Allegheny Energy Announces Significant Development for Pennsylvania Transmission Project.GREENSBURG, Pa. -- Trans-Allegheny Interstate Line Company (TrAILCo), a subsidiary of Allegheny Energy Allegheny Energy (NYSE: AYE) is a traditional public utility based in the Pittsburgh suburb of Greensburg. It services communities in Western Pennsylvania, Western Maryland, Northern West Virginia, Northwest Virginia. , Inc. (NYSE NYSE See: New York Stock Exchange :AYE), announced today a settlement agreement regarding the Pennsylvania segment of its proposed transmission line project, the Trans-Allegheny Interstate Line (TrAIL). The agreement between TrAILCo and the Greene County Greene County is the name of fourteen counties in the United States of America, each named in honor of American Revolutionary War general Nathanael Greene:
contingent upon, dependant on, dependant upon, dependent on, dependent upon, depending on, contingent final Commission approval of a 1.2-mile segment of the 500 kilovolt kilovolt (kil´  vōlt),n the unit of electrical potential equal to 1000 volts. (kV) line extending from a new substation in Greene County, Pennsylvania Greene County is a county located in the U.S. state of Pennsylvania and is part of the Pittsburgh DMA. As of 2000, the population was 40,672. Greene County was created on February 9, 1796 from part of Washington County and named for General Nathaniel Greene. , to the West Virginia West Virginia, E central state of the United States. It is bordered by Pennsylvania and Maryland (N), Virginia (E and S), and Kentucky and, across the Ohio R., Ohio (W). Facts and Figures Area, 24,181 sq mi (62,629 sq km). Pop. border. TrAILCo and Greene County officials intend to encourage other parties to join the agreement, after which the agreement will be filed with the Commission for approval. This 1.2-mile segment addresses critical reliability concerns that could result in blackouts, rolling blackouts or brownouts for the Mid-Atlantic Region, including Pennsylvania, as early as 2011. Key elements of the settlement agreement include: * Greene County agrees that the Commission should approve all elements of TrAILCo's request for Commission approval of the new substation in Greene County and the 1.2-mile segment of the transmission line to the West Virginia border. * TrAILCo will relinquish its title to rights-of-way or easements EASEMENTS, estates. An easement is defined to be a liberty privilege or advantage, which one man may have in the lands of another, without profit; it may arise by deed or prescription. Vide 1 Serg. & Rawle 298; 5 Barn. & Cr. 221; 3 Barn. & Cr. 339; 3 Bing. R. 118; 3 McCord, R. associated with the proposed 36-mile segment of 500 kV line in Washington and Greene counties and the associated 138 kV lines in Washington County. This element of the agreement is not contingent on Commission approval. * Greene County officials recognize that it is in the public interest for parties to work together expeditiously ex·pe·di·tious adj. Acting or done with speed and efficiency. See Synonyms at fast1. ex to find practical solutions to resolve reliability issues that TrAILCo anticipates will occur in Washington County by 2009. TrAILCo will work in a collaborative process with Greene County officials and others to identify alternatives such as demand side management and energy-efficiency programs; improvements to existing transmission lines, substations and related equipment; or other new transmission infrastructure. * TrAILCo will contribute $750,000 to Greene County to support educational, environmental, public health and community infrastructure plans. The company will not seek to recover these contributions through rates. The agreement follows a motion filed by TrAILCo earlier in September asking the Commission to defer a decision on the 36-mile segment of TrAIL and related facilities so the company could pursue a more collaborative process to resolve local reliability issues. The motion also requests timely Commission approval for the 1.2-mile segment necessary to ensure reliability of the regional electric grid. Allegheny Energy Headquartered in Greensburg, Pa., Allegheny Energy is an investor-owned electric utility with total annual revenues of over $3 billion and more than 4,000 employees. The company owns and operates generating facilities and delivers low-cost, reliable electric service to approximately 1.6 million customers in Pennsylvania, West Virginia, Maryland and Virginia. For more information, visit our Web site at www.alleghenyenergy.com. |
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