PPT Slide

MichCon Update

Operations Update:

Transitioned back to a gas cost pass through mechanism on 1/1/02 after a 3 year rate freeze

Approximately 110,000 customers have enrolled in the Gas Choice program; ~10% of MichCon’s customer base

Recently completed construction to provide natural gas service to a 680-MW IPP in mid-Michigan

Costs to operate MichCon’s transmission pipelines, gate stations and meter stations improved 10% in 2001

A leak response time of 23 minutes; 7 minutes faster than the industry standard

Service Metrics:

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