Pa. Grid Rate Changes Are Unreasonable, FERC Told

Law360, New York (December 1, 2016, 4:32 PM EST) -- Pennsylvania utility regulators and consumer advocates on Wednesday urged the Federal Energy Regulatory Commission to reject proposed rates for transmission facilities recently acquired by a FirstEnergy Corp. unit, claiming the proposal unreasonably hikes rates by nearly 50 percent and provides the company with at least $130 million in annual revenue.

Mid-Atlantic Interstate Transmission LLC, a company set up by FirstEnergy to house Keystone State transmission facilities it's agreed to purchase from FirstEnergy units Pennsylvania Electric Co. and Metropolitan Edison Co., asked FERC in October to approve...
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