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New England officials push FERC to keep $1.5 billion in transmission refunds moving
Key Takeaways
- New England officials asked FERC to reject utilities’ request to delay roughly $1.5 billion in refunds.
- FERC cut the region’s base transmission return on equity to 9.57% from 10.57% in a March 19 decision.
- FERC has already extended the refund completion deadline to May 20, 2027.
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DT Editorial Team··via utilitydive.com