AI Summary

Eversource, Avangrid, and other New England transmission owners submitted a request to the Federal Energy Regulatory Commission on Thursday. They asked the agency to raise their base return on equity from the 9.57% level set about six weeks earlier to 11.39%. The utilities said the higher return is necessary to attract capital for their transmission projects. The request follows the recent FERC decision that established the 9.57% benchmark. No further details on the commission’s response were provided.

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