High Voltage, High Reward Transmission: Evidence from Operational Transmission Projects that Deliver Cost Savings to American Consumers

CIN Admin
CIN Admin
  • Updated
Resource Type Report
Author / Source Tyler Farrell, Celia Tandon, Beverly Bendix, Charles Teplin (RMI)
Publication Date 2025
Location United States
Initiative Type Policy, Partnership
Project Complexity Intermediate
Recommended For Board, Staff

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Estimated reading time: 30+ minutes


Why This Matters for Rural Electric Co-ops

Transmission expansion is often debated as a cost driver, but real-world projects show that well-planned regional transmission can reduce overall system costs while improving reliability. Across seven projects studied, every dollar invested returned at least that amount in savings, with benefit-to-cost ratios ranging from 1.1 to 3.9.

For rural electric cooperatives, participation in regional transmission planning can unlock access to lower-cost generation, reduce congestion costs, and strengthen resilience during extreme weather events. Co-op leaders can use this report as evidence when engaging G&T partners or RTO processes about the long-term value of regional transmission investment.


Key Takeaways

Every project studied paid for itself, even under conservative accounting. Transmission is a long-term affordability tool, not just a reliability cost.
Congestion relief (cheaper power flowing freely instead of expensive backup generators running) was the largest single source of savings across all seven projects.
Regional transmission planning lets utilities share resources across wider areas, reducing dependence on local, higher-cost generation.
Benefits grow over time as upfront capital costs decline, so the case for transmission investment gets stronger, not weaker, over a 40-year lifespan.

Implementation Considerations

  • Regulatory or Governance Considerations: Co-ops must engage early in RTO or G&T planning processes. Influence over transmission decisions diminishes significantly once projects are approved.
  • Staffing or Technology Requirements: Evaluating transmission benefit-cost analyses requires technical expertise most smaller co-ops lack. G&T relationships or consultants are likely necessary.

Notable Examples

  • Cross-Sound Cable: Delivered a 2.4 benefit-to-cost ratio and provided emergency grid stabilization during the 2003 Northeast blackout.
  • CapX2020 (Capacity Expansion by 2020): A joint initiative of 10 utilities that achieved a 1.9 benefit-to-cost ratio while enabling 1.5 GW of wind power.
  • Beaver to Oklahoma City (SPP): Exceeded anticipated benefits nearly threefold, generating a 3.9 ratio while enabling 2.9 GW of wind and over 1,400 jobs.
  • Valley to Colorado River (CAISO): Achieved a 3.3 benefit-to-cost ratio by enabling 3.9 GW of solar generation near the Los Angeles Basin.

View Full Document Requires name and email to access

Estimated reading time: 30+ minutes

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