On June 16, 2016, FERC directed the Midcontinent Independent
System Operator, Inc. ("MISO") to either: (1) revise its
Tariff to ensure that a generation or non-generation resource owner
will no longer receive compensation for Reactive Supply and Voltage
Control Service ("Reactive Service") after it has
deactivated or transferred its unit(s), and to clarify the
treatment of Reactive Service revenue requirements for such
unit(s); or (2) show cause why it should not be required to do so.
FERC also directed MISO to post and maintain a chart listing all
resource owners receiving compensation for Reactive Service, along
with their current Reactive Service revenue requirements.
In MISO, compensation for Reactive Service is governed by
Schedule 2 of the MISO Tariff. In accordance with that schedule, on
March 2, 2016, Consumers Energy Company ("Consumer
Energy") filed with FERC revisions to its reactive power
revenue requirement to reflect the updated status of