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FERC Must Justify Winter Power Program Costs, DC Circ. Says

By Keith Goldberg ( December 22, 2015, 7:00 PM EST) -- The D.C. Circuit said Tuesday the Federal Energy Regulatory Commission must show why rates for a winter power program serving New England are just and reasonable, or else revise them, but it rejected a TransCanada Corp. unit's contention that the commission wrongly saddled utilities with the program's costs....

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