return on equity (ROE)
FERC is seeking comment on a proposed incentive framework for utilities making cybersecurity investments above the requirements of NERC’s CIP standards.
FERC lifted MISO transmission owners’ base return on equity from 9.88% to 10.02% and allowed them to add a third calculation model into the mix.
Texas regulators approved a stipulated settlement of a CenterPoint Energy rate case that was a little more than 8% of the utility’s original request.
FERC said its revised interpretation of accounting rules supports a rehearing request from developers of the abandoned PATH transmission project.
FERC’s new method for calculating transmission ROE drew requests for rehearing from TOs perplexed it would use a MISO-centric order to set national policy.
NEPOOL focused on how to apply transmission charges to a storage resource when it is charging for later resale and not providing a service.
FERC conditionally accepted Jersey Central Power & Light’s proposed rate request, subject to refund following hearing and settlement judge procedures.
FERC approved a settlement reducing Southern California Edison’s 2018 transmission rates and a partial settlement for an ROE increase for wildfire risks.
FERC was skeptical of a proposal by Trans Bay Cable for an increase in its transmission revenues and a $10 million annual reserve in case of wildfires.
FERC adopted a new methodology for calculating return on equity rates for transmission owners and applied it to two MISO proceedings.
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