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Utility Dive•3 months ago

•New England transmission owners (Eversource, Avangrid, etc.) are seeking an 11.39% Return on Equity (ROE) from FERC, up from the recently set 9.57%.
•Utilities cite 'current risk conditions' like the Iran war and supply chain constraints as reasons for needing a higher ROE to attract capital for transmission investments.
•If approved, this increase in ROE will directly translate to higher transmission costs, impacting electricity prices for large power consumers and increasing the cost burden for new generation projects connecting to the grid.

policy

Utility Dive•3 months ago

•California utilities, including Edison International, face potential credit impacts due to wildfire liabilities, signaling financial instability for key grid operators.
•Edison International's CEO advocates for a return to a 'cost-of-service model' to allow utilities to recover wildfire-related costs, which could lead to higher electricity rates for large power consumers.
•This proposed policy shift aims to stabilize utility finances but introduces regulatory uncertainty that could affect the terms and availability of Power Purchase Agreements (PPAs) for developers and impact grid infrastructure investments.

policy

POWER Magazine

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