FR 2020-29166

This document serves as a supplemental notice regarding an application submitted by Mayflower Power & Gas LLC to the Federal Energy Regulatory Commission (FERC). The application seeks approval for market-based rate authority while requesting a blanket authorization for future issuances of securities and assumptions of liability. Stakeholders and interested parties are given until January 18, 2021, to file any protests or to intervene.

General Summary of the Document

The notice announces Mayflower Power & Gas LLC's initiative to acquire market-based rate authority, a move that would enable them to set their own rates based on market conditions rather than adhering to a regulated rate structure. Along with this request, they are seeking blanket authorization which simplifies future decisions concerning securities and liability. This means that once granted, the company can issue securities and assume liability without needing to seek approval for each instance.

Significant Issues or Concerns

One notable issue with this document is the lack of detailed criteria outlining how the blanket authorization request will be evaluated by FERC. This absence may lead to ambiguity concerning how decisions are made, potentially causing misunderstandings among stakeholders and the public.

Additionally, the document assumes familiarity with FERC’s electronic filing systems, which can be complex for those not accustomed to using them. There is a need for clearer guidance to ensure broader accessibility and transparency. While electronic filing is encouraged, the suspension of the Public Reference Room poses barriers for individuals who lack internet access, potentially marginalizing these stakeholders.

Furthermore, the contact information provided, while helpful, is not presented in the most readable format. The use of parentheses around the toll-free number and TYY could hinder quick access to assistance, especially for those who may be in urgent need of support.

Impact on the Public and Specific Stakeholders

For the general public, this document represents a procedural step in regulating utilities and energy market activity. By potentially allowing Mayflower Power & Gas LLC to operate with market-based rates, customers could experience changes in their billing, either beneficial or adverse, depending on how market dynamics affect pricing.

For stakeholders such as competing energy providers, investors, and advocacy groups, the outcome of this application is significant. If the blanket authorization is granted, it could offer Mayflower Power & Gas LLC a competitive edge by simplifying their operational flexibility regarding securities and liabilities, impacting market competition.

Investors might view the blanket authorization as a positive, as it permits quicker financial maneuvering, potentially leading to better investment returns. Conversely, consumer advocacy groups may harbor concerns over how such financial liberties might impact consumer pricing and transparency.

In conclusion, while this notice outlines important developments in energy regulation, it also highlights critical areas requiring clarity and accessible avenues for public participation and understanding.