National Grid 2008 Annual Report Download - page 571

BOWNE INTEGRATED TYPESETTING SYSTEM
CRC: 47017
Name: NATIONAL GRID
Date: 17-JUN-2008 03:10:51.35Operator: BNY99999TPhone: [phone]Site: BOWNE OF NEW YORK
Y59930.SUB, DocName: EX-15.1, Doc: 16, Page: 52
Description: EXHIBIT 15.1
0/6248.00.00.00Y59930BNY
[E/O] EDGAR 2 *Y59930/248/6*
BOWNE INTEGRATED TYPESETTING SYSTEM
CRC: 47017
Name: NATIONAL GRID
Date: 17-JUN-2008 03:10:51.35Operator: BNY99999TPhone: [phone]Site: BOWNE OF NEW YORK
Y59930.SUB, DocName: EX-15.1, Doc: 16, Page: 52 Description: EXHIBIT 15.1
0/6248.00.00.00Y59930BNY
[E/O] EDGAR 2 *Y59930/248/6*
Table of Contents
60
Electricit
y
Distribution & Generation
National Grid plc
Electricity Distribution & Generation
We supply electricity to approximately 3.4 million customers in the
northeastern US through our distribution systems and own generation plants
capable of generating 4.1GW.
We are also responsible for maintainin
g
and operatin
g
the electricity transmission and
distribution system on Long Island on behalf of the Long Island Power Authority
(LIPA).
With the introduction of revenue decoupling, we are working with energy policy
makers and our markets, to develop, support and promote the right structure under a
carbon constrained business environment. This is a fundamental change in the way
our revenues are determined, basing our earnings on the reliability of our networks
and efficiency programmes rather than energy usage.
We have engaged in a reliability enhancement programme to improve the experience
of our customers as well as refreshin
g
our a
pp
roach to customer service.
Key Facts
– Over 116,000 kilometres
of circuit
– 3.4 million customers
– 31 TWh of electricity
delivered
– 680 substations
– 57 generation plants at
13 locations across Long
Island
– LIPA network serving
1.1 million customers
over 21,000 kilometres of
circuit and 170
substations, delivering
20 TWh of electricit
y
£330m £257m 5,543 266 GWh
Adjusted operating profit Capital investment Employees Energy saved through
energy efficiency
measures – $38 million
saved b
y
our customers