While the project is an integrated whole, its construction would proceed in two phases in order to allow ComEd to meet the requirements of the U.S. Department of Energy Sustainable and Holistic Integration of Energy Storage and Solar PV (SHINES) grant before the entire project is completed, the company said.
As noted in the July 28 filing made with the commission, the tariffs would produce electric and gas delivery revenue increases of $43m, and $18.1m, respectively, compared to the revenues approved in Rate Year 3 of the company’s current rate plan.
Eversource CFO Phil Lembo on July 28 said that the company’s transmission investments totaled about $375m in the first half of 2017, and that the company continues to target nearly $1bn in transmission investments for the year.
The phase that will be addressed at the open house is the North Jackson 138-kV Transmission Line Project, which is an approximate $10m investment to upgrade about four miles of transmission line in central Jackson County, according to a July 26 statement.
The Bureau of Land Management plans to offer a right of way grant by Aug. 3 for the Energy Gateway West project, but will need to conduct an environmental assessment to authorize the remaining portions of the preferred routes outside of the Snake River Birds of Prey National Conservation Area, the company said.
American Electric Power Chairman, President and CEO Nicholas Akins on July 27 said that the project is not presently in the company’s capital plan because various regulatory commissions need time for review.
The approved projects include the replacement of a large and outdated substation that serves healthcare buildings, government, education, transportation centers, and other critical infrastructure customers in Newark, N.J., PJM said on July 26.
An Eversource spokesperson told TransmissionHub on July 26 that the power purchase agreement has been withdrawn, and that “Eversource and HQ have stated their commitment to work to develop an alternative agreement to provide benefits to [New Hampshire] customers, but no new agreement yet exists.”