Eversource 2007 Annual Report Download - page 80
Download and view the complete annual report
Please find page 80 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
;V^gkVajZVY_jhibZcih^cXajYZY^cVXXjbjaViZYdi]ZgXdbegZ]Zch^kZ
^cXdbZ$adhh[dgCJÉhfjVa^[^ZYXVh][adl]ZY\^c\^chigjbZcihVgZVh
[daadlh/
6i9ZXZbWZg(&!
B^aa^dchd[9daaVgh!CZid[IVm '%%,'%%+
7VaVcXZViWZ\^cc^c\d[nZVg *#. &-#'
=ZY\ZYigVchVXi^dchgZXd\c^oZY^cidZVgc^c\h %#' '#(
6bdjcigZXaVhh^[^ZY^cidZVgc^c\hYjZidi]Z
Y^hXdci^cjVi^dcd[XVh][adl]ZY\Zh Å &)#&
8]Vc\Z^c[V^gkVajZd[]ZY\ZY
igVchVXi^dchYZa^kZgZY Å )#*
8Vh][adligVchVXi^dchZciZgZY^cid[dgeZg^dY (#- )#%
CZiX]Vc\ZVhhdX^ViZYl^i]]ZY\^c\igVchVXi^dch (#+ &'#(
IdiVa[V^gkVajZVY_jhibZcih^cXajYZY^c
VXXjbjaViZYdi]ZgXdbegZ]Zch^kZ^cXdbZ '#( *#.
;dgi]ZnZVghZcYZY9ZXZbWZg(&!'%%,VcY'%%+!%#'b^aa^dcVcY
'#(b^aa^dc!gZheZXi^kZan!cZid[iVm!lVhgZXaVhh^[^ZY[gdbVXXjbjaViZY
di]ZgXdbegZ]Zch^kZ^cXdbZ^cidZVgc^c\h^cXdccZXi^dcl^i]i]Z
XdchjbbVi^dcd[^ciZgZhigViZhlVeV\gZZbZcihVcYi]ZVbdgi^oVi^dc
d[Zm^hi^c\^ciZgZhigViZ]ZY\Zh#
>c9ZXZbWZgd['%%,!CJeVgZci!8AE!EHC=VcYNVc`ZZ<VhZVX]
ZciZgZY^cidV[dglVgY^ciZgZhigViZhlVeV\gZZbZciVhhdX^ViZYl^i]i]Z^g
gZheZXi^kZeaVccZY'%%-adc\"iZgbYZWi^hhjVcXZh#6hVgZhjai!(#&
b^aa^dc!cZid[iVm!lVhgZXdgYZY^cVXXjbjaViZYdi]ZgXdbegZ]Zch^kZ
^cXdbZl^i]VXdggZhedcY^c\egZ"iVmd[[hZiidYZg^kVi^kZVhhZih[dgi]Z
[V^gkVajZd[i]ZYZg^kVi^kZ^chigjbZcihVhd[9ZXZbWZg(&!'%%,#;dg
[jgi]Zg^c[dgbVi^dc!hZZCdiZ*!Æ9Zg^kVi^kZ>chigjbZcih!Çidi]Z
Xdchda^YViZY[^cVcX^VahiViZbZcih#
>c?jand['%%,!8AEZciZgZY^cidild[dglVgY^ciZgZhigViZhlVe
V\gZZbZcihid]ZY\Zi]Z^ciZgZhigViZhVhhdX^ViZYl^i]*%b^aa^dcd[
^ih&%%b^aa^dc!&%"nZVg[^mZYgViZadc\"iZgbYZWi^hhjVcXZVcYl^i]
*%b^aa^dcd[^ih&%%b^aa^dc!(%"nZVg[^mZYgViZadc\"iZgbYZWi^hhjVcXZ#
JcYZgi]ZV\gZZbZcih!8AE]VYVA>7DGhlVegViZd[*#,&-eZgXZci
[dgi]Z&%"nZVg]ZY\ZVcY*#-+*eZgXZci[dgi]Z(%"nZVg]ZY\Z!Wdi]
WVhZYdci]Zcdi^dcVaVbdjcihd[*%b^aa^dc^cadc\"iZgbYZWii]Vi
lVh^hhjZY^c?jand['%%,#Dc?jan&+!'%%,!i]Z]ZY\ZlVhhZiiaZYVcY
VcZi"d["iVmX]Vg\Zd[)#,b^aa^dc,#,b^aa^dcegZ"iVmlVhgZXdgYZY
^cVXXjbjaViZYdi]ZgXdbegZ]Zch^kZ^cXdbZidWZVbdgi^oZY^cid
ZVgc^c\hdkZgi]ZiZgbhd[i]Zadc\"iZgbYZWi#>cVYY^i^dc!VcZid[iVm
X]Vg\Zd[+,i]djhVcY&&%i]djhVcYegZ"iVmlVhgZXdgYZYgZaViZY
id^cZ[[ZXi^kZcZhh^cXjggZYjedciZgb^cVi^dcd[i]Z]ZY\Z#
6ahd!^c?jand['%%,!LB:8DZciZgZY^cidV[dglVgY^ciZgZhigViZhlVe
V\gZZbZciid]ZY\Zi]Z^ciZgZhigViZVhhdX^ViZYl^i]^ih)%b^aa^dc!
(%"nZVg[^mZYgViZadc\"iZgbYZWi^hhjVcXZ#JcYZgi]ZV\gZZbZci!
LB:8D]VYVA>7DGhlVegViZd[*#--'eZgXZciWVhZYdci]Zcdi^dcVa
Vbdjcid[)%b^aa^dc^cadc\"iZgbYZWii]VilVh^hhjZY^c?jand['%%,#
Dc6j\jhi&*!'%%,!i]Z]ZY\ZlVhhZiiaZYVcYVcZid[iVmX]Vg\Zd[
%#+b^aa^dc&b^aa^dcegZ"iVmlVhgZXdgYZY^cVXXjbjaViZYdi]Zg
XdbegZ]Zch^kZ^cXdbZidWZVbdgi^oZY^cidZVgc^c\hdkZgi]ZiZgbd[
i]Zadc\"iZgbYZWi#
>c;ZWgjVgnd['%%,!8AEZciZgZY^cidild[dglVgY^ciZgZhigViZhlVe
V\gZZbZcihid]ZY\Zi]Z^ciZgZhigViZhVhhdX^ViZYl^i],*b^aa^dcd[
^ih&*%b^aa^dc!&%"nZVg[^mZYgViZadc\"iZgbYZWi^hhjVcXZVcYl^i]
,*b^aa^dcd[^ih&*%b^aa^dc!(%"nZVg[^mZYgViZadc\"iZgbYZWi^hhjVcXZ#
JcYZgi]ZV\gZZbZcih!8AE]VYVA>7DGhlVegViZd[*#''.eZgXZci
[dgi]Z&%"nZVg]ZY\ZVcY*#(+.eZgXZci[dgi]Z(%"nZVg]ZY\Z!Wdi]
WVhZYdci]Zcdi^dcVaVbdjcihd[,*b^aa^dc^cadc\"iZgbYZWii]Vi
lVh^hhjZY^cBVgX]d['%%,#DcBVgX]',!'%%,!i]Z]ZY\ZlVhhZiiaZY
VcYVcZid[iVmX]Vg\Zd[&#+b^aa^dc'#+b^aa^dcegZ"iVmlVh
gZXdgYZY^cVXXjbjaViZYdi]ZgXdbegZ]Zch^kZ^cXdbZidWZVbdgi^oZY
^cidZVgc^c\hdkZgi]ZiZgbhd[i]Zadc\"iZgbYZWi#
>cBVgX]d['%%+!8AEZciZgZY^cidV[dglVgY^ciZgZhigViZhlVe
V\gZZbZciid]ZY\Zi]Z^ciZgZhigViZVhhdX^ViZYl^i]&'*b^aa^dcd[
^iheaVccZY'*%b^aa^dc!(%"nZVg[^mZYgViZadc\"iZgbYZWi^hhjVcXZ#
JcYZgi]ZV\gZZbZci!8AE]VYVA>7DGhlVegViZd[*#(''eZgXZci
WVhZYdci]Zcdi^dcVaVbdjcid[&'*b^aa^dc^cadc\"iZgbYZWii]Vi
lVh^hhjZY^c?jcZd['%%+#Dc?jcZ&!'%%+!i]Z]ZY\ZYigVchVXi^dc
lVhhZiiaZY!VcYVhVgZhjai)#+b^aa^dc!cZid[iVm,#-b^aa^dc
egZ"iVm!lVhgZXdgYZY^cVXXjbjaViZYdi]ZgXdbegZ]Zch^kZ^cXdbZ
idWZVbdgi^oZY^cidZVgc^c\hdkZgi]ZiZgbd[i]Zadc\"iZgbYZWi#
>ci]Z[^ghifjVgiZgd['%%+!&)#&b^aa^dclVhgZXaVhh^[^ZY[gdbVXXj"
bjaViZYdi]ZgXdbegZ]Zch^kZ^cXdbZ^cidZVgc^c\hVcY^cXajYZY
^cdi]ZgdeZgVi^dcZmeZchZhYjZidY^hXdci^cj^c\XVh][adl]ZY\Z
VXXdjci^c\VcYi]ZXdcXajh^dci]Vii]ZgZiV^abVg`Zi^c\XdcigVXih
]ZY\ZYWZndcY?jcZ&!'%%+lZgZcdadc\ZgegdWVWaZd[e]nh^XVa
YZa^kZgnYjZidi]ZgZiV^aWjh^cZhhWZ^c\hdaY#
>i^hZhi^bViZYi]ViVX]Vg\Zd[%#(b^aa^dcl^aaWZgZXaVhh^[^ZY[gdb
VXXjbjaViZYdi]ZgXdbegZ]Zch^kZ^cXdbZVhVYZXgZVhZidZVgc^c\h
dkZgi]ZcZmi&'bdci]hVhVgZhjaid[Vbdgi^oVi^dcd[i]Z^ciZgZhi
gViZhlVeV\gZZbZcihl]^X]]VkZWZZchZiiaZY#I]^hVbdjcil^aaWZ
^beVXiZYWni]ZhZiiaZbZcid[[dglVgY^ciZgZhigViZhlVeV\gZZbZcih#
6i9ZXZbWZg(&!'%%,!^i^hZhi^bViZYi]ViVegZ"iVm%#&b^aa^dc^cXajYZY
^ci]ZVXXjbjaViZYdi]ZgXdbegZ]Zch^kZ^cXdbZWVaVcXZl^aaWZ
gZXaVhh^[^ZYVhVc^cXgZVhZidZVgc^c\hdkZgi]ZcZmi&'bdci]hgZaViZY
idEZch^dc!H:GEVcYdi]ZgedhigZi^gZbZciWZcZ[^ihVY_jhibZcih#