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

Posted 3 hours ago by

Maine Morning Star –

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 []