(a) The Commission may take such action as is necessary and appropriate against the Electric Reliability Organization or a Regional Entity to ensure compliance with a Reliability Standard or any Commission order affecting the Electric Reliability Organization or a Regional Entity, including, but not limited to:
- (1) After notice and opportunity for hearing, imposition of civil penalties under the Federal Power Act.
- (2) After notice and opportunity for hearing, suspension or decertification of the Commission's certification to be the Electric Reliability Organization.
- (3) After notice and opportunity for hearing, suspension or rescission of the Commission's approval of an agreement to delegate certain Electric Reliability Organization authorities to a Regional Entity.
- (b) The Commission may periodically audit the Electric Reliability Organization's performance under this part.