APS, FERC and NERC Reach Settlement Agreement on September 2011 Southwest Blackout
WASHINGTON, DC – A settlement agreement was issued between Arizona Public Service Company (APS), the Federal Energy Regulatory Commission and the North American Electric Reliability Corporation on July 7 in the amount of $3.25 million for violations of NERC Reliability Standards by APS related to a September 8, 2011 system event. The civil penalty of $3.25 million will be split as follows: $2 million between the U.S. Treasury and NERC, and $1.25 million for APS investments in reliability enhancement measures that go beyond the mitigation of the violations that are resolved in the settlement agreement.
Posted On: 07/07/2014