The Connecticut Light and Power Company
P.O. Box 270
Hartford, CT 06141-0270
(860) 947-2000


News Release

Contacts: Mitch Gross
Office: (860) 665-5221
After Hours Phone: (800) 286-2000

CL&P, LIPA Agree on Replacement Timetable
Fund Established For Long Island Sound Enhancement Projects


BERLIN, Connecticut, September 28, 2004 - The Connecticut Light & Power Company (CL&P) and the Long Island Power Authority (LIPA) announced today that they have reached an agreement to proceed with the Long Island Replacement Cable project. The agreement calls for the replacement of the existing cable, which runs between Norwalk, Conn. and Northport, NY. Pending final approvals and permits, construction activities are scheduled to begin in the fall of 2006, with an in-service date of May 2007.

"We are very pleased that all parties -- including regulators from both states -- were able to come together to ensure this vital energy infrastructure project is completed as soon as possible," said David H. Boguslawski, vice president, Transmission Business, Northeast Utilities. "This project will have far reaching long term benefits to customers, the environment, and economies of both Connecticut and New York," said Boguslawski.

The present Long Island Cable has been in service since 1970. Its two 138-kilovolt (kV) lines, which are capable of carrying up to 300 megawatts of electricity, consist of seven fluid-filled cables that lie on the seabed for 11 miles across the Long Island Sound and have been damaged numerous times over the years. In 2002, CL&P formally proposed their replacement with three new solid-core cables that will be buried beneath the seabed. The new technology will result in fewer repairs and improved reliability as well as helping to minimize energy costs.

The companies also announced that they, along with the Cross Sound Cable Company, have established a fund in the amount of $6 million, for projects enhancing Long Island Sound. The fund will be jointly administered by the states of Connecticut and New York through the Long Island Sound Study Management Conference.

The timetable and funding are key parts of a settlement that was signed on June 24 by the Connecticut Department of Environmental Protection (DEP), Connecticut Department of Public Utility Control (DPUC), CL&P, LIPA, and the Cross Sound Cable Company. The settlement was also endorsed by the Chairs and ranking members of the Connecticut Legislature's Environment Committee and Energy and Technology Committee.

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.




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