-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, AbSVF62VleStbza67Mgajh6x2cyrIkFqVXaokl9A4RYIeU/HarfZK68Xje6HXBXS vCYbgH02K/UPkaZ4iDQosA== 0000023426-05-000002.txt : 20050103 0000023426-05-000002.hdr.sgml : 20041231 20050103173028 ACCESSION NUMBER: 0000023426-05-000002 CONFORMED SUBMISSION TYPE: 8-K/A PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20041229 ITEM INFORMATION: Other Events ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20050103 DATE AS OF CHANGE: 20050103 FILER: COMPANY DATA: COMPANY CONFORMED NAME: NORTHEAST UTILITIES CENTRAL INDEX KEY: 0000072741 STANDARD INDUSTRIAL CLASSIFICATION: ELECTRIC SERVICES [4911] IRS NUMBER: 042147929 STATE OF INCORPORATION: MA FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K/A SEC ACT: 1934 Act SEC FILE NUMBER: 001-05324 FILM NUMBER: 05503416 BUSINESS ADDRESS: STREET 1: ONE FEDERAL STREET STREET 2: BUILDING 111-4 CITY: SPRINGFIELD STATE: MA ZIP: 01105 BUSINESS PHONE: 8606655000 MAIL ADDRESS: STREET 1: 107 SELDEN ST CITY: BERLIN STATE: CT ZIP: 06037-1616 FORMER COMPANY: FORMER CONFORMED NAME: NORTHEAST UTILITIES SYSTEM DATE OF NAME CHANGE: 19961121 8-K/A 1 nu8ka010305.txt NU 8-K/A 010305 SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549-1004 FORM 8-K/A CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report (Date of earliest event reported) December 29, 2004 ------------------- NORTHEAST UTILITIES -------------------- (Exact name of registrant as specified in its charter) MASSACHUSETTS 1-5324 04-2147929 ------------------------------------------------- (State or other (Commission (I.R.S. Employer jurisdiction of File Number) Identification No.) organization) ONE FEDERAL STREET, BUILDING 111-4, SPRINGFIELD MASSACHUSETTS 01105 ----------------------------------------------------------------- (Address of principal executive offices) (Zip Code) (860) 665-5500 (Registrant's telephone number, including area code) Not Applicable -------------- (Former name or former address, if changed since last report) Check the appropriate box below if the Form 8-K/A filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below): [ ] Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) [ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) [ ] Pre-commencement communications pursuant to Rule 14d- 2(b) under the Exchange Act (17 CFR 240.14d- 2(b)) [ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e- 4(c)) Section 8 - Other Events Item 8.01 Other Events The Item 8.01 disclosure in the 8-K filed by the Registrant on December 28, 2004 is replaced in its entirety by the following: On December 28, 2004, The Connecticut Light and Power Company ("CL&P") and The United Illuminating Company ("UI") announced revised cost estimates and schedule for their Middletown/Norwalk Transmission Project. On December 29, 2004, CL&P and UI issued a revised news release to correct the number of miles of overhead transmission line involved in both the first and second alternative route proposals. A copy of the revised joint CL&P/UI news release is attached as Exhibit 99 and is incorporated herein. Section 9 - Financial Statements and Exhibits Item 9.01 Financial Statements and Exhibits (a) Not Applicable (b) Not Applicable (c) Exhibits Exhibit Description ------- ----------- Exhibit 99 Revised Joint CL&P/UI News Release dated December 28, 2004. [SIGNATURE PAGE TO FOLLOW] SIGNATURE Pursuant to the requirements of the Securities and Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. NORTHEAST UTILITIES (Registrant) By: /s/ Randy A. Shoop Name: Randy A. Shoop Title: Vice President and Treasurer Date: January 3, 2005 EX-99 2 nu8kaexh991305.txt REVISED NEWS RELEASE Exhibit 99 CL&P and UI File Projected Middletown/Norwalk Costs with Siting Council Estimated $840 Million to $990 Million to build proposed project Contact: Frank Poirot (CL&P) Marcia Wellman (UI) Office: (860) 665-3409 (203) 444-2161 After Hours: (800) 286-2000 (203) 444-2161 BERLIN and NEW HAVEN, Connecticut, December 28, 2004 - It will cost an estimated $840 million to $990 million to build Connecticut Light & Power's (CL&P) and United Illuminating's (UI) proposed Middletown/Norwalk Transmission Project, according to a filing today with the Connecticut Siting Council. The expansion of the electrical grid is needed to help meet the current and future energy needs of southwest Connecticut and the region. The cost estimate has been updated to reflect current costs associated with changes needed to address technical issues introduced by the extensive amount of underground transmission being proposed (45 miles of overhead and 24 miles of underground construction) and a two-year delay in the project in-service date from 2007 to 2009. The variation in the cost range is due to unknown soil and rock conditions that may be encountered during construction and a provision for other contingencies. The low end of the new estimate is more than $200 million higher than originally estimated in the companies' 2003 application. Additional steps to lower magnetic fields along the overhead portion of the proposed route would add between $70 million and $80 million to the estimated cost. The filing also says that two other alternatives would cost less than the proposed route. These alternatives are more controversial locally as they rely on more miles of overhead construction. The first alternative would involve installing 60 miles overhead and 13 miles underground and would cost an estimated $810 million to $950 million. The second alternative would involve installing 72 miles overhead and four miles underground at an estimated cost of $750 million to $860 million. "Last week, the companies provided the Connecticut Siting Council with three reliable alternatives to meet the area's electric needs," said Anthony Vallillo, UI's president and chief operating officer. "This filing provides the costs of each alternative, so the Siting Council can make a fully informed decision." "While everyone acknowledges the urgent need for the project, the current debate is focused on how much of the line should be buried," said David H. Boguslawski, CL&P's vice president, transmission business. "We stand ready to build any of the technically feasible alternatives." (more) Today's filing updates cost estimates necessitated by project changes recommended last week by the Reliability and Operability Committee (ROC). The committee, composed of representatives of CL&P, UI and ISO New England, announced that it, and its consultants, reached a consensus that installing 24 miles of underground cable will work, as part of the proposed 69 mile route. The committee also reported it cannot support undergrounding beyond the 24 miles because additional underground cable introduces unacceptable risks to the integrity and reliability of the grid. The ROC was created in June 2004 after concerns were raised about maximizing the use of underground cable in the Middletown/Norwalk Project. The Connecticut Siting Council is scheduled to hold hearings on the proposal and the alternatives on January 11 and 13, 2005. A ruling on the proposed project is expected by April 7, 2005. # # # The Connecticut Light and Power Company (CL&P) has been part of everyday life in Connecticut for more than 100 years, providing safe and reliable electric service to homes, neighborhoods and businesses. With more than 1.1 million customers in 149 cities and towns, CL&P is an active member in the communities it serves, offering programs in energy conservation, economic development and environmental education. CL&P is part of the Northeast Utilities System (NYSE: NU). For more information, please visit www.cl-p.com. UI, The United Illuminating Company, was formed in 1899 when the Bridgeport Electric Company merged with the New Haven Electric Company. UI is a regional distribution utility providing electricity and energy-related services to more than 320,000 customers in the Greater New Haven and Greater Bridgeport areas. -----END PRIVACY-ENHANCED MESSAGE-----