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Dive Brief:
Eversource Energy misclassified a roughly $385-million transmission project as an “asset management project” to avoid regulatory scrutiny, ratepayer advocates from five New England states said in a complaint filed Tuesday with the Federal Energy Regulatory Commission.
Under ISO New England’s rules, the asset condition management classification is only for projects that have been “damaged or destroyed” and only allows those facilities to be brought back to “substantially the same condition, character or use,” according to the complaint. Eversource’s disputed project in northern New Hampshire — X-178 — doesn't meet those conditions, the ratepayer advocates said.
Eversource contends the complaint is based on outdated information and is a misreading of ISO-NE’s rules for asset management projects, which the utility company will address in its response to the complaint at FERC, Olessa Stepanova, an Eversource spokeswoman, said in an email.
