ITC Holdings Corp. is an electricity transmission company. The Company’s business consists of the electric transmission operations of Regulated Operating Subsidiaries. The Company operates high-voltage systems in Michigan’s Lower Peninsula and portions of Iowa, Minnesota, Illinois, Missouri, Kansas and Oklahoma that transmit electricity from generating stations to local distribution facilities connected to its systems. The Company’s regulated operating subsidiaries include ITCTransmission, Michigan Electric Transmission Company, ITC Midwest and ITC Great Plains. The Company, through its subsidiaries, owns and operates high-voltage transmission facilities in Michigan, Iowa, Minnesota, Illinois, Missouri, Kansas and Oklahoma, with a combined peak load exceeding 26,000 megawatts along 15,000 circuit miles of transmission line.