Eversource Energy (d/b/a) · NYSE:ES
Eversource Energy (d/b/a) — Eversource Energy — Q1 2017 Earnings Presentation
9 slides from Eversource Energy (d/b/a)'s earnings presentation, May 3, 2017
Slide 1: Investor Call
Exhibit 99.3 INVESTOR CALL EVERSSURCE ENERGY May 4, 2017
Slide 2: Safe Harbor
INVESTOR CALL EVERSSURCE Safe Harbor All per-share amounts in this presentation are reported on a diluted basis. The only common equity securities that are publicly traded are common shares of Eversource Energy. The earnings and EPS of each business do not represent a direct legal interest in the as
Slide 3: First Quarter Performance and agenda topics
| INVESTOR CALL al “a ®. EVERSSURCE = First Quarter Performance Phil Lembo i , Executive Vice President = Progress on Major Projects and Chief Financial Officer . Regulatory Update = Financing Activity Lee Olivier = Northern Pass Evp Enterprise Strategy = Massachusetts RFPs and Business Development
Slide 4: First Quarter 2017 Results
First Quarter 2017 Results Q1 2017 Q1 2016 $0.30 $0.27 $0.03 $0.36 $0.34 $0.02 Natural Gas Distribution $0.16 $0.16 $0.00 $0.00 $0.00 $0.00 $0.82 $0.77 $0.05 ll
Slide 5: Progress on Major Transmission Projects
INVESTOR CALL EVERSSURCE ENERGY + 28 projects including 7 new transmission lines, new substations and substation expansion projects + 6 projects have been placed in service + 10 projects under construction + 5 projects in MADPU siting process; expect 2017 approval + Projected completion: 2019 + Tota
Slide 6: Update on 2017 MA, CT Rate Case Proceedings
INVESTOR CALL all 2G! EVERSSURCE Update on 2017 MA, CT Rate Case Proceedings MASSACHUSETTS CONNECTICUT January: = NSTAR Electric and WMECO filed On April 18, CL&P, Consumer Counsel, applications to raise base distribution rates and AG filed to push back deadline for by $60 million and $36 million, r
Slide 7: Status of the Four New England Transmission Complaints Unclear at FERC
INVESTOR CALL Status of the Four New England Transmission Complaints Unclear at FERC = First complaint decided in 2014; resulted in base ROE of 10.57% and project incentive cap of 11.74% = Three-judge panel at D.C. Circuit Court of Appeals unanimously vacated FERC’s order in its April 14, 2017 decis
Slide 8: EVERSSURCE
INVESTOR CALL EVERSSURCE ENERGY
Slide 9: New England's Natural Gas Transmission Capacity Dilemma Today
EVERSSURCE ENERG New England’s Natural Gas Transmission Capacity Dilemma Today + NewEngland natural gas (and power) market prices are the highest in the country + Marcellus area prices are low, as low cost production looks for outlets, but pipeline projects lack funding or are delayed, trapping gas