News Release
June 18, 2002

GRIDSOUTH SPONSORS SUSPEND IMPLEMENTATION PROJECT AND POSTPONE REGULATORY FILINGS

– GridSouth sponsors Duke Energy, CP&L Energy and South Carolina Electric & Gas (SCANA) will delay filing applications with their state commission and will suspend the GridSouth Implementation project.  Some activities will continue for a few weeks to preserve project accomplishments for use in the future.

Postponing the filings will provide the sponsors time to review the effects of regulatory initiatives that are beginning now and due for completion later this year.  The postponement will also allow additional time for the sponsors to receive and consider input from stakeholders and regulators.  The companies will then determine the appropriate time to file new applications with the state commissions.

 

“Our three companies continue to support regional transmission organizations and the concept of a Carolinas’ RTO,” said Jim Hicks, Duke Power’s senior vice president - electric transmission and a member of the GridSouth Management Committee. 

Contact: Roz Bennett, Duke Energy
Phone: 704/382-0475
24 Hour Phone: 704/382-8333
Email: rtbennet@duke-energy.com
Contact: Garrick Francis, CP&L Energy
Phone: 877/641-6397
24 Hour Phone: n/a
Email: n/a
Contact: Brian Duncan, South Carolina Electric and Gas (SCANA)
Phone: 803/217-9501
24 Hour Phone: n/a
Email: n/a