WASHINGTON - Rhone Resch, president and CEO of the Solar Energy Industries Association (SEIA), released the following statement today commending the Federal Energy Regulatory Commission's (FERC) approval of a final rule on transmission cost allocation:

"Today's vote by FERC will help the solar industry overcome a significant hurdle impeding the development of the more than 25 gigawatts in the utility-scale solar power pipeline. SEIA strongly commends Chairman Wellinghoff and other FERC commissioners for paving the way forward for new transmission capacity that will deliver clean, reliable solar electricity to consumers across the country. Today’s action is an important step in the effort to modernize America's transmission grid in a way that benefits consumers, investors and communities.

"FERC's final rule establishes a balanced framework for the adoption of regional solutions to transmission challenges. This rule will facilitate the development of utility-scale solar power in the Southwest, where some of the world's best solar resources are found, but are restricted by lack of adequate access to the nation’s rapidly aging transmission infrastructure.

"It also protects consumers by assuring that only those who benefit from new transmission facilities pay for them. SEIA will continue to work with FERC and all other stakeholders on timely and efficient implementation of the final rule."

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About SEIA^®:

Established in 1974, the Solar Energy Industries Association^® is the national trade association of the U.S. solar energy industry. Through advocacy and education, SEIA is working to build a strong solar industry to power America. As the voice of the industry, SEIA works with its 1,000 member companies to make solar a mainstream and significant energy source by expanding markets, removing market barriers, strengthening the industry and educating the public on the benefits of solar energy.