Marketing, LLC

Docket No. ER98-4333-000 Progress Power Marketing, Inc.

Docket No. ER96-1618-000 PSEG Energy Technologies Inc.

Docket No. ER97-2176-000 QST Energy Trading Inc.

Docket No. ER96-553-000 R. Hadler and Company, Inc.

Docket No. ER97-3056-000 Reliant Energy Services, Inc.

Docket No. ER99-1801-000 SCANNA Energy Marketing, Inc.

Docket No. ER96-1086-000 Select Energy, Inc.

Docket No. ER99-14-000 Sempra Energy Trading Corp.

Docket No. ER94-1691-000 SIGCORP Energy Services, L.L.C.

Docket No. ER99-2181-000 Southern Company Energy Marketing L.P.

Docket No. ER97-4166-000 Southern Energy California

Docket No. ER99-1841-000 Southern Energy New England, LLC

Docket No. ER98-4118-000 Southern Energy Retail Trading & Marketing, Inc.

Docket No. ER98-1149-000 Southern Energy Trading & Marketing, Inc.

Docket No. ER95-976-000 Spokane Energy, LLC

Docket No. ER98-4336-000 TECO EnergySource, Inc.

Docket No. ER96-1563-000 TransAlta Energy Marketing Corp.

Docket No. ER96-1316-000 TransAlta Energy Marketing (US) Inc.

Docket No. ER98-3184-000 UGI Power Supply, Inc.

Docket No. ER96-2715-000 Unicom Power Marketing, Inc.

Docket No. ER97-3954-000 Union Electric Development Corporation

Docket No. ER97-3663-000 Unitil Resources, Inc.

Docket No. ER97-2462-000 WPS Energy Services, Inc. and WPA Power Development, Inc.

Docket No. ER96-1088-000 XENERGY

Docket No. ER97-2517-000

Affiliated Power Producers

AES Alamitos, L.L.C.

Docket No. ER98-2185-000 AES Creative Resources, L.P. and AES Eastern Energy, L.P.

Docket No. ER99-1773-000 AES Huntington Beach, L.L.C.

Docket No. ER98-2184-000 AES Redondo Beach, L.L.C.

Docket No. ER98-2186-000 AmerGen Energy Company, L.L.C.

Docket No. ER99-754-000 Arthur Kill Power, L.L.C.

Docket No. ER99-2161-000 Astoria Power, L.L.C.

Docket No. ER99-2160-000 AYP Energy, Inc.

Docket No. ER99-954-000 Bridgeport Energy LLC

Docket No. ER98-2783-000 Cabrillo Power I, L.L.C.

Docket No. ER99-1115-000 Cabrillo Power II, L.L.C.

Docket No. ER99-1116-000 Carr Street Generating Station, L.P.

Docket No. ER98-4095-000 CH Resources, Inc.

Docket No. ER99-1001-000 CinCac VI, L.L.C.

Docket No. ER99-1727-000 Commonwealth Chesapeake Company, L.L.C.

Docket No. ER99-415-000 Cordova Energy Company, L.L.C.

[[Page 30006]]

Docket No. ER99-2156-000 CSW Power Marketing

Docket No. ER97-1238-000 Denver City Energy Associates, L.P.

Docket No. ER97-4084-000 De Pere Energy, L.L.C.

Docket No. ER97-4586-000 Duke Energy Morro Bay, L.L.C.

Docket No. ER98-2681-000 Duke Energy Moss Landing, L.L.C.

Docket No. ER98-2680-000 Duke Energy New Smyrna Beach Power Co. Ltd., LLP

Docket No. ER98-2624-000 Duke Energy Oakland, L.L.C.

Docket No. ER98-2682-000 Duke Energy South Bay, L.L.C.

Docket No. ER99-1785-000 Dunkiek Power, L.L.C.

Docket No. ER99-2168-000 El Dorado Energy, LLC

Docket No. ER98-4109-000 El Segundo Power, L.L.C.

Docket No. ER98-1127-000 Elwood Energy, L.L.C.

Docket No. ER99-1695-000 EME Homer City Generation, L.P.

Docket No. ER99-666-000 Energy East South Glens Falls, LLC

Docket No. ER99-1261-000 Entergy Nucler Generating Company

Docket No. ER99-1004-000 ESI Vansycle Partners, L.P.

Docket No. ER98-2494-000 FPL Energy AVEC LLC

Docket No. ER98-3565-000 FPL Energy Maine Hydro LLC

Docket No. ER98-3511-000 FPL Energy Mason LLC

Docket No. ER98-3562-000 FPL Energy Wyman LLC

Docket No. ER98-3563-000 FPL Energy Wyman IV LLC

Docket No. ER98-3564-000 Genesee Power Station, L.P.

Docket No. ER99-806-000 Grayling Generation Station, L.P.

Docket No. ER99-791-000 Harbor Cogeneration Company

Docket No. ER99-1248-000 Hawkeye Power Partners, L.L.C.

Docket No. ER98-2076-000 Huntley Power, L.L.C.

Docket No. ER99-2162-000 Kincaid Generation LLC

Docket No. ER99-1432-000 Koch Power Louisiana, L.L.C.

Docket No. ER99-637-000 Lake Benton Power Partners, LLC

Docket No. ER97-2904-000 Lake Benton Power Partners II, LLC

Docket No. ER98-4222-000 Lake Road Generating Company, L.P.

Docket No. ER99-1714-000 Lakewood Cogeneration L.P.

Docket No. ER99-1213-000 LG&E Capital Corp.

Docket No. ER99-2108-000 LG&E Westmoreland Renssalaer

Docket No. ER99-1125-000 Long Beach Generation, L.L.C.

Docket No. ER98-1796-000 Medical Area Total Energy Plant, Inc.

Docket No. ER98-1992-000 Millenium Power Partners, LP

Docket No. ER98-830-000 Minnesota Agri-Power, LLC

Docket No. ER99-1184-000 Mobile Energy Services Company, L.L.C.

Docket No. ER99-1204-000 Monmouth Energy, Inc.

Docket No. ER99-1293-000 NGE Generation, Inc.

Docket No. ER97-2518-000 PanEnergy Lake Charles Generation, Inc.

Docket No. ER96-1335-000 PDI Canada, Inc.

Docket No. ER99-1936-000 PDI New England, Inc.

Docket No. ER99-1936-000 Penobscot Hydro, LLC

Docket No. ER99-1940-000 Pittsfield Generating Company. L.P.

Docket No. ER98-4400-000 Reliant Energy Coolwater, L.L.C.

Docket No. ER99-2082-000 Reliant Energy Mandalay, L.L.C.

Docket No. ER99-2080-000 Reliant Energy Ellwood, L.L.C.

Docket No. ER99-2081-000 Reliant Energy Etiwanda, L.L.C.

Docket No. ER99-2083-000 Reliant Energy Ormond Beach, L.L.C.

Docket No. ER99-2079-000 Rockingham Power, L.L.C.

Docket No. ER99-1567-000 Rocky Road Power L.L.C.

Docket No. ER99-2157-000 Somerset Power L.L.C.

Docket No. ER99-1712-000 Southern Energy Bowline, L.L.C.

Docket No. ER99-2044-000 Southern Energy Canal, L.L.C.

Docket No. ER98-4155-000 Southern Energy Delta, L.L.C.

Docket No. ER99-1842-000 Southern Energy Kendall, L.L.C.

Docket No. ER98-4116-000 Southern Energy Lovett, L.L.C.

Docket No. ER99-2043-000 Southern Energy NY-GEN, L.L.C.

Docket No. ER99-2045-000 Southern Energy Potrero, L.L.C.

Docket No. ER99-1833-000 Southern Energy Wisconsin, L.L.C.

Docket No. ER99-669-000 State Line Energy, Inc.

Docket No. ER96-2869-000 Storm Lake Power Partners I, L.L.C.

Docket No. ER98-4643-000 Storm Lake Power Partners II, L.L.C.

Docket No. ER97-4222-000 Storm Lake Power Partners II, L.L.C.

Docket No. ER99-1228-000 Tenaska Frontier Partners, Ltd.

Docket No. ER98-1767-000 USGen New England

Docket No. ER98-6-000 West Georgia Company L.P.

Docket No. ER99-2186-000 West Texas Wind Energy Partners, L.L.C.

Docket No. ER98-1965-000 Western Kentucky Energy Corp.

Docket No. ER98-1279-000 Wisvest-Connecticut, L.L.C.

Docket No. ER99-967-000 WKE Station Two, Inc.

Docket No. ER98-1278-000

Other Utilities With Market-Based Rates

AG-Energy, L.P.

Docket No. ER98-2782-000 Automated Power Exchange

Docket No. ER98-1033-000 Boralex Stratton Energy Inc.

Docket No. ER98-4652-000 Brooklyn Navy Yard Cogeneration Partners, L.P.

Docket No. ER97-886-000 Cadillac Renewable Energy

Docket No. ER98-4515-000 Canadian Niagara Power Company

Docket No. ER99-1875-000 Choctaw Generation Limited Partnership

Docket No. ER98-3774-000 Cobisa-Person Limited Partnership

Docket No. ER98-2498-000 Cogen America Parlin Inc.

Docket No. ER96-1680-000 Cogen Energy Technologies

Docket No. ER98-4423-000 Commonwealth Atlantic Limited Partnership

Docket No. ER90-24-000 Consolidated Water Power Company

Docket No. ER98-4512-000 Dartmouth Power Associates L.P.

Docket No. ER96-149-000 Dighton Power Associates L.P.

Docket No. ER99-616-000 Edgar Electric Cooperative Association

Docket No. ER98-2305-000 GEN-SYS Energy

Docket No. ER97-4335-000 Geysers Power Company

Docket No. ER99-1983-000 Golden Spread Electric Cooperative

Docket No. ER99-705-000 Great Bay Power Corporation

Docket No. ER96-726-000 GS Electric Generating Cooperative, Inc.

Docket No. ER97-3583-000 Indeck Pepperell Power Associates, Inc.

Docket No. ER96-345-000 Logan Generating Company, L.P.

Docket No. ER95-1007-000 Lowell Cogeneration Company L.P.

Docket No. ER97-2414-000 LSP Energy Limited Partnership

Docket No. ER98-2259-000 Midwest Energy, Inc.

Docket No. ER96-2027-000 Milford Power L.P.

Docket No. ER93-493-000 Mountainview Power Company

Docket No. ER98-4301-000 Northeast Empire Limited Partnership #1

Docket No. ER98-4183-000 Northeast Empire Limited Partnership #2

Docket No. ER98-1125-000 Old Dominion Electric Cooperative

Docket No. ER97-4314-000 Oxbow Power Marketing, Inc.

Docket No. ER96-1196-000 Pacific Northwest Generating Cooperative

Docket No. ER97-504-000 PEI Power Corp.

Docket No. ER98-2270-000 Power City Partners, L.P.

Docket No. ER98-2782-000 Riverside Canal Power Company

Docket No. ER98-4302-000 RockGen Energy, L.L.C.

Docket No. ER99-970-000 SCC-L1, L.L.C.

Docket No. ER99-1914-000 SCC-L2, L.L.C.

Docket No. ER99-1915-000 SCC-L3, L.L.C.

Docket No. ER99-1942-000 Seneca Power Partners, L.P.

[[Page 30007]]

Docket No. ER98-2782-000 Sithe New England Holdings L.L.C.

Docket No. ER98-1943-000 Southwood 2000, Inc.

Docket No. ER98-2603-000 Sterling Power Partners, L.P.

Docket No. ER98-2782-000 Sunlaw Cogeneration Partners, L.P.

Docket No. ER99-213-000 UAE Lowell Power, L.L.C.

Docket No. ER99-1744-000 Westchester Resco Company, L.P.

Docket No. ER98-3030-000 Williams Generating Company--Hazelton

Docket No. ER97-4587-000 Wolverine Power Supply Cooperative, Inc.

Docket No. ER98-411-000

Order Denying Rehearing, Revising Reporting Requirements for Power Marketers and Power Producers with Market-Based Rate Authorization, Staying Effect of the Revised Reporting Requirements, and Establishing Procedures

Issued May 27, 1999.

On October 25, 1996, in Docket No. EL96-2573-001, Southern Company Services, Inc. (Southern) fileda request for rehearing of the Commission's letter order issued on September 25, 1996.\2\ Southern requests the Commission to revise the requirement that traditional public utilities with market-based rate authority must file service agreements for long-term (longer than one year in duration) transactions within 30 days after commencement of service. Southern asks the Commission to allow such public utilities instead to report all transactions, long-term as well as short-term, in quarterly transaction summaries, as power marketers (non-traditional public utilities, without ownership, operation or control of generation or transmission facilities) currently are permitted to do.\3\

\2\ Southern Company Services, Inc., 76 FERC para. 61,321 (1996) (September 25 Order). The September 25 Order denied confidential treatment of a rate schedule attached to a service agreement filed by Southern as agent for Georgia Power Company. While commenting (at 3) that it ``continue to believe that the Commission should allow rate schedules to be filedon a confidential basis,'' Southern does not request rehearing of the September 25 Order's denial of confidential treatment.

\3\ For purposes of this order, ``traditional public utilities'' means public utilities that own, operate or control generation and/ or transmission facilities. The Commission consistently has required such public utilities seeking blanket, open-ended market-based rate authorization--even those without a franchised service territory or captive ratepayers--to file service agreements for long-term transactions within 30 days after the date of commencement of service. See, e.g., Cataula Generating Company, L.P., 79 FERC para. 61,261 at 62,134 (1997); Kincaid Generation, L.L.C., 78 FERC para. 61,082 at 61,300-01 (1997). Any reference in this order to ``power marketers'' means public utilities without ownership, operation or control over generation and/or transmission facilities, i.e., independent power marketers and affiliated power marketers.

In addition to the categories of ``Independent Power Marketers'' and ``Affiliated Power Marketers,'' the caption of this order also lists companies under the categories of ``Affiliated Power Producers'' and ``Other Utilities with Market-Based Rates'' based on the list on the Commission's Internet site. Because these two categories may include utilities that may be, for some period of time, only power marketers, we have included them in the caption as well.

As discussed below, we will deny Southern's request for rehearing. We agree with Southern, however, that the Commission's goal of ensuring a competitive marketplace will be furthered by ending the current disparity between the reporting requirements for long-term contracts applicable to traditional public utilities selling at market-based rates and the reporting requirements applicable to power marketers. Accordingly, we are revising the reporting requirements for long-term contracts applicable to power marketers to be consistent with the reporting requirements applicable to traditional public utilities with market-based rates. Specifically, with respect to any long-term transaction agreed to by a power marketer after 30 days from the date of issuance of a final order in this proceeding, the power marketer must file a service agreement with the Commission within 30 days after service commences, rather than merely reporting transactions thereunder in its quarterly transaction summaries. We are also eliminating the requirement that power marketers file informational reports on their purchases.

We will also grant party status to all of the companies listed in the caption, and will entertain late motions to intervene filedby any other interested persons, so that they have the opportunity to seek rehearing regarding the change in policy announced herein. Further, we will delay the effectiveness of our new policy until 30 days after the issuance of a final order in this proceeding, when we will have acted upon any requests for rehearing. In the event no party requests rehearing of this order, then this order would be the final order in this proceeding. Power marketers will not be required to file long-term transactions that were agreed to or consummated prior to the effective date of this policy change.

Discussion

In an earlier proceeding involving Southern, we instituted, at Southern's behest, the practice of permitting traditional public utilities transacting under market-based rate authority to employ abbreviated reporting requirements for short-term (one year or less in duration) transactions.\4\ Specifically, we stated that all such traditional public utilities would thereafter be allowed to report short-term transactions on a summary, quarterly basis.\5\ Southern in that proceeding--requested the abbreviated filing requirements only with respect to short-term transactions. For long-term transactions, it proposed to file separate service agreements, under umbrella agreements already on file, within 30 days after commencement of service. Southern asserted, and we agreed, that short-term transactions should be treated differently, because they frequently are not the subject of separate written agreements and may be negotiated orally and documented only by log entries.\6\

\4\ See Southern Company Services, Inc., 75 FERC para. 61,130, clarified on other grounds, 75 FERC para. 61,353 (1996) (Southern I).

\5\ Southern proposed semi-annual transaction summaries, but we required the summaries to be filedquarterly, to accord with the requirements applicable to power marketers. See id., 75 FERC at 61,444.

\6\ See id.

Now, on rehearing of the September 25 Order, Southern challenges the filing requirements for long-term market-based rate transactions that Southern itself proposed in Southern I for traditional public utilities. Southern now argues that continuing the disparity between filing requirements for long-term marked-based rate transactions applicable to traditional public utilities and those applicable to power marketers is inconsistent with the Commission's goal of ensuring a level playing field in a competitive marketplace. We agree.

We do not agree, however, that the appropriate remedy is to relax the reporting requirements applicable to traditional public utilities for long-term market-based rate transactions. Rather, we believe that, as Southern argued in the Southern I proceeding, different reporting requirements are appropriate for short-term and long-term transactions. Therefore, just as power marketers and traditional public utilities currently have the same reporting requirements for short-term transactions (i.e., quarterly summaries), we conclude that they also should have the same reporting requirements for long-term transactions (i.e., filing of service agreements within 30 days after commencement of service). We discuss below our rationale for adopting reporting requirements based not on the type of seller involved, but rather on the type of transaction involved.

We initially emphasize that we are not imposing new filing requirements on power marketers. The policy change

[[Page 30008]]

we announce herein reflects our decision to rescind, on a prospective basis, the waiver that we have generally granted to power marketers of the requirement to file long-term transaction agreements.\7\ To provide those power marketers and their customers with appropriate notice of this policy change, we have included in the caption of this order the docket numbers for those power--marketers for whom we previously granted waiver of the requirement to file long-term transaction agreements. We also emphasize that this policy will apply only on a prospective basis, 30 days after the issuance of a final order in this proceeding.

\7\ Sec 28 CFR 35.1(a) (1998), which, in pertinent part, requires every public utility to file rate schedules ``setting forth all rates and charges for any transmission or sale of electric energy subject to the jurisdiction of this Commission, the classifications, practices, rules and regulations affecting such rates and charges and all contracts which in any manner affect or relate to such rates, charges, classifications, services, rules, regulations or practices, as required by section 205(c) of the Federal Power Act * * *.''

The current general practice of sellers in the industry, both traditional public utilities and power marketers, is to engage in short-term transactions that frequently are not the subject of separate written agreements. To require traditional utilities and power marketers to prepare, negotiate and file a written agreement for every short-term transaction would seriously diminish the flexibility and efficiency of the short-term market and burden the resources of both the reporting parties and the Commission. We continue to believe, therefore, that our policy of allowing all short-term market-based rate transactions to be reported in quarterly summaries correctly balances the goal of an efficient and competitive marketplace with the Commission's responsibility to ensure that such transactions comply with the requirements of the Federal Power Act (FPA).\8\

\8\ See, e.g., LG&E Power Marketing Inc., 68 FERC para. 61,247 at 62,124 (explaining that the quarterly filing requirement for marketers is necessary to ensure compliance with the FPA, to allow the Commission to evaluate the reasonableness of the rates and to provide for ongoing monitoring of the marketer's ability to exercise market power), modified on other grounds, 69 FERC para. 61,153 (1994); Enron Power Marketing, Inc., 66 FERC para. 61,244 at 61,598 (1994) (noting that the quarterly filings allow the Commission to monitor the marketer's adherence to the standards that allow it to sell at market-based rates).

For long-term transactions, on the other hand, a different balance is appropriate. Long-term transactions are almost always the subject of separate written agreements and do not normally involve the same time- sensitive pressures as short-term competitive markets. Thus, to require all entities engaging in long-term transactions to file written agreements for such transactions, within 30 days of the date service commences, in our judgment will neither impede flexibility and efficiency in the long-term market nor unduly burden the resources of the reporting parties and the Commission. Moreover, we see no reason to continue allowing power marketers a more relaxed reporting requirement for long-term transactions than that applicable to traditional utilities. Power marketers, like any other public utility, are subject to the requirement under section 205(c) of the FPA to file with the Commission for public inspection all rates, charges, classifications and practices, as well as any contracts that affect or relate thereto.\9\ As noted above, we continue to believe that quarterly transactional summaries are, on balance, appropriate under section 205(c) for short-term transactions--which, in our experience, constitute the bulk of power marketers' jurisdictional activities. To the extent, however, that power marketers are engaged in long-term transactions, we will require them, like other public utilities selling at market-based rates, to file the actual long-term agreements with the Commission rather than merely report the transactions in quarterly summaries.

\9\ Enron Power Marketing, Inc., 65 FERC para. 61,305 at 62,406 (1993), order on reh'g, 66 FERC para. 61,244 (1994); National Electric Associates Limited Partnership, 50 FERC para. 61,378 at 62,157 n.15 (1990).

Accordingly, with respect to any long-term transaction (i.e., longer than one year) agreed to or consummated by a power marketer after 30 days from the date of issuance of a final order in this proceeding, a service agreement must be filedwithin 30 days after commencement of service. To ensure clear identification of filings, and in order to facilitate the orderly maintenance of the Commission's files and public access to the documents, long-term transaction service agreements should not be filedtogether with short-term transaction summaries.\10\ We will rescind, on a prospective basis, the waiver previously granted to power marketers of the requirement to file long- term transaction agreements with the Commission.

\10\ See Consolidated Edison of New York, Inc., 78 FERC para. 61,298 at 62,286; Southern I, 75 FERC at 61,444-45.

Our new policy will apply prospectively, but it will apply to existing, as well as new, power marketers. In view of the fact that we are announcing a new policy at the rehearing stage of this proceeding, we have listed the affected power marketers, and the dockets in which they were granted market-based rate authorization, in the caption of this order, and we are directing the Secretary to publish this order in the Federal Register. Further, as a matter of administrative convenience, all of the companies listed in the caption are hereby made parties to this proceeding. With respect to other interested persons, we believe that it is appropriate to make an exception to our practice of not permitting late interventions for the purpose of filings requests for rehearing. Accordingly, we will entertain late motions to intervene in this proceeding for the purpose of filing requests for rehearing of this order.\11\ Further, we will delay the effectiveness of the new reporting requirements announced herein pending Commission action on the requests for rehearing of this order and the issuance of a final order in this proceeding.

\11\ We strongly encourage those parties with common interests to file joint requests for rehearing, to the degree possible.

As noted, the affected companies are listed in the caption of this order for purposes of providing appropriate notice. While the Commission has made a diligent effort to ensure that all affected power marketers are included in the caption of this order, it is possible that some affected power marketers are not listed. However, this policy change will apply to all power marketers, regardless of their inclusion in the caption.\12\

\12\ In the event that a power marketer that is affected by this order is not listed in the caption of this order, it should inform the Commission of that fact, including the docket number in which it was granted market-based rate authority.

It is not necessary for entities moving to intervene and/or requesting rehearing to list all of the dockets listed in the caption. Instead, in order to facilitate the processing of pleadings, for any person filing a late motion to intervene and/or a request for rehearing of this order, the caption of its pleading should refer only to ``Southern Company Services, Inc., Docket No. ER96-2573-001'' and the case-specific market-based rate docket number(s) with which it is concerned, if any. Further, as previously noted, it is possible that not all affected power marketers are included in the caption of this order. Any power marketer with market-based rate authorization not listed in the caption (or its customers) may also file a late motion to intervene and request for rehearing of this order.

[[Page 30009]]

The Commission Orders

(A) Southern's request for rehearing of the September 25 Order is hereby denied.

(B) Previously-granted waivers of the requirement to file long-term (longer than one year in duration) transaction agreements are hereby rescinded on a prospective basis, effective 30 days after the issuance of a final order in this proceeding, as discussed in the body of this order.

(C) Pursuant to Ordering Paragraph (B), the reporting requirements applicable to power marketers for long-term (longer than one year in duration) transactions are hereby revised to match those applicable to traditional public utilities, effective 30 days after the issuance of a final order in this proceeding, as discussed in the body of this order.

(D) The entities listed in the caption of this order are hereby made parties to this proceeding.

(E) The Secretary shall promptly publish a copy of this order in the Federal Register.

By the Commission. Commissioner Bailey concurred with a separate statement attached. Linwood A. Watson, Jr., Acting Secretary.

Bailey, Commissioner, concurring

I strongly support this order to the extent it equalizes the reporting requirements for both marketers and traditional utilities which have Commission authorization to sell power at market-based rates.

I have previously questioned the rationale, if any, for different reporting requirements for different types of sellers with market-based power sales authority.\1\ I can see no reason, in a post-Order No. 888 world of increased competition and nondiscriminatory access to transmission service, to treat marketers any differently than traditional utilities for purposes of reporting their power sales transactions. I have been concerned that the disparity in reporting requirements could somehow confer a competitive advantage on those power sellers with a lesser reporting obligation and, perhaps, without the same obligation to disclose commercially sensitive information. Today's order removes that disparity.

\1\ See Clarksdale Public Utilities Commission v. Energy Services, Inc., 85 FERC para. 61,268 at 62,079-80 ((1998) concurring statement).

I am less certain as to the desirability of the Commission's means to remove the disparity in reporting requirements. The Commission chooses to increase the reporting requirements applicable to power marketers by obligating them to file for Commission review all long-term power sales agreements (which now need only be reflected in quarterly transaction summaries). In my opinion, the better approach might be to decrease the reporting requirements applicable to traditional utilities by allowing them to reflect their long-term transactions in the quarterly reports they currently are allowed to file for all short-term transactions.

Today's order explains why power marketers should not be particularly burdened by the new filing requirement, since long-term agreements typically are reduced to writing anyway. Today's order does not explain, however, how the filing (as opposed to the quarterly reporting) of long-term agreements by marketers and traditional utilities alike will materially help the Commission in its monitoring of competitive markets and in its responsibility to ensure that all wholesale power rates are just and reasonable.

I suspect the benefit, from the Commission's perspective, in the filing of long-term power sales agreements lies in the belief that the such filing will convey more and better information (on price, terms and conditions) than that reflected in the quarterly reports the Commission receives. If, so, I question whether the better approach is not to add to the filing requirements of power marketers, but rather to standardize and improve the quantity and quality of information reflected in the quarterly reports they submit.

Even if there is no general obligation to file long-term agreements, the Commission presumably would continue to require their filing to the extent they reflect a transaction among affiliates.\2\ Moreover, since, as the order explains, the quarterly reporting requirement for short-term transactions is based on a discretionary waiver of the section 205 notice and filing requirement, the Commission could rescind that waiver, and require the filing of any agreement, at any time--such as upon the filing of a customer complaint. (This is analogous to the Commission's commitment to rescind any waiver of the Order No. 888 (open access tariff) and 889 (OASIS and separation of functions) requirements upon the filing of a customer complaint \3\).

\2\ The Commission has long required power marketers with market-based rate authorization to commit in their tariffs not to sell power to or purchase power from an affiliated traditional utility, and vice versa, unless the Commission first approves such a transaction in a separate rate filing under section 205 of the FPA. Cf., e.g., Detroit Edison Company, 80 FERC para. 61,348 (1997); GPU Advanced Resources, Inc., 81 FERC para. 61,335 (1997).

\3\ See Central Minnesota Municipal Power Agency, 79 FERC para. 61,260 at 61,127 (1997); Easton Utilities Commission, et al., 83 FERC para. 61,334 (1998).

It may be useful to consider this issue in a more global context. The Commission might want to consider that type of information it (and the public) needs from the sellers of power at market-based rates at the same time it considers other reporting and filing improvements--for example, at the time it considers revisions to the FERC Form 1 reporting requirements applicable to all public utilities.

And I am reluctant to insist upon generic improvements to Commission reporting and filing requirements in the context of our action on a single request for rehearing filedalmost three years ago by a single utility in a particular adjudication. Today's order, recognizing the Commission's adoption of new policy, grants party status to power marketers, which might otherwise be caught off- guard, for the purpose of seeking rehearing of this rehearing order. I welcome any comment as to whether the Commission should employ a different method for equalizing the reporting and filing requirements applicable to power marketers and traditional utilities. Vicky A. Bailey, Commissioner.

[FR Doc 99-14120Filed6-3-99; 8:45 am]

BILLING CODE 6717-01-M