PSEG Power: Locking in Revenues

Current contracts already reflect Power’s objective of terming up 75% of planned output over the next 18-24 months

Est. Output

• Future BGS auctions expected to be for 3-year contracts

• Blocks represent percentage of forecasted annual average output at beginning of each contract term

Generation Output

PJM West 500 MW

2003 BGS Auction – 34 Month

2003 BGS 10 Month

0%

10%

20%

30%

40%

50%

60%

70%

80%

United Illuminating

2004 BGS Auction – 36 Month

2004 BGS 12 Month

To 2008

To 2007

Other output sales

90%

100%

’05 BGS

’06 BGS

Previous slide

Next slide

Back to first slide

View graphic version