Forfeited

FERC Imposes Penalties for Capacity Release Rules Violations

The almost $7 million to be forfeited by Constellation NewEnergy-Gas Division LLC and the $400,000 levied against Entergy New Orleans Inc. in separate cases for violations of FERC’s capacity release rules could have been much higher if the companies had not self-reported the violations, Federal Energy Regulatory (FERC) Chairman Joseph T. Kelliher said in announcing consent agreements with the companies March 11.

March 17, 2008