ISO New England

ISO New England Inc. (ISO-NE) is an independent, non-profit Regional Transmission Organization (RTO), serving Connecticut, Maine, Massachusetts, New Hampshire, Rhode Island, and Vermont.

ISO-NE oversees the operation of New England's bulk electric power system and transmission lines, generated and transmitted by its member utilities, as well as Hydro-Québec, NB Power, the New York Power Authority and utilities in New York state, when the need arises. ISO-NE is responsible for reliably operating New England's 32,000 megawatts [MW] (43,000,000 hp) bulk electric power generation and transmission system. One of its major duties is to provide tariffs for the prices, terms, and conditions of the energy supply in New England.

ISO New England's stated mission is to protect the health of New England's economy and the well-being of its people by ensuring the constant availability of electricity, today and for future generations. ISO New England works to meet this obligation in three ways: by ensuring the day-to-day reliable operation of New England's bulk power generation and transmission system, by overseeing and ensuring the fair administration of the region's wholesale electricity markets, and by managing comprehensive, regional planning processes.

Its Board of Directors and its over 500 employees have no financial interest or ties to any company doing business in the region's wholesale electricity marketplace.

ISO-NE was created in 1997 by the Federal Energy Regulatory Commission, as a replacement for the New England Power Pool (NEPOOL), which was created in 1971.

New England's electric power industry, like that of the entire nation, changed dramatically during the past few decades. Until the 1970s, the industry consisted of utilities that handled every aspect of providing electricity: generating it, transmitting it and then distributing it to homes and businesses. These utilities were regulated local monopolies that operated independently of each other.

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