FERC Approves 2017 Business Plans and Budgets
WASHINGTON, D.C.The Federal Energy Regulatory Commission took action on NERC and the Regional Entities’ 2017 Business Plans and Budgets at its monthly open meeting on October 20. FERC issued an order approving the 2017 business plans and budgets of NERC, the Regional Entities and the Western Interconnection Regional Advisory Body (WIRAB). The order also authorizes the issuances of billing invoices to fund the 2017 fiscal year operations and grants NERC’s request to allocate certain penalty moneys to NERC’s assessment stabilization reserve and to use certain existing funds from the assessment stabilization reserve to reduce 2017 assessments.
NERC appreciates the ongoing input and support of stakeholders, the Member Representatives Committee and the NERC standing committees throughout the business plan and budget development process.
Posted On: 10/20/2016