Title:

American Electric Power at Goldman Sachs Power and Utility-`What Is the Risk in Rate Base Growth?` Transcript

Price:$54.00
Publication Date:May 14, 2008
Source:Thomson StreetEvents
Report Type:Transcript
Abstract:Final Transcript of AEP presentation, 14-May-08 11:15am ET
Brief Excerpt:...We are about to kick off our last panel of the Eighth Annual Goldman Sachs Power and Utilities Conference. It's actually been not as gradual of a change as I think people may consider it, but what we've seen over the last few years is a massive ramp up or significant ramp up in the rate-based growth programs, the utility capital spending at the regulated level across the industry. It's almost regardless of market cap. The purpose of this panel is to talk about not just the types of rate-based growth, but the risk inherent in that type of rate-based growth. And we have a pretty broad mix of executives here for this. We've brought back Holly from AEP, David Hauser from Duke, David McHale -- sorry about that. David McHale from Northeast Utilities, Scott Wilson from El Paso Electric, and Bob Kump from Energy East. David, I want to ask -- and, David Hauser, I want to ask a question first and then I want to pass it down the line to the next David, so I'm going to do the double Davids here. I...
Word Count:8486
Length:16 Pages
Ticker:AEP
Time:11:15am ET
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