The following is excerpted from the question-and-answer section of the transcript.
(Questions from industry analysts are provided in full, but answers are omitted - download the transcript to see the full question-and-answer session)
Question: Paul Patterson - Glenrock Associates LLC - Analyst
: I just wanted to follow-up on the draft decision in Connecticut on Monday, and what your thoughts were on it? Any -- if it were, in
fact, to become a final order, what the potential impact could be?
Question: Paul Patterson - Glenrock Associates LLC - Analyst
: Sure. There was a draft decision on Monday in the PURA case associated with the rates, right? The rate review that was reversed that
proceeding. I can tell you the specific name.
Question: Paul Patterson - Glenrock Associates LLC - Analyst
: Yes, I know there were.
Question: Paul Patterson - Glenrock Associates LLC - Analyst
: Okay. There was one part of it that would reduce the carrying charges from WACC to a prime rate on a variety of reconciliation
mechanisms. Is there any -- do we have any -- I know this is all off the press and everything, but do we have any sort of forecast as
to what those reconciliation mechanisms -- like how much capital might be tied up in those?
Question: Paul Patterson - Glenrock Associates LLC - Analyst
: Okay. And then just -- we don't know who the President's going to be at this point. But if there was a change in administration, do
you think that could have or not have maybe a significant impact on the BOEM permitting process with respect to offshore wind?
Question: Paul Patterson - Glenrock Associates LLC - Analyst
: Okay. But just so for my clarity, the process of the BOEM is pretty much the agency, the sort of the bureaucratic process that's going
on, really you don't see a significant change one way or the other, regardless of the outcome of the presidential election. Is that right
understanding there?
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