Steven Lant Quotations

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.

We were able to manage the effects of the energy price and supply problems effectively.

At this point, the earnings potential of this plant may be even better than we thought.

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.

In 2005, we added 3,700 new electric customers and 1,600 new gas customers.