Western Aeon Energy Trading LLC has submitted an application to the Federal Energy Regulatory Commission (FERC) for permission to set its own electricity rates, known as market-based rate authority. The application also requests blanket approval for future financial actions like issuing securities and taking on liabilities. Anyone wishing to support or object to this request must file their comments with FERC by February 8, 2021. FERC recommends submitting these comments online but also allows for mail submissions if necessary.
Simple Explanation
Western Aeon Energy Trading LLC wants permission to set their own electricity prices and do some financial stuff more easily in the future. People who have something to say about this can tell the special energy group by February 8, 2021, either online or by sending a letter.