Joshua A. Konecni Associate Counsel Rockland Electric Company 4 Irving Place, Room 1815-S, New York, NY 10003 Tel.: 212-460-3593 Email:
[email protected] January 26, 2017 Hon. Kimberly D. Bose Secretary Federal Energy Regulatory Commission 888 First Street, N.E. Washington, D.C. 20426 Re: Rockland Electric Company, Docket No. ER17-___856-000 Dear Ms. Bose: Pursuant to Sections 205 and 219 of the Federal Power Act,1 Part 35 of the Commission’s Regulations,2 and Order No. 679,3 Rockland Electric Company (“RECO”) respectfully requests that the Commission approve: (1) the attached Tariff sheets updating RECO’s stated annual transmission revenue requirement, transmission rates, and rate for Schedule 1A services;4 (2) a new RECO base return on equity (“ROE”) of 10.2 percent; and (3) a 50 basis point ROE adder for RECO’s continued participation in PJM Interconnection L.L.C. (“PJM”), a Regional Transmission Organization (“RTO”) (“RTO Participation Incentive”).5 RECO is thus seeking a new total ROE of 10.7 percent, which is less than its current ROE of 11.11 percent. In support of this filing, RECO submits the testimony and associated exhibits of: (1) Francis Peverly, Vice President - Operations, Orange and Rockland Utilities, Inc. (“O&R”); (2) the accounting panel of John de la Bastide, Jack Deem, and Wenqi Wang, (“Accounting Panel”); and (3) Adrian McKenzie. RECO also submits the cost of service 1 16 U.S.C. §§ 824d and 824s (2012). 2 18 C.F.R. §35.13 (2016). 3 Promoting Transmission Investment through Pricing Reform, Order No.