The Emera Return on Equity Inquiry and Interstate Gas Pipelines

Abstract

In June 2019, public comments were due to the Federal Energy Regulatory Commission (FERC) in response to a large list of fairly complicated questions the commission presented in a Notice of Inquiry (NOI) in Docket No. PL19‐4. The NOI represents a wide‐ranging reconsideration of how the commission arrives at allowed returns on equity (ROEs)—first for the electric public utilities where the current reexamination started and then—perhaps—for natural gas and liquids pipelines regulated under different federal statutes. We can assume by now the commission has received mountains of expertise‐laden discussions of related methodologies, data, investor expectations, and consumer interests.