PJM has long permitted generators to collect revenues for the provision of reactive power and voltage support (reactive power) under Schedule 2 of the PJM Tariff. Innumerable generating facilities have availed themselves of this opportunity. Nearly every such reactive revenue requirement case has settled. Although the vast majority of PJM transmission owners (TOs), whose ratepayers pay the majority of the reactive power rates, have divested their generation, few Transmission Owners (TOs), and fewer state commissions/consumer advocates representing such retail ratepayers, … Read the rest