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ITC Great Plains Fast Facts
- Headquartered in Topeka, Kansas
- Operational July 2006
- Wholly-owned subsidiary of ITC Holdings (NYSE: ITC)
- Executive management team comprised of two multi-generation Kansans
- Earned utility status from the Kansas Corporation Commission on June 5, 2006.
- Filed for utility status before the Oklahoma Corporation Commission on July 6, 2007 – status pending
- Member of Southwest Power Pool
- Regulated by FERC
Who is ITC Great Plains?
ITC Great Plains, LLC, was established as a subsidiary to ITC Grid Development, LLC, a subsidiary of ITC Holdings Corp. ITC Great Plains was established to address a recognized need for investment in transmission infrastructure in the Great Plains region.
Federal and state governments have identified a need for substantial investments in the regional electrical grid to ensure – including in Kansas and Oklahoma. In addition, both states possess tremendous wind energy resources. Developing clean, renewable energy resources requires the presence of transmission lines to move the power from the wind turbine to the homes and businesses that need power. ITC Great Plains wants to use its expertise to accomplish both goals in the Great Plains region, beginning with Kansas and Oklahoma.
To that end ITC Great Plains opened its offices in Topeka, Kansas in July 2006. We are fully committed to bringing the necessary resources to the Great Plains region to support your energy needs now and in the future.
Who is ITC Holdings Corp.?
ITC Holdings Corp. (NYSE: ITC) invests in the electricity transmission grid to improve electric reliability, improve access to markets, and lower the overall cost of delivered energy. ITC is the largest independent electricity transmission company in the country.
Through its subsidiaries, ITCTransmission, Michigan Electric Transmission Company, LLC (METC) and ITC Midwest LLC, ITC operates regulated, high-voltage transmission systems in Michigan's Lower Peninsula and portions of Iowa, Minnesota, Illinois and Missouri serving a combined peak load in excess of 25,000 megawatts. ITC is also focused on new areas where significant transmission system improvements are needed through subsidiaries ITC Grid Development, ITC Great Plains and ITC Panhandle Transmission.
What other companies does ITC Holdings own?
ITC Holdings subsidiaries include ITCTransmission, Michigan Electric Transmission Company (METC), ITC Midwest, ITC Grid Development and ITC Great Plains. ITCTransmission and METC operate contiguous, fully-regulated, high-voltage systems in Michigan’s Lower Peninsula, an area with a population of approximately 9.8 million people, that transmit electricity to local electricity distribution facilities from generating stations throughout Michigan and surrounding areas.
ITC Midwest, LLC, operates 6,800 miles of transmission lines in Iowa, Illinois, Missouri, and Minnesota. Subsidiary ITC Grid Development, LLC is focused on partnering with local entities and utilities in regions where significant transmission improvements are needed. For more information on ITC Holdings Corp., please visit http://www.itc-holdings.com. For more information on ITCTransmission or METC, please visit http://www.itctransco.com or http://metcllc.com.
What is a transmission grid?
A transmission grid is a high-voltage system that transmits electricity to local electric distribution facilities from generating plants.
What do transmission towers look like?
Unlike the smaller wooden electric poles that carry electricity through your neighborhood, transmission towers are large structures, often made of steel but sometimes of wood, that carry high-voltage electric wires across long distances.
What does it mean to be an independent transmission company?
Over the past 30 years there has been little significant investment in the nation’s electricity transmission infrastructure. During that same time, the demand for electricity has doubled. ITCTransmission, an ITC Holdings subsidiary, has invested more than $400 million in capital and maintenance projects since 2003 to improve and enhance the system in southeastern Michigan. As an independent transmission company, ITC Holdings and its subsidiaries are singularly focused on bringing the necessary investment to the nation’s transmission system in order to address this historical lack of investment as well as the growth in demand for electricity.
How does ITC Great Plains plan to provide better service to its customers?
ITC Great Plains will build an energy superhighway connecting our customers with reliable and low-cost electricity. We will do this by investing in capital projects in Kansas and Oklahoma that will deliver dependable electric service to businesses and homes.
These improvements will help develop renewable energy resources as well as relieve system congestion (which leads to service interruptions and loss of power), reduce losses that occur as electricity travels through the system, increase our reliability and stabilize the transmission system. All of these benefits lead to a decrease in overall energy cost.
Who would be customers of ITC Great Plains?
Our customers are companies who operate power plants and distribution systems. When a power plant generates electricity, we move the electricity from the power plant to the local distribution utility that delivers electricity to your home or place of business. By providing efficient and reliable transmission service we ensure the end-user has access to affordable, reliable, low-cost electricity. To see a picture of how the electric system works, visit here.
ITC Great Plains also has many Partners in Business – people and organizations who we depend on to operate efficiently and effectively. They include regulatory agencies, local governments, communities and business groups, legislators, environmental groups and vendors. Our Partners help keep our company healthy, viable, and strong.
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