The North American Electric Reliability Corporation (NERC) under federal law
can fine of up to $1 million a day.

Standard BAL-005-0 ― Automatic Generation Control
Requirement 17. Each Balancing Authority shall at least annually check and
calibrate its time error and
frequency devices against a common reference. The Balancing Authority shall
adhere to the
minimum values for measuring devices as listed below:

Device Accuracy

Digital frequency transducer ≤ 0.001 Hz
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