Operates high-voltage electric transmission systems that carry electricity from generating stations to local distribution facilities for utilities, municipalities, cooperatives and other power suppliers.
10-K for FY2025, filed Feb 12, 2026
Utilities and other transmission customers pay for use of the company’s electric transmission systems. Billing agents bill customers monthly and collect fees, while rates are based on approved tariffs.
10-K for FY2025, filed Feb 12, 2026
$1.8B
10-K for FY2025, filed Feb 12, 2026
$1.8B ↗
Investor-owned utilities, municipalities, cooperatives and other power suppliers use the transmission systems. MISO and SPP bill customers and collect fees as billing agents.
10-K for FY2025, filed Feb 12, 2026
10-K for FY2025, filed Feb 12, 2026
Our principal transmission service customers are DTE Electric, Consumers Energy and IP&L, which accounted for approximately 23.0%, 22.4%…View ↗
Yes. It kept 29 cents of every revenue dollar as net income in .
10-K for FY2025, filed Feb 12, 2026
Growing. Revenue grew 32% in 4 years, from $1.3B in to $1.8B in , about 7% a year.
Expanded service territory
The latest report includes Wisconsin among the states where the company owns and operates high-voltage transmission systems; the older report described Wisconsin assets as under construction.
10-K for FY2022, filed Feb 10, 2023 10-K for FY2025, filed Feb 12, 2026Our business consists primarily of the electric transmission operations of our Regulated Operating Subsidiaries. Through our Regulated…View ↗
Our business consists primarily of the electric transmission operations of our Regulated Operating Subsidiaries. Through our Regulated…View ↗
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