Western Electricity Coordinating Council, Peak Reliability, FERC and NERC Reach Settlement Agreement
WASHINGTON, D.C. – A settlement agreement was issued between the Western Electricity Coordinating Council, Peak Reliability, the Federal Energy Regulatory Commission and the North American Electric Reliability Corporation today for violations of NERC Reliability Standards by WECC related to a September 8, 2011 system event. The civil penalty of $16 million will be split as follows: $3 million between the U.S. Treasury and NERC, which will be paid in three installments over a two-year period. The remaining $13 million will be put toward investments for reliability enhancements that go beyond the mitigation of the violations resolved in the settlement agreement.
The agreement is the sixth and final settlement related to the FERC-NERC joint investigation into the outage that left more than five million people in Southern California, Arizona and Baja California, Mexico, without power for up to 12 hours.
WECC and Peak stipulated to the facts in the agreement. Click for FERC News Release and Order.
Posted On: 05/27/2015