Delaware balks at power line funding formula
Delaware utility regulators are balking at a plan to make Delmarva Peninsula customers help fund a $200 million power line project benefiting New Jersey and Pennsylvania.
New York-based LS Power is planning a 230-kilovolt line from the Salem/Hope Creek nuclear complex in New Jersey under the Delaware River to a transmission station in Red Lion, Delaware. The power will then be distributed to other areas outside the state. None of the electricity will be used by consumers in Delaware.
The proposal requires approval from PJM Interconnection, which manages the regional electrical grid. Construction costs will be shared by utility users across the entire system, even if they don’t receive the power. The funding formula is set by the Federal Energy Regulatory Commission.