FERC order sets Rhode Island Energy base ROE at 9.57%

Reuters03-25
FERC order sets Rhode Island Energy base ROE at 9.57%
  • 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.


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