November 17, 2006 - Nevada Hydro (ER06-278-000)
The Commission deferred ruling on the merits of certain rate incentives requested by the Nevada Hydro Co. for its proposed combined generation pumped storage/transmission project, pending submission of additional information necessary to complete the Commission's evaluation of the Nevada Hydro Co.'s proposal. Specifically, for the rate incentives on the generation portion of the combined project, the Commission needed more information to determine whether the transmission asset should be included in the California Independent Service Operator Corp. Transmission Access Charge.

October 31, 2006 - Bangor Hydro (ER04-157-004) Opinion No. 489
The Commission authorized a return on equity for the owners of the ISO New England transmission grid, including an incentive rate to encourage badly needed transmission expansion and ensure grid reliability in the New England region. The Commission affirmed in part, and reversed in part, a May 2005 Initial Decision by a Commission administrative law judge order approving returns on equity of 11.7 percent covering the initial rate effective date (February 1, 2005), until the date of the order, and 12.4 percent going forward. News Release

July 20, 2006 - AEP (EL06-50-000)
The Commission conditionally approved proposed incentive rates for American Electric Power Service Corp.'s new 765-kilovolt, 550-mile transmission line that would extend from West Virginia to New Jersey. The approved incentives include: (1) an ROE set at the high end of the zone of reasonableness; (2) the option to timely recover the cost of capital associated with construction work in progress (CWIP); and (3) the ability to expense and recover the costs AEP incurs during the pre-construction and pre-operating period. News Release

July 20, 2006 - Allegheny Energy (EL06-54-000)
The Commission granted the four incentives requested by the company and its subsidiaries, Monongahela Power Co., Potomac Edison Co. and West Penn Power Co. Allegheny proposes to construct a 500-kilovolt transmission line within the PJM region. The proposed line would extend from southwestern Pennsylvania to Virginia.  The approved incentives would include an ROE on the high end of the zone of reasonableness, recovery of CWIP and the ability to expense and recover pre-construction and pre-operating costs. News Release