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FERC Slashes New England Utility Rates, Saves Ratepayers $140M

FERC Slashes New England Utility Rates, Saves Ratepayers $140M

Portland Maine News Today | 2 Min News | The Daily News Now! · The Daily News Now!

March 31, 20261m 12s

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Show Notes

Federal regulators slash New England utility companies transmission line charges, setting a new base rate of 9.57%. This decision brings relief to customers with potential savings of $140 million annually and refunds totaling $1.5 billion. Legal challenges may delay the refund process.

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