ledyard-colby your lines. your lights. your...

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your community. your lines. your lights. SECOND QUARTER 2014 877.ITC.ITC9 (877.482.4829) www.itctransco.com 123 Fifth Street SE Cedar Rapids, Iowa 52401 6750 Chavenelle Road Dubuque, Iowa 52002 Welcome to this first newsletter provided for you, our neighbors, along the route of the proposed Ledyard-Colby 345,000 volt (345 kV) electric transmission line. This will be the first of several newsletters we will send over the coming months as ITC works to build this important energy connection. We hope these newsletters give you timely updates on our activities and answer questions you may have about the project. The Ledyard-Colby project is an important component to improving energy reliability in our region. This 55-mile line will provide a critical link to help improve electric reliability, reduce transmission congestion and help new sources of generation connect to the regional transmission system. One of the articles inside this newsletter explains where this project fits into a group of Multi-Value Projects that ITC and MidAmerican Energy Co. are planning to build in Iowa and Minnesota. We are grateful for the support many of you have shown so far in this process with your willingness to sign an easement to allow for line construction. Representatives from JCG Land will continue to meet with you and your neighbors and are making good progress securing the needed easements. Thank you for your gracious response to our team. Whenever I meet with landowners, I stress ITC’s commitment to treating them with respect. It is my expectation that in all your dealings with our company you are treated honestly and respectfully, from the initial landowner meetings, throughout the line design, construction and clean-up process, and certainly continuing through its ongoing operations. If that is not your experience, please let me know. I value the contribution you are making to this important project and want to make sure it is a good experience for you throughout the process. We are grateful for your contribution to this effort and look forward to working closely with you in the months ahead. n Dear Neighbors, Sincerely, Doug Collins President, ITC Midwest Return Service Requested 123 Fifth Street SE Cedar Rapids, Iowa 52401 your community. your community. your lines. your lights. your lines. your lights. 345 kV Ledyard-Colby TRANSMISSION LINE PROJECT About ITC Midwest ITC Midwest is the Cedar Rapids-based subsidiary of ITC Holdings Corp., the nation’s only fully independent electric transmission company. ITC Midwest acquired the electric transmission system from Alliant Energy’s Interstate Power and Light Co. subsidiary in December 2007. Since that time, the company has been active in the region, building needed electric transmission lines and improving existing lines. Since its formation, ITC Midwest has invested nearly $1.5 billion in the electric transmission system in Iowa and Minnesota. Part of that investment was the 81-mile, 345 kV Salem-Hazleton line that ITC Midwest built across Buchanan, Delaware, Dubuque and Jackson Counties, from the Hazleton substation to the company’s Salem substation south of Dubuque. ITC employs more than 90 people in Iowa and Minnesota, and maintains operating facilities at Dubuque, Iowa City, and Perry, Iowa, and Albert Lea and Lakefield, Minnesota. n Did you know? There are nearly 65,000 miles of electric transmission lines across the country that are roughly the same voltage as the proposed Ledyard-Colby project. That’s enough line to circle the earth about two and one half-times at the equator. ITC Midwest currently operates more than 450 miles of transmission lines of this size. That is roughly equal to one and one half the width of the state of Iowa. Give us a call If you have any questions about the plans for the Ledyard-Colby line, please give us a call. You can contact ITC toll-free at 1-877-482-4829. 345 kV Ledyard-Colby TRANSMISSION LINE PROJECT

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Page 1: Ledyard-Colby your lines. your lights. your community.itctransco-itc-prod.barkleylabs.com/images/documents... · your lines. your lights ... The company’s investments in the transmission

your community.your lines. your lights.

SECOND QuartEr 2014

877.ITC.ITC9 (877.482.4829)www.itctransco.com

123 Fifth Street SE Cedar rapids, Iowa 52401

6750 Chavenelle roadDubuque, Iowa 52002

Welcome to this first newsletter provided for you, our neighbors, along the route of the proposed Ledyard-Colby

345,000 volt (345 kV) electric transmission line. This will be the first of several newsletters we will send over the

coming months as ITC works to build this important energy connection. We hope these newsletters give you timely

updates on our activities and answer questions you may have about the project.

The Ledyard-Colby project is an important component to improving energy

reliability in our region. This 55-mile line will provide a critical link to help

improve electric reliability, reduce transmission congestion and help new

sources of generation connect to the regional transmission system. One of

the articles inside this newsletter explains where this project fits into a group

of Multi-Value Projects that ITC and MidAmerican Energy Co. are planning to

build in Iowa and Minnesota.

We are grateful for the support many of you have shown so far in this process

with your willingness to sign an easement to allow for line construction.

Representatives from JCG Land will continue to meet with you and your

neighbors and are making good progress securing the needed easements.

Thank you for your gracious response to our team.

Whenever I meet with landowners, I stress ITC’s commitment to treating them with respect. It is my expectation

that in all your dealings with our company you are treated honestly and respectfully, from the initial landowner

meetings, throughout the line design, construction and clean-up process, and certainly continuing through its

ongoing operations. If that is not your experience, please let me know. I value the contribution you are making

to this important project and want to make sure it is a good experience for you throughout the process. We are

grateful for your contribution to this effort and look forward to working closely with you in the months ahead. n

Dear Neighbors,

Sincerely,

Doug CollinsPresident, ITC Midwest

Return Service Requested123 Fifth Street SE Cedar Rapids, Iowa 52401

your community.your community.your lines. your lights. your lines. your lights.

345 kVLedyard-Colby TransmIssIon L Ine ProjeCT

About ITC Midwest ITC Midwest is the Cedar Rapids-based subsidiary of ITC Holdings

Corp., the nation’s only fully independent electric transmission

company. ITC Midwest acquired the electric transmission system

from Alliant Energy’s Interstate Power and Light Co. subsidiary in

December 2007. Since that time, the company has been active

in the region, building needed electric transmission lines and

improving existing lines. Since its formation, ITC Midwest has

invested nearly $1.5 billion in the electric transmission system in

Iowa and Minnesota. Part of that investment was the 81-mile, 345

kV Salem-Hazleton line that ITC Midwest built across Buchanan,

Delaware, Dubuque and Jackson

Counties, from the Hazleton

substation to the company’s Salem

substation south of Dubuque.

ITC employs more than 90 people

in Iowa and Minnesota, and

maintains operating facilities at

Dubuque, Iowa City, and Perry,

Iowa, and Albert Lea and Lakefield,

Minnesota. n

Did you know?There are nearly 65,000 miles of electric transmission lines across the country that are roughly the same voltage as the proposed Ledyard-Colby project. That’s enough line to circle the earth about two and one half-times at the equator.

ITC Midwest currently operates more than 450 miles of transmission lines of this size. That is roughly equal to one and one half the width of the state of Iowa.

Give us a callIf you have any questions about the plans for the Ledyard-Colby line, please give us a call. You can contact ITC toll-free at 1-877-482-4829.

345 kVLedyard-Colby TransmIssIon L Ine ProjeCT

Page 2: Ledyard-Colby your lines. your lights. your community.itctransco-itc-prod.barkleylabs.com/images/documents... · your lines. your lights ... The company’s investments in the transmission

SECOND QuartEr 2014

The Ledyard-Colby project is part of nearly 400 miles of 345 kV transmission lines proposed by ITC and MidAmerican

Energy Co. in north central Iowa and southwestern Minnesota to improve reliability, enable wind energy connections,

and meet the region’s growing energy needs.

The proposed lines resulted from extensive analysis of the region’s energy needs by the

regional independent transmission planning organization, the Midcontinent

Independent System Operator or MISO. The final proposal was defined

in MISO’s multi-year Multi-Value Project (MVP) study, conducted with

substantial input from utilities, electric generation developers and state

utility commissions.

In proposing the projects, MISO set out to accomplish several

objectives, including:

• Improve the operations and efficiency of the regional

energy markets;

• Provide access to low-cost generation;

• Reduce the need for utilities to build future generation to meet

their reserve requirements;

• Reduce energy wasted because of constraints, inefficiency and line

losses on the system;

• Allow for the optimal use of wind energy resources, and;

• Provide options for future energy solutions.

The resulting 17 MVPs provide real and tangible benefits under several different future

economic and regulatory scenarios. MISO approved the group of projects in December

2011 and authorized transmission owners like ITC and MidAmerican Energy to begin the

activities (such as routing, designing and seeking regulatory approvals) to build the lines to

meet the objectives that MISO established.

The Ledyard-Colby project will connect ITC’s proposed Ledyard substation in Kossuth

County to the company’s proposed Colby substation northwest of Mason City, Iowa.

The project is part of MVP 4, which continues on from the Colby substation south and

east to ITC’s existing Hazleton substation in Buchanan County. MidAmerican Energy

will be responsible for roughly 80 miles of MVP 4 and ITC will be responsible for

approximately 110 miles of MVP 4, including the Ledyard-Colby line. n

Ledyard-Colby Line Part of MVPs in Iowa

Delivering Reliable Energy and Economic GrowthEnergy is critical to Iowa’s economic health. ITC supports Iowa’s economic growth by investing in electricity transmission infrastructure. The company’s investments in the transmission system improve electric reliability and reduce energy congestion and system losses. A robust transmission system gives local utility companies access to a wider variety of generation sources, so those utilities can provide customers with electricity from the most cost-effective sources. That is critical for Iowa companies working in competitive environments. n

Transmission lines:

• Deliver a dependable supply of energy that benefits everyone.

• Improve the ability of local utility companies to access a wider variety of electrical sources, improving electric service and allowing local utilities to provide customers with electricity from the most cost-effective generation sources.

• Deliver the dependable and cost-effective electricity that an industry or business needs to be competitive, allowing existing businesses to expand and helping to attract new businesses to the state.

• Enable wind developers to build generation in Iowa and deliver their clean and renewable product to the citizens demanding it.

Regulatory Process Sets Requirements for Ledyard-Colby LineITC Midwest can only proceed with building the Ledyard-Colby electric transmission line after it has received permission from the Iowa Utilities Board (IUB), the Iowa state agency responsible for regulating electric, natural gas and telecommunications utilities in the state. The process requires transmission owners like ITC to obtain a permit, called an electric franchise, from the IUB.

ITC initiated the Ledyard-Colby electric franchise process with the IUB public meetings in Kensett, Thompson and Lakota in August 2013. Following those meetings, representatives from JCG Land began meeting with landowners to negotiate voluntary easements. Given initial and ongoing positive response from landowners, ITC on March 31, 2014, made its franchise applications with the IUB for the line.

The IUB staff is currently reviewing the applications on a number of factors, including need, alignment with electric utility

planning, and adherence to the IUB rules. Once the IUB has concluded its review, it may hold a hearing to decide whether or not to issue the franchises to allow the line to be constructed. As the easement agreements specify, ITC will distribute payments for landowner easements once regulatory approvals have been received. Based on the current regulatory schedule, ITC anticipates an IUB decision on the franchises by 2015. The company has proposed beginning line construction in 2016 with completion in early 2018. n

345 kVLedyard-Colby TransmIssIon L Ine ProjeCT

Proposed ITC Midwest Line Project

Proposed MEC Line Project

Proposed ITC Substation Project

Proposed MEC Substation Project

Adair

Allamakee

Audubon

Benton

Black Hawk

Boone

Bremer

Buchanan

Buena VistaButler

Calhoun

Carroll

Cass

Cedar

Cerro Gordo

Cherokee

ChickasawClay

Clayton

Clinton

Crawford

Dallas

Delaware

DickinsonEmmet

Fayette

Floyd

Franklin

Greene

Grundy

Guthrie

Hamilton

Hancock

Hardin

Harrison

Howard

Humboldt

Ida

Iowa

Jackson

JasperJohnson

Jones

Keokuk

Kossuth

Linn

Louisa

Lyon

Madison MahaskaMarion

Marshall

Mitchell

Monona

Muscatine

O'Brien Palo Alto

Plymouth Pocahontas

Polk

Pottawattamie

PoweshiekScott

Shelby

Sioux

Story Tama

Warren Washington

Webster

Winnebago

Woodbury

Worth

Wright

Adams

Buffalo

Clark

Crawford

Dane

Dunn

Eau Claire

GrantGreen

Iowa

Jackson

Juneau

La Crosse

Lafayette

Marathon

Monroe

Pepin

Pierce

Portage

Richland

Sauk

Trempealeau

Vernon

Wood

Blue Earth

Brown

Carver

Chippewa

Cottonwood

Dakota

Dodge

FaribaultFillmoreFreeborn

Goodhue

Houston

Jackson

Lac Qui Parle

Le SueurLincoln Lyon

Martin

McLeod

Mower

Murray

Nicollet

Nobles

OlmstedPipestone

Redwood

Renville

Rice

Rock

ScottSibley

Steele

Wabasha

WasecaWatonwan Winona

Yellow Medicine

Carroll

Henry

JoDaviess

Mercer

Rock Island

Stark

Stephenson

Whiteside

Adams

Appanoose

Clarke

DavisDecatur

Des Moines

Fremont

HenryJefferson

Lee

LucasMills MonroeMontgomery

Page RinggoldTaylor

Union

Van Buren

Wapello

Wayne

Sac

Dubuque

WinneshiekOsceola

Proposed ITC Midwest Line Project

Proposed MEC Line Project

Proposed ITC Substation Project

Proposed MEC Substation Project

Adair

Allamakee

Audubon

Benton

Black Hawk

Boone

Bremer

Buchanan

Buena VistaButler

Calhoun

Carroll

Cass

Cedar

Cerro Gordo

Cherokee

ChickasawClay

Clayton

Clinton

Crawford

Dallas

Delaware

DickinsonEmmet

Fayette

Floyd

Franklin

Greene

Grundy

Guthrie

Hamilton

Hancock

Hardin

Harrison

Howard

Humboldt

Ida

Iowa

Jackson

JasperJohnson

Jones

Keokuk

Kossuth

Linn

Louisa

Lyon

Madison MahaskaMarion

Marshall

Mitchell

Monona

Muscatine

O'Brien Palo Alto

Plymouth Pocahontas

Polk

Pottawattamie

PoweshiekScott

Shelby

Sioux

Story Tama

Warren Washington

Webster

Winnebago

Woodbury

Worth

Wright

Adams

Buffalo

Clark

Crawford

Dane

Dunn

Eau Claire

GrantGreen

Iowa

Jackson

Juneau

La Crosse

Lafayette

Marathon

Monroe

Pepin

Pierce

Portage

Richland

Sauk

Trempealeau

Vernon

Wood

Blue Earth

Brown

Carver

Chippewa

Cottonwood

Dakota

Dodge

FaribaultFillmore

Freeborn

Goodhue

Houston

Jackson

Lac Qui Parle

Le SueurLincoln Lyon

Martin

McLeod

Mower

Murray

Nicollet

Nobles

OlmstedPipestone

Redwood

Renville

Rice

Rock

ScottSibley

Steele

Wabasha

WasecaWatonwan Winona

Yellow Medicine

Carroll

Henry

JoDaviess

Mercer

Rock Island

Stark

Stephenson

Whiteside

Adams

Appanoose

Clarke

DavisDecatur

Des Moines

Fremont

HenryJefferson

Lee

LucasMills MonroeMontgomery

Page RinggoldTaylor

Union

Van Buren

Wapello

Wayne

Sac

Dubuque

WinneshiekOsceola

Black Hawk

Hazleton

KilldeerColby

Ledyard

HuntleyLakefield Jct.

KossuthCounty

Iowa Utilities Board Approves Colby-Killdeer LineOn May 1, the Iowa Utilities Board issued its order approving ITC’s franchise for a 345 kV transmission line connecting ITC’s proposed Killdeer substation with the company’s proposed Colby substation, where the line will interconnect with the Ledyard to Colby line segment. The Colby-Killdeer line is also designated as part of MVP 4 by MISO. ITC is planning to begin construction of the Colby-Killdeer project in September of this year, with completion in early 2015.