WIRES Principle #1: WIRES commits to advance the understanding by the public and its representatives of the unique importance of the electric grid and the challenges that slow or prevent its upgrade or expansion in the public interest. WIRES will support and advance cooperation and collaboration among government, industry, and financial institutions in pursuit of energy diversity, access to clean energy supplies, electric reliability, and competitive power market through transmission solutions.
WIRES Principle #2: WIRES commits to support effective and timely regional and inter-regional planning procedures and regulations that strengthen and modernize the transmission grid to promote and enhance consumer benefits from improved reliability, operational flexibility, cost-effective electricity, access to new generation including renewable energy development, economic competitiveness, and system security.
WIRES Principle #3: WIRES commits to promote state and federal policies that (a) support transmission investment and capital attraction, reduce business, financial, and regulatory risk and promote greater certainty for investors, (b) diminish unreasonable and uneconomic barriers to transmission development, (c) favor competitive bulk power markets, reduce transmission congestion, and improve customer access to all sources of electric generation, including renewable resources, and (d) lead to consistent and efficient regional and inter-regional transmission solutions.
WIRES Principle #4: WIRES commits to advocate for efficient and collaborative regional, state, and where necessary federal facilities siting processes and procedures that take account of the interests of all stakeholders, are sensitive to environmental concerns, and also ensure beneficial and timely infrastructure investments.
WIRES Principle #5: WIRES commits to work aggressively toward the equitable, economically justified, practical, and where appropriate broad allocation of the costs of transmission facilities and operations across the shared transmission network.