New Brunswick Energy Marketing Corp Section 206 Proceeding
Summary
FERC issued an order on April 3, 2026, in Docket No. EL26-50-000 instituting a Section 206 investigation under the Federal Power Act to examine whether New Brunswick Energy Marketing Corporation's market-based rate authority remains just and reasonable. The refund effective date is set to the date of Federal Register publication. Interested parties have 21 days from the order issuance to file interventions.
What changed
FERC initiated a formal Section 206 investigation to evaluate whether New Brunswick Energy Marketing Corporation continues to satisfy the requirements for market-based rate authority under the Federal Power Act. The investigation centers on whether the rates, terms, and conditions of service remain just and reasonable without traditional cost-of-service regulation.
Energy companies and market participants with similar market-based rate authorizations should monitor this proceeding closely, as FERC's findings could signal heightened scrutiny of market-based rate approvals. Intervention filings are due within 21 days of the April 3 order issuance, and failure to participate may limit ability to influence the outcome. Entities should review their own market-based rate compliance programs in light of potential precedential implications from this investigation.
What to do next
- File notice of intervention or motion to intervene with FERC within 21 days of April 3, 2026
- Submit comments or protests if desired
- Monitor for subsequent FERC orders in Docket No. EL26-50-000
Archived snapshot
Apr 8, 2026GovPing captured this document from the original source. If the source has since changed or been removed, this is the text as it existed at that time.
Content
On April 3, 2026, the Commission issued an order in Docket No. EL26-50-000 pursuant to section 206 of the Federal Power Act
(FPA), 16 U.S.C. 824e, instituting an investigation to determine whether New Brunswick Energy Marketing Corporation's market-based
rate authority remains just and reasonable. New Brunswick Energy Marketing Corporation, 195 FERC ¶ 61,007 (2026).
The refund effective date in Docket No. EL26-50-000 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. EL26-50-000 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: April 3, 2026. Carlos D. Clay, Deputy Secretary. [FR Doc. 2026-06754 Filed 4-7-26; 8:45 am] BILLING CODE 6717-01-P
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