Christopher Drake

Christopher Drake

Morgan Lewis

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FERC Changes Electric Utility Return-on-Equity Calculation

The Commission’s order applies the same methodology used for natural gas and oil pipeline return on equity and discards the former one-step calculation in favor of a two-step calculation that uses short- and long-term growth...more

6/26/2014 - Consumer Utility Costs FERC Utilities Sector

FERC Reaffirms Reliance on “Committed Shipper” Rate Agreements for Oil Pipelines

The Commission emphasizes that a committed shipper negotiated rate’s deviation from cost-of-service does not overturn the presumption that the rate is just and reasonable....more

3/11/2014 - Energy FERC Oil & Gas Pipelines Shipping

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