21-Aug-2008
Story Timeline: 92 days
Trans-Allegheny Interstate Line Company (TrAILCo), a subsidiary of Allegheny Energy, Inc. (NYSE: AYE), announced today that Administrative Law Judges have recommended that the Pennsylvania Public Utility Commission not authorize the construction of the Trans-Allegheny Interstate Line (TrAIL) in Pennsylvania. The judges’ decision is a recommendation only. TrAILCo is currently reviewing the recommended decision, and will provide comments to the Commission as part of the regulatory process. “We are extremely disappointed in this administrative recommendation, which runs counter to the evidence presented. PJM Interconnection, the independent regional organization responsible for transmission planning, determined that this line was necessary for the reliable supply of electricity to homes and businesses throughout the Mid-Atlantic...
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