FERC has decided for a second time to leave ITC Midwest’s 16-year-old capital structure untouched over protests it results in unaffordable customer rates.
ITC Midwest can keep the capital structure it has had in place since 2007, FERC decided, blocking a complaint led by Alliant Energy.
A coalition of utilities, industrial customers and consumer advocates spearheaded by Alliant Energy is contesting ITC Midwest’s capital structure.
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