Home Energy McKee, New England governors urge federal regulators to block utility profit hike

McKee, New England governors urge federal regulators to block utility profit hike

GOV. DANIEL J. McKee has joined all five other New England governors in urging federal regulators to reject a proposal by regional transmission owners to raise their allowed profit margins./ PBN FILE PHOTO/MICHAEL SALERNO

PROVIDENCE – Gov. Daniel J. McKee has joined all five other New England governors in urging federal regulators to reject a proposal by regional transmission owners to raise their allowed profit margins, warning it would increase electricity costs for already-strained ratepayers. In a joint filing to the Federal Energy Regulatory Commission dated May 21, the

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