State Water Contractors, et al. v. FERC No. 06-74506 Commission affirmed that the California ISO's Transmission Access Charge, designed to recover embedded cost of the ISO-controlled grid, was just and reasonable despite rate methodology not being time-sensitive. California ISO Corp., 109 FERC ¶ 61,301 (2004), order on reh'g and clar., 111 FERC ¶ 61,337 (2005). Circuit 9th Cir.
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