Eversource 2007 Annual Report Download - page 35
Download and view the complete annual report
Please find page 35 of the 2007 Eversource annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.CDGI=:6HIJI>A>I>:H'%%,6CCJ6AG:EDGI ((
8dcigVXijVaDWa^\Vi^dchVcY8dbbZgX^Va8dbb^ibZcih/
>c[dgbVi^dcgZ\VgY^c\djgXdcigVXijVadWa^\Vi^dchVcYXdbbZgX^VaXdbb^ibZcihVi9ZXZbWZg(&!'%%,^hhjbbVg^oZYVccjVaani]gdj\]'%&'VcY
i]ZgZV[iZgVh[daadlh/
B^aa^dchd[9daaVgh '%%- '%%. '%&% '%&& '%&' I]ZgZV[iZg IdiVah
Adc\"iZgbYZWibVijg^i^ZhVW &*)#( ..#( )#( )#( '+,#( '!-&)#- (!())#(
:hi^bViZY^ciZgZhieVnbZcihdcZm^hi^c\YZWiX &.%#, &-+#( &-'#& &-&#, &,&#' '!&-*#( (!%.,#(
8Ve^iVaaZVhZhYZ (#* (#+ &#- &#. '#% &,#) (%#'
DeZgVi^c\aZVhZhZ[ (%#* ',#* ')#& &.#& &)#* ),#( &+(#%
GZfj^gZY[jcY^c\d[di]ZgedhigZi^gZbZci
WZcZ[^idWa^\Vi^dch[ (+#' ((#, (&#( '.#. '-#) C$6 &*.#*
:hi^bViZY[jijgZVccjVagZ\jaViZYXdbeVcnXdhihZ\ &!&(&#) *'%#( *(.#) ,'+#, +-&#- '!&-,#+ *!,-,#'
:hi^bViZY[jijgZVccjVaCJ:ciZgeg^hZhXdhihZ\ '((#& '.#, ('#& (&#' ('#( ('#& (.%#*
Di]ZgejgX]VhZXdbb^ibZcih[] &!&&+#, Å Å Å Å Å &!&&+#,
IdiVah^ '!-.+#) .%%#) -&*#& ..)#- &!&.,#* ,!'-)#* &)!%--#,
V >cXajYZY^cdjgYZWiV\gZZbZcihVgZjhjVaVcYXjhidbVgnedh^i^kZ!cZ\Vi^kZVcY[^cVcX^VaXdkZcVcih#Cdc"Xdbea^VcXZl^i]XZgiV^cXdkZcVcih![dgZmVbeaZi]Zi^bZan
eVnbZcid[eg^cX^eVaVcY^ciZgZhi!bVnXdchi^ijiZVcZkZcid[YZ[Vjai!l]^X]XdjaYXVjhZVcVXXZaZgVi^dcd[eg^cX^eVaeVnbZcih^ci]ZVWhZcXZd[gZXZ^eiWnjhd[V
lV^kZgdgVbZcYbZci#HjX]VXXZaZgVi^dcldjaYX]Vc\Zi]ZdWa^\Vi^dchdjia^cZY^ci]ZiVWaZd[XdcigVXijVadWa^\Vi^dchVcYXdbbZgX^VaXdbb^ibZcih#
W Adc\"iZgbYZWiZmXajYZh'.)#(b^aa^dcd[[ZZhVcY^ciZgZhiYjZ[dgheZcicjXaZVg[jZaY^hedhVaXdhih!Vedh^i^kZ)#'b^aa^dcd[cZiX]Vc\Zh^c[V^gkVajZVcYV
cZ\Vi^kZ)#.b^aa^dcd[cZijcVbdgi^oZYegZb^jbVcYY^hXdjciVhd[9ZXZbWZg(&!'%%,#
X :hi^bViZY^ciZgZhieVnbZcihdc[^mZY"gViZYZWiVgZXVaXjaViZYWnbjai^ean^c\i]ZXdjedcgViZdci]ZYZWiWn^ihhX]ZYjaZYcdi^dcVaVbdjcidjihiVcY^c\[dgi]ZeZg^dY
d[bZVhjgZbZci#:hi^bViZY^ciZgZhieVnbZcihdc[adVi^c\"gViZYZWiVgZXVaXjaViZYWnbjai^ean^c\i]ZbdhigZXZci[adVi^c\"gViZgZhZidci]ZYZWiWn^ihhX]ZYjaZY
cdi^dcVaVbdjcidjihiVcY^c\[dgi]ZeZg^dYd[bZVhjgZbZci#I]^hhVbZgViZ^hi]ZcVhhjbZY[dgi]ZgZbV^c^c\a^[Zd[i]ZYZWi#>ciZgZhieVnbZcihdcYZWii]Vi]VkZ
Vc^ciZgZhigViZhlVe^ceaVXZVgZZhi^bViZYjh^c\i]ZZ[[ZXi^kZXdhid[YZWigZhjai^c\[gdbi]ZhlVegVi]Zgi]Vci]ZjcYZgan^c\^ciZgZhiXdhidci]ZYZWi!hjW_ZXiid
i]Z[^mZYVcY[adVi^c\bZi]dYdad\^Zh#
Y I]ZXVe^iVaaZVhZdWa^\Vi^dch^cXajYZ^bejiZY^ciZgZhid[&*#*b^aa^dcVhd[9ZXZbWZg(&!'%%,#
Z LZ]VkZcdegdk^h^dch^cdjgXVe^iVadgdeZgVi^c\aZVhZV\gZZbZcihdgV\gZZbZcihgZaViZYidi]ZZhi^bViZY[jijgZVccjVagZ\jaViZYXdbeVcndgCJ:ciZgeg^hZh
Xdhihi]ViXdjaYig^\\ZgVX]Vc\Z^ciZgbhVcYXdcY^i^dch!hjX]VhVXXZaZgVi^dcd[eVnbZcidWa^\Vi^dch#
[ 6bdjcihVgZcdi^cXajYZYdcdjgXdchda^YViZYWVaVcXZh]ZZih#
\ Di]Zgi]Vci]ZcZibVg`"id"bVg`ZiX]Vc\ZhdcgZheZXi^kZYZg^kVi^kZXdcigVXih]ZaYWnWdi]i]ZgZ\jaViZYXdbeVc^ZhVcYCJ:ciZgeg^hZh!i]ZhZdWa^\Vi^dchVgZcdi
^cXajYZYdcdjgXdchda^YViZYWVaVcXZh]ZZih#:hi^bViZYXdhih[dg'%%-VgZ]^\]Zgi]VcXdhih^c[jijgZnZVghYjZidi]Zi^b^c\d[HZaZXi:cZg\nejgX]VhZXdbb^ibZcih
VcYXdbeaZi^dcd[igVchb^hh^dchZ\bZciYZkZadebZciegd_ZXih#;dg[jgi]Zg^c[dgbVi^dcdci]ZhZZhi^bViZY[jijgZVccjVaXdhih!hZZCdiZ-9!Æ8dbb^ibZcihVcY
8dci^c\ZcX^ZhÄAdc\"IZgb8dcigVXijVa6ggVc\ZbZcih!Çidi]ZXdchda^YViZY[^cVcX^VahiViZbZcih#
] 6bdjcigZegZhZcihdeZcejgX]VhZdgYZgh!ZmXajY^c\i]dhZdWa^\Vi^dchi]ViVgZ^cXajYZY^ci]ZXVe^iVaaZVhZh!deZgVi^c\aZVhZh!Zhi^bViZY[jijgZVccjVagZ\jaViZY
XdbeVcnXdhihVcYi]ZZhi^bViZY[jijgZVccjVaCJ:ciZgeg^hZhXdhih#I]ZhZeVnbZcihVgZhjW_ZXiidX]Vc\ZVhXZgiV^cejgX]VhZdgYZgh^cXajYZZhi^bViZhWVhZYdc
egd_ZXiZYfjVci^i^Zhd[bViZg^VaVcY$dghZgk^XZhi]ViVgZegdk^YZYdcYZbVcY!i]Zi^b^c\d[l]^X]XVccdiWZYZiZgb^cZY#7ZXVjhZeVnbZcii^b^c\XVccdiWZYZiZgb^cZY!
lZ^cXajYZVaadeZcejgX]VhZdgYZgVbdjcih^c'%%-#
^ :mXajYZh;>C)-jcgZXd\c^oZYiVmWZcZ[^ihd[&'&#&b^aa^dcVhd[9ZXZbWZg(&!'%%,!VhlZXVccdibV`ZgZVhdcVWangZa^VWaZZhi^bViZhd[i]ZeZg^dYhdgi]ZediZci^Va
Vbdjcihd[XVh]hZiiaZbZcil^i]i]ZgZheZXi^kZiVm^c\Vji]dg^i^Zh#
GViZgZYjXi^dcWdcYVbdjcihVgZcdc"gZXdjghZidjhdgdjghjWh^Y^Vg^Zh!
]VkZcdgZfj^gZYeVnbZcihdkZgi]ZcZmi[^kZnZVghVcYVgZcdi^cXajYZY
^ci]^hiVWaZ#I]ZgZ\jaViZYXdbeVc^ZhÉhiVcYVgYd[[ZghZgk^XZXdcigVXih
VcYYZ[VjaihZgk^XZXdcigVXihVahdVgZcdi^cXajYZY^ci]^hiVWaZ#I]Z
Zhi^bViZYeVnbZcihjcYZg^ciZgZhigViZhlVeV\gZZbZcihVgZcdi
^cXajYZY^ci]^hiVWaZVhi]ZZhi^bViZYeVnbZciVbdjcihVgZcdi
YZiZgb^cVWaZ#>cVYY^i^dc!i]ZgZVgZcdEZch^dcEaVcXdcig^Wji^dch
ZmeZXiZYVcYi]ZgZ[dgZi]ZgZVgZcdVbdjcih^cXajYZY^ci]^hiVWaZ#
;dg[jgi]Zg^c[dgbVi^dcgZ\VgY^c\djgXdcigVXijVadWa^\Vi^dchVcY
XdbbZgX^VaXdbb^ibZcih!hZZi]ZXdchda^YViZYhiViZbZcihd[
XVe^iVa^oVi^dcVcYCdiZ)!ÆH]dgi"IZgb9ZWi!ÇCdiZ+6!Æ:beadnZZ
7ZcZ[^ihÄEZch^dc7ZcZ[^ihVcYEdhigZi^gZbZci7ZcZ[^ihDi]ZgI]Vc
EZch^dch!ÇCdiZ-9!Æ8dbb^ibZcihVcY8dci^c\ZcX^ZhÄAdc\"IZgb
8dcigVXijVa6ggVc\ZbZcih!ÇCdiZ&&!ÆAZVhZh!ÇVcYCdiZ&'!ÆAdc\"
IZgb9ZWi!Çidi]ZXdchda^YViZY[^cVcX^VahiViZbZcih#
;dglVgYAdd`^c\HiViZbZcih/I]^hY^hXjhh^dcVcYVcVanh^h^cXajYZh
hiViZbZcihXdcXZgc^c\djgZmeZXiVi^dch!WZa^Z[h!eaVch!dW_ZXi^kZh!
\dVah!higViZ\^Zh!Vhhjbei^dchd[[jijgZZkZcih![^cVcX^VaeZg[dgbVcXZ
dg\gdli]VcYdi]ZghiViZbZcihi]ViVgZcdi]^hidg^XVa[VXih#I]ZhZ
hiViZbZcihVgZÆ[dglVgYadd`^c\hiViZbZcihÇl^i]^ci]ZbZVc^c\d[
i]ZEg^kViZHZXjg^i^ZhA^i^\Vi^dcGZ[dgb6Xid[&..*#NdjXVc\ZcZgVaan
^YZci^[ni]ZhZÆ[dglVgYadd`^c\hiViZbZcihÇi]gdj\]i]ZjhZd[ldgYh
dge]gVhZhhjX]VhÆZhi^bViZ!ÇÆZmeZXi!ÇÆVci^X^eViZ!ÇÆ^ciZcY!ÇÆeaVc!Ç
Æegd_ZXi!ÇÆWZa^ZkZ!ÇÆ[dgZXVhi!ÇÆh]djaY!ÇÆXdjaY!ÇVcYh^b^aVgZmegZhh^dch#
;dglVgYadd`^c\hiViZbZcih^ckdakZg^h`hVcYjcXZgiV^ci^Zhi]VibVn
XVjhZVXijVagZhjaihdgdjiXdbZhidY^[[ZgbViZg^Vaan[gdbi]dhZ
^cXajYZY^ci]Z[dglVgYadd`^c\hiViZbZcih#;VXidghi]VibVnXVjhZ
VXijVagZhjaihidY^[[ZgbViZg^Vaan[gdbi]dhZ^cXajYZY^ci]Z[dglVgY
add`^c\hiViZbZcih^cXajYZ!WjiVgZcdia^b^iZYid!VXi^dchWnhiViZVcY
[ZYZgVagZ\jaVidgnWdY^Zh!XdbeZi^i^dcVcY^cYjhigngZhigjXijg^c\!
X]Vc\Zh^cZXdcdb^XXdcY^i^dch!X]Vc\Zh^clZVi]ZgeViiZgch!X]Vc\Zh
^caVlh!gZ\jaVi^dchdggZ\jaVidgneda^Xn!X]Vc\Zh^caZkZahdgi^b^c\d[
XVe^iVaZmeZcY^ijgZh!YZkZadebZcih^caZ\VadgejWa^Xeda^XnYdXig^cZh!
iZX]cdad\^XVaYZkZadebZcih!X]Vc\Zh^cVXXdjci^c\hiVcYVgYhVcY
[^cVcX^VagZedgi^c\gZ\jaVi^dch![ajXijVi^dch^ci]ZkVajZd[djggZbV^c^c\
XdbeZi^i^kZZaZXig^X^inedh^i^dch!VXi^dchd[gVi^c\V\ZcX^Zh!VcYdi]Zg
egZhZcianjc`cdlcdgjc[dgZhZZc[VXidgh#Di]Zgg^h`[VXidghVgZ
YZiV^aZY[gdbi^bZidi^bZ^cdjggZedgihidi]ZHZXjg^i^ZhVcY:mX]Vc\Z
8dbb^hh^dc#LZjcYZgiV`ZcddWa^\Vi^dcidjeYViZi]Z^c[dgbVi^dc
XdciV^cZY^cVcn[dglVgYadd`^c\hiViZbZcihidgZ[aZXiZkZcihdg
X^gXjbhiVcXZhV[iZgi]ZYViZdcl]^X]hjX]hiViZbZcihVgZbVYZdg
idgZ[aZXii]ZdXXjggZcXZd[jcVci^X^eViZYZkZcih#
LZWH^iZ/6YY^i^dcVa[^cVcX^Va^c[dgbVi^dc^hVkV^aVWaZi]gdj\]djglZW
h^iZVilll#cj#Xdb#