FERC approves settlement agreement for TrAIL


NFPA 70b Training - Electrical Maintenance

Our customized live online or in‑person group training can be delivered to your staff at your location.

  • Live Online
  • 12 hours Instructor-led
  • Group Training Available
Regular Price:
$699
Coupon Price:
$599
Reserve Your Seat Today
The Federal Energy Regulatory Commission (FERC) has approved a settlement agreement that establishes formula rates for the proposed Trans-Allegheny Interstate Line (TrAIL) and other related transmission projects.

The settlement agreement, filed earlier this year by Allegheny EnergyÂ’s subsidiary, Trans-Allegheny Interstate Line Company (TrAILCo), includes the following:

• an incentive return on equity rate of 12.7 percent for the TrAIL project; • an incentive return on equity rate of 12.7 percent for the static VAR compensator installed at the existing Black Oak Substation, and

• a return on equity rate of 11.7 percent for any other projects TrAILCo may undertake for which no incentive return has been requested.

The settlement agreement, called “fair and reasonable and in the public interest” by FERC in its order, resolves all issues associated with establishing the transmission cost of service formula for TrAILCo.

Incentive rate treatment is intended to encourage new investment in electric transmission projects that will improve the reliability of electric service.

The TrAIL project will span portions of southwestern Pennsylvania, West Virginia and Virginia. TrAILCo is seeking regulatory approvals from the utility commissions in those states and expects a decision by the West Virginia Public Service Commission by early August. State regulators in Pennsylvania and Virginia are also expected to issue decisions later this year.

Related News

Iceland Cryptocurrency mining uses so much energy, electricity may run out

Iceland Bitcoin Mining Energy Shortage highlights surging cryptocurrency and blockchain data center electricity demand, as…
View more

Seven small UK energy suppliers must pay renewables fees or risk losing licence

Ofgem Renewables Obligations drive supplier payments for renewables fees, feed-in tariffs, and renewable generation, with…
View more

Consumers Coalition wants Manitoba Hydro?s proposed rate increase rejected

Manitoba Hydro Interim Rate Increase faces PUB scrutiny as consumers coalition challenges a 5% electricity…
View more

N.B. Power hits pause on large new electricity customers during crypto review

N.B. Power Crypto Mining Moratorium underscores electricity demand risks from bitcoin mining, straining the energy…
View more

Canada Finalizes Clean Electricity Regulations for 2050

Canada Clean Electricity Regulations align climate policy with grid reliability, scaling renewables, energy storage, and…
View more

CT leads New England charge to overhaul electricity market structure

New England Grid Reform Initiative aligns governors with ISO New England to reshape market design,…
View more

Sign Up for Electricity Forum’s Newsletter

Stay informed with our FREE Newsletter — get the latest news, breakthrough technologies, and expert insights, delivered straight to your inbox.

Electricity Today T&D Magazine Subscribe for FREE

Stay informed with the latest T&D policies and technologies.
  • Timely insights from industry experts
  • Practical solutions T&D engineers
  • Free access to every issue

Live Online & In-person Group Training

Advantages To Instructor-Led Training – Instructor-Led Course, Customized Training, Multiple Locations, Economical, CEU Credits, Course Discounts.

Request For Quotation

Whether you would prefer Live Online or In-Person instruction, our electrical training courses can be tailored to meet your company's specific requirements and delivered to your employees in one location or at various locations.