Document ID: FERC-2009-1509-0001
Agency: ferc
Document Type: Notice
Title: Electric Quarterly Reports; Take Two, LLC; Notice of Revocation of Market-Based Rate Tariffs
Posted Date: 2009-10-05T04:00Z

[Federal Register: October 5, 2009 (Volume 74, Number 191)]
[Notices]               
[Page 51148]
From the Federal Register Online via GPO Access [wais.access.gpo.gov]
[DOCID:fr05oc09-44]                         

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DEPARTMENT OF ENERGY

Federal Energy Regulatory Commission

[Docket No. ER02-2001-008; Docket No. ER06-63-000]

 
Electric Quarterly Reports; Take Two, LLC; Notice of Revocation 
of Market-Based Rate Tariffs

October 23, 2008.
    On September 18, 2008, the Commission issued an order announcing 
its intent to revoke the market-based rate authority of two public 
utilities that had failed to file their required Electric Quarterly 
Reports.\1\ The Commission gave the utilities fifteen days in which to 
file their overdue Electric Quarterly Reports or face revocation of 
their market-based rate tariffs.
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    \1\ Electric Quarterly Reports, 124 FERC ] 61,242 (2008) 
(September 18 Order).
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    In Order No. 2001, the Commission revised its public utility filing 
requirements and established a requirement for public utilities, 
including power marketers, to file Electric Quarterly Reports 
summarizing the contractual terms and conditions in their agreements 
for all jurisdictional services (including market-based power sales, 
cost-based power sales, and transmission service) and providing 
transaction information (including rates) for short-term and long-term 
power sales during the most recent calendar quarter.\2\
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    \2\ Revised Public Utility Filing Requirements, Order No. 2001, 
67 FR 31,043, FERC Stats. & Regs. ] 31,127 (April 25, 2002), reh'g 
denied, Order No. 2001-A, 100 FERC ] 61,074, reconsideration and 
clarification denied, Order No. 2001-B, 100 FERC ] 61,342, order 
directing filings, Order No. 2001-C, 101 FERC ] 61,314 (2002).
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    In the September 18 Order, the Commission directed Solaro Energy 
Marketing Corporation and Take Two, LLC. each to file the required 
Electric Quarterly Reports within 15 days of the date of issuance of 
the order or face revocation of their authority to sell power at 
market-based rates and termination of their electric market-based rate 
tariffs. \3\
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    \3\ September 18 Order at Ordering Paragraph A.
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    The time period for compliance with the September 18 Order has 
elapsed. One company identified in the September 18 Order (Take Two, 
LLC) has failed to file its delinquent Electric Quarterly Reports.
    The Commission hereby revokes this company's market-based rate 
authority and terminates the electric market-based rate tariff.

Nathaniel J. Davis, Sr.,
Deputy Secretary.
[FR Doc. E9-23950 Filed 10-2-09; 8:45 am]

BILLING CODE 6717-01-P