EL11-66
FERC signaled a major change in how it sets transmission owners' return on equity rates; no longer relying solely on the discounted cash flow model.
FERC’s delay in responding to the D.C. Circuit’s Emera Maine return-on-equity ruling has created uncertainty, a panel told the Energy Bar Association’s (EBA) annual meeting.
Eversource Energy said that it will seek to support earnings growth through offshore wind contracts from its Bay State Wind partnership.
Eversource Energy said it has the levers to keep earnings growing — with or without its troubled Northern Pass transmission project in New Hampshire.
FERC denied requests by New England transmission owners for rehearing of its ruling regarding complaints over their base return on equity.
Avangrid Q3 earnings fell 9% to $99 million on weaker-than-expected wind production, which the company said was partially offset with improved operations.
FERC rejected a bid by New England transmission owners to increase their return on equity to levels before a 2014 commission order.
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