James P. Torgerson, President and CEO UIL Holdings ... - CBIA

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Potential for Gas Heating in CTAmerican Community Survey’s selected housing characteristics estimates show a large percentage ofhouseholds in Connecticut do not use natural gas for heatingConnecticut15%50%31%Litchfield (0) Hartford (20) Tolland (6)Windham4% 5%2% 1%5%4%4%8%13%16%13%11%41%13% 62%9%9%67%42%68%73,704 339,516 52,993 42,653(0)2% 1% New Haven# Occupiedhousing units:1,327,482The # in parentheses representsthe number of cities or towns inthat county that are served by aUIL Gas Company.Fairfield2% 1%15%(9)47%35%325,920MiddlesexNew London(11)4% 3% 4% 3% (3)2% 2% (13)18%19%11% 63%63%16%11%46%35%65,476104,468322,752Fuel oil, keroseneUtility gasElectricityBottled, tank or LP gasOther¹Approximately 37% of businesses & households on UIL gas mains are not currently natural gas customersSource: U.S. Census Bureau; Average data for 2005-20091Other includes coal or coke, wood, solar, no fuel used and other6CBIA – May 2011
Natural GasNatural GasLow Cost Alternative – Currently about half price of oil.Plentiful Supply$ 1.71 per gal equivalent for natural gas$ 4.03 for home heating oil*Environmentally friendly and domestic.Generate incremental revenue sufficient to support expandinginfrastructure.Public concerns about hydraulic fracturing (Known as fracking).*State of Connecticut RESIDENTIAL HEATING OIL AND PROPANE PRICE SURVEY (04/25/2011),as reported by the State of Connecticut Office of Policy and ManagementCBIA – May 20117
Page 1 and 2: CBIA’s Midyear Economic UpdateMay
Page 3 and 4: UIL - Corporate Structure, Service
Page 5: Electric and Natural Gas SegmentsCa
Page 9 and 10: 20062005200420032002200120001999199
Page 11 and 12: UI Transmission - NEEWS InvestmentU
Page 13 and 14: State of BusinessConnecticut has a
Page 15 and 16: Best/Worst States For BusinessBotto
Page 17 and 18: Regional Institute For The 21 st Ce
Page 23 and 24: STATE OF BUSINESSAssessment of Conn
Page 25 and 26: STATE OF BUSINESSPublic Employee Pl
Page 27 and 28: Recent Action- State of Connecticut
Page 29: Q&A29CBIA - May 2011

James P. Torgerson, President and CEO UIL Holdings ... - CBIA

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