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FERC Issues Order on FRCC Audit Report

On June 23, 2010, FERC issued an order in Docket No. PA09-7-000 approving the Audit Report prepared by FERC Staff concerning its findings and recommendations with respect to the Florida Reliability Coordinating Council’s (FRCC's) Regional Entity function. The Audit was intended to help FERC determine whether, consistent with Order No. 672, the FRCC Regional Entity is sufficiently independent from the FRCC Member Services Division.  FERC concluded, that “upon implementation of the applicable recommendations FRCC prospectively will satisfy the requirement that it ‘demonstrate[s] a strong separation between oversight and operational functions.’”  To read the order and attached Audit Report, click here.