"We view the [Entergy-ITC] transaction [as] an attempt to extract excess value."-Mississippi PSC
the system, you know, for various reasons, but I don't need any new transmission investment. Instead of investing in transmission, you know, I've put in real-time meters; I've put in distributed generation; I have some fuel cells, you know, spread around my system, and I say I don't need transmission to satisfy my probloems.
ZIBELMAN: I guess my response would be that if you want to continue to be interconnected with the grid, then you're...
O'NEILL: You have to cut the wires … So your answer to me is, cut the wires, if you don't want to pay for the new transmission?
ZIBELMAN: My answer is yes, either you're part of the game or you're not, but you can't have it both ways....
O'NEILL: So that when generators supply reliability, that's privatized, and when transmission supplies reliability, that's socialized?
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