Tag: ferc

Connecticut Seeks to End Utility "Bonus" Transmission Profits, Files FERC Complaint

11 Jun 2026 5:07 p.m. · Source: Connecticut Governors Office

Connecticut agencies filed a complaint with FERC to end "bonus" transmission charges by Eversource and United Illuminating. This action, following a 2025 law, aims to save ratepayers $4.5 million annually by removing unjustified profits for mandatory utility participation.

Politics and Government Business Law Enforcement State Governments Economy Legal Energy General Politics Connecticut FERC Eversource Energy United Illuminating Transmission Rates Ratepayers Energy Policy Connecticut Governors Office
New England Governors Urge FERC to Reject Utility Profit Hike

21 May 2026 5:36 p.m. · Source: Connecticut Governors Office

New England governors, led by Connecticut's Ned Lamont, jointly urged FERC to reject a proposed profit increase for transmission owners. They argue the 11.39% return on equity would unfairly burden ratepayers and hinder economic competitiveness, following a recent order for…

Politics and Government Business Science & Technology General Politics Federal Government State Governments Economy Energy Legal New England Governors FERC Electricity Transmission Ratepayers Utility Profits Connecticut Energy Policy Connecticut Governors Office