Regional Transmission Entity Bill Filed in NC House

NC House Chambers

Photo by Jorge Valencia / UNC

Regional Transmission Entity Bill Filed in NC House

North Carolina House Bill 958 (H958) was filed on Thursday, April 25 with bipartisan sponsorship. The bill would give the North Carolina Utilities Commission (NCUC) authority to require any electric public utility to participate in or establish a Regional Transmission Entity (RTE) and appropriate $750,000 to study the benefit of an RTE to retail electric consumers. Electric service in North Carolina is currently provided by an investor-owned utility (IOU).

The study would be conducted by an independent third party and be designed with input from a diverse group of stakeholders. The NCUC would be expected to submit a final report of the study's findings and recommendations, including stakeholder input, to the Joint Legislative Commission on Energy Policy and the North Carolina Energy Policy Council no later than March 1, 2020