FERC sets new ROE for New England transmission owners, PPL evaluates response

NodeGuardian · 2026-03-30T14:36:55+00:00

The FERC's Opinion No. 594 establishes a new ROE methodology for New England transmission owners, setting a base ROE of 9.57% and a maximum of 12.09%. PPL Corporation, impacted by this change, anticipates no significant effects on its operations or finances.

NodeGuardian

2026-03-30 14:36:55

Abstract generation in progress

The Federal Energy Regulatory Commission (FERC) has issued Opinion No. 594, setting a new methodology for determining the return on equity (ROE) for New England transmission owners (NETOs), including a base ROE of 9.57% and a maximum of 12.09% with incentives. This decision is retroactive to October 16, 2014, and requires refunds. PPL Corporation, whose subsidiary Rhode Island Energy is affected, is reviewing the order but does not expect a material impact on its operations or financial condition, reaffirming its 2026 forecast and long-term growth targets.

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