- FERC Opinion No. 594 set New England transmission owners’ base return on equity at 9.57% under the ISO New England tariff.
- The decision affects Rhode Island Energy, which is wholly owned by PPL.
- The order set a maximum return on equity including incentives of 12.09% and applies retroactively to October 16, 2014.
- Refunds with interest were ordered for certain periods covered by the decision.
- PPL said it is evaluating next steps with other transmission owners, including a possible appeal.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. PPL Corporation published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0000922224-26-000022), on March 24, 2026, and is solely responsible for the information contained therein.
Comments