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Priority review Enforcement Added Final

New Brunswick Energy Marketing Corporation - Section 206 Market Power Proceeding Order

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Summary

FERC issued an order instituting a Section 206 proceeding against New Brunswick Energy Marketing Corporation to examine updated market power analysis. The order establishes a refund effective date under dockets ER14-225-010 and EL26-50-000. FERC Citation: 195 FERC 61,007.

What changed

FERC has instituted a formal Section 206 proceeding under the Federal Power Act to examine whether New Brunswick Energy Marketing Corporation continues to possess market-based rate authority. The order addresses updated market power analysis and establishes a refund effective date, signaling potential liability for refunds if the company is found to have exercised market power. The proceeding is docketed as ER14-225-010 and EL26-50-000.

Regulated entities and market participants should review this order to understand the standards FERC will apply when evaluating market power. New Brunswick Energy Marketing Corporation must demonstrate the absence of market power or face potential refunds to customers for the established refund effective date. Energy companies with market-based rate authority should ensure their market power analyses remain current and defensible.

What to do next

  1. Review FERC market power analysis standards applicable to market-based rate authority
  2. Verify that internal market power analyses are current and compliant
  3. Assess potential refund exposure if market power findings are adverse

Penalties

Potential customer refunds established through refund effective date if market power is found

Archived snapshot

Apr 4, 2026

GovPing 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.

Document Info for Accession Number: 20260403-3045

Details Document: 04/03/2026
Filed: 04/03/2026
Posted: 04/03/2026 02:19:05 PM
First Received Date: 04/03/2026 02:09:25 PM
Security Level: Public
Official: Yes
E-filing: No
Non-decisional: No
Category: Issuance
Library: Electric
Aperture: 0
File Type:
Description* :** Order on Updated Market Power Analysis, Instituting Section 206 Proceeding, and Establishing Refund Effective Date re New Brunswick Energy Marketing Corporation under ER14-225 et al.
File List

| Docket | Sub-Docket | Type |
| --- | --- | --- |
| ER14-225 | 010 | On Document |
| EL26-50 | 000 | On Document |

| Document Class | Document Type |
| --- | --- |
| Order/Opinion | Commission Order/Opinion |

| Correspondent | Last Name | First Name | MI | Role/Org |
| --- | --- | --- | --- | --- |
| AUTHOR | * | * | | COMMISSIONERS AND IMMEDIATE STAFF (THE COMMISSION) |
| AUTHOR | Clay | C | D | SECRETARY OF THE COMMISSION - FERC |

| Associate Type | Associate Numbers |
| --- | --- |
| Ferc Cite Number | 195FERC61,007 |

Named provisions

Section 206 Proceeding Updated Market Power Analysis Refund Effective Date

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Source document text, dates, docket IDs, and authority are extracted directly from FERC.

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Last updated

Classification

Agency
FERC
Filed
April 3rd, 2026
Instrument
Enforcement
Legal weight
Binding
Stage
Final
Change scope
Substantive
Document ID
195 FERC 61,007
Docket
ER14-225 EL26-50

Who this affects

Applies to
Energy companies Investors
Industry sector
2210 Electric Utilities 5231 Securities & Investments
Activity scope
Electricity Market Operations Market Power Analysis Wholesale Electricity Rates
Geographic scope
United States US

Taxonomy

Primary area
Energy
Operational domain
Compliance, Legal
Topics
Electric Utilities Securities

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