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ITC > SEC Filings for ITC > Form 8-K on 3-Sep-2013All Recent SEC Filings

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Other Events

Item 8.01 Other Events.

On August 29, 2013, International Transmission Company's ("ITCTransmission") projected network rate of $2.305 per kW/month, Michigan Electric Transmission Company, LLC's ("METC") projected network rate of $2.781 per kW/month, and ITC Midwest LLC's ("ITC Midwest") projected network rate of $8.805 per kW/ month (which reflects a $4.125 million rate discount), for the period from January 1, 2014 through December 31, 2014, were posted by the Midcontinent Independent Transmission System Operator, Inc. The rates are based on ITCTransmission's, METC's, and ITC Midwest's Attachment O rate formulae using each company's respective projected net revenue requirement and load, in accordance with the Federal Energy Regulatory Commission's approvals in Docket Nos. ER06-1006, ER07-95, and ER07-887, for ITCTransmission, METC, and ITC Midwest, respectively.

Also on August 29, 2013, ITC Great Plains, LLC's ("ITC Great Plains") projected revenue requirement of $56,771,802 for the period from January 1, 2014 through December 31, 2014 was posted by the Southwest Power Pool ("SPP"). The projected revenue requirement is based on ITC Great Plains' formula rate under SPP's Open Access Transmission Tariff, in accordance with the Federal Energy Regulatory Commission's approval in Docket No. ER09-548.

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