8-KRegulation FDExhibits & Filings

EVERSOURCE ENERGY 8-K Report, Regulation FD Disclosure (Jul 3, 2007)

Filed July 3, 2007For Securities:ES

Summary

This 8-K filing from Northeast Utilities (NU) on July 3, 2007, primarily concerns updates on rate proceedings for its subsidiaries. NU distributed a letter to the financial community detailing the status of rate cases for Yankee Gas Services Company, The Connecticut Light and Power Company (CL&P), and Public Service Company of New Hampshire (PSNH). Specifically, CL&P announced its intention to seek a 4.6 percent increase in customer rates, effective January 1, 2008, if approved by the Connecticut Department of Public Utility Control (DPUC).

Key Highlights

  • 1Northeast Utilities (NU) provided an update on rate proceedings for its key subsidiaries.
  • 2CL&P filed a Letter of Intent with the Connecticut DPUC seeking a customer rate increase.
  • 3The proposed rate increase by CL&P is 4.6 percent.
  • 4If approved, the CL&P rate increase is expected to go into effect on January 1, 2008.
  • 5The filing includes attachments of a letter to the financial community and a news release from CL&P.
  • 6This information is being disclosed under Regulation FD.
  • 7Investors are referred to the Form 10-Q for the period ending March 31, 2007, for further details on regulatory developments.

Frequently Asked Questions

The main purpose of this 8-K filing is to provide timely updates to investors and the financial community regarding the status of rate increase requests and other regulatory proceedings for Northeast Utilities' subsidiaries, specifically CL&P, Yankee Gas, and PSNH.

CL&P is seeking a 4.6 percent increase in customer rates. If approved by the Connecticut Department of Public Utility Control (DPUC), this increase would become effective on January 1, 2008.

Investors are advised to refer to Northeast Utilities', CL&P's, and PSNH's Quarterly Report on Form 10-Q for the period ending March 31, 2007. Specifically, the 'Management's Discussion and Analysis of Financial Condition and Results of Operations-Regulatory Development and Rate Matters' section should provide further details.

The information provided in Item 7.01 of this 8-K, including the attached exhibits, is furnished under Regulation FD and is not deemed 'filed' with the SEC for purposes of Section 18 of the Securities Exchange Act of 1934, nor will it be incorporated by reference into registration statements under the Securities Act of 1933 unless specifically stated.