Eversource 2010 Annual Report Download - page 9

Download and view the complete annual report

Please find page 9 of the 2010 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.

Page out of 164

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34
  • 35
  • 36
  • 37
  • 38
  • 39
  • 40
  • 41
  • 42
  • 43
  • 44
  • 45
  • 46
  • 47
  • 48
  • 49
  • 50
  • 51
  • 52
  • 53
  • 54
  • 55
  • 56
  • 57
  • 58
  • 59
  • 60
  • 61
  • 62
  • 63
  • 64
  • 65
  • 66
  • 67
  • 68
  • 69
  • 70
  • 71
  • 72
  • 73
  • 74
  • 75
  • 76
  • 77
  • 78
  • 79
  • 80
  • 81
  • 82
  • 83
  • 84
  • 85
  • 86
  • 87
  • 88
  • 89
  • 90
  • 91
  • 92
  • 93
  • 94
  • 95
  • 96
  • 97
  • 98
  • 99
  • 100
  • 101
  • 102
  • 103
  • 104
  • 105
  • 106
  • 107
  • 108
  • 109
  • 110
  • 111
  • 112
  • 113
  • 114
  • 115
  • 116
  • 117
  • 118
  • 119
  • 120
  • 121
  • 122
  • 123
  • 124
  • 125
  • 126
  • 127
  • 128
  • 129
  • 130
  • 131
  • 132
  • 133
  • 134
  • 135
  • 136
  • 137
  • 138
  • 139
  • 140
  • 141
  • 142
  • 143
  • 144
  • 145
  • 146
  • 147
  • 148
  • 149
  • 150
  • 151
  • 152
  • 153
  • 154
  • 155
  • 156
  • 157
  • 158
  • 159
  • 160
  • 161
  • 162
  • 163
  • 164

NU employees also contribute financially, in particular
through the company’s annual employee giving
campaign to benefit the United Way. The results of our
2010 campaign once again highlight our long-standing
commitment to helping others in need, as exemplified
by our total donation of over $1.5 million. Our
collective pledges exceeded our $1.1 million campaign
pledge goal and reflect NU’s exceptional generosity.
Equally impressive was the support of our Day of
Caring activities; more than 1,100 NU employees
worked on-location at over 40 community sites.
In addition, our operating companies and the
Northeast Utilities Foundation provided $4.7 million
in grants to nonprofit organizations and worthwhile
regional activities across our tri-state service area
in 2010.
Positioning NU for the future
2010 was a unique and remarkable year for NU
with considerable accomplishments for our customers
and shareholders. Of course, none of this would
have been possible without the talented men and
women of NU. Our employees are the heart of NU’s
achievements that earned us nationwide recognition
in 2010 with many awards reflecting our commitment
to improving the lives of our customers and supporting
technological progress for our industry.
Always looking ahead, we will remain focused on
achieving our financial goals and delivering value for
you. We will also continue to work hard to sustain
operational excellence and honor our environmental
and community commitments to continue to deliver
industry-leading performance for our customers.
No one championed these commitments more than
Dr. E. Gail dePlanque, a member of the NU Board of
Trustees for 15 years. We were greatly saddened by
Gail’s death in 2010, and she will be missed by her
colleagues here at NU.
Finally, I look forward to the successful completion of
our merger with NSTAR. This last chapter remains to
be written, but I am confident it will allow us to
be better positioned to deliver on our promise of
leadership and growth for years to come. Thank you
for your continued support and confidence as we work
to achieve future success.
Sincerely,
Charles W. Shivery
Chairman, President and Chief Executive Officer
March 11, 2011
to help them conserve energy and manage its use
demonstrates another powerful way that NU leads
the effort to ensure a clean energy future
working with our customers
northeast utilities 2010 annual report | seven