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You are here: Home / Legislature / No state audit for ATC

No state audit for ATC

August 31, 2007 By WRN Contributor

The state will not order an audit of the American Transmission Company.

The co-chairs of the Legislature's Joint Audit Committee say the state does not have the authority to audit a private company.

State Representative Sondy Pope-Roberts (D-Middleton) called for the investigation. She believes ATC is pushing for unnecessary power line upgrades just to improve its profit margin. She also thinks the state has the authority because A-T-C was created through an act of the legislature.

The company gets a federally guaranteed 12-percent rate of return on all of its projects.  A-T-C executives say the new lines are needed to provide an ample, and stable supply of electricity for a growing and power needy area.

AUDIO: Rep. Sondy Pope-Roberts (D-Middleton) ( :35 MP3 )

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