Episode Details
Back to EpisodesFERC Slashes Transmission Owner Returns, Potential $900M Refunds
Description
Federal regulators have reduced the return on equity for New England electric transmission owners, potentially unlocking $900 million in refunds for ratepayers. This decision, made after a decade-long challenge by Massachusetts attorneys general, could save over $100 million annually for 7.2 million customers. However, Eversource Energy, the regions largest utility, is appealing the decision, warning of potential stock dilution and reduced earnings.
Support the show:
Get a discount at https://solipillow.com/discount/dnn.
Advertise on DNN:
advertise@thednn.ai
This is an automated, high-level news summary based on public reporting.
Report issues to feedback@thednn.ai.
View sources & latest updates:
https://sources.thednn.ai/5f9149d361c05e82