On November 18, 2021, in Docket No. ER18-1639, FERC issued an order on rehearing, lowering the ROE for Mystic from that determined its order (9.33%) to 9.19%. Mystic Generating Station in New England is operating under a cost-of-service contract as ISO-NE has determined that the facility is needed for reliability while the owner of the facility requested permission to cease operations. FERC made this change for the following reasons:
Dr. Paul Dumais
CEO of Dumais Consulting with expertise in FERC regulatory matters, including transmission formula rates, reactive power and more.