How are Utilities Affected Financially by their Investments in Energy Efficiency? How do they Assure a Return on their Investment? This Utility Business Forum Also Examines: The decoupling debate — Can utilities really retain their expected earnings? Leveraging rate cases and performance incentives — Regulatory risk The potential loss of sales associated with energy efficiency efforts and its affect on utility credit ratings Amortization and depreciation of energy efficiency costs Integrating DSM and energy efficiency program costs The 2007 energy bill — More energy efficiency mandates for utilities? Are utilities the best vehicles to implement energy efficiency? More Than 25 Utilities and Regulators Debate the Issues: Leonard Haynes, Executive VP, Demand Side Planning, Southern Company Mike Schneider, Treasurer, Sempra Energy Utilities Samuel A. Pignatelli, VP, Rates and Regulatory Affairs, South Jersey Gas Carol White, Director, Program Evaluation and Regulatory Affairs, National Grid Phyllis Reha, Commissioner, Minnesota PUC Anne George, Commissioner, Connecticut DPUC Calvin Timmerman, Assistant Executive Director, Maryland PUC Caroline Bulger, Senior Counsel, Massachusetts DTE J. Mack Wathen, VP, Regulatory Affairs, Pepco Holdings, Inc. Douglas Petitt, VP, Government Affairs, Vectren Corp. Martha Duggan, VP, New Markets, Constellation NewEnergy, Inc. Ronald M. Cerniglia, Director of National Advocacy, Government, and Regulatory Affairs, Direct Energy David Bodek, Director, Standard & Poor’s Inara K. Scott, Manager, Regulatory Affairs, NW Natural Tory Weber, Senior Project Manager, Energy Efficiency Division, Southern California Edison Christine Tezak, Senior VP, Stanford Group Company Diane Munns Executive Director, Retail Energy, EEI Chuck Gray, Executive Director, NARUC John Perkins, Immediate Past President, NASUCA John Anderson, CEO, ELCON Dale Bryk, Senior Attorney, NRDC Joe Loper, VP, Policy and Research Analysis, Alliance to Save Energy Peter Smith, Managing Director, Pataki-Cahill Group; Former President, NYSERDA Steve Nadel, Executive Director, American Council for an Energy-Efficient Economy Gregory K. Lawrence, Partner, McDermott Will & Emery LLP Russell A. Feingold, VP, Rate and Regulatory Advisory Services Lead, Black & Veatch Enterprise Management Solutions For more information and speaking opportunities, contact: James Gillies Tel: 781-430-2110 james_gillies@platts.com For sponsorship opportunities, contact: Joshua Vernon Tel: 781-430-2113 joshua_vernon@platts.com For media inquiries, contact: Christine Benners Tel: 781-430-2104 christine_benners@platts.com

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