Eversource, Avangrid ask FERC to stay $1.5B refund decision

The utility companies asked the agency to put a hold on a recent return on equity decision, saying consumers could be hurt by “rate whiplash” if the refunds are overturned in court.

The utility companies asked the agency to put a hold on a recent return on equity decision, saying consumers could be hurt by “rate whiplash” if the refunds are overturned in court.