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May 9, 2024

return on equity (ROE)

NYPA
FERC Rejects Niagara Mohawk Tx Cost Formula, ROE Adders
FERC nixed Niagara Mohawk Power’s proposed cost allocation and recovery for its share in the Smart Path Connect transmission project in upstate New York.
© RTO Insider LLC
FERC Conditionally Accepts Rockland Electric’s ROE Adder in PJM
FERC conditionally accepted Rockland's proposed return on equity and transmission revenue requirement, subjecting both to further hearing.
U.S. Forest Service
FERC Rejects PG&E Bid to Raise Profits
FERC rebuffed a request by PG&E for a 13% return on equity based on its financial risks from wildfires and the state's aggressive decarbonization efforts.
© RTO Insider LLC
MISO Makes 2nd Plea for Time on ROE Refunds
MISO has made another attempt to coax more time from FERC so it can calculate refunds to transmission customers relating to the commission’s return on equity.
PJM
PJM TOs Respond to FERC Questions on Rate-base Network Upgrades
PJM transmission owners provided no evidence that they are having difficulty raising capital but insisted the law was on their side in their bid to rate-base network upgrades.
WATT Coalition
WATT Coalition Previews GETs Proposal Before FERC Workshop
Advocates of grid-enhancing technologies said “shared savings” is needed to persuade utilities to adopt low-cost investments to free up crucial transmission.
PJM
FERC Seeks Evidence in PJM TOs’ Bid to Rate-base Network Upgrades
FERC directed PJM’s transmission owners to provide evidence that they are being squeezed financially by their inability to earn a return on network upgrades.
Fletcher6, CC BY-SA-3.0, via Wikimedia
FERC Sets ROE for Exelon’s Mystic Plant at 9.33%
FERC set a base return on equity of 9.33% on the Mystic Generating Station’s reliability-must-run contract, using methodology it introduced last year.
MISO
MISO, TOs: More Time Needed for ROE Refunds
MISO and transmission owners said they need nine more months to issue refunds stemming from FERC's 2020 change to ROE in transmission rates.
S&P Global Market Intelligence
TOs, Consumer Groups Clash over RTO Adder
Transmission owners told FERC that limiting the RTO participation adder would reduce grid investments while ratepayers called the proposal long overdue.

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