CP&L Energy, Duke Energy and SCANA Corp. to Propose RTO

“Taking a regional approach to transmission is both efficient and ultimately beneficial to all of our customers,” said William Cavanaugh, CP&L Energy chairman, president and CEO. “Planning for and operating transmission on a regional basis should make our already competitive wholesale electricity markets even more robust.”

WASHINGTON-The states of Michigan, Ohio, West Virginia and Rhode Island have made the greatest strides toward electric restructuring this year, an update of the Retail Energy Deregulation Index 2000 (RED Index) revealed.

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