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0.0010378057820609 -0.000444773906597496 0.000148257968865902 -0.000889547813194993 -0.000148257968865902 0.00207561156412158 0.00148257968865818 -0.00192735359525568
Stock impact report

New England states urge FERC to advance $1.5B in ratepayer refunds [Yahoo! Finance]

Eversource Energy (D/B/A) (ES) 
Last eversource energy (d/b/a) earnings: 2/19 04:15 pm Check Earnings Report
Company Research Source: Yahoo! Finance
Dive Brief: New England governors and utility regulators are urging the Federal Energy Regulatory Commission to dismiss a request from Eversource and Avangrid to let the region's utilities delay refunding about $1.5 billion to ratepayers until litigation is settled over how much return on equity they should be allowed to earn on their transmission assets. Since the first complaint over the utilities' transmission ROE was filed in 2011, the utilities overcharged ratepayers by more than $1 billion, while households face electricity affordability challenges, according to a Friday filing by the New England Conference of Public Utilities Commissioners . “Granting a stay would only compound this harm by further delaying urgently needed relief to the consumers who have borne these unjustified costs for more than a decade,” the group told FERC. FERC has already extended a 30-day deadline for the utilities to finish making the refunds to May 20, 2027. The transmission owners and ISO New Show less Read more
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