Upgrades Under Coordinated System Plan. Cost responsibility for the transmission upgrades identified in the Coordinated System Plan to resolve thermal or reactive system constraints related to reliability criteria or operational or economic system performance will be assigned to the Parties equitably, based on the nature of the constraint being resolved. The JPC will develop procedures for evaluating, on a case-by-case basis, the relative contribution of the Party’s systems to the constraint and the relative benefits derived by the parties by the resolution of the constraint. The JPC will propose an allocation of costs for such transmission system upgrades. The proposed allocation of costs will be reviewed with the IPSAC and the appropriate multi-state entities. Stakeholder input will be taken into consideration by the JPC in arriving at a consensus allocation of costs. Upgrade proposals and cost allocations are subject to the approval process of both Parties for transmission upgrades. Each Party’s allocation and the recovery of the costs of such Network Upgrades shall be consistent with the terms and conditions of its own OATT, as it may be modified from time to time pursuant to the rights of various parties under the Federal Power Act.
Upgrades Under Coordinated System Plan. Cost responsibility for the transmission upgrades identified in the Coordinated System Plan to resolve thermal or reactive system constraints related to reliability criteria or operational or economic system performance will be assigned to the Parties equitably, based on the nature of the constraint being resolved. Issued by: Xxxxx X. Xxxxxxxxx, President and CEO, Midwest ISO Effective: December 1, 2004 Xxxxxxxx X. Xxxxx, President and CEO, Southwest Power Pool, Inc. Issued on: December 1, 2004 Filed to comply with order of the Federal Energy Regulatory Commission, Docket No. ER04-1096-000, issued October 01, 2004, 109 FERC ¶ 61,008 (2004). The JPC will develop procedures for evaluating, on a case-by-case basis, the relative contribution of the Party’s systems to the constraint and the relative benefits derived by the parties by the resolution of the constraint. The JPC will propose an allocation of costs for such transmission system upgrades. The proposed allocation of costs will be reviewed with the IPSAC and the appropriate multi-state entities. Stakeholder input will be taken into consideration by the JPC in arriving at a consensus allocation of costs. Upgrade proposals and cost allocations are subject to the approval process of both Parties for transmission upgrades. Each Party’s allocation and the recovery of the costs of such Network Upgrades shall be consistent with the terms and conditions of its own OATT, as it may be modified from time to time pursuant to the rights of various parties under the Federal Power Act.
