This full article is only accessible by current license holders. Please login to view the full content.
Don't have a license yet? Click here to sign up for Public Utilities Fortnightly, and gain access to the entire Fortnightly article database online.
States continue to set ROE in price cap plans, stranded cost hearings, and some merger reviews.
In spite of a decline in the frequency of traditional utility rate cases, regulators at the state public utility commissions still have occasion to fix a target rate of return on common equity (em or ROE (em as a benchmark to determine what level of earnings is appropriate in a given setting.
And, as regulators in one state will often view an ROE set by a sister commission as the most reliable evidence of what should be reasonable in their own case, Public Utilities Fortnightly here revives a past feature for at least one more go-round: a survey of recent PUC determinations of ROE allowances for electric and gas distribution utilities.
This full article is only accessible by current license holders. Please login to view the full content.
Don't have a license yet? Click here to sign up for Public Utilities Fortnightly, and gain access to the entire Fortnightly article database online.