Basic Search  |  Summaries  |  Advanced Search

Violation Tracker Individual Record

Company: ISO-New England, Inc.
Penalty: $850,000
Year: 2022
Date: September 30, 2022
Offense Group: competition-related offenses
Primary Offense: energy market violation
Violation Description: On September 30, 2022, the Commission approved a settlement agreement between the Office of Enforcement and ISO-New England, Inc. resolving an investigation relating to ISO-NE's capacity payments to Salem Harbor Power Development LP for its New Salem Harbor Generating Station project before it was commercial. The Office of Enforcement found that ISO-NE violated multiple provisions in its tariff. ISO agreed to pay a civil penalty in the amount of $500,000, make specific investments in its compliance program at an estimated cost of up to $350,000, and accept annual compliance monitoring for up to two years.
Level of Government: federal
Action Type: agency action
Agency: Federal Energy Regulatory Commission
Civil or Criminal Case: civil
Source of Data: (click here)
Source Notes: If an online information source is not working, check the Violation Tracker Data Sources page for an updated link.
Current parent company note: Parent-subsidiary relationship is current as of the most recent revision listed in the Update Log.