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%.

The battle over MISO transmission owners’ return on equity continued with the D.C. Circuit Court of Appeals vacating FERC’s order setting the rate at 10.02%.

Transmission owners will continue receiving a 10.02% ROE, FERC said, rejecting complaints from consumer organizations and Commissioner Glick.

FERC adopted a new methodology for calculating return on equity rates for transmission owners and applied it to two MISO proceedings.

FERC ordered settlement judge procedures for a dispute involving Southwestern Electric Power Co.’s transmission rates.

FERC rejected a bid by New England transmission owners to increase their return on equity to levels before a 2014 commission order.

The D.C. Circuit overturned the 2014 FERC order setting the base return on equity (ROE) for a group of New England transmission owners at 10.57%.

FERC approved Transource Kansas’ settlement with state regulators, under which the company will receive a 9.8% base ROE.

A FERC ALJ set the return on equity for transmission projects in New England lower than what transmission owners sought.

Five small, rural utilities have won the right to continue their fight against 24 of MISO’s large transmission-owning members, whom the utilities contend are earning too much.