Regulated Transmission & Distribution
Structural Advantages
- 6th-largest T&D company
- Top-quartile costs and reliability
- High-growth region
- Efficient capital recovery
- No commodity exposure
- No retail customers
- Become the most economical and reliable transmission and distribution service company in the U.S. through a commitment to redefine top-decile reliability and cost performance
- Achieved top-quartile reliability
- Continued to execute 3-year, reliability-centered capital expenditure plan, funded 75% through growth or tracker mechanisms
- Constructed 300 circuit miles of transmission line and 500 circuit miles of distribution line
- Continued to transform the network into the nation’s first 21st-century broadband-enabled smart grid, including installation of over 213,000 advanced meters, 2,090 automated capacitor controls, and 225 automated smart switches
- Continued superior cost management, achieving top-decile performance for O&M per MWh delivered, with wires charges 7% below the state average
- Achieved top-decile safety performance
