FERC Institutes Section 206 Proceeding for ISO New England Tariff

Regs.gov: Federal Energy Regulatory Commission

Filed March 11th, 2026

Detected March 17th, 2026

Summary

The Federal Energy Regulatory Commission (FERC) has instituted a Section 206 proceeding against ISO New England Inc. (ISO-NE) to investigate its Transmission, Markets and Services Tariff. The proceeding will determine if the tariff is unlawful due to a lack of provisions for correcting erroneous payments or charges to market participants.

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What changed

FERC has initiated an investigation under Section 206 of the Federal Power Act (FPA) into ISO New England Inc.'s (ISO-NE) Transmission, Markets and Services Tariff. The proceeding, identified under Docket No. EL26-45-000, aims to determine if the tariff is unjust, unreasonable, or otherwise unlawful because it lacks mechanisms to correct improper or erroneous payments or charges to market participants. The refund effective date will be the date of publication in the Federal Register.

Interested parties must file a notice of intervention or motion to intervene within 21 days of the order's issuance. Regulated entities and market participants should review the tariff provisions related to payment corrections and consider filing to be heard in the proceeding. Failure to intervene may affect their ability to influence the outcome or seek redress for past erroneous payments.

What to do next

File notice of intervention or motion to intervene within 21 days of March 10, 2026, if desiring to be heard.
Review ISO New England's Transmission, Markets and Services Tariff for provisions related to payment corrections.
Monitor FERC's Federal Register publication for the refund effective date.

Source document (simplified)

Content

On March 10, 2026, the Commission issued an order in Docket No. EL26-45-000 pursuant to section 206 of the Federal Power Act
(FPA), 16 U.S.C. 824e, instituting an investigation to determine whether ISO New England Inc.'s (ISO-NE) Transmission, Markets
and Services Tariff may be unjust, unreasonable, unduly discriminatory or preferential, or otherwise unlawful because it lacks
provisions that would enable ISO-NE to correct improper or erroneous payments or charges to market participants in ISO-NE's
markets. ISO New England Inc., 194 FERC ¶ 61,187 (2026).

The refund effective date in Docket No. EL26-45-000, established pursuant to section 206(b) of the FPA, will be the date of
publication of this notice in the
Federal Register
.

Any interested person desiring to be heard in Docket No. EL26-45-000 must file a notice of intervention or motion to intervene,
as appropriate, with the Federal Energy Regulatory Commission, in accordance with Rule 214 of the Commission's Rules of Practice
and Procedure, 18 CFR 385.214 (2025), within 21 days of the date of issuance of the order.

In addition to publishing the full text of this document in the
Federal Register
, the Commission provides all interested persons an opportunity to view and/or print the contents of this document via the
internet through the Commission's Home Page (http://www.ferc.gov) using the “eLibrary” link. Enter the docket number excluding the last three digits in the docket number field to access
the document. From FERC's Home Page on the internet, this information is available on eLibrary. The full text of this document
is available on eLibrary in PDF and Microsoft Word format for viewing, printing, and/or downloading. To access this document
in eLibrary, type the docket number excluding the last three digits of this document in the docket number field. User assistance
is available for eLibrary and the FERC's website during normal business hours from FERC Online Support at 202-502-6652 (toll
free at 1-866-208-3676) or email at ferconlinesupport@ferc.gov, or the Public Reference Room at 202-502-8371, TTY 202-502-8659. Email the Public Reference Room at public.referenceroom@ferc.gov.

The Commission strongly encourages electronic filings of comments, protests and interventions in lieu of paper using the “eFile”
link at http://www.ferc.gov. In lieu of electronic filing, you may submit a paper copy. Submissions sent via the U.S. Postal Service must be addressed
to: Debbie-Anne A. Reese, Secretary, Federal Energy Regulatory Commission, 888 First Street NE, Room 1A, Washington, DC 20426.
Submissions sent via any other carrier must be addressed to: Debbie-Anne A. Reese, Secretary, Federal Energy Regulatory Commission,
12225 Wilkins Avenue, Rockville, Maryland 20852.

For public inquiries and assistance with making filings such as interventions, comments, or requests for rehearing, contact
the Office of Public Participation at 202-502-6595 or OPP@ferc.gov.

Dated: March 11, 2026. Carlos D. Clay, Deputy Secretary. [FR Doc. 2026-05071 Filed 3-13-26; 8:45 am] BILLING CODE 6717-01-P