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May 31, 2023
Home » FERC Reduces ITC Adders over Independence Issues
By Amanda Durish Cook FERC last week reduced the return on equity adders previously granted to ITC Holdings subsidiaries for being independent, standalone transmission providers, saying a 2016 merger affected the parent company’s autonomy. The commission’s Thursday order said International Transmission Co., ITC Midwest and Michigan Electric Transmission Co. were...
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