FERC Asked to Reconsider Avoided-cost Order
Metropolitan Edison Co. (ME) and Pennsylvania Electric Co. (PE), subsidiaries of General Public Utilities Corp. (GPU), have asked the Federal Energy Regulatory Commission (FERC) for rehearing on parts of its July 6 order, which the two companies had challenged under the Public Utility Regulatory Policies Act in Pennsylvania (Docket No. EL95-41-000).
Specifically, the utilities had challenged the Pennsylvania Public Utility Commission's (PUC's) method of using a coal plant proxy to calculate a default level of avoided costs.