FERC Revocation of Market-Based Rate Authority and Tariff Termination

Regulations.gov Proposed Rules

Filed March 20th, 2026

Detected March 25th, 2026

Summary

The Federal Energy Regulatory Commission (FERC) has revoked the market-based rate authority and terminated the electric market-based rate tariffs of several public utilities. These actions were taken because the utilities failed to file their required Electric Quarterly Reports by the deadline set in a prior order.

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What changed

The Federal Energy Regulatory Commission (FERC) has issued a notice revoking the market-based rate authority and terminating the electric market-based rate tariffs for specific public utilities. This action follows the utilities' failure to submit delinquent Electric Quarterly Reports (EQRs) within 15 days of the Commission's March 2, 2026 order. The revocation is effective as of the date of this notice, March 20, 2026.

Public utilities affected by this notice must cease selling power at market-based rates and will no longer operate under their previously approved market-based rate tariffs. Failure to comply with EQR filing requirements has direct and immediate consequences for their ability to conduct energy sales. Affected entities should immediately cease market-based rate sales and ensure all tariff obligations are met, or seek alternative rate authority if applicable.

What to do next

Cease market-based rate sales
Confirm tariff termination
Review EQR filing requirements for future compliance

Penalties

Revocation of market-based rate authority and termination of electric market-based rate tariffs.

Source document (simplified)

Content

On March 2, 2026, the Commission issued an order announcing its intent to revoke the market-based rate authority of several
public utilities that had failed to file their required Electric Quarterly Reports. (1) The Commission directed those public utilities to file the required Electric Quarterly Reports within 15 days of the date
of issuance of the order or face revocation of their authority to sell power at market-based rates and termination of their
electric market-based rate tariffs. (2)

The time period for compliance with the March 2 Order has elapsed. The above-captioned companies failed to file their delinquent
Electric Quarterly Reports. The Commission hereby revokes, effective as of the date of issuance of this notice, the market-based
rate authority and terminates the electric market-based rate tariff of each of the companies who are named in the caption
of this order.

Dated: March 20, 2026. Debbie-Anne A. Reese, Secretary. [FR Doc. 2026-05834 Filed 3-24-26; 8:45 am] BILLING CODE 6717-01-P