Cases & Deals

  • Home
  • Practices
  • OGE Energy obtains FERC authorization for incentive rate treatment for each of its seven transmission projects

Share

OGE Energy obtains FERC authorization for incentive rate treatment for each of its seven transmission projects

April 2011

Client(s) OGE Energy Corp.

Jones Day obtained FERC authorization for transmission rate incentives for each of seven transmission projects to be constructed by OG&E within the SPP region at projected cost of over $900 million. FERC's orders, which approved 100 percent CWIP recovery in rate base and authorized full cost recovery in the event that one or more of the projects was subsequently canceled or abandoned for reasons beyond OG&E's control, included the first successful request for such incentives by a utility pursuant to FERC's revised standards applicable to a group of transmission projects.

Contacts

Before sending, please note:

Information on www.jonesday.com is for general use and is not legal advice. The mailing of this email is not intended to create, and receipt of it does not constitute, an attorney-client relationship. Anything that you send to anyone at our Firm will not be confidential or privileged unless we have agreed to represent you. If you send this email, you confirm that you have read and understand this notice.