FERC Staff Releases Contested Audit Report; NERC Disappointed at Lack of Chance to Resolve Differences
WASHINGTON, DC – The North American Electric Corporation (NERC) is disappointed in the unwillingness of the Office of Enforcement of the Federal Energy Regulatory Commission (FERC) to work toward resolution of a recent “economy and efficiency” audit of NERC, choosing instead to litigate many aspects of the audit.
Today the FERC Office of Enforcement released an “economy and efficiency” audit of NERC that began in August 2011. On April 23, 2012, NERC responded to a draft of the audit report with constructive changes, factual corrections and a proposal to support, in modified form, 34 of the 42 recommendations. A meeting with FERC's senior staff also was requested to discuss the legal and policy issues raised in the draft report. A copy of NERC’s response is provided on the NERC website.
Instead, the Office of Enforcement has declined to negotiate as is the norm and, instead, opted to initiate litigation on portions of the audit findings and recommendations. NERC is disappointed at this audit process and is dismayed that the Office of Enforcement, acting under delegated authority, declined the request to work toward resolution of these matters.
Posted On: 05/04/2012