[Federal Register: November 2, 1998 (Volume 63, Number 211)]
[Notices]               
[Page 58713]
From the Federal Register Online via GPO Access [wais.access.gpo.gov]
[DOCID:fr02no98-53]

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DEPARTMENT OF ENERGY

Federal Energy Regulatory Commission

 
Atlantic City Electric Company, Baltimore Gas & Electronic 
Company, Delmarva Power & Light Company, GPU Service Corporation, PECO 
Energy Company, Potomac Electric Power Company, PP&L, Inc., Public 
Service Electric & Gas Company

[Docket Nos. ER97-3189-001, ER97-3189-002, ER97-3189-003, ER97-3189-
004, ER97-3189-005, ER97-3189-006, ER97-3189-007, ER97-3189-008 (Not 
Consolidated)]
Notice Deferring Implementation of Settlements and Extension of the 
Time for Making Refunds
October 27, 1998.
    On October 9, 1998, PJM Interconnection, L.L.C. (PJM) filed a 
motion requesting that the Commission defer the implementation of the 
settlements filed, or to be filed, in the above-docketed proceedings. 
PJM's motion also requested that the Commission extend the time for PJM 
to make refunds and file its compliance reports until such time as the 
Commission has acted upon all of the aforementioned settlements.
    In its motion, PJM requests that the Commission defer 
implementation of all the settlements filed, or to be filed, in the 
above-captioned proceedings in order to avoid PJM making piecemeal 
recalculations of system-wide rates and multiple refunds. PJM further 
states that implementing the settlements individually would require PJM 
to engage in a complex, time-consuming refund process, whereas a single 
recalculation of the rates and a single refund computation upon 
approval of all of the settlements is more practical and far less 
burdensome. The motion also states that PJM's customers would not be 
prejudiced by deferring implementation of the settlement rates and 
refunds because PJM will be refunding any over-collections with 
interest to the date of the refunds, regardless of the date that the 
refunds are made.
    Upon consideration, notice is hereby given that an extension of 
time for the implementation of the rates, terms, and conditions of all 
offers of settlement approved in the Letter Orders dated September 18, 
1998 in Baltimore Gas & Electric Company, Docket No. ER97-3189-002, 
Potomac Electric Power Company, Docket No. ER97-3189-006, and Public 
Service Electric & Gas Company, Docket No. ER97-3189-008, is granted 
until such time as the Commission has acted upon all of the settlements 
in these proceedings.
    An extension of time within which PJM must make refunds in Docket 
Nos. ER97-3189-002, ER97-3189-006 and ER97-3189-008 is granted to and 
including 90 days from the date of approval of all of the settlements. 
PJM shall file the necessary compliance reports 30 days thereafter. 
Finally, PJM shall file the requisite tariff sheets reflecting the 
settlement rates 30 days after the date of approval of all of the 
settlements.
    The extensions of time granted herein apply only to the three 
proceedings in which the Commission has already issued Letter Orders, 
discussed above.
David P. Boergers,
Secretary.
[FR Doc. 98-29272 Filed 10-30-98; 8:45 am]
BILLING CODE 6717-01-M