Utility Dive•17 days ago
AMP, ratepayer advocates oppose ROE, rates proposed for $1.1B AEP-FirstEnergy transmission project
Key Takeaway
The regulatory outcome of this transmission project's rates will set precedents for how large load growth, especially from data centers, impacts and allocates transmission costs for all consumers and developers.
AI Summary
- •AEP-FirstEnergy's proposed rates for a $1.1B transmission project are facing opposition from AMP and ratepayer advocates, including the Office of the Ohio Consumers’ Counsel (OCC).
- •The OCC argues the proposed rates and Return on Equity (ROE) fail to adequately protect ratepayers from transmission costs driven by data center growth.
- •The Federal Energy Regulatory Commission (FERC) is reviewing the proposed rates, indicating regulatory scrutiny on how transmission costs, particularly those influenced by new large loads like data centers, are allocated among consumers.
Topics
datacenterfercpolicytransmission