Date:
Mar 21, 2024Proceeding Type:
Viridon NE Incentive Rate TreatmentsDocket:
ER24-771Brief 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.