FEDERAL ENERGY REGULATORY COMMISSION

WASHINGTON, D.C. 20426

OFFICE OF ENERGY MARKET REGULATION

New York Independent System Operator, Inc.

Docket No. ER17-2108-000

Issued:  8/15/17 

New York Independent System Operator, Inc.

10 Krey Boulevard

Rensselaer, NY 12144

Attention: Amie Jamieson

      Attorney/Registered In-House Counsel

Reference: Elimination of Bond Funds from Cash Collateral Investment Options

Dear Ms. Jamieson:

On July 19, 2017, New York Independent System Operator, Inc. (NYISO), submitted proposed amendments to its Open Access Transmission Tariff and Market Administration and Control Area Services Tariff to remove the option for market participants to elect to invest their NYISO cash collateral deposits in a choice of two bond funds and to clarify language related to the actions the NYISO must take in relation to a defaulting customer’s funds held by the NYISO.[1]

Pursuant to the authority delegated to the Director, Division of Electric Power Regulation – East, under 18 C.F.R. § 375.307, your submittal is accepted for filing, effective September 18, 2017, as requested.

The filing was noticed on July 19, 2017, with comments, interventions, and protests due on or before August 9, 2017.  Pursuant to Rule 214 (18 C.F.R. § 385.214 (2017)), to the extent that any timely filed motions to intervene and any motion to intervene out-of-time were filed before the issuance date of this order, such interventions are granted.  Granting late interventions at this stage of the proceeding will not disrupt the proceeding or place additional burdens on existing parties. 

This acceptance for filing shall not be construed as constituting approval of the referenced filing or of any rate, charge, classification, or any rule, regulation, or practice affecting such rate or service contained in your filing; nor shall such acceptance be deemed as recognition of any claimed contractual right or obligation associated therewith; and such acceptance is without prejudice to any findings or orders which have been or may hereafter be made by the Commission in any proceeding now pending or hereafter instituted by or against NYISO.

This order constitutes final agency action. Requests for rehearing by the Commission may be filed within 30 days of the date of issuance of this order, pursuant to 18 C.F.R. § 385.713.

Sincerely,

Kurt M. Longo, Director

Division of Electric Power

  Regulation – East

[1] New York Independent System Operator, Inc., NYISO Tariffs, NYISO OATT, 27 OATT Attachment U - Declaration And Recovery Of Bad Debt, 5.0.0, NYISO OATT, 28 OATT Attachment V - ISO Working Capital Fund, 2.0.0, NYISO MST, 26.6 MST Att K Use of Collateral, 5.0.0.