On July 16, 2020, the Federal Energy Regulatory Commission (FERC) issued Order No. 872, adopting major revisions to its regulations implementing the avoided cost rate setting and other requirements of the Public Utility Regulatory Policies Act of 1978 (PURPA). The highly anticipated final rule reflects FERC’s objective of “modernizing” its PURPA regulations to address changing energy markets and recent growth in renewable energy resources both utilizing as well as outside of PURPA.
