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EPSA APPLAUDS FERC'S DISMISSAL OF CARE COMPLAINTS ON CALIFORNIA PPAS

"As we said in the joint comments EPSA and the Independent Energy Producers Association filed last month with FERC, the CARE complaints represented nothing more than frivolous litigation and a misguided effort to rewrite the proven procedures for market-based transactions."

WASHINGTON, D.C. - The Electric Power Supply Association (EPSA) today applauded the Federal Energy Regulatory Commission's (FERC) unanimous decision to dismiss complaints filed by CAlifornians [sic] for Renewable Energy, Inc. (CARE) calling for FERC action against wholesale power contracts previously approved by the California Public Utilities Commission (CPUC).

"We agree that CARE, in FERC's words today, 'mischaracterized relevant case law and provided no factual support for the complaints' allegations that the contracts were unjust and unreasonable,'" John E. Shelk, President and CEO of EPSA said. "As we said in the joint comments EPSA and the Independent Energy Producers Association filed last month with FERC, the CARE complaints represented nothing more than frivolous litigation and a misguided effort to rewrite the proven procedures for market-based transactions."

-EPSA-

CONTACT: JOHN SHELK
(202) 349-0154or 703-472-8660

EPSA is the national trade association representing competitive power suppliers, including generators and marketers. These suppliers, who account for nearly 40 percent of the installed generating capacity in the United States, provide reliable and competitively priced electricity from environmentally responsible facilities serving global power markets. EPSA seeks to bring the benefits of competition to all power customers.