Common use of Regional Variance Clause in Contracts

Regional Variance. is just and reasonable ”); and section 6(a) (“[Regional Entity] shall enforce . . . Regional Variances ”). section 215, there may be exceptions from continent-wide uniformity in a reliability standard. In Order No. 672, the Commission explained that “as a general matter, we will accept the following two types of regional differences, provided they are otherwise just, reasonable, not unduly discriminatory or preferential and in the public interest, as required under the statute: (i) a regional difference that is more stringent than the continent-wide Reliability Standard, including a regional difference that addresses matters that the continent-wide Reliability Standard does not; and (ii) a regional Reliability Standard that is necessitated by a physical difference in the Bulk-Power System.”117

Appears in 4 contracts

Samples: Delegation Agreement, Delegation Agreement, Delegation Agreement

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