In June 2011, MISO asked the Federal Energy Regulatory Commission (FERC) to waive, during a transition period, tariff provisions related to the cost allocation of network upgrades associated with Multi-Value Projects in order to establish a smooth and fair transition for integrating Entergy operating companies into MISO.

FERC has advised MISO that submission of modified tariff sheets is the appropriate vehicle for seeking this change. FERC did not speak to the merits of the waiver request, in fact, noting that “(w)e make no findings here as to the nature or the duration of any transition arrangements that may be appropriate to integrate Entergy into MISO.”

Based on this FERC guidance, MISO will work with its stakeholders to quickly craft the appropriate changes to its tariff that will accomplish the same objectives sought in the waiver.

Aldie Warnock, MISO's government and regulatory affairs vice president, issued the following statement: “Our objective is simple. As Entergy transitions into the MISO market, we want to make sure that both existing customers and new ones only pay for projects that benefit them. That's what we sought to do with this waiver, and we will continue to pursue that objective under the direction the FERC has provided.”

For more information, visit www.midwestiso.org.