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  1. ISO New England proposes suspending the Regional Greenhouse Gas Initiative (RGGI) and fixed fee while publishing operational data.

FERC Reviews Complaint Challenging ISO New England's Incentive Structure

1 report, 1 independent Updated Sep 22
AI-generated briefing. Brind wrote this from the reports listed below. It can be wrong. Each section says how much you can rely on it, and the sources are linked so you can check.

What happened

Some supportReported by 1 outlet

The Federal Energy Regulatory Commission is reviewing a complaint regarding the incentive structure of the Regional Transmission Office (RTO). The complaint seeks to strip transmission owners, including those associated with Avangrid's Central Maine Power, of an extra 0.5% return on equity they earn for being a member of ISO New England. This incentive is provided to encourage voluntary membership in regional organizations. States including Connecticut, Maine, and Maryland have filed complaints asking FERC to bar their utilities from collecting this ROE incentive.

From utilitydive.com

Why it matters

Some supportBrind's analysis of the reports

The 0.5% return on equity is given as an incentive to join a regional transmission organization or an independent system operator. The agencies argue that this adder imposes a substantial, incremental charge on electric transmission rates. For example, in 2024, the CMP and Versant-related adder increased charges in the New England region by about $6 million, with Maine ratepayers paying approximately $700,000.

ISO New England oversees the operation of New England's bulk electric power system.

From utilitydive.com

Who's involved

Who could feel it

Possible knock-on effects

These are possibilities Brind reasoned out, not predictions, and not advice. Most are not stated in any report.

  • ISO New EnglandSpeculative

    ISO New England might have its revenue incentive tied to its membership status reviewed and altered by FERC.

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ISO New England proposes suspending the Regional Greenhouse Gas Initiative (RGGI) and fixed fee while publishing operational data. All 1 developments

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Coverage

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