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        <title>Market-Based Rates for Wholesale Sales of Electric Energy, Capacity and Ancillary Services by Public Utilities</title>
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    <abstract>The Federal Energy Regulatory Commission (Commission) is amending its regulations to revise Subpart H to Part 35 of Title 18 of the Code of Federal Regulations governing market-based rates for public utilities pursuant to the Federal Power Act (FPA). The Commission is codifying and, in certain respects, revising its current standards for market-based rates for sales of electric energy, capacity, and ancillary services. The Commission is retaining several of the core elements of its current standards for granting market-based rates and revising them in certain respects. The Commission also adopts a number of reforms to streamline the administration of the market-based rate program.</abstract>
    <identifier type="FR citation">72 FR 39904</identifier>
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        <topic>Electric Power Rates</topic>
        <topic>Electric Utilities</topic>
        <topic>Reporting and Recordkeeping Requirements</topic>
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        <summary>The Federal Energy Regulatory Commission (Commission) is amending its regulations to revise Subpart H to Part 35 of Title 18 of the Code of Federal Regulations governing market-based rates for public utilities pursuant to the Federal Power Act (FPA). The Commission is codifying and, in certain respects, revising its current standards for market-based rates for sales of electric energy, capacity, and ancillary services. The Commission is retaining several of the core elements of its current standards for granting market-based rates and revising them in certain respects. The Commission also adopts a number of reforms to streamline the administration of the market-based rate program.</summary>
        <dates>Effective Date: This rule will become effective September 18, 2007.</dates>
        <contact>Debra A. Dalton (Technical Information), Office of Energy Markets and Reliability, Federal Energy Regulatory Commission, 888 First Street, NE., Washington, DC 20426, (202) 502-6253. Elizabeth Arnold (Legal Information), Office of the General Counsel, Federal Energy Regulatory Commission, 888 First Street, NE., Washington, DC 20426, (202) 502-8818.</contact>
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            <subject>Electric Power Rates</subject>
                                    
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