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Re: None

Thursday, 11/03/2005 10:09:28 AM

Thursday, November 03, 2005 10:09:28 AM

Post# of 7018
For starters CTC is pretty much required to have a finance type guy on the board, someone with CFO credentials.

After that they can get creative. The most bang for the buck would come from an industry professional with Public Utility Commission experience.

Virtually every transmission grid project in this country is approved by PUC's. The PUC's will no doubt be the ones making sure the utilities in their domain meet the standard when it comes to the reliability requirements required by the 2005 Energy Policy Act.

In general what does a PUC do?
They review and are responsible for the needs of the people and the environment.
They promote efficiency.
They ensure reliability.
The approve/disapprove projects.
They approve/disapprove changes in rates.

In California the CPUC does the following as it relates to energy:
The many responsibilities of the PUC include setting electric rates, protecting consumers, promoting energy efficiency, and ensuring electric system reliability.

In short, they have the guys who buy the cable by the balls. Jump! How high?

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