FERC Judge's Ruling Will Spark Transmission Rate Fights

Law360, New York (August 13, 2013, 8:27 PM EDT) -- By recently ruling that rates charged by New England transmission companies unreasonably enriched their investors, a Federal Energy Regulatory Commission judge has emboldened state regulators and consumer advocates to launch similar challenges against other transmission owners, which experts say could discourage them from building new projects.

In a case closely watched by the electric industry, FERC Administrative Law Judge Michael J. Cianci Jr. concluded Aug. 6 that the so-called return on equity, or ROE, rate of 11.1 percent used by transmission companies within regional transmission organization...
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