FERC rejected tariff revisions submitted by New England Power, saying they would allow the company to exceed the commission’s limits on transmission ROE.

MISO transmission owners have told FERC it should order only a modest reduction in their base return on equity to 11.39%, not 9.15%.

Five transmission projects intended to serve New York City and respond to a potential nuclear plant closure suffered setbacks as a divided FERC rejected the developers’ cost allocation proposals and reduced their requested returns on equity.

A FERC settlement judge certified an uncontested proceeding to reduce transmission owner Niagara Mohawk Power’s return on equity to 10.03% from the current 11.5%.

A split FERC granted ITC Midwest’s request for an incentive adder but cut the bonus in half, prompting a dissent from Commissioners Moeller and Clark.

Trial staff at FERC has recommended approval of a settlement that would reduce the return on equity of Niagara Mohawk to 10.03% from the current 11.5%.

Ameren reported a 30% jump in fourth-quarter earnings and said it expects future growth from new transmission projects, even as FERC considers lowering the rate of return on such investments.

A round-up of news from the MISO Advisory Committee meeting on Feb. 25, 2015.

Virginia Gov. Terry McAuliffe signed a bill last week that suspends the SCC’s reviews of Dominion Virginia Power’s base rates for the next seven years.

Niagara Mohawk Power has agreed to reduce its return on equity in a settlement with groups representing public power and municipal utilities.