FERC Lowers ROE for Segmented Pioneer Tx Project

By Amanda Durish Cook FERC last week approved a reduced return on equity for Pioneer Transmission’s portion of a recently completed 765-kV line in Indiana. The commission’s Aug. 30 order reduces Pioneer’s ROE to 10.82% from the 12.54% approved in 2009, which included a 150-basis-point (bp) adder as a new...