Hydro One Limited · TSX:H
Hydro One — BMO - Women in Fixed Income (May 2005)
10 slides from Hydro One's conference presentation, May 13, 2005
Slide 1: Wired for Growth - Transmission and Distribution Opportunities in Ontario
Hydro One Wired for Growth - Transmission and Distribution Opportunities in Ontario BMO - Women in Fixed Income May 13th, 2005 Beth Summers - CFO
Slide 2: Forward Looking Statements
Forward Looking Statements This presentation may contain forward-looking statements, including statements regarding the business and anticipated financial performance of Hydro One Inc. Although Hydro One believes that such statements are based on reasonable assumptions, such statements are subject t
Slide 3: Hydro One at a Glance
2 Hydro One at a Glance • Own and operate the largest electricity system in Ontario serving about 1.2 million customers – 97% of Ontario’s transmission capacity – largest distribution system spanning 75% of Ontario • In 2004, total assets of $11.4B generated approximately $4.2B of revenues • Regulat
Slide 4: Ontario's Electricity Industry
3 Ontario’s Electricity Industry • 2003 blackout catalyst for wires development • Aging asset base • Short supply / lack of development investment • Energy policy evolution
Slide 5: Investment in the System
4 Investment in the System Capital Expenditures Total Assets 15 750 10 $ millions $ billions 500 250 5 0 0 2003 2004 2006 2007 2001 2003 2000 2004 2005 2002 2001 2002 2000 Plan
Slide 6: Transmission System Development
5 Transmission System Development Drivers for investment: • New generation supply and retirements – Retirement of coal fired generation – Government RFPs • Interconnections • System growth and reliability
Slide 7: Transmission System Development
6 Transmission System Development Transmissions Solutions: 10-year Transmission Plan • Reinforcement and upgrade: up to $4B over next decade – Toronto / Niagara reinforcement projects • 3rd supply to GTA – Manitoba and Quebec interconnections – Connection for Government RFPs • Recovery mechanism and
Slide 8: OBA
7 New Generation Coal Fired Generation OBA Supply to Communities T MA NI Ke nora Transmission Bottleneck WEST 160km Fort Frances SYSTEM Thund er Bay Timmins MINNESOTA UNITED S TATES Key Statistics • 28,600 circuit km high-voltage network QUEBEC • 123,000 circuit km low-voltage network Sa ult Ste. Ma
Slide 9: Other Growth Opportunities
8 Other Growth Opportunities • Distribution rationalization • Smart meters • Conservation and demand management
Slide 10: Achieving Success
9 Achieving Success • Continued focus on core business - Ontario only – Planning and execution • Improving regulatory environment • Maintain stable financial performance