Eversource Energy (d/b/a) · NYSE:ES
Eversource Energy (d/b/a) — Northeast Utilities — Q2 2008 Earnings Presentation
8 slides from Eversource Energy (d/b/a)'s earnings presentation, Aug 1, 2008
Slide 1: Second Quarter Earnings Call
“Northeast ji’ Ulilities System M, Ny’ Second Quarter Earnings Call
Slide 2: Safe Harbor Provisions
Y) Safe Harbor Provisions = . Northeast iis Ulilities System This presentation contains statements concerning NU’s expectations, plans, objectives, future financial performance and other statements that are not historical facts. These statements are “forward-looking statements” within the meaning of
Slide 3: Major NEEWS Project Schedules
Major NEEWS Project Schedules y) a. & Greater Springfield Interstate Central CT Reliability Reliability Reliability (118-kVi345-kV) (345:KV) (345KV) ISO technical applications Late 2008 Late 2008 Late 2008 approval State siting Fall 2008 Late 2008 2009 application filed Siting completed Mid/Late 201
Slide 4: Second Quarter Earnings (In Millions)
In Millions Y) = ~~ Northeast Second Quarter E: Gis econd Quarter Ear 7 ii’ Ulilities System $80.0 $60.0 $40.0 2007 w2008 $20.0 $00 (65.2) ($200) Distribution and Transmission Parent/Other Competitive Consolidated Generation
Slide 5: Second Half Earnings (In Millions)
In Millions Second Half Earnings = Northeast isis Ulilities System $160.0 $146.0" $140.0 . $120.0 Fs tio B% $100.0 $79.4 $80.0 m 2007 = 2008 $60.0 $40.0 $20.0 $0.0 620.0) (40.0) 65.2)" Distribution and Transmission Parent/Other Competitive Consolidated Generation "Excludes $29.8 million charge from
Slide 6: Retail Sales for Six Months Ended June 30, 2008 Compared to 2007
= =~ Northeast Retail Sales for Six Months Ended June 30, 2008 Compared to 2007 ps Uiilities System Electric Firm Natural Gas eater eater eter | pecans | ered weater Gee | Pe Percentage | Normalized | (Decrease | Percentage | Percentage | Normalized | Percentage | Normalized | (yooume. | Percentage
Slide 7: 2008 EPS Guidance
2008 EPS Guidance Y) = = Northeast EO Northeas ji’ Ulilities System Distribution/Generation $1.05- $1.15 $1.05- $1.10 Transmission $0.75 - $0.85 $0.85 - $0.90 Competitive Breakeven $0.00 - $0.05 Parent, ex. Litigation Charge (80.15) — ($0.10) ($0.10) Consolidated, ex. Litigation Charge $1.65 - $1.90
Slide 8: Financial Results For Second Quarter 2008 and 2007
Financial Results For Second Quarter 2008 and 2007 (in miltions) dune 30, 2008 dune 30, 2007 Increase (Decrease) Y) = ~~ Northeast Qj Villities System 2008 EPS CL&P Distribution $14.8 $7.0 $7.8 $0.10 PSNH Distribution/Generation $104 $128 ($2.8) $0.08 WMECO Distribution $17 $3.5 ($1.8) $0.01 Yankee