Document ID: FERC-2010-1071-0001
Agency: ferc
Document Type: Notice
Title: Revocations of Market-Based Rate Tariffs: Electric Quarterly Reports; Strategic Energy Management Corp.; Solaro Energy Marketing Corp.
Posted Date: 2010-08-02T04:00Z

[Federal Register: August 2, 2010 (Volume 75, Number 147)]
[Notices]               
[Page 45111-45112]
From the Federal Register Online via GPO Access [wais.access.gpo.gov]
[DOCID:fr02au10-53]                         

-----------------------------------------------------------------------

DEPARTMENT OF ENERGY

Federal Energy Regulatory Commission

[Docket No. ER02-2001-015; Docket No. ER00-167-000; Docket No. ER03-
752-000]

 
Electric Quarterly Reports; Strategic Energy Management Corp.; 
Solaro Energy Marketing Corporation; Notice of Revocation of Market-
Based Rate Tariff

July 23, 2010.
    On June 25, 2010, the Commission issued an order announcing its 
intent to revoke the market-based rate authority of the above captioned 
public utilities, which had failed to file their required Electric 
Quarterly Reports.\1\ The Commission provided the utilities fifteen 
days in which to file their overdue Electric Quarterly Reports or face 
revocation of their market-based rate tariffs.
---------------------------------------------------------------------------

    \1\ Electric Quarterly Reports, 131 FERC ] 61,272 (2010) (June 
25 Order).
---------------------------------------------------------------------------

    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\
---------------------------------------------------------------------------

    \2\ Revised Public Utility Filing Requirements, Order No. 2001, 
67 Fed. Reg. 31,043, FERC Stats. & Regs. ] 31,127, 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), order 
directing filing, Order No. 2001-D, 102 FERC ] 61,334 (2003).
---------------------------------------------------------------------------

    In the June 25 Order, the Commission directed Strategic Energy 
Management Corp. and Solaro Energy Marketing Corporation 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\
---------------------------------------------------------------------------

    \3\ June 25 Order at Ordering Paragraph A.

---------------------------------------------------------------------------

[[Page 45112]]

    The time period for compliance with the June 25 Order has elapsed. 
The two companies identified in the June 25 Order (Strategic Energy 
Management Corp. and Solaro Energy Marketing Corporation) have failed 
to file their delinquent Electric Quarterly Reports.
    The Commission hereby revokes the market-based rate authority and 
terminates the electric market-based rate tariffs of the above-
captioned public utilities.

Kimberly D. Bose,
Secretary.
[FR Doc. 2010-18840 Filed 7-30-10; 8:45 am]
BILLING CODE 6717-01-P