- Aug 3, 2021 5:21 pm GMT
The transmission component of our members’ electric bills has soared. According to the Edison Electric Institute (EEI), transmission spending from investor-owned electric utilities surged 42 percent from $17.7 billion in 2013 to $25.1 billion in 2019. U.S. demand increased by 2.3 percent. Transmission projects subject to competition represent only about 3 percent of U.S. transmission investments between 2013-2017. Transmission additions subject to competition, however, have projected reductions of up to 33 percent and include a variety of other ratepayer protections.
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