Cleco Power
FERC dismissed a Louisiana city’s complaint that Cleco Power collected excess revenue because its rates did not immediately reflect the 2018 tax cut.
FERC approved Cleco’s $1 billion acquisition of eight NRG Energy generation assets in MISO South along with the plants' wholesale contracts.
The current ERCOT market design “will support more than sufficient reserve margins,” according to a draft report the grid operator filed with the Texas PUC.
FERC opened an investigation to determine whether the cost recovery for a Cleco Power plant that serves as a MISO system support resource (SSR) unit is justifiable.
FERC approved MISO’s proposed system support resource agreement for Cleco Power’s Teche 3.
FERC ordered a pay cut for MISO transmission owners, reducing their ROE to 10.32% from 12.38%.
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