A method for utilizing transformer capacity allows multiple transformer users to have ordered access to the same backup transformer. When one of the users requires the use of a transformer, the users in line ahead of this user must exercise their rights to use the transformer or pass on their rights allowing the next user to decide whether or not to use the transformer. The method allows transformer owners to offer extra transformer capacity to those who desire backups while protecting their ownership interest and their need for the use of the backup. The method also provides those who need backup transformers a system to obtain access to the required backup without requiring them to purchase a new transformer or to wait for the transformer to be built.