Mid-Georgia Cogen LP applied April 3 at the Federal Energy Regulatory Commission for acceptance of its Market-Based Rate Tariff effective June 3, waiver of certain commission regulations under the Federal Power Act and certain blanket approvals.
The company owns an approximately 323 MW (nameplate) topping-cycle cogeneration facility located in Kathleen, Georgia, that is operating as a qualifying facility (QF) under the Public Utility Regulatory Policies Act of 1978, as amended (PURPA). It is currently exempt from Federal Power Act sections 205 and 206, because the output from the facility is sold under a long-term power purchase agreement that was executed before March 17, 2006. That contract customer is Georgia Power.
However, Mid-Georgia Cogen said it must obtain market-based rate authorization prior to engaging in any wholesale power sales not covered by its existing power purchase agreement. Therefore, it submits for filing its proposed market-based rate tariff for any such non-exempt wholesale power sales.
The facility is interconnected to the transmission system owned by Georgia Power and is within the Southern Company Services SOCO) balancing authority area (BAA). Mid-Georgia Cogen is a wholly-owned subsidiary of Southeast PowerGen Holdings LLC (SEPG Holdings). SEPG Holdings also indirectly owns 100% of the various entities that collectively own or control approximately 2,964 MW of electric generation capacity in the SOCO BAA. SEPG Holdings is indirectly held by General Electric Capital and The Carlyle Group.