Eversource 2007 Annual Report Download - page 73
Download and view the complete annual report
Please find page 73 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 ,&
gViZh#I]ZiVWaZd[Zhi^bViZY[jijgZVccjVagZ\jaViZYXdbeVc^ZhXdhih
^cXajYZhi]ZZhi^bViZYYZXdbb^hh^dc^c\VcYXadhjgZXdhih[dg8N6E8!
BN6E8VcYN6:8#
HZZCdiZ-:!Æ8dbb^ibZcihVcY8dci^c\ZcX^ZhÄ9Z[ZggZY8dcigVXijVa
DWa^\Vi^dch!Çidi]ZXdchda^YViZY[^cVcX^VahiViZbZcih[dg^c[dgbVi^dc
gZ\VgY^c\i]ZXdaaZXi^dcd[i]ZNVc`ZZ8dbeVc^ZhÉYZXdbb^hh^dc^c\Xdhih#
Generation Segment Project Commitments: I]ZhZVbdjcihgZegZhZci
Xdbb^ibZcih[dgZc\^cZZg^c\VcYegd\gVbbVcV\ZbZcihZgk^XZh
VhhdX^ViZYl^i]EHC=ÉhXdVa"[^gZY))%BLBZgg^bVX`HiVi^dcXaZVcV^g
egd_ZXi!l]^X]Vahd^cXajYZhi]ZVYY^i^dcd[VlZihXgjWWZgidgZYjXZ
bZgXjgnVcYhja[jgY^dm^YZZb^hh^dchViBZgg^bVX`HiVi^dcJc^ih&VcY
'#I]ZidiVaXdhijcYZgi]ZhZXdcigVXihVbdjciZYid&#.b^aa^dc^c
'%%,VcY%#.b^aa^dc^c'%%+#
CJ:ciZgeg^hZh/
:hi^bViZY;jijgZ6ccjVaCJ:ciZgeg^hZh8dhih/I]ZZhi^bViZY[jijgZVccjVaXdhihd[CJ:ciZgeg^hZhÉh^\c^[^XVciXdcigVXijVaVggVc\ZbZcihVgZ
Vh[daadlh/
B^aa^dchd[9daaVgh '%%- '%%. '%&% '%&& '%&' I]ZgZV[iZg IdiVah
HZaZXi:cZg\nejgX]VhZV\gZZbZcih '&)#% '.#, ('#& (&#' ('#( ('#& (,&#)
8dcigVXiVhh^\cbZciV\gZZbZci &.#& Å Å Å Å Å &.#&
IdiVah '((#& '.#, ('#& (&#' ('#( ('#& (.%#*
Select Energy Purchase Agreements:HZaZXi:cZg\nbV^ciV^ch
adc\"iZgbV\gZZbZcihidejgX]VhZZcZg\nVheVgid[^ihedgi[da^dd[
gZhdjgXZhidbZZi^ihVXijVadgZmeZXiZYhVaZhXdbb^ibZcih#Bdhi
ejgX]VhZXdbb^ibZcihVgZgZXdgYZYVii]Z^gbVg`"id"bVg`ZikVajZ
l^i]i]ZZmXZei^dcd[dcZcdc"YZg^kVi^kZXdcigVXil]^X]^hVXXdjciZY
[dgdci]ZVXXgjVaWVh^h#
Contract Assignment Agreement: 9jg^c\i]Z[djgi]fjVgiZgd['%%*!
HZaZXi:cZg\nhZiiaZYVl]daZhVaZXdcigVXi[dg**#.b^aa^dcl^i]
bdci]aneVnbZcihi]ViXdbbZcXZY^c?VcjVgnd['%%+VcYZcY^c
9ZXZbWZgd['%%-#
HZaZXi:cZg\nÉhejgX]VhZXdbb^ibZciVbdjcihVgZgZedgiZYdcVcZi
WVh^h^c[jZa!ejgX]VhZYVcYcZi^ciZgX]Vc\ZedlZgVadc\l^i]XZgiV^c
hVaZhXdcigVXihVcYbVg`"id"bVg`ZiVbdjcih#6XXdgY^c\an!i]ZVbdjci
^cXajYZY^c[jZa!ejgX]VhZYVcYcZi^ciZgX]Vc\ZedlZgl^aaWZaZhhi]Vc
i]ZVbdjcih^cXajYZY^ci]ZiVWaZVWdkZ#HZaZXi:cZg\nVahdbV^ciV^ch
XZgiV^cZcZg\nXdbb^ibZcihl]dhZbVg`"id"bVg`ZikVajZh]VkZWZZc
gZXdgYZYdci]ZXdchda^YViZYWVaVcXZh]ZZihVhYZg^kVi^kZVhhZihVcY
a^VW^a^i^Zh#I]ZhZXdcigVXihVgZ^cXajYZY^ci]ZiVWaZVWdkZ#
I]ZVbdjciVcYi^b^c\d[i]ZXdhihVhhdX^ViZYl^i]HZaZXi:cZg\nÉh
ejgX]VhZV\gZZbZcihXdjaYWZ^beVXiZYWni]ZZm^i[gdbi]ZCJ
:ciZgeg^hZhÉWjh^cZhhZh#
:#9Z[ZggZY8dcigVXijVaDWa^\Vi^dch
CJ]Vhh^\c^[^XVciYZXdbb^hh^dc^c\VcYeaVciXadhjgZXdhidWa^\Vi^dch
idi]ZNVc`ZZ8dbeVc^Zh!l]^X]]VkZXdbeaZiZYi]Ze]nh^XVa
YZXdbb^hh^dc^c\d[Vaai]gZZd[i]Z^g[VX^a^i^ZhVcYVgZcdlZc\V\ZY
^ci]Zadc\"iZgbhidgV\Zd[i]Z^gheZci[jZa#I]ZNVc`ZZ8dbeVc^Zh
XdaaZXiYZXdbb^hh^dc^c\VcYXadhjgZXdhihi]gdj\]l]daZhVaZ!;:G8"
VeegdkZYgViZhX]Vg\ZYjcYZgedlZgejgX]VhZV\gZZbZcihl^i]hZkZgVa
CZl:c\aVcYji^a^i^Zh!^cXajY^c\CJÉhZaZXig^Xji^a^inXdbeVc^Zh#I]ZhZ
XdbeVc^ZhgZXdkZgi]ZhZXdhihi]gdj\]hiViZgZ\jaVidgnXdbb^hh^dc"
VeegdkZYgZiV^agViZh#6hjbbVgnd[ZVX]d[CJÉhhjWh^Y^VgnÉhdlcZgh]^e
eZgXZciV\Z^ci]ZNVc`ZZ8dbeVc^ZhVi9ZXZbWZg(&!'%%,^hVh[daadlh/
8N6E8 N6:8 BN6E8
8AE ()#* ')#* &'#%
EHC= *#% ,#% *#%
LB:8D .#* ,#% (#%
IdiVah ).#% (-#* '%#%
CJÉheZgXZciV\Zh]VgZd[i]ZdWa^\Vi^dcidhjeedgii]ZNVc`ZZ
8dbeVc^ZhjcYZg;:G8"VeegdkZYgViZiVg^[[h^hi]ZhVbZVhi]Z
dlcZgh]^eeZgXZciV\ZhVWdkZ#
8N6E8/JcYZgi]ZiZgbhd[i]ZhZiiaZbZciV\gZZbZciWZilZZc
8N6E8!i]Z9EJ8!i]Z8dccZXi^XjiD[[^XZd[8dchjbZg8djchZa!VcY
BV^cZgZ\jaVidgh!i]ZeVgi^ZhV\gZZYidVgZk^hZYYZXdbb^hh^dc^c\
Zhi^bViZd[+)'#.b^aa^dc^c'%%+YdaaVgh#6ccjVaXdaaZXi^dchWZ\Vc
^c?VcjVgnd['%%,!VcYlZgZgZYjXZY[gdbi]Z.(b^aa^dcdg^\^cVaan
gZfjZhiZY[dgnZVgh'%%,i]gdj\]'%&%idadlZgaZkZahgVc\^c\[gdb
(,b^aa^dc^c'%%,g^h^c\id)+b^aa^dc^c'%&*#I]ZgZYjXi^dcid
VccjVaXdaaZXi^dchlVhVX]^ZkZYWnZmiZcY^c\i]ZXdaaZXi^dceZg^dY
Wn*nZVghi]gdj\]'%&*WngZ[aZXi^c\i]ZegdXZZYh[gdbVhZiiaZbZci
V\gZZbZcil^i]7ZX]iZaEdlZg8dgedgVi^dc!WngZYjX^c\XdaaZXi^dch^c
'%%,!'%%-VcY'%%.Wn*b^aa^dceZgnZVg!VcYbV`^c\di]ZgVY_jhi"
bZcih#CJWZa^ZkZh8AEVcYLB:8Dl^aagZXdkZgi]Z^gh]VgZhd[
i]^hdWa^\Vi^dc[gdbi]Z^gXjhidbZgh#EHC=]VhgZXdkZgZY^ihh]VgZd[
i]ZhZXdhih[gdb^ihXjhidbZgh#
N6:8/Dc?jan(&!'%%+!i]Z;:G8VeegdkZYVhZiiaZbZciV\gZZbZci
l^i]i]Z9EJ8!i]ZBVhhVX]jhZiih6iidgcZn<ZcZgVaVcYi]ZKZgbdci
9ZeVgibZcid[EjWa^XHZgk^XZegZk^djhan[^aZYWnN6:8#I]^hhZiiaZbZci
V\gZZbZciY^YcdibViZg^VaanV[[ZXii]ZaZkZad['%%+X]Vg\Zh#JcYZg
i]ZhZiiaZbZciV\gZZbZci!N6:8V\gZZYidgZYjXZ^ihCdkZbWZg'%%*
YZXdbb^hh^dc^c\Xdhi^cXgZVhZ[gdb-*b^aa^dcid,.b^aa^dc#Di]Zg
iZgbhd[i]ZhZiiaZbZciV\gZZbZci^cXajYZZmiZcY^c\i]ZXdaaZXi^dc
eZg^dY[dgX]Vg\Zhi]gdj\]9ZXZbWZg'%&)!gZXdcX^a^c\VcYVY_jhi^c\
[jijgZX]Vg\ZhWVhZYdcVXijVaYZXdciVb^cVi^dcVcYYZXdbb^hh^dc^c\
ZmeZchZhVcYi]ZYZXdbb^hh^dc^c\igjhi[jcYÉhVXijVa^ckZhibZci
ZVgc^c\h#CJWZa^ZkZhi]Vi^ih')#.b^aa^dch]VgZd[i]Z^cXgZVhZ^c
YZXdbb^hh^dc^c\Xdhihl^aajai^bViZanWZgZXdkZgZY[gdbi]ZXjhidbZgh
d[8AEVcYLB:8DVeegdm^bViZan&.#)b^aa^dcVcY*#*b^aa^dc
[dg8AEVcYLB:8D!gZheZXi^kZan#EHC=]VhgZXdkZgZY^ihh]VgZd[
i]ZhZXdhih[gdb^ihXjhidbZgh#
BN6E8/BN6E8^hXdaaZXi^c\gZkZcjZh[gdb8AE!EHC=!LB:8D
VcYdi]ZgdlcZghi]ViVgZVYZfjViZidgZXdkZgi]ZgZbV^c^c\Xdhid[
YZXdbb^hh^dc^c\^iheaVci!VcY8AEVcYLB:8DZmeZXiidgZXdkZg
i]Z^ggZheZXi^kZh]VgZhd[hjX]Xdhihi]gdj\][jijgZgViZh#EHC=]Vh
gZXdkZgZY^ihh]VgZd[i]ZhZXdhih[gdb^ihXjhidbZgh#