Tag: utility_profits

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