ITC Holdings Corp. (Form: 8-K)  

 

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

     
Date of Report (Date of Earliest Event Reported):   August 29, 2008

ITC Holdings Corp.
__________________________________________
(Exact name of registrant as specified in its charter)

     
Michigan 001-32576 32-0058047
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(State or other jurisdiction 		_____________
(Commission 		______________
(I.R.S. Employer
of incorporation) File Number) Identification No.)
      
27175 Energy Way, Novi, Michigan   48377
_________________________________
(Address of principal executive offices) 		  ___________
(Zip Code)
     
Registrant’s telephone number, including area code:   248-946-3000

Not Applicable
______________________________________________
Former name or former address, if changed since last report

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

[  ]  Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
[  ]  Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
[  ]  Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
[  ]  Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

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Item 8.01 Other Events.

On August 29, 2008, International Transmission Company’s ("ITCTransmission") network rate of $2.520 per kW/month, Michigan Electric Transmission Company LLC’s ("METC") network rate of $2.522 per kW/month, and ITC Midwest LLC’s ("ITC Midwest") network rate of $4.448 per kW/ month (which reflects a $4.125 million rate discount), for the period from January 1, 2009 through December 31, 2009, were posted by the Midwest Independent Transmission System Operator, Inc. The rates are based on ITCTransmission, METC, and ITC Midwest’s Attachment O rate formulae using each company’s projected net revenue requirement and load, in accordance with the Federal Energy Regulatory Commission’s approvals in Docket Nos. ER06-1006, ER07-95, and ER07-887, for ITCTransmission, METC, and ITC Midwest, respectively.

The rate information can be accessed on the Internet at http://oasis.midwestiso.org/oasis/ITC for ITCTransmission, http://oasis.midwestiso.org/oasis/METC for METC and http://oasis.midwestiso.org/oasis/ITCM for ITC Midwest.





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SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

         
    ITC Holdings Corp.
          
September 2, 2008   By:   Daniel J. Oginsky
       
        Name: Daniel J. Oginsky
        Title: Vice President and General Counsel