FERC Opinion No. 594 Sets 9.57% Base ROE for New England Transmission Owners — What's Behind It?

Energy

FERC Opinion No. 594 Sets 9.57% Base ROE for New England Transmission Owners — What's Behind It?

In Opinion No. 594, FERC found New England Transmission Owners' 11.14% base ROE was unjust, replacing it with 9.57% — a decision with an estimated $1.5 billion in refund implications.

NewGen Cost of Capital Team · Apr 3, 2026
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