315256--3/1/2007--CONNECTICUT_LIGHT_&_POWER

related topics

{regulation, change, law}

{gas, price, oil}

{cost, contract, operation}

{operation, natural, condition}

{debt, indebtedness, cash}

{personnel, key, retain}

{cost, regulation, environmental}

{financial, litigation, operation}

The Infrastructure Of Our Transmission And Distribution System May Not Operate As Expected, And Could Require Additional Unplanned Expense Which Would Adversely Affect Our Earnings. Volatility in Electric and Gas Prices May Adversely Impact Sales Changes in Regulatory Policy May Adversely Affect Our Transmission Franchise Rights or Facilitate Competition for Construction of Large-Scale Transmission Projects, Which Could Adversely Affect Our Earnings Changes in Regulatory or Legislative Policy Could Jeopardize Our Full Recovery of Costs Incurred By Our Distribution Companies Changes In Regulatory And/Or Legislative Policy Could Negatively Impact Regional Transmission Cost Allocation Rules. The Loss of Key Personnel or the Inability to Hire and Retain Qualified Employees Could Have an Adverse Effect on our Business, Financial Condition and Results of Operations. Grid Disturbances, Severe Weather, or Acts of War or Terrorism Could Negatively Impact our Business. Changes in Regulatory or Legislative Policy May Delay Completion of Our Transmission Projects or Adversely Affect Our Ability to Recover Our Investments or Result in Lower than Expected Rates of Return A Negative Change In NU's Credit Ratings Could Require NU To Post Cash Collateral And Affect our Ability To Obtain Financing Changes in Forecasted Wholesale Electric Sales Could Require Select Energy to Acquire or Sell Additional Electricity on Unfavorable Terms We Are Subject To Litigation Which Could Result In Large Cash Judgments against us Costs of Compliance with Environmental Regulations May Increase and Have an Adverse Effect on our Business and Results of Operations

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315256--3/1/2007--CONNECTICUT_LIGHT_&_POWER_CO