FERC Revokes MBR Authorization of 26 Suppliers for Delinquent EQRs

On October 30, 2014, the Federal Energy Commission issued an order revoking the market-based rate (“MBR”) authorization of twenty-six (26) retail suppliers for failure to timely file Electric Quarterly Reports (“EQRs”). The FERC had notified these suppliers on October 9, 2014, along with seventeen other entities, that their MBR authority would be revoked unless the sellers filed all delinquent EQRs within fifteen days. FERC did not revoke MBR authorization from the other entities that received a delinquency notice on October 9 but have since filed either missing EQRs or requested additional time.

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