Ratepayers will have to wait for refunds, after feds grant delay

By: Kaitlyn Budion

Outlets: Maine Morning Star

Published: April 17, 2026

Words: 248

Last Updated: 3 months ago

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Electric customers across New England will have to wait for anticipated refunds, after the Federal Energy Regulatory Commission granted utilities a delay.

In March, FERC ruled that New England transmission owners had received profits that were “unjust and unreasonable.” The commission determined that the base return on equity rate in 2011 of 11.14% and the interim rate set in 2014 of 10.57% were too high.

FERC then ordered the dozen utility companies to calculate and …

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