Dave Caplan Quotations

We took tremendous damage from Hurricane Rita to our transmission system and those customers north of Houston are actually helping us because we are having some severe load-balancing problems. So, by conserving energy up there, they are actually helping us get the transmission grid back online. We expect to make some progress in the next few days.

We're all dealing with mechanical systems that are subject to a lot of variables. We're not perfect and don't claim to be. But we have invested a considerable amount into transmission infrastructure and generation plants so we'll be prepared as best we can.

It is inconvenient, and we regret that, but it shouldn't last longer than a few more days.