JD Supra

FERC Sets NYPA Formula Rate Changes for Hearing, Including Proposed Template Utilizing “Massachusetts Method” for A&G Cost Allocation.

On January 23, 2023, FERC set New York Power Authority’s (“NYPA”) proposed revisions to its Formula Rate Template for hearing, including changing NYPA’s allocation methodology for administrative and ...
JD Supra

FERC Institutes Show Cause Proceeding on ComEd’s Formula Rate Protocols

On March 16, 2023, FERC found that Commonwealth Edison Company’s (“ComEd”) formula rate protocols under the PJM Interconnection, L.L.C. (“PJM”) Open Access Transmission Tariff (“OATT”) appear to be ...
The Nation Newspaper

FG orders RMAFC to fast-track revenue allocation formula review

The federal government has directed the Revenue Mobilization Allocation and Fiscal Commission (RMAFC) to accelerate the review of the revenue allocation formula, which has not been updated in over two ...
Naija Gist - Latest

Revenue formula: Yahaya Bello calls for reduction of FG's allocation

Gov. Yahaya Bello of Kogi, on Thursday called for the review of the revenue-sharing formula with the federal government’s share dropping from 52.68 per cent to 39 per cent. He also proposed that ...
LEADERSHIP Newspaper

Commission, Stakeholders Seek Fairness In Revenue Allocation Formula

The chairman of the Revenue Mobilisation Allocation and Fiscal Commission (RMAFC), Dr Mohammed Bello Shehu, has reaffirmed the Commission’s determination to produce a new, equitable, and data-driven ...