1. Financial Review 2008

2. Charles W. Shivery
Chairman of the Board, President
and Chief Executive Officer
These materials provide updated
operating and financial information on
Northeast Utilities (NU) consolidated
and each of the largest operating
David R. McHale
subsidiaries of the NU System.
Senior Vice President
The tables and charts, which are
and Chief Financial Officer
updated through June 30, 2008,
supplement the 2007 NU System
annual reports.
Leon J. Olivier
Executive Vice President
and Chief Operating Officer
On the cover:
NU’s Bethel-Norwalk 345-kV
Project strengthens the
reliability of the power grid
in New England.

3. OPERATIONS information
Sales and Revenues
2007 2006 2005 2004 2003

4. Regulated Sales-kWh (millions)
15,051
Residential 14,652 15,518 14,866 14,824
15,103
Commercial 14,886 15,234 14,710 14,471
5,635
Industrial 5,750 6,023 6,274 6,223
353
Streetlighting and Railroads 332 348 348 348
36,142
Subtotal - Retail 35,620 37,123 36,198 35,866
3,855
Wholesale 8,777 4,856 5,787 6,813
39,997
Total 44,397 41,979 41,985 42,679
Revenues (thousands)
$2,558,547
Residential $2,409,414 $2,080,395 $1,707,434 $1,669,199
1,735,923
Commercial 1,977,444 1,727,278 1,429,608 1,411,881
412,381
Industrial 589,742 577,834 513,999 514,076
45,880
Streetlighting and Railroads 52,853 47,769 41,976 44,977
-
Competitive 583,829 1,212,176 857,355 660,145
$4,752,731
Subtotal - Retail $5,613,282 $5,645,452 $4,550,372 $4,300,278
514,185
Gas 453,894 503,303 407,812 361,470
418,667
Wholesale 408,798 1,055,902 2,066,857 2,089,568
$5,685,583
Total Electric and Gas $6,475,974 $7,204,657 $7,025,041 $6,751,316
136,643
Other and Eliminations 401,713 141,569 (544,357) (854,242)
$5,822,226
Total $6,877,687 $7,346,226 $6,480,684 $5,897,074
2007 2006 2005 2004 2003

5. Sales-kWh (millions)
10,336
Residential 10,053 10,760 10,305 10,359
10,128
Commercial 9,995 10,307 9,922 9,829
3,264
Industrial 3,306 3,501 3,623 3,630
304
Streetlighting and Railroads 284 298 298 298
24,032
Subtotal - Retail 23,638 24,866 24,148 24,116
3,563
Wholesale 3,749 4,179 5,375 5,885
27,595
Total 27,387 29,045 29,523 30,001
Revenues (thousands)
$1,854,404
Residential $1,709,700 $1,440,142 $1,155,492 $1,151,707
1,182,196
Commercial 1,405,281 1,170,038 939,579 960,678
208,087
Industrial 380,479 327,598 275,730 290,526
35,370
Streetlighting and Railroads 42,099 37,054 31,897 35,358
$3,280,057
Subtotal - Retail $3,537,559 $2,974,832 $2,402,698 $2,438,269
347,514
Wholesale 318,958 344,650 295,833 322,955
54,246
Miscellaneous 123,294 146,938 134,393 (56,700)
$3,681,817
Total $3,979,811 $3,466,420 $2,832,924 $2,704,524
1.

6. Sales and Revenues
2007 2006 2005 2004 2003

7. Sales-kWh (millions)
1,539
Residential 1,511 1,596 1,546 1,521
1,589
Commercial 1,574 1,616 1,583 1,567
842
Industrial 862 910 935 909
25
Streetlighting and Railroads 25 25 25 26
3,995
Subtotal - Retail 3,972 4,147 4,089 4,023
178
Wholesale 189 176 169 255
4,173
Total 4,161 4,323 4,258 4,278
Revenues (thousands)
$246,526
Residential $232,197 $190,023 $167,275 $165,871
140,531
Commercial 132,336 133,356 128,425 133,122
48,036
Industrial 43,131 59,937 62,347 63,990
4,492
Streetlighting and Railroads 5,025 5,030 4,782 4,817
$439,585
Subtotal - Retail $412,689 $388,346 $362,829 $367,800
20,131
Wholesale 17,421 19,064 8,646 14,347
5,029
Miscellaneous 1,399 1,983 7,754 9,031
$464,745
Total $431,509 $409,393 $379,229 $391,178
2007 2006 2005 2004 2003

8. Sales-kWh (millions)
3,176
Residential 3,087 3,162 3,015 2,944
3,403
Commercial 3,342 3,342 3,235 3,100
1,528
Industrial 1,582 1,612 1,716 1,684
24
Streetlighting and Railroads 23 24 25 23
8,131
Subtotal - Retail 8,034 8,140 7,991 7,751
105
Wholesale 985 501 242 674
8,236
Total 9,019 8,641 8,233 8,425
Revenues (thousands)
$457,616
Residential $467,517 $450,230 $384,667 $351,622
413,196
Commercial 439,828 423,884 361,603 318,081
156,258
Industrial 166,132 190,299 175,921 159,560
6,018
Streetlighting and Railroads 5,729 5,685 5,297 4,801
$1,033,088
Subtotal - Retail $1,079,206 $1,070,098 $927,488 $834,064
25,030
Wholesale 52,255 34,688 19,712 38,622
24,954
Miscellaneous 9,439 23,641 21,549 15,500
$1,083,072
Total $1,140,900 $1,128,427 $968,749 $888,186
2.

9. HISTORICAL FINANCIAL information
Northeast Utilities Consolidated
(Thousands of Dollars, except Share Information and Percentages)
12 Months Ended
June 30, 2008 2007 2006 2005 2004
Operating Revenues $5,572,248 $5,822,226 $6,877,687 $7,346,226 $6,480,684
Operating Income/(Loss) $537,331 $539,481 $235,971 $(252,153) $290,498
Net Income-Transmission $113,189 $82,475 $59,822 $41,101 $28,221
Net Income-Dist./Gen. 153,913 146,171 197,464 122,298 127,334
Net Income-NU Enterprises 8,409 11,732 211,282 (398,155) (15,078)
Net Income-Other (36,434) 6,105 2,010 (18,732) (23,889)
Net Income/(Loss) - Total $239,077 $246,483 $470,578 $(253,488) $116,588
Common Share Data:
Basic Earnings/(Loss)
$1.54
Per Share $1.59 $3.06 $(1.93) $0.91
Book Value Per Share
$18.90
(end of period) $18.79 $18.14 $15.85 $17.80
Average Shares
155,180,462
Outstanding 154,759,727 153,767,527 131,638,953 128,245,860
$0.80
Dividends Per Share $0.78 $0.73 $0.68 $0.63
$32.83
Market Price - High $33.53 $28.81 $21.79 $20.10
$24.01
- Low $26.93 $19.24 $17.61 $17.30
$25.53
- End $31.31 $28.16 $19.69 $18.85
Capitalization, end of period (includes current maturities)
$4,144,574
Long-Term Debt 57.6 % $3,637,885 54.6 % $2,965,312 50.4 % $3,049,961 54.5 % $2,880,733 54.4 %
116,200
Preferred Stock 1.6 116,200 1.7 116,200 2.0 116,200 2.1 116,200 2.2
2,939,456
Common Equity 40.8 2,913,835 43.7 2,798,179 47.6 2,429,244 43.4 2,296,711 43.4
$7,200,230
Total Capitalization 100.0 % $6,667,920 100.0 % $5,879,691 100.0 % $5,595,405 100.0 % $5,293,644 100.0 %
$87,000
Short-Term Debt $79,000 $ - $32,000 $180,000
$802,259
Rate Reduction Bonds $917,436 $1,177,158 $1,350,502 $1,546,490
Moody's/Standard Poor's/Fitch Securities Ratings
Baa2/BBB-/BBB
NU Sr. Unsecured Notes Baa2/BBB-/BBB Baa2/BBB-/BBB Baa2/BBB-/BBB Baa1/BBB/BBB
NU Quarterly Dividends Per Share
First Second Third Fourth Year-End
Quarter Quarter Quarter Quarter Outstanding Shares
2008 $0.2000 $0.2000 $0.2125 $0.2125 N/A
2007 $0.1875 $0.1875 $0.2000 $0.2000 155,079,770
2006 $0.1750 $0.1750 $0.1875 $0.1875 154,233,141
2005 $0.1625 $0.1625 $0.1750 $0.1750 153,225,892
2004 $0.1500 $0.1500 $0.1625 $0.1625 129,034,442
2003 $0.1375 $0.1375 $0.1500 $0.1500 127,695,999
2002 $0.1250 $0.1250 $0.1375 $0.1375 127,562,031
2001 $0.1000 $0.1000 $0.1250 $0.1250 130,132,136
2000 $0.1000 $0.1000 $0.1000 $0.1000 143,820,405
1999 No dividend No dividend No dividend $0.1000 131,870,284
3.

10. HISTORICAL FINANCIAL information
The Connecticut Light and Power Company
(Thousands of Dollars, except Percentages)
12 Months Ended
June 30, 2008 2007 2006 2005 2004
Operating Revenues $3,475,126 $3,681,817 $3,979,811 $3,466,420 $2,832,924
Operating Income $321,076 $284,542 $236,070 $202,049 $215,624
Net Income-Transmission $93,840 $68,241 $48,100 $30,712 $19,766
Net Income-Distribution 71,267 65,323 151,907 64,133 68,250
Net Income-Total $165,107 $133,564 $200,007 $94,845 $88,016
Capitalization, end of period
$2,330,694
Long-Term Debt 53.2 % $2,028,546 50.9 % $1,519,440 52.7 % $1,258,883 51.8 % $1,052,891 52.9 %
116,200
Preferred Stock 2.7 116,200 2.9 116,200 4.0 116,200 4.8 116,200 5.8
1,932,257
Common Equity 44.1 1,842,251 46.2 1,251,029 43.3 1,055,517 43.4 822,292 41.3
$4,379,151
Total Capitalization 100.0 % $3,986,997 100.0 % $2,886,669 100.0 % $2,430,600 100.0 % $1,991,383 100.0 %
$52,325
Short-Term Debt $38,825 $258,925 $26,825 $105,025
$464,746
Rate Reduction Bonds $548,686 $743,899 $856,479 $995,233
Moody's/Standard Poor's/Fitch Securities Ratings
A3/BBB+/A-
Bond A3/BBB+/A- A3/BBB+/A- A3/BBB+/A- A2/A-/A-
Baa1/BBB-/BBB+
Unsecured Debt Baa1/BBB-/BBB+ Baa1/BBB-/BBB+ Baa1/BBB-/BBB+ A3/BBB/BBB+
Baa3/BB+/BBB
Preferred Stock Baa3/BB+/BBB Baa3/BB+/BBB Baa3/BB+/BBB Baa2/BBB-/BBB
Utility Plant
As of December 31, 2006
As of December 31, 2007
Accumulated Accumulated
Depreciation Depreciation
Utility and Net Utility and Net
Plant Amortization Utility Plant Plant Amortization Utility Plant
Description
Transmission Plant $1,339,756 $368,318 $971,438 $1,098,900 $326,553 $772,347
Distribution Plant 3,559,319 911,379 2,647,940 3,458,300 933,973 2,524,327
Total Utility Plant $4,899,075 $1,279,697 $3,619,378 $4,557,200 $1,260,526 $3,296,674
Rate Base
End of Period End of Period End of Period End of Period
12/31/07 12/31/06 12/31/05 12/31/04
Distribution Rate Base $1,894,000 $1,792,000 $1,393,000 $1,212,000
Transmission Rate Base (a) $1,257,300 $841,100 $424,100 $297,600
(a) Includes 50% CWIP on southwest CT projects beginning 2/1/06.
Capital Expenditures
12 Months Ended 12 Months Ended 12 Months Ended 12 Months Ended
12/31/07 12/31/06 12/31/05 12/31/04
Distribution Capital Expenditures $283,258 $210,271 $254,626 $254,800
Transmission Capital Expenditures $660,590 $415,574 $215,308 $132,747
4.

11. HISTORICAL FINANCIAL information
The Connecticut Light and Power
Company (CLP), Connecticut’s
largest electric utility, provides service
in 149 cities and towns across the state
Raymond P. Necci
to approximately 1.2 million customers. President and Chief Operating Officer
This figure includes 1.1 million
residential customers, 103,000
commercial customers, and 6,300
industrial customers.
CONNECTICUT
THOMPSON
UNION
STAFFORD
SOMERS WOODSTOCK
NORTH HART- SUFFIELD ENFIELD
CANAAN LAND
COLEBROOK
NORFOLK
C O N N E C T I C U T
GRANBY
SALISBURY
PUTNAM
EAST
GRANBY ELLINGTON
WINDSOR
CANAAN
WINSTED EASTFORD
LOCKS
BARK-
EAST
HAMSTED POMFRET
WINDSOR ASHFORD
WILLINGTON
TOLLAND
WINDSOR
SIMSBURY KILLINGLY
BLOOM-
CANTON FIELD
SOUTH VERNON
WINDSOR
CORNWALL GOSHEN
SHARON NEW
BROOKLYN
TORRINGTON HARTFORD
COVENTRY CHAPLIN
MANSFIELD
HAMPTON
MANCHESTER BOLTON
AVON EAST
WEST HART-
HARTFORD
HARTFORD FORD
G
BURLINGTON WINDHAM
ANDOVER
RLIN
PLAINFIELD
SCOT-
HARWINTON
LITCHFIELD LAND
STE
COLUMBIA CANTERBURY
WARREN
WETHERS-
FARMINGTON GLASTONBURY
KENT FIELD
NEW- HEBRON
NEW INGTON SPRAGUE
BRISTOL
PLAIN- BRITAIN GRISWOLD
ROCKY
THOM-
MORRIS VILLE MARL- LEBANON
HILL
ASTON
BOROUGH
N
PLYMOUTH
TOW
FRANKLIN
WASHINGTON
CROMWELL
N
BERLIN
LUN
BO
BETHLEHEM SOUTHINGTON
PORTLAND
WOLCOTT
LIS
VO
WATERTOWN
NEW COLCHESTER NORWICH
EAST BOZRAH
MILFORD
HAMPTON
PRESTON
SHERMAN
WOODBURY MIDDLETOWN
WATERBURY
ROXBURY MERIDEN
MIDDLE-
CHESHIRE
MIDDLE-
BRIDGE- NORTH
FIELD SALEM
BURY
WATER STONINGTON
MONTVILLE
EAST
PROSPECT
HADDAM LEDYARD
HADDAM
NAUGATUCK
NEW DURHAM
SOUTHBURY WALLINGFORD
FAIRFIELD
BROOK-
FIELD STONINGTON
BEACON WATERFORD
LYME
FALLS CHESTER
GROTON
OXFORD
BETHANY
NORTH EAST
NORTH BRANFORD KILLING- DEEP LYME
HAVEN WORTH
DANBURY NEWTOWN RIVER
ESSEX
SEYMOUR OLD
HAMDEN
LYME
WOOD-
BETHEL OLD
ANS BRIDGE WEST- SAYBROOK
ONIA
MONROE BROOK
CLINTON
DE R GUILFORD
NEW HAVEN
N
BY
VE
MADISON
HA
BRANFORD
SHELTON
REDDING
ST
RIDGEFIELD ORANGE WEST-
EA
HAVEN
EASTON
TRUMBULL
MILFORD
STRAT-
WESTON
FORD
BRIDGE-
WILTON
PORT
FAIRFIELD
NEW WESTPORT
CANAAN
NORWALK
STAMFORD
DARIEN
GREENWICH
5.

12. HISTORICAL FINANCIAL information
Public Service Company of New Hampshire
(Thousands of Dollars, except Percentages)
12 Months Ended
June 30, 2008 2007 2006 2005 2004
Operating Revenues $1,121,547 $1,083,072 $1,140,900 $1,128,427 $968,749
Operating Income $126,096 $116,831 $112,885 $94,964 $103,008
Net Income-Transmission $14,986 $10,720 $8,331 $7,881 $6,754
Net Income-
Distribution/Generation 44,616 43,714 26,992 33,858 39,887
Net Income-Total $59,602 $54,434 $35,323 $41,739 $46,641
Capitalization, end of period
$686,753
Long-Term Debt 54.0 % $576,997 51.8 % $507,099 52.0 % $507,086 52.8 % $457,190 53.4 %
584,147
Common Equity 46.0 537,867 48.2 467,562 48.0 452,504 47.2 399,699 46.6
$1,270,900
Total Capitalization 100.0 % $1,114,864 100.0 % $974,661 100.0 % $959,590 100.0 % $856,889 100.0 %
$ -
Short-Term Debt $21,300 $36,500 $15,900 $30,400
$257,638
Rate Reduction Bonds $282,018 $333,831 $382,692 $428,769
Moody's/Standard Poor's/Fitch Securities Ratings
Baa1/BBB+/BBB+
Bond Baa1/BBB+/BBB+ Baa1/BBB/BBB+ A3/BBB/BBB+ A3/BBB+/BBB+
Utility Plant As of December 31, 2006
As of December 31, 2007
Accumulated Accumulated
Depreciation Depreciation
Utility and Net Utility and Net
Plant Amortization Utility Plant Plant Amortization Utility Plant
Description
Transmission Plant $290,980 $88,773 $202,207 $244,674 $76,779 $167,895
Distribution Plant 1,128,729 316,985 811,744 1,077,035 330,968 746,067
Generation Plant 590,511 332,159 258,352 577,231 316,017 261,214
Total Utility Plant $2,010,220 $737,917 $1,272,303 $1,898,940 $723,764 $1,175,176
Rate Base
End of Period End of Period End of Period End of Period
12/31/07 12/31/06 12/31/05 12/31/04
Distribution Generation Rate Base $908,000 $838,000 $736,000 $712,000
Transmission Rate Base $171,300 $134,400 $114,900 $97,300
Capital Expenditures
12 Months Ended 12 Months Ended 12 Months Ended 12 Months Ended
12/31/07 12/31/06 12/31/05 12/31/04
Distribution Generation
Capital Expenditures $123,649 $109,596 $143,664 $120,627
Transmission Capital Expenditures $80,730 $36,142 $28,540 $29,793
6.

13. HISTORICAL FINANCIAL information
Public Service Company of New
Hampshire (PSNH), New
Hampshire’s largest electric
utility, provides service in
Gary A. Long
211 towns and cities throughout President and Chief Operating Officer
the state to approximately 492,000
customers. This figure includes
418,000 residential customers,
71,000 commercial customers, and
3,400 industrial customers.
CLARKSVILLE
GILMANTON
ATKINSON
ACADEMY GRANT
STEWARTSTOWN
DIX'S SECOND
GRANT COLLEGE
COLEBROOK GRANT
DIXVILLE
NEW WENTWORTH'S
LOCATION
COLUMBIA
ERVING'S
LOCATION
ERROL
MILLSFIELD
HAMPSHIRE
ODELL
STRATFORD
CAMBRIDGE
DUMMER
STARK
MILAN
NORTH-
UMBERLAND
SUCCESS
KILKENNY
BERLIN
LANCASTER
JEFFERSON RANDOLPH GORHAM SHELBURNE
DALTON
WHITEFIELD
LITTLETON MARTIN'S
LOW BURBANK'S
LOCATION
GRANT
CARROLL THOMPSON BEAN'S
MESERVE'S GREEN'S
MONROE PURCHASE
PURCHASE GRANT
BETHLEHEM
CRAWFORD'S
LYMAN SARGENT'S
PURCHASE PURCHASE
LISBON SUGAR
HILL BEAN'S
STATE GRANT
FOREST
FRANCONIA REG'N JACKSON
BATH CUTT'S
GRANT
LANDAFF
CHATHAM
LIVERMORE
EASTON HADLEY'S
PURCHASE
LINCOLN HART'S BARTLETT
LOCATION
HAVERHILL
HALE'S
BENTON LOCATION
LIVERMORE
CONWAY
WOODSTOCK
PIERMONT
ALBANY
WATERVILLE
WARREN
THORNTON
OXFORD ELLSWORTH MADISON EATON
WENTWORTH TAMWORTH
SANDWICH
RUMNEY CAMPTON FREEDOM
LYME
DORCHESTER
OSSIPEE
HOLDERNESS EFFINGHAM
PLYMOUTH
GROTON
MOULTONBOROGH
HANOVER ASHLAND TUFTON-
BORO
CANAAN
BRIDGEWATER
ORANGE NEW
MEREDITH
HAMPTON
LEBANON ALEXANDRIA
WOLFEBORO WAKE-
BRISTOL
ENFIELD FIELD
LACONIA
GRAFTON
BROOKFIELD
GILFORD
PLAINFIELD
SANBORNTON
HILL
DANBURY
GRANTHAM
MIDDLETON
SPRINGFIELD ALTON
CORNISH TILTON
WILMOT NEW
FRANKLIN
CROYDON ANDOVER DURHAM MILTON
GILMANTON
NEW LONDON NORTHFIELD
SUNAPEE SALISBURY
CLAREMONT
FARMINGTON
NEWPORT BARNSTEAD
CANTERBURY
SUTTON
LOUDON
BOSCAWEN
NEWBURY
WEBSTER ROCHESTER
UNITY PITTSFIELD STRATFORD
GOSHEN
WARNER
SOMERS-
WORTH
CHICESTER
CONCORD
BRADFORD
CHARLES- ROLLINS-
LEMSTER EPSOM BARRINGTON
TOWN NORTHWOOD FORD
HOPKINTON
WASHINGTON
ACWORTH DOVER
MADBURY
PEMBROKE
LANGDON HENNIKER
MARLOW
DEERFIELD
ALLENSTOWN
HILLSBOROUGH BOW
NOTTINGHAM LEE DURHAM
ALSTEAD NEW-
WINDSOR INGTON
DUMBARTON
STODDARD WEARE
DEE ING HOOKSETT NEWMARKET PORTS-
CANDIA
WALPOLE GILSUM EPPING
GREEN-MOUTH
ANTRIM NEWFIELDS
RAYMOND
LAND
GOFFSTOWN
SULLIVAN STRATHAM RYE
BENN- FRANCES-
SURRY EXETER NORTH
INGTON
NELSON MANCHESTER AUBURN FREMONT
TOWN HAMPTON
NEW BOSTON CHESTER BRENTWOOD
HANCOCK
GREENFIELD SANDOWN
HAMPTON
KEENE
WESTMORELAND ROXBURY BEDFORD EAST KENS-
HARRISVILLE DAN- KINGS- HAMPTON
VILLE KINGSTON TON INGTON FALLS
PETER-
LYNDE- MOUNT
BOROUGH SEA-
BOROUGH VERNON SOUTH
LONDON- HEMP-
DUBLIN
CHESTERFIELD DERRY HAMPTON
MERRIMACK BROOK
MARLBOROUGH STEAD
DERRY NEWTON
AMHERST
SWANZEY
ATKINSON PLAIS-
LITCH-
WILTON FIELD TOW
JAFFNEY
HINSDALE TROY
SHARON TEMPLE MILFORD WINDHAM
WINCHESTER HUDSON
SALEM
GREEN-
RICHMOND HOLLIS
VILLE
FITZWILLIAM RINDGE IPSWICH BROOK-
NASHUA PELHAM
LINE
MASON
NEW
7.

14. HISTORICAL FINANCIAL information
Western Massachusetts Electric Company
(Thousands of Dollars, except Percentages)
12 Months Ended
June 30, 2008 2007 2006 2005 2004
Operating Revenues $442,798 $464,745 $431,509 $409,393 $379,229
Operating Income $51,224 $54,151 $39,973 $40,274 $34,464
Net Income-Transmission $6,158 $5,109 $4,636 $3,945 $3,014
Net Income-Distribution 15,508 18,495 11,008 11,140 9,359
Net Income-Total $21,666 $23,604 $15,644 $15,085 $12,373
Capitalization, end of period
$305,038
Long-Term Debt 53.8 % $303,872 55.5 % $261,777 54.5 % $259,487 59.1 % $207,684 55.8 %
262,269
Common Equity 46.2 243,250 44.5 218,966 45.5 179,336 40.9 164,472 44.2
$567,307
Total Capitalization 100.0 % $547,122 100.0 % $480,743 100.0 % $438,823 100.0 % $372,156 100.0 %
$3,300
Short-Term Debt $14,900 $30,800 $14,900 $40,900
$79,876
Rate Reduction Bonds $86,731 $99,428 $111,331 $122,489
Moody's/Standard Poor's/Fitch Securities Ratings
Baa2/BBB/BBB+
Unsecured Debt Baa2/BBB/BBB+ Baa2/BBB/BBB+ Baa2/BBB/BBB+ A3/BBB+/BBB+
Utility Plant As of December 31, 2006
As of December 31, 2007
Accumulated Accumulated
Depreciation Depreciation
Utility and Net Utility and Net
Plant Amortization Utility Plant Plant Amortization Utility Plant
Description
Transmission Plant $132,446 $52,973 $79,473 $123,100 $46,674 $76,426
Distribution Plant 596,266 152,770 443,496 580,600 154,425 426,175
Total Utility Plant $728,712 $205,743 $522,969 $703,700 $201,099 $502,601
Rate Base
End of Period End of Period End of Period End of Period
12/31/07 12/31/06 12/31/05 12/31/04
Distribution Rate Base $363,000 $278,000 $239,000 N/A
Transmission Rate Base $74,500 $70,600 $65,800 $53,600
Capital Expenditures
12 Months Ended 12 Months Ended 12 Months Ended 12 Months Ended
12/31/07 12/31/06 12/31/05 12/31/04
Distribution Capital Expenditures $34,006 $29,998 $32,448 $32,089
Transmission Capital Expenditures $19,258 $12,986 $12,863 $6,525
8.