FERCFinal Rule
Civil Monetary Penalty Inflation Adjustment
EnergyFinance & Banking
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Summary
The Federal Energy Regulatory Commission (FERC) adjusted the financial penalties it can impose on energy companies for breaking rules, increasing them to keep up with inflation since 2024. This means companies that violate energy regulations may now face larger fines than before, encouraging better compliance with federal energy laws.
Key Points
- 1FERC increased the maximum civil penalties it can impose on energy companies to account for inflation
- 2These higher penalties apply to violations of federal energy regulations and rules
- 3The adjustment helps ensure that fines remain meaningful and keep up with the rising costs of doing business
- 4Energy companies operating under FERC jurisdiction need to be aware that violations now carry potentially larger financial consequences
- 5This is a routine annual update required by federal law to prevent inflation from making penalties less effective over time
Key Dates
Published
January 14, 2025
This summary is for informational purposes only. It may not capture all nuances of the regulation. Always refer to the official text for authoritative information.
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