Introduction Virginia state public policy mandating underground transmission line preference affects ratepayers. On October 19, 2017, FERC issued Opinion No. 555 pursuant to Parties’ exceptions to the Initial Decision in Old Dominion Electric Cooperative and North Carolina Electric Membership Corporation v. Virginia Electric and Power Company, 161 FERC ¶ 61,054, reversing the Administrative Law […]
Formal Challenge of Delmarva Power & Light’s Formula Rate Denied
Formal Challenge of Delmarva Power & Light’s formula rate denied. On September 20, 2017, FERC issued an order denying the Delaware Municipal Electric Corporation, Inc.’s (“DEMEC”) formal challenge of Delmarva Power & Light Company’s (“Delmarva”) formula rate. Delmarva is required to update its annual transmission revenue requirement (“ATRR”) on May 15th each year (Annual Update). […]