New England governors ask federal regulators to reject proposed electricity profit increase
✦ NabkaNews BriefAuto-summarized from multiple outlets · verify with the source
New England governors are seeking federal regulatory action related to utility profits, with some reports indicating they are requesting a rejection of a proposed profit increase. There are also reports of a potential refund of $1.5 billion to consumers, although the details and outcomes of these efforts are unclear. Meanwhile, transmission owners in the region are reportedly asking federal regulators for an increase in their return on equity.
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