Commissioner Jon Wellinghoff talks RTOs, regulation, and wholesale markets

With consumers around the country facing electric rate hikes, what is the Federal Energy Regulatory Commission doing to ensure customers that there are competitive, open and fair markets for electric utilities? And what role can conservation and efficiency play in future FERC policies? During today's OnPoint, FERC Commissioner Jon Wellinghoff discusses FERC's policies on regulation and wholesale markets. Wellinghoff also explains why he believes regional transmission organizations (RTOs) can be positive for consumers.