On November 9th, FERC rejected MISO’s compliance filing for Order 831 (Energy Offer Cap Revision). MISO and the IMM are currently reviewing the order, which requires the filing of a modified proposal within 60 days. The system changes planned for December 1st, 2017, related to the Energy Offer Cap, have been suspended until further notice. Similar to the previous three years, MISO will file a tariff waiver for the upcoming winter season that will allow resources to recover verifiable incremental energy costs in excess of the $1000 offer cap.
If you have any questions, please contact Client Relations at 1-866-296-6476, option 3. For technical support from the IT Operations Center, choose option 2.