The funds: The recently refreshed plan spreads over $15B across 574 transmission projects, including nearly $6B steered by load growth. Such projects “are paid for by existing customers, despite the fact that these projects are pretty clearly ‘but for’ driven by the large load interconnection request,” wrote Claire Wayner, a senior associate at RMI, on LinkedIn.
The refunds: Meanwhile, the D.C. Circuit affirmed that MISO transmission owners must pay consumers eight years’ worth of refunds. It’s the latest move in a legal battle dating back to 2013, when consumers told FERC that the TOs’ ROE (12.38%) was too high
Tue, Jun 9