Steven Lant
Steven Lant
below days degree electric estimate expenses increased lower million percent restore service year
We estimate that residential heating degree days (a measurement of heating requirements) were 9 percent lower than those of a year ago, and about 10 percent below normal. In addition, we incurred about $1.7 million increased expenses to restore electric service after windstorms.
acceptable electric excessive fuel gas leads natural policy price problems promote reliance source supply twenty york
New York must also promote a diversified fuel supply for electric generation. We have had a de-facto policy of having natural gas as the only acceptable fuel source for twenty years. Excessive reliance on any one fuel leads to problems with price and supply security, as is now occurring with natural gas.
added customers electric gas
In 2005, we added 3,700 new electric customers and 1,600 new gas customers.
earnings plant potential
At this point, the earnings potential of this plant may be even better than we thought.
effects energy manage price problems supply
We were able to manage the effects of the energy price and supply problems effectively.