Silverstrand Grid, LLC has requested market-based rate authority, which includes a request for blanket authorization to issue securities and assume liabilities in the future. The Federal Energy Regulatory Commission (FERC) is notifying interested parties that they can intervene or protest this application by February 18, 2021. Protests and interventions can be submitted electronically through the FERC website, or by mail for those unable to file electronically. Due to COVID-19, FERC's Public Reference Room is closed, but the document can be accessed online using the FERC eLibrary.
Simple Explanation
Silverstrand Grid, LLC wants permission from the government to sell electricity in a flexible way and to be able to borrow money or take on debt easily in the future. People interested in this plan have until February 18, 2021, to say if they like or don't like it, and they can send their thoughts online or through the mail.