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New England officials push FERC to keep $1.5 billion in transmission refunds moving
Governors and utility regulators in New England are urging FERC to reject a request from Eversource and Avangrid to delay roughly $1.5 billion in transmission-related refunds, extending a fight over return on equity that
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.
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