Yesterday, FERC issued an Order Denying Rehearing of its earlier decision to deny PATH an additional half a percent of return on equity for its membership in PJM.
The Commission explained again that because PATH never (and will never) turn any transmission lines over to PJM for operation that it is no longer eligible for the incentive bonus point adder.
End of that chapter. More PATH saga to come.... stay tuned.
The Commission explained again that because PATH never (and will never) turn any transmission lines over to PJM for operation that it is no longer eligible for the incentive bonus point adder.
End of that chapter. More PATH saga to come.... stay tuned.
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