Consolidated Edison, Inc. · NYSE:ED
Consolidated Edison — Investor Presentation (March 2002)
14 slides from Consolidated Edison's investor presentation, Mar 8, 2002
Slide 1: Con Edison Company of NY
Con Edison Company of NY 3.2 million electric customers 1.1 million gas customers 1,850 steam customers Orange and Rockland Utilities 280,000 electric customers 120,000 gas customers Our Business Profile A Compelling Investment Strong financial base A+ bond rating Dependable, growing dividend Good r
Slide 2: Our Long-term Strategy
Our Long-term Strategy Maximize value of regulated T&D assets Focus on infrastructure needs Leverage strong expertise to create unregulated opportunities Conservative and disciplined growth strategy Long-term Annual Growth Target 3%-5% Growth Target • Maximize Value of T&D Assets • Economic Recovery
Slide 3: Our Financial Strength
Our Financial Strength Utilize Strong Capital Structure
Slide 4: Our Strategy
Our Strategy Our "Wires and Pipes" Businesses Provide a Strong Foundation for Future Growth
Slide 5: Strategic Plant Locations
Strategic Plant Locations 1. Newington, NH 2. Springfield, MA 3. Lakewood, NJ 4. Rock Springs, MD
Slide 6: CEC Network Map—1Q2002
CEC Network Map—1Q2002
Slide 7: Our Supply/Demand Outlook
1. 60 buildings connected to the network 2. 106 miles of fiber installed 3. 50 miles of fiber acquired through swaps 4. Jersey City ring Our Supply/Demand Outlook New York State 18% capacity reserve in excess of peak load Status for summer of 2002—adequate New York City 80% of peak load from in-city
Slide 8: Customer Supply Responsibilities
Customer Supply Responsibilities On 2002 Peak Day
Slide 9: Customer supply sources on 2002 peak day
12,225 MW @ Con Edison Bilaterals, Financial Hedges, Spot Market © Con Edison Generation G Con Edison NUG/Firm Contracts © NY Power Authority G@ ESCOs
Slide 10: Temporary Restoration Work
Temporary Restoration Work
Slide 11: Permanent Restoration Challenges
Permanent Restoration Challenges
Slide 12: Lower Manhattan Network
Lower Manhattan Network Long-term Configuration
Slide 13: Working 24/7 to Meet Targets
Working 24/7 to Meet Targets
Slide 14: Response to September
Response to September 11 Cost of Restoration $400 million—mostly capital—includes: Emergency response, temporary restoration and permanent replacement of facilities Seeking Federal reimbursement At December 31, 2001: $55 million capitalized $32 million deferred as regulatory asset Our Value Con Edis
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