ISO New England Inc. (ISO-NE) is an independent, non-profit Regional Transmission Organization (RTO), serving Connecticut, Maine, Massachusetts, New Hampshire, Rhode Island, and Vermont. ISO-NE oversees the operation of New Englands bulk electric power system and transmission lines, generated and transmitted by its member utilities, as well as Hydro-Québec, NB Power, the New York Power Authority and utilities in New York state, when the need arises. ISO-NE is responsible for reliably operating New Englands 32,000 megawatts [MW] (43,000,000 hp) bulk electric power generation and transmission system. One of its major duties is to provide tariffs for the prices, terms, and conditions of the energy supply in New England. ISO New Englands stated mission is to protect the health of New Englands economy and the well-being of its people by ensuring the constant availability of electricity, today and for future generations. ISO New England works to meet this obligation in three ways: by ensuring the day-to-day reliable operation of New Englands bulk power generation and transmission system, by overseeing and ensuring the fair administration of the regions wholesale electricity markets, and by managing comprehensive, regional planning processes.