CALIFORNIA INDEPENDENT SYSTEM

TO ENSURE EFFICIENT USE AND RELIABLE OPERATION OF THE ELECTRIC TRANSMISSION GRID OPERATED BY THE CALIFORNIA ISO, CONSISTENT WITH THE CALIFORNIA PUBLIC UTILITY CODE, CHAPTER 2.3 PART 1, DIVISION 1. (CONTINUED ON SCHEDULE O.)THE ISO DOES NOT OWN TRANSMISSION FACILITIES, BUT IT CONTROLS THE OPERATION OF A NETWORK OF TRANSMISSION FACILITIES LOCATED THROUGHOUT MOST OF CALIFORNIA, AND ALSO CERTAIN TRANSMISSION FACILITIES LOCATED IN NEVADA, THE OWNERS OF WHICH HAVE TRANSFERRED OPERATIONAL CONTROL TO THE CALIFORNIA ISO. FOR THE BENEFIT OF OUR CUSTOMERS, WE:- OPERATE THE GRID RELIABLY AND EFFICIENTLY;- PROVIDE FAIR AND OPEN TRANSMISSION ACCESS;- PROMOTE ENVIRONMENTAL STEWARDSHIP; AND- FACILITATE EFFECTIVE MARKETS AND PROMOTE INFRASTRUCTURE DEVELOPMENT, ALL THROUGH THE PROVISION OF TIMELY AND ACCURATE INFORMATION.