accumulated deferred income tax (ADIT)
FERC approved Duke Energy’s rate settlement with two co-ops to reflect lower corporate taxes enacted during the Trump administration.
FERC has approved two Western utilities’ revisions to their transmission formula rate protocols in their response to a show cause proceeding begun last year.
FERC partly rejected Order 864 compliance filings by NorthWestern, Duke Energy and PacifiCorp regarding changes caused by the Tax Cuts and Jobs Act of 2017.
Southwestern Electric Cooperative got a few wins in its challenges to Ameren Illinois’ annual formula rate updates.
FERC rejected transmission rate challenges against Pepco and Delmarva Power & Light that questioned the accounting of the utilities' prepaid pension assets.
FERC again denied Southwestern Electric Cooperative’s multiple challenges to Ameren Illinois’ 2017 update to its transmission rate formula.
FERC terminated its investigations into the tax calculations included in transmission rates after several MISO transmission owners made compliance filings.
FERC dismissed a Louisiana city’s complaint that Cleco Power collected excess revenue because its rates did not immediately reflect the 2018 tax cut.
FERC acted on tariff filings by more than a dozen transmission owners to correct how they calculate accumulated deferred income tax balances.
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