Ruling on a series of complaints dating back to 2011, FERC ordered a reduction in the return on equity for the New England transmission owners, cutting the rate from 10.57% to 9.57%.

Watchdog organization Energy and Policy Institute compiled a report showing investor-owned utility profit margins are on the rise, with 13-15% of customers’ bills bankrolling profits.

All five FERC commissioners faced questions from the House Energy and Commerce Subcommittee on Energy on how to balance reliability and affordability as demand grows.

MISO says it needs more time to finish meting out refunds, nearly a dozen years after a complaint was first raised to lower its transmission owners’ base return on equity.

FERC affirmed the ability of an independent transmission developer to include an RTO adder in its CAISO formula rate, rebuffing a request by the California Public Utilities Commission to reject the company’s use of the incentive.

FERC approved including additional expense accounts in New York Transco’s new company-wide formula rate over the protests of the Public Service Commission and New York City.

Participants at the National Association of Regulatory Utility Commissioners’ Winter Policy Summit emphasized the need for additional investment in the grid.

MISO transmission owners have again taken arguments against FERC’s most recent return on equity decision to the D.C. Circuit Court of Appeals.

FERC continues to fiddle with the return on equity MISO transmission owners can earn, this time setting the base amount at 9.98% while once again eradicating the risk premium model from the calculation.