Ferc hypothetical capital structure

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August undefined, 2024

WebJun 13, 2011 · FERC says it has placed limitations on this incentive by requiring the actual capital structure to match the hypothetical structure at some point in time. Let's hope … Web3 ITC Holdings Corp., 121 FERC ¶ 61,229 (2007) (“2007 Order”). 4 16 U.S.C. § 824d. 5 Id. at P 8. 6. Id. at PP 46 and 48. 7. Id. at P 49. ... received a hypothetical capital structure for a transmission project as a rate incentive under Order No. 679, on a caseby-case basis,-15: or (b) the actual capital structure is beyond ...

18 CFR § 35.35 - Transmission infrastructure investment.

Webhypothetical capital structure because it appeared that the capital structure of the multi-faceted parent, InterNorth, was not representative of a gas distribution company. ... consistent with good regulatory practice." Id. at 23. In Florida Power & Light Co., 67 P.U.R.3d 113 (Fla. P.S.C. 1966), it was well rea- soned that: ... WebMay 11, 2024 · The coalition asked FERC to reduce the equity layer in ITC Midwest 's capital structure from 60% to 53% for ratemaking purposes. That change is necessary to place the ITC Holdings Corp. subsidiary in … business and company law 2nd edition pdf

order on reh’g - cms.ferc.gov

WebNov 14, 2024 · On November 2, 2024, FERC denied a complaint brought by the Iowa Coalition for Affordable Transmission (“ICAT”) alleging that ITC Midwest, LLC’s (“ITC Midwest”) capital structure, with a targeted 60%-40% equity-to-debt ratio, is unjust and … Webcapital structure of up to 60 percent equity and 40 percent debt, to remain in effect until the first transmission project it has been awarded through the SPP transmission owner … http://stoppathwv.com/stoppath-wv-blog/fercs-transmission-incentives-hypothetical-capital-structure h and m wedges

cms.ferc.gov

Webgranted hypothetical capital structure and regulatory asset incentives granted to Republic to future affiliates of Republic formed to operate in MISO. I. Background In Order No. 1000,4 the Commission required public utility transmission providers to eliminate provisions in Commission-jurisdictional tariffs and agreements that establish h and m welliesWeb(iv) Hypothetical capital structure; (v) Accelerated depreciation used for rate recovery; (vi) Recovery of 100 percent of prudently incurred costs of transmission facilities that are cancelled or abandoned due to factors beyond the control of the public utility; ... FERC-730, Report of transmission investment activity. business and commercial law firms in indiana

"WebIn accordance with ASC 980-835-25-1 and 30-1, AFUDC should be capitalized only during periods of construction and only if it is probable that the regulated utility will … " - Ferc hypothetical capital structure

Ferc hypothetical capital structure

FERC March 2024 Open Meeting Highlights PipelineLaw

Webregulatory asset its prudently-incurred costs, including pre-commercial and formation costs; (2) grants Midwest Power’s request to use an initial hypothetical capital structure of up to 60 percent equity and 40 percent debt; and (3) grants Midwest Power’s request to use a 50 basis point RTO adder. WebOn April 18, 2024, the Federal Energy Regulatory Commission (“FERC” or “the Commission”) issued an order (“Order No. 849-A”) 1 denying requests for rehearing of its final rule on federal income tax rates for jurisdictional natural gas pipelines (“Order No. 849”). 2 Order No. 849 adopted procedures for determining whether pipelines may be …

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WebJun 20, 2024 · On October 6, 2024, FERC approved Republic’s request for certain transmission rate incentives, such as a regulatory asset for pre-commercial costs, abandoned plant recovery, a hypothetical capital structure, and a regional transmission operator participation ROE adder. http://www.spiegelmcd.com/wp-content/uploads/2012/10/FERC_Order_WPPI_2012_10_03_12_59_48.pdf

WebSep 17, 2024 · Last, FERC was unpersuaded by Prairie Power’s argument that the MISO base ROE for transmission owners, as a small component of Prairie Power’s overall return due to its low percentage equity, inadequately compensates Prairie Power for its risk and thus justifies the use of a hypothetical capital structure. FERC stated that, to the extent ... WebApr 1, 2024 · On March 21, 2024, the Federal Energy Regulatory Commission (Commission or FERC) held its monthly open meeting. Highlights of the meeting included the following: ... This also includes non-ROE incentives, such as regulatory asset/deferred recovery of pre-commercial costs/CWIP, hypothetical capital structure, recovery of …

WebSep 24, 2024 · FERC stated that two circumstances demonstrate that a capital structure is anomalous and warrants the use of a hypothetical capital structure: when “ (a) the … WebIn accordance with ASC 980-835-25-1 and 30-1, AFUDC should be capitalized only during periods of construction and only if it is probable that the regulated utility will receive subsequent recovery through the ratemaking process. Any amounts that are not probable of recovery should not be capitalized.

Web129 FERC ¶ 61,242 . UNITED STATES OF AMERICA . ... We also find that Citizens’ capital cost recovery methodology, which includes a hypothetical capital structure of 50 percent debt and 50 percent equity and a 30-year levelized capital recovery approach, will produce just and reasonable results. 1;

http://www.girardslaw.com/library/CAAP_Reply_brief_in_seaway_FERC_case.pdf h and m werribeeWebApr 30, 2024 · Hypothetical Capital Structure -- Since rate setting begins before a transmission project is built and operational (remember, that guy rolling out of bed with an idea), FERC must set a capital structure long before it actually happens. It's hypothetical. A transmission owner's capital structure determines how much of the cost of the project … h and m welwyn garden cityWebSource_of_capital_structure Yes_No_for_dropdown_box_selection Form 2 Reference Gas Stored Underground Working Capital Total Adjusted Revenue Net Income No Net Plant CID ... Regulatory Debits (if incl. in a § 4 rate filing) FERC Form No. 501-G Opinion No. 414, 80 FERC ¶ 61,157 (1997); reh'g denied, Opinion No. 414-A, 84 FERC ¶ 61,084 (1998). business and computer institute londonWebexpenses and other transmission-related expenses through a regulatory asset (Regulatory Asset); (2) a hypothetical capital structure of 45 percent equity and 55 percent debt … business and company skateboard deckWebMar 19, 2024 · On March 19, 2024, the Federal Energy Regulatory Commission (FERC or Commission) issued a Notice of Proposed Rulemaking (NOPR) proposing substantial revisions to its incentive rate policies for electric transmission. The proposal is more generous than current FERC policies. Key elements of the proposal include: business and computer science degreehttp://stoppathwv.com/stoppath-wv-blog/ferc-transmission-incentives-evaluating-existing-incentives business and company skateboards marcWebPower to adopt a hypothetical capital structure of 50% equity and 50% long-term debt for purposes of determining its transmission revenue requirement, rather than using its actual capital structure of 18.9% equity and 81.1% debt. In this order, we reject the Filing, as discussed below. I. November 1 Filing business and company skateboard