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July 06, 2022
© RTO Insider

FERC Broadens Challenge to TOs’ Tax Calculations

Jun 25, 2018
Amanda Durish Cook
CAISO/WEIM / ERCOT / ISO-NE / MISO / NYISO / PJM / SPP/WEIS / Transmission / FERC & Federal
By Amanda Durish Cook FERC on Thursday identified 13 additional transmission owners it said should change accounting practices that could inflate rates by underestimating tax credits. The commission ordered a Section 206 proceeding investigating the companies’ use of a double averaging formula to calculate accumulated deferred income taxes (ADIT) (EL18-155,...

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