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107 Selden St., Berlin, Connecticut 06037

News Release

CL&P Reaches Contract Agreement with IBEW Locals 420 and 457
Four-year Contract Ratified by Union Workers

(BERLIN, Conn. (January 17, 2013)Connecticut Light and Power (CL&P) is pleased to announce that its largest labor unions, International Brotherhood of Electrical Workers (IBEW) Locals 420 and 457, have ratified a new four-year contract that will take effect immediately. The agreement contains scheduling improvements to ensure more workers are available to serve customers when needed, while also providing a comprehensive wage and benefits package to employees.

“This four year contract is good news for both employees and customers,” said William Herdegen, President and COO of CL&P. “Throughout our negotiations with the union leadership, we were committed to maintaining the comprehensive benefits offered by CL&P, while also improving service and holding the line on rising costs for our customers.”

The contract provides for important updates to company-sponsored benefits programs to address rising healthcare costs, and maintains a comprehensive total compensation package.

Key provisions of the four-year agreement include:

“Our employees do an incredible job serving customers even when it means being called away from their families during storms and other emergencies,” added Herdegen. “With this new contract, CL&P is well-positioned to deliver great service into the future. It creates stability for our employees and their families and recognizes the dedication and skill of our employees who provide safe and reliable service to customers everyday.”

IBEW Locals 420 and 457 represent approximately 1100 CL&P employees working throughout the company’s service territory.

Connecticut Light & Power (CL&P), a Northeast Utilities company (NYSE: NU), transmits and delivers electricity to 1.2 million customers in 149 cities and towns. For more information, please visit www.cl-p.com, like us on Facebook (facebook.com/CTLightandPower) and follow us on Twitter @CTLightandPower.

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Tricia Taskey Modifica
(860) 665-4605

Mitch Gross
(860) 665-5221

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