FERC Commissioner Philip Moeller tells TheStreet's Joe Deaux its Order 1000 is trying to create a more competitive market place for the building of transmission. Moeller says regional entities have solicited proposals -- many more than expected. FERC must choose the right of first refusal to build certain transmission projects. Moeller says expanding the transmission system will lower prices to consumers, and that urban areas may benefit most.

More from Video

Jim Cramer: Will Apple or Amazon Become the World's First Trillion Dollar Stock?

Jim Cramer: Will Apple or Amazon Become the World's First Trillion Dollar Stock?

It's Dumb to Think Legalizing Weed Is Still a Political Issue

It's Dumb to Think Legalizing Weed Is Still a Political Issue

Video: How to Select Mutual Funds in Your 401(k)

Video: How to Select Mutual Funds in Your 401(k)

Racing Legend Mario Andretti Has Great Advice for Retirees

Racing Legend Mario Andretti Has Great Advice for Retirees

Arianna Huffington on Burnout, Tech-Life Balance and Why Amazon's CEO Agrees

Arianna Huffington on Burnout, Tech-Life Balance and Why Amazon's CEO Agrees