Mar 21, 2024 order on Viridon Incentive Rate Treatments ER24-771
Date:
Mar 21, 2024
Proceeding Type:
Viridon NE Incentive Rate Treatments
Docket:
ER24-771
Brief Description:

FERC grants, effective Mar 21, 2024,  Viridon NE’s request (i) for authorization to include in a regulatory asset account its prudently incurred pre-commercial and formation costs for later recovery, (ii) to use a hypothetical capital structure of 60% equity and 40% debt, to remain in effect until the first transmission project is placed in service; (iii) for a 50-basis-point ROE RTO Adder); and (iv) authorization to replicate the incentive rate treatments granted in this docket for future affiliates formed to operate in New England.

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