Revision of Fuel Cost Adjustment Clause Regulation Relating to Fuel Purchases From Company-Owned or Controlled Source; Order Denying Rehearsing and Other Relief

Resumo

The Federal Energy Regulatory Commission (Commission) denies a request, filed October 21, 1998, by Pacific Gas and Electric Company, for clarification, reconsideration or rehearing of the Final Rule, issued September 21, 1998, in which the Commission amended its regulations to state that where a regulatory body has jurisdiction over the price of fuel purchased from a company-owned or controlled source, and exercises that jurisdiction to approve such price, the Commission will presume, subject to rebuttal, that the cost of fuel so purchased is reasonable and includable in the fuel adjustment clause.