Uil Co. Ltd. · KRX:049520
Uil — Investor Presentation (September 2013)
5 slides from Uil's investor presentation, Sep 25, 2013
Slide 1: Strong long-term organic growth plan: 10-year capex forecast
2012A 2013P 2014P 2015P 2016P 2017P 2018 - 2022P Total 2013 - 2022P Electric Distribution 127 $ 147 $ 180 $ 142 $ 128 $ 125 $ 695 $ 1,418 $ Electric Transmission 67 55 78 110 73 36 230 582 Total UI 194 202 258 252 201 161 925 2 ,000 Gas Distribution 84 98 115 119 134 140 680 1,286 UIL Corporate 33 3
Slide 2: Average Rate Base Forecast (2013-2017)
$528 $665 $756 $867 $956 $1,079 $1,149 $403 $464 $493 $514 $561 $629 $677 $867 $923 $922 $969 $1,037 $1,108 $1,184 $89 $50 $11 $0 $500 $1,000 $1,500 $2,000 $2,500 $3,000 $3,500 2011A 2012A 2013P 2014P 2015P 2016P 2017P Electric Distribution Electric Transmission Gas Distribution CTA $1,887 $2,103 $2
Slide 3: Electric Distribution Capex Forecast 2013-2022
34% 14% 20% 13% 3% 15% Infrastructure Replacement Systems & Business Operations Capacity & Reliability Storm Preparedness Renewable Connections Program Other Core, Support Functions Electric Distribution Capex Forecast 2013 – 2022 □ Capex spend for storm preparedness ▪ Line clearance ▪ Pole strength
Slide 4: Electric Distribution Rate Case
Electric Distribution Rate Case □ Final decision August 14, 2013 ▪ Revenue - $20M year 1, $25.8 M year 2 ▪ 9.15% ROE, 50% equity, 50% debt capital structure ▪ Continuation of existing decoupling mechanism ▪ Recovery of $38.1M of storm - related costs over 10 years; establishment of $2M per year stor
Slide 5: Regulatory Updates
Regulatory Updates □ Renewable Connections Program ▪ Agreement in principle reached with prosecutorial staff; filed with PURA for approval on 8/30/2013 □; Base ROE: ▪ UI distribution ROE + 25 basis points ▪ Retain a percentage of market revenues, expected to be equivalent to 25 basis points □ PURA i
UIL Holdings — Investor Presentation (September 2013) on 6ix