Maximum civil penalties FERC can impose see slight uptick on inflation

摘要

Penalties the Federal Energy Regulatory Commission may assess togas and power companies, as well as individuals, accused ofviolating statutes, rules and orders within its jurisdiction willincrease slightly as part of the commission's annual adjustment forinflation of the maximum civil monetary penalties it can impose.Violations of the Natural Gas Act, Natural Gas Policy Act, Part II ofthe Federal Power Act or of any rule or order promulgated pursuantto those acts were subject to a maximum fine of $1,238,271 perviolation, per day. Accounting for inflation of 2.522% since thesepenalties were adjusted last year, FERC raised the maximum perviolation, per day fine to $1,269,500, the commission said in a finalrule issued Tuesday.