The Federal Energy Regulatory Commission’s (FERC) delivered price test (DPT) for market-based rates or merger reviews has been in practice since 1996, but many of the details of the methodology have been open to interpretation. In a pair of recent orders, the commission clearly articulated what it is looking for in a DPT analysis. In this article published in Law360, David Hunger and Edo Macan discuss seven key points FERC clarified in the DPT methodology. To read the article, click the link below.
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