Docket No. ER19-315-000 1
FEDERAL ENERGY REGULATORY COMMISSION
WASHINGTON, DC 20426
OFFICE OF ENERGY MARKET REGULATION
New York Independent System Operator, Inc.
Issued: December 31, 2018
Amie Jamieson
New York Independent System Operator, Inc.
10 Krey Boulevard
Rensselaer, NY 12144
Reference:New York Independent System Operator, Inc. Proposed Tariff Amendments to Modify the Unsecured Credit Scoring Model
On November 9, 2018, you filed, on behalf of New York Independent System Operator, Inc. (NYISO), proposed amendments to NYISO’s Market Administration and Control Area Services Tariff (Services Tariff).[1] You state that the proposed amendments better align NYISO’s credit assessment for unsecured credit with the factors that are predictive of the potential for creditworthiness default. Specifically, you state that the amendments replace the current “Revenue Market Capitalization” variable with the replacement variable “Total Assets” in NYISO’s credit assessment for public entities.
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, effective January 9, 2019, as requested.
The filing was noticed on November 9, 2018, with comments, interventions, and protests due on or before November 30, 2018. Pursuant to Rule 214 (18 C.F.R. § 385.214 (2018)), 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.
Issued by:
Regulation – East
[1] New York Independent System Operator, Inc., NYISO Services Tariff, NYISO MST, 26.5 MST Att K Unsecured Credit, 7.0.0, and NYISO MST, 26.14 MST Att K Material Adverse Change, 6.0.0.