July 21, 2024

return on equity (ROE)

Central Power Electric Cooperative
FERC Accepts, Sets Hearing on ND Co-op’s Tariff Rates
FERC accepted SPP’s proposed tariff revisions modifying Central Power Electric Cooperative’s formula rate template but suspended them for a nominal period subject to refund and established hearing and settlement procedures.
Propel NY Energy
New York PSC Seeks Rehearing of RTO Adder for Offshore Tx Project
The New York Public Service Commission requested a rehearing of FERC’s December order granting a 50-basis-point RTO participation adder for the Propel NY Energy transmission project.
FERC Orders Settlement Procedures on NY Utilities’ Tx ROE Filing
FERC ordered two New York utilities into settlement procedures over their proposed 10.87% ROE on upgrades to meet the state’s renewable energy goals.  
FERC Approves Removal of RTO Adder for AEP Ohio Cos.
FERC approved revised rate schedules for two American Electric Power affiliates in Ohio to remove their RTO participation adders.
Virginia Department of Historic Resources
Virginia Legislature Passes Utility Regulation Bills Backed by Dominion
Companion bills backed by Gov. Glenn Youngkin that change utility regulation in Virginia easily cleared both chambers of the state legislature.
National Grid
FERC Approves NYPA Cost Recovery for Smart Path Project
FERC Ok'd New York Power Authority’s transmission rates for the Smart Path Connect transmission project after the utility showed it received state approval.
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FERC Orders Two Ohio Utilities Ineligible for RTO Adder
FERC rescinded RTO participation incentives for two AEP affiliates on the grounds that Ohio law compels transmission owners to participate in an RTO.
Energy Institute at Haas
Counterflow: Nice Work If You Can Get It, Take 2
Gas and electric utilities are still earning far higher ROEs than their cost of capital, says columnist Steve Huntoon. Why isn't anyone paying attention?
FERC Reluctantly Proposes Cybersecurity Incentives
FERC reluctantly proposed a 200-basis point incentive for utilities that make voluntary cybersecurity investments, an initiative directed by Congress.
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DC Circuit Sends FERC Back to Drawing Board on MISO ROE
The battle over MISO transmission owners’ return on equity continued with the D.C. Circuit Court of Appeals vacating FERC’s order setting the rate at 10.02%.

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