Connecticut Light & Power Co. (the) · OTC:CNLPL
Connecticut Light & Power Co. (the) — Lehman Energy/Power Conference 2005
10 slides from Connecticut Light & Power Co. (the)'s conference presentation, Sep 7, 2005
Slide 1: Northeast Utilities System - Lehman Energy/Power Conference
Exhibit 99 SLIDE 1 NU Logo Northeast Utilities System Lehman Energy/Power Conference New York September 8, 2005 SLIDE 2 Safe Harbor Provisions This presentation contains statements concerning NU’s expectations, plans, objectives, future financial performance and other statements that are not histori
Slide 2: 2005 Competitive Business Organization
SLIDE 4 2005 Competitive Business Organization (Organizational chart) NU Holyoke Regulated Water Utilities Power* NU Enterprises - Select Energy* - Retail* - Wholesale** - Northeast Generation Company* - Northeast Generation Services* - Select Energy Services** - Contracting** - E.S. Boulos** - Wood
Slide 3: Competitive Business Perspective
SLIDE 5 Competitive Business Perspective (Pie chart illustrating) 2004 Competitive Business Revenues (Shown in billions of $) Wholesale Services Generation Retail Revenues $1.5 $0.3 $0.2 $0.9 Total - $2.9 billion SLIDE 6 Status of Exit of Wholesale Marketing and Services Businesses · Wholesale marke
Slide 4: Earnings Growth in Competitive Businesses Focus in Two Areas
SLIDE 7 Earnings Growth in Competitive Businesses Focus in Two Areas · Generation Earnings Drivers - Capacity markets with or without LICAP - Low cost energy from coal and hydroelectric generation - On peak, off spreads for Northfield Mountain · Retail Marketing Earnings Drivers - Continued shift of
Slide 5: Regulated Distribution Projects
SLIDE 10 Regulated Distribution Projects Ongoing Multi- Year Projects Annual Investment (Illustration) CL&P distribution $225 million/yr. Yankee Gas LNG $108 million PSNH distribution & (35% complete) generation $80 million/yr. (Illustration) Yankee distribution $40 million/yr. PSNH Northern Wood $7
Slide 6: Regulated Transmission Projects
SLIDE 12 Regulated Transmission Projects Ongoing Annual Multi- Year Projects Investment (Illustration) CT Transmission $40 million/yr. Bethel-Norwalk $300 - $350 million (40% complete) NH Transmission $20 million/yr. (Illustration) MA Transmission $ 2 million/yr. Middletown- Norwalk $672 - $792 mill
Slide 7: The Need: A Reliable Transmission System
SLIDE 13 The Need: A Reliable Transmission System Southwest CT improvements have been a top priority in each of ISO-NE’s last four regional transmission expansion plans. Our four major projects there total over $1.3 billion in investment. (Illustration showing map of Connecticut with locations of ex
Slide 8: Transmission Rate Base
SLIDE 14 Transmission Rate Base NU’s capital investment will also result in a growing transmission rate base over the next five years. (Bar chart illustrating capital investment broken down by entity) Shown in millions of $ 2005 2006 2007 2008 2009 2004 Projected Projected Projected Projected Projec
Slide 9: NU Will Continue to Raise Capital to Fund Business Strategy
SLIDE 16 NU Will Continue to Raise Capital to Fund Business Strategy (Chart illustrating Major Sources of Cash and Major Uses of Cash) Major Sources of Cash Cash from Operations ($277M through Debt Issues Equity Issue Sale of Services 6/30/05) ($350M expected (Late 2005 or ($50M book value) in 2005)
Slide 10: Summary
SLIDE 18 Summary · Continued exit of wholesale marketing and execution of the competitive business plan should result in a reduction in risk profile · Significant opportunities to deploy capital in both the distribution and transmission businesses · Current regulated projects are on schedule · NU wi
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