FERC ALJ backs lower MISO transmission ROE

摘要

The base return on equity for transmission owners within MidcontinentrnIndependent System Operator’s footprint is too high to be just andrnreasonable, a FERC administrative law judge concluded Tuesday.rnThe ROE for most of MISO had been 12.38%, with one exceptionrnapplied to American Transmission Company, which had a base ROE ofrn12.2%. After finding that the zone of reasonableness for the region rangedrnfrom just 7.23% to 11.35%, ALJ David Coffman in an initial decision (EL14-rn12) Tuesday ruled that the base ROE should be cut to 10.32%.