Michigan Coop Asks FERC to Change Cost Order
Michigan’s Cloverland Electric Cooperative (Cloverland) has asked the Federal Energy Regulatory Commission (FERC) to reverse an order requiring Cloverland to pay potentially millions in costs for a plant from which Cloverland argues it derives no direct benefit. When investor-owned utility We Energies decided to close its coal-fired Presque Isle Power Plant, the Midcontinent Independent System Operator (MISO) concluded that the plant should stay online in order to ensure grid reliability. FERC approved a plan developed by MISO and We Energies under which Wisconsin utilities paid 92 percent of the plant’s roughly $52 million in annual operating costs. However, FERC has recently issued an order with a new cost formula that would require Cloverland to pay up to 26 percent of the plant’s costs. Click here for more.
