mr. rob gramlich . you have five minutes for an opening statement. >> thank you very much, ranking member rush and members of the subcommittee, i appreciate the opportunity to be here today to talk about the important issue of the state of transmission. there's no infrastructure more important than transmission which is essential to the reliable and affordable electricity service that we depend on for almost every modern commercial and individual activity. since this subcommittee was involved in passing the energy policy act of 2005 the industry has succeeded in building a lot of transmission. benefits have exceeded the cost by factors of 2-3.5 in major investments that you've heard about. transmission investment has enabled over $100 billion a -- of generation investment, transition investment is needed for both a distributed future and a large utility scale generation future. either one or both. we've learned a lot about what works. regional planning and cost allocation have worked well. we should bui