ML021400175

Part 5 of 5, Pierce Atwood - Proceeding to Approve Funding Assurance Proposed in Connection with Sale of Seabrook Station Interests - Docket No. Ndfc 2002-2, Exhibit 9 FPL Groups Generating Plants

ML021400175
Person / Time
Site:	Seabrook
Issue date:	05/09/2002
From:	Hepper R Florida Power & Light Energy Seabrook, Pierce Atwood
To:	Howland D Office of Nuclear Reactor Regulation, State of NH, Public Utilities Commission
References
NDFC 2002-2
Download: ML021400175 (42)

Text

EXHIBIT 9 FPL GROUP'S GENERATING PLANTS FP&L Generatin2 Assets Name Cape Canaveral Cutler Port Everglades Port Everglades Riviera Turkey Point Turkey Point Turkey Point Manatee Martin St. Lucie Putnam Fort Myers Lauderdale Sanford ()

Scherer St. Johns River Power (1) 1,400 MW exp.

Location (City)

Capacity Cocoa Miami Port Everglades Port Everglades Riviera Beach Miami Miami Miami Plant City Indiantown Fort Pierce East Palatka Fort Myers Dania Lake Monroe Juliette Jacksonville 806 215 1,242 420 563 12 810 1,386 1,625 2,588 1,677 498 1,626 1,694 2,314 862 1,270 Fuel Type Ownership Oil 100.0%

Gas 100.0%

Oil 100.0%

Gas 100.0%

Oil 100.0%

Oil 100.0%

Oil 100.0%

Uranium 100.0%

Oil 100.0%

Gas 100.0%

Uranium 92.6%

Gas 100.0%

Oil 100.0%

Gas 100.0%

Oil 100.0%

Coal 76.4%

Coal 20.0%

FPL Energv Generating Assets Name Location Capacity Fuel Type Ownership Net MW MA 300 Gas Net MW 806 215 1,242 420 563 12 810 1,386 1,625 2,588 1,553 498 1,626 1,694 2,314 658 254 50.0%

150 Bellingham

Cherokee SC 98 Gas 50.0%

49 Doswell VA 879 Gas 100.0%

879 Double C CA 50 Gas 25.1%

13 Kern Front CA 50 Gas 18.7%

9 High Sierra CA 50 Gas 45.0%

22 Lamar Power TX 1,000 Gas 99.0%

990 Partners Marcus Hook 50 PA 50 Gas 100.0%

50 Sayreville NJ 290 Gas 50.0%

145 Altamont Power CA 18 Wind 50.3%

9 Cameron Ridge CA 56 Wind 50.0%

28 Cerro Gordo IA 42 Wind 100.0%

42 Gray County KS 112 Wind 100.0%

112 King Mountain TX 278 Wind 100.0%

278 Green Ridge Power CA 165 Wind 50.0%

83 Lake Benton II MN 104 Wind 100.0%

104 Mojave 16/17/18 CA 85 Wind 50.0%

43 Mojave 3/5 CA 46 Wind 48.0%

22 Montfort WI 30 Wind 100.0%

30 Morwind CA 29 Wind 50.0%

15 Pacific Crest CA 47 Wind 50.0%

24 Ridgetop CA 25 Wind 50.0%

13 Sky River CA 77 Wind 50.0%

39 Southwest Mesa TX 75 Wind 100.0%

75 Stateline WA/OR 263 Wind 100.0%

263 Vansycle OR 24.9 Wind 100.0%

25 Victory Garden CA 22 Wind 50.0%

11 Wind Power Ptrs.

CA 99.9 Wind 100.0%

100 Woodward TX 160 Wind 100.0%

160 Mountain Hydro Projects ME 377 Hydro 98.9%

373 East Mesa CA 93.5 Geo/Solar 50.1%

47 SEGS VIII,IX CA 160 Geo/Solar 50.0%

80 Mason ME 372 Oil 100.0%

372 W.F. Wyman ME 620 Oil 61.8%

383 Gilberton PA 79.5 Other 5.4%

4 Ebensburg PA 47.3 Other 20.1%

10 Montgomery County PA 27.1 Other 39.9%

11 Multitrade VA 80 Other 40.0%

32 Port of Stockton CA 44 Other 50.0%

22 Sub Total 5,117 2

EXHIBIT 10 FPLE SEABROOK'S PAYMENT SCHEDULE

SEABROOK STATION DECOMMISIONING COST PROJECTIONS FPL Energy, LLC Ownership:

88.23%

Share of Decommisioning Cost:

$ 490,150,974 Year End Contributions 12/31 Fund 1 A Fund 1 B Fund 2 Fund 3 Fund 4 Fund 5 Total 12/31/02 1,154,292 10,454,357 469,625 1,047,265 1,191,374 1,541,334 15,858,247 12/31/03 0

0 0

9,718,249 0

2,978,051 12,696,300 12/31/04 0

0 0

10,106,979 0

3,097,173 13,204,152 12/31/05 0

0 0

10,511,258 0

3,221,060 13,732,318 12/31/06 0

0 0

10,663,408 0

3,618,202 14,281,610 12/31/07 0

0 0

5,930,607 0

2,338,453 8,269,060 12/31/08 0

0 0

6,055,011 0

2,544,811 8,599,822 12/31/09 0

0 0

6,752,250 0

2,191,564 8,943,814 12/31/10 0

0 0

7,022,340 0

2,279,227 9,301,567 12/31/11 0

0 0

7,303,234 0

2,370,396 9,673,630 12/31/12 0

0 0

7,595,363 0

2,465,212 10,060,575 12/31/13 0

0 0

9,716,069 0

746,930 10,462,999 12/31/14 0

0 0

10,658,335 0

223,183 10,881,518 12/31/15 0

0 0

11,084,669 0

232,110 11,316,779 12/31/16 0

0 0

11,528,056 0

241,395 11,769,451 12/31/17 0

0 0

11,989,178 0

251,050 12,240,228 12/31/18 0

0 0

12,468,745 0

261,092 12,729,837 12/31/19 0

0 0

12,967,495 0

271,536 13,239,031 12/31/20 0

0 0

13,486,194 0

282,398 13,768,592 12/31/21 0

0 0

14,025,642 0

293,694 14,319,336 12/31/22 0

0 0

14,586,668 0

305,441 14,892,109 12/31/23 0

0 0

15,487,793 0

0 15,487,793 12/31/24 0

0 0

16,107,305 0

0 16,107,305 12/31/25 0

0 0

16,751,597 0

0 16,751,597 12/31/26 0

0 0

10,162,636 0

0 10,162,636 I 1i!42Q2 I 10454.357 I 469.625 I 263.726.346 I 1.191.374 I 31,754,312 I 3O8,75O,3U I 1,191,374 1 31,754,312I 308,750,306]II 1 1.154.*292 110.454,357 I I

469,625 I 263,726,346 1

SEABROOK STATION DECOMMISSIONING COST PROJECTIONS Summary Page for Totals of All Owners Year End I Contributions Fees/Expenses 12/31 12131/93 12131/94 12/31/95 12/31/96 12/31/97 12/31/98 12131/99 12131/00 12131/01 12/31/02 12131/03 12/31/04 12131/05 12/31/06 12/31/07 12131/08 12131/09 12/31/10 12131/11 12/31/12 12/31/13 12/31/14 12131/15 12/31/16 12131/17 12/31/18 12/31/19 12/31/20 12131/21 12/31/22 12/31/23 12131/24 12/31/25 12/31/26 12/31/27 12131/28 12131/29 12/31/30 12/31/31 12/31/32 12/31/33 12/31/34 12/31/35 12131/36 12/31/37 12/31/38 12/31/39 12/31/40 12131/41 12/31/42 12/31/43 12/31/44 12/31/45 12/31/46 Total 17,507,244 14,549,134 15,131,099 15,736,343 16.365,797 9,526,105 9,907,150 10,303,436 10,715,573 11,144,196 11,589,964 12.053,562 12,535,705 13.037,133 13,558,618 14,100,963 14.665,002 15,251,602 15,861,666 16,496,132 17,155,978 17,842,217 18,555,905 19,298,142 11,707,539 Total 2,400,734 3,751,402 4,044,980 4,361,953 4,704,275 5,070,155 5,456,569 5,873,518 6,323,415 6,809,009 7,333,185 7,898,650 8,508,481 9,166,610 9,877,039 10,643,994 11,472,045 12,366,142 13,331,639 14,374,334 15,500,188 15,208,824 33,500,784 40,241,080 80,978,107 337,261,058 347,722.405 332,668,759 342,696,451 317,351,251 180,792,746 143,292,219 25,839,019 18,660,177 19,571,965 20,439,659 21,397,326 22,400.478 23,506.364 24.551,645 25,704,519 26.912,072 28,244,488 48,970,393 456,135,417 Annual Earnings Balances Total Total 15,082,454 23,206,698 26,116,098 29,303,261 32,799,788 36,337,581 39,948,817 43.878.495 48,152,791 52,811,351 57,888,415 63,376,402 69,297,964 75,726,779 82,718,028 90.320,883 98,588,915 107,580,492 117.359,226 127,994,455 127.962.642 125,894,686 121.146,113 113,737,276 103,196,024 98,069,871 85,566,045 72,506,471 58,863,894 44,875,976 34,326,783 27,724,418 24,789,688 24,956,600 25,298,076 25,612.264 25,896,470 26,145,450 26,353.345 26,516.674 26,631,727 26,691,455 26,687,985 26,110,399 14,360,800 42,604,093 55,340,641 71,541,311 94,399,829 124,925,920 145,720,360 162,516,615 251,419,531 285,423,961 322,626,178 363,303,829 407,765,138 448,558,669 492,958,068 541,266,480 593,811,429 650,957,967 713,103,161 780,634,476 853,959,664 933,556,966 1,019,956,572 1,113,734,425 1,215,516,296 1,325,982,247 1,445.871,500 1,575,987,753 1,705.606,185 1,834,134,263 1,940.335,498 2,033,129,835 2,067,055,292 1,827,864,105 1,565,707,744 1,305,545,457 1,021,712,899 749,237,625 602,771,662 487,203,861 486,154,530 492,450,953 498,177,063 503,349,668 507.848,812 511.593,785 514,440,766 516,405,794 517,333,001 517,112,384 515,555,882 492,695,887 50,921,271 Target Cost 555,537,770 584,703,503 615,400,437 647,708,960 681,713,680 717,503,648 755,172,590 794,819,151 836,547,156 880,465,882 926,690,341 975,341,584 1,026,547,017 1,080,440.735 1,137,163,874 1,196,864.977 1,259,700.388 1,325,834,659 1,395,440,978 1,468,701,630 1,545,808,465 1,626,963,410 1,712,378,989 1,802,278,886 1,877.584,520 1,949,053,715 1,981,306,388 1,750,305,483 1.495,126,573 1.240,606,975 961.011,018 691,258,590 546,256,544 431,409,913 430,661,589 437,263,788 443,326,047 448,868,218 453,770,400 457,950,118 461,261,357 463,717.669 465.160,543 465,476,797 464,474,648 442,143,337 (0) i 354,596,204 3,103,315,526 2,578,410.026 i

Ownership:

100.00%

Share of Decommissioning Cost:

As of 12131/2000

$555,537,770 Pre-Tax Tax Fund Return Rate IA 7.64%

20.00%

1B 10.76%

20.00%

2 7.64%

0.00%

3 6.08%

0.00%

4 4.83%

0.00%

5 10.76%

0.00%

TotalI Inflation Rates Core 400%

Decommissioning 5 25%-1 Run K:\\CienisXNaes\\Modeiingo202 Runs'lNAESCO 2026 2026 Change 2007 FPL Topoff.xislSumma Accelerated funding through 2006 Decom Begins 2026 Topoff of $58.7m at 12131/2002 Target costs equal to $555.5 in 2001 dollars Used 5.25% escalation factor FPL contribution directions Escalating annual contributions 5 Year phaseout prior to shutdown Final payment in 2046

-Run on 05/03/02

SEABROOK STATION DECOMMISSIONING COST PROJECTIONS Total of All Owners Ownership:

100.00%

Share of Deconmissioning Cost:

As of 12/31/2000

$555,537,770 Year End F

Contributions FdFees/Expenses 12/31 Fund lA Fund lB Fund 2 Fund 3 Fund 4 Fund 5 To1a l Fund 1A Fund 1B Fund 2 Fund 3 Fund 4 Fund 5

Tota, 12/31/90 12131/91 12/31/92 12331/93 12/31/94 12131/95 12/31/96 12/31/97 12/31/98 12/31/99 12/31/00 12/31/01 12/31/02 12/31/03 12/31/04 12/31/05 12/31/06 12/31/07 12/31/08 12/31109 12/31/10 12/31/11 12/31/12 12/31/13 12/31/14 12/31/15 12/31/16 12/31/17 12/31/18 12/31/19 12/31/20 12/31/21 12/31/22 12/31/23 12/31/24 12/31/25 12/31/26 12/31/27 12/31/28 12/31/29 12/31/30 12/31/31 12/31/32 12/31/33 12/31/34 12/31/35 12/31/36 12/31/37 12/31/38 12/31/39 12/31/40 12/31/41 12/31/42 12/31/43 12/31/44 12/31/45 12/31/46 0

0 0

0 0

0 0

0 0

0 2.507,685 17,507,244 4,065.864 14,549.134 4.228.499 15.131.099 4.397.639 15,736.343 4.841.844 16.365,797 3.077,671 9,526,105 3.313.598 9,907.150 2,991.103 10,303,436 3.110.747 10,715.573 3,235,177 11.144,196 3,364.584 11.589,964 1,682,277 12,053.562 1.195,944 12.535,705 1,243.782 13.037,133 1.293.533 13.558.618 1.345.274 14.100,963 1,399.085 14.665,002 1.455.049 15.251.602 1,513,251 15,861,666 1,573,781 16,496,132 305.441 17.155.978 0

17.842.217 0

18.555,905 0

19.298,142 0

11.707,539 0

0 0

0 0

0 0

0 0

0 0

0 0

0 0

0 0

0 0

0 0

0 0

0 0

0 0

0 0

0 0

0 0

0 0

0 0

0 0

0 0

0 0

0 0

0 0

0 0

0 0

0 0

0 0

0 0

0 0

0 1.106,243 1.085,839 123,339 5.880 1,151.953 2.348.150 117.826 47.850 1.212,981 2,533,561 121,753 74.982 1,278.129 2.734.749 126.754 103,203 1,347.592 2,953.058 132,745 132,707 1.420.870 3.188,750 139.075 162.314 1.500,527 3,447,179 146.971 182.705 1.585,013 3.727,152 155.617 204.128 1,674.605 4,030,485 165.014 228.023 1.769.610 4.359.133 175,249 253.517 1.870.340 4,715,198 186,375 280,740 1.977,060 5,100.826 198.432 309,723 2.090.117 5,518,603 211,321 344,731 2,209.934 5.971.203 225.264 383.363 2.336.921 6,461.558 240.359 424,727 2,471,496 6.992,810 256,687 469,034 2,614.103 7.568,362 274.339 516.512 2.765.210 8.191,905 293.415 567,399 2,925,317 8.867.434 314,018 621.950 3,094,951 9,599,280 336,265 680.434 3.274,639 10.392.057 360,248 743,054 3.234,196 9.986.333 386,841 808.590 5,415,167 14.650,170 2,548,957 5,528,119 6.201,887 15,805.530 3,425.523 7,596.865 11.034.064 26,000,162 8.185,508 18,591,547 41,844,004 93,384,934 37,476,174 86,428.439 43.841,726 94.879.049 38.752.967 89,470,781 42,723,358 89,564.894 37.141.847 85.835.839 44,763,897 90,827.805 38.376.373 88.772.297 42.289,531 82,864,337 35,607,117 82,431,661 24,822.488 46,833.694 20,224.865 46,826.840 20,127.509 36,690,169 16,030,109 37,115,460 4,011.400 7.017.045 2,766,271 6,340.129 3,057,738 5.185,248 1,954,370 4,452.609 3,249,698 5,363,415 2,056,087 4.685,293 3,440,174 5,525,410 2,153.220 4.906.376 3,649,153 5,703,681 2.260.842 5.150.983 3,870,548 5.887.007 2.373.917 5,407.430 4,113,666 6.088,366 2,498.957 5,690.720 4,353,419 6.269.039 2,617,561 5.957,994 4.616,545 6,468.054 2.748.749 6,253,267 4,895,227 6,672,462 2.886,614 6,562,654 5.201.658 6,897,520 3.039.147 6.904,473 8.808,344 11,425,681 5.381,600 12,317,142 79.311,233 100,793,852 51.339.339 118,668.037 0

0 0

0 0

0 0

0 0

0 4,122 75,311 7.224 78.399 7,169 94.533 7,170 111,949 7,217 130,956 7,269 151.876 7,433 171,754 7,617 193.992 7,819 217.469 8.040 243.460 8,281 272,250 8,539 304.069 8.805 334.905 9,088 367.758 9,390 404.086 9.711 444,256 10,052 488,676 10,414 537,799 10,797 592,123 11.202 652,202 11.629 718,561 12.084 780.780 79.056 5,279,314 104.246 7,107.029 245.564 16,921.262 1,116.111 77.011.396 1,150,739 79,627,143 1,099.383 76.303,438 1,132,082 78.823.997 1,046,390 73,112,215 591.646 41.493.213 466,938 32,862,034 79.850 5.624,323 56.073 3.954.139 58,801 4,158,672 61.370 4.353.110 64.213 4,568,454 67,183 4.794.393 70.463 5,044.193 73.525 5,280,107 76,909 5,540.995 80.442 5,814,672 84,345 6,117,346 149,112 10.888,515 1,420,587 104,602.369 0

0 0

0 0

2,400.734 3,751,402 4.044,980 4,361.953 4,704,275 5.070,155 5.456.569 5,873.518 6,323,415 6,809.009 7,333.185 7.898.650 8.508,481 9,166,610 9,877.039 10,643.994 11.472.045 12,366,142 13,331.639 14.374,334 15.500.188 15.208.824 33,500,784 40.241.080 80,978,107 337,261,058 347,722,405 332.668,759 342,696,451 317,351,251 180.792,746 143,292.219 25,839.019 18.660.177 19,571,965 20,439,659 21,397.326 22.400.478 23.506.364 24.551,645 25.704,519 26,912,072 28,244,488 48,970,393 456,135,417 1,154.292 10.454,357 25,928.008 263,726.346 1,191,374 52,141,826 354,596,2041 460.554,241 890,571.150 326,534.022 749.440,522 9.566.099 666.649,492 3,103,315,526 0

0 0

0 0

0 0

0 0

0 1,152,271 1,047.265 765.021 9,718.249 795.621 10,106.979 827.446 10,511,258 860,544 10.663,408 517.827 5.930,607 538.541 6,055.011 560,082 6.752.250 582,485 7.022.340 605.785 7.303.234 630.016 7.595.363 655.217 9,716.069 681,426 10.658.335 708,683 11,084,669 737.030 11.528.056 766,511 11,989,178 797,172 12.468.745 829,058 12.967,495 862.221 13.486.194 896.710 14.025.642 2,263.869 14,586,668 2.354,424 15.487.793 2.448.600 16,107.305 2,546,544 16.751.597 1.544,904 10,162.636 0

0 0

0 0

0 0

0 0

0 0

0 0

0 0

0 0

0 0

0 0

0 0

0 0

0 0

0 0

0 0

0 0

0 0

0 0

0 0

0 0

0 0

0 0

1,154.292 0

0 0

0 0

0 0

0 0

0 0

0 0

0 0

0 0

0 0

0 0

0 0

0 0

0 0

0 0

0 0

0 0

0 0

0 0

0 0

0 0

0 0

0 0

0 0

0 0

10,454,357 0

0 0

0 0

0 0

0 0

0 0

0 0

0 0

0 0

0 0

0 0

0 0

0 0

0 0

0 0

0 0

0 0

0 0

0 0

0 0

0 0

0 0

0 0

0 0

0 0

1.191,374 0

0 0

0 0

0 0

0 0

0 0

0 0

0 0

0 0

0 0

0 0

0 0

0 0

0 0

0 0

0 0

0 0

0 0

0 0

0 0

0 0

0 0

0

SEABROOK STATION DECOMMISSIONING COST PROJECTIONS Total of All Owners Year End Annual Earnings 12/31 Fund 1A Fund 1B Fund 2 Fund 3 Fund 4 Fund 5 Total Fund 1A Fund lB Fund 2 12/31/90 12/31191 12131/92 12/31/93 12/31/94 12/31/95 12/31196 36,320,870 4,908,285 11.811.009 12/31197 0

0 0

0 0

0 0

38,714,650 9.574,645 14.226.524 12/31198 0

0 0

0 0

0 0

42.197,424 26,078.424 17,656,521 12/31/99 0

0 0

0 0

0 0

41,461,030 37,784,402 25,709,999 12131/00 0

0 0

0 0

0 0

48,110.845 43,916,794 31,749.391 12/31/010 0

0 0

0 0

0 61,155.711 39.973,343 36,122,235 12131302 4,674,262 4,838.636 2.801,840 140,285 90.683 2,536,747 15,082.454 65,876.022 99,077,128 39,953.008 12131/03 4,985.945 10.525.977 3,078.892 1,333,843 121,394 3,160,646 23,206,698 69.712,015 107.254.955 43.679,094 12131/04 5,276.365 11.395,274 3.364,656 2,014,703 126,913 3.938.188 26,116,098 73,775.399 116,116.668 47,717.618 12/31/05 5,584.142 12.337.251 3,674,297 2,759,415 132.699 4,815.457 29.303,261 78,081.412 125.719,171 52,092,607 12/31106 5,910.279 13,357.955 4.009,655 3,564.000 138,763 5.819.135 32.799,788 82,644.099 136,124.068 56,830,061 12131/07 6,255.870 14.464,000 4.357,314 4,265,530 145.118 6,849,749 36,337.581 87,479,099 147,399.318 61,566,128 12/31/08 6.622.005 15.662.390 4.719,674 4,678.981 151,774 7.913,993 39,948.817 92,600.576 159.614,529 66,677.373 12/31/09 7.009,829 16,960,684 5,110,701 5,554.716 158,744 9.083,822 43,878,495 98,025,392 172,848,060 72,192,539 12/31/10 7.420,619 18.367,208 5,532,592 6,298.603 166,041 10,367,728 48.152,791 103,771.406 187,184.783 78.142.602 12/31/11 7.855.727 19,890,984 5.987,711 7,102,988 173.681 11.800,260 52.811.351 109.857,522 202.716.634 84.560,850 12/31/12 8.316.584 21.541.782 6,478,602 7.972.118 181,679 13,397,650 57,888,415 116.303,766 219,543,219 91,483.093 12/31/13 8,804.711 23,330.198 7.007,999 8,969.818 190,050 15,073,626 63.376,402 123,131,417 237.772.591 98.947,876 12131114 9,321,717 25,267.709 7,578,853 10,116,698 198,814 16.814,172 69.297,964 130.363,017 257,521.697 106.996,834 12/31/15 9,869,309 27,366,746 8,194,339 11,371.514 207,988 18,716,884 75,726,779 138,022,392 278.917.240 115,674.591 12131/16 10,449,289 29,640,773 8,857.862 12,726,662 217.591 20,825,851 82,718,028 146.134.760 302,096.455 125,029.124 12J31/17 11,063,567 32,104.377 9,573.086 14,189.129 227,643 23,163,081 90,320.883 154,726,831 327,208.022 135.112,035 12/31/18 11.714,166 34,773,360 10,343,953 15.766,354 238.165 25.752.917 98,588.915 163,826,894 354,413.019 145,978,820 12/31/19 12,403,228 37,664,843 11.174,699 17,466,261 249,178 28,622,284 107.580.492 173.464,912 383,885,957 157,689.163 12/31/20 13.133.021 40.797,373 12,069,883 19,297,284 260,705 31,800,960 117,359.226 183,672.617 415.815.896 170.307.249 12/31/21 13,905,949 44,191,046 13,034,406 21,268,401 272,770 35.321,882 127,994.455 194,483,615 450,407,663 183,902,100 12/31/22 14.734,306 42.592.413 13.089.551 22.429,145 285.398 34,831,830 127,962.642 205.943,283 482,608,018 198,895.271 12131/23 15.621.003 40.036,833 13.030.392 23.518,462 298.614 33,389,382 125,894,686 218,330.089 512,658.518 213,893,246 12131/24 16,507,284 36,362,282 12,734,562 24,385.693 310.719 30,845,573 121,146,113 229.422,206 534.370,630 226,527.451 12/31/25 17.348,120 31.645,700 12,192,511 24,981,955 321,258 27,247.731 113,737.276 240.568,439 550,210,799 237,840,984 12131/26 18,092,712 25.910,581 11.319,923 24,947.549 328,072 22,597.187 103.196,024 247.627.087 550,121,218 242.520,302 12/31/27 17.831,408 24.155,283 10,744.776 23,718,940 309,438 21,310,027 98,069.871 223.614.491 480,891,567 215.788,904 12131/28 15.944,935 20,771,282 9.419.938 20,609,762 269,560 18,550.567 85,566,045 195.717,700 406.783.799 186.455.874 12/31/29 13.842,681 17,328,481 8,044.430 17.376.851 228.316 15.685,712 72,506,471 166.837,023 334.547,386 157,358,457 12131/30 11,583.175 13.805.201 6.606.364 13.992.609 185.376 12.691.168 58.863,894 133.656,300 257.524,782 125,588.449 12/31/31 9,112,463 10,290.397 5,143.196 10,544,014 141,858 9,644,048 44,875,976 100,479,232 184,950,843 95,124.527 12/31/32 7,031.610 7.719,868 4,070,881 7.995,582 109,968 7,398.875 34,326.783 82,688,354 145.837,016 78.970,543 12/31/33 5.794,384 6.093,464 3,399.320 6,371.602 89.934 5,975.715 27,724,418 68,355.229 115,240.310 66,339,754 12/31/34 5,118.105 5.386.076 3.133,656 5,685,745 81,775 5.384,330 24,789.688 69,461,934 113.609.341 66.707,139 12/31135 5.227.438 5.354.867 3,172.505 5.703.172 82,486 5,416.133 24.956.600 71,631.634 113.778,960 67.925.274 12/31/36 5,388.215 5.358.433 3,228,723 5,757.553 83.691 5,481,462 25.298,076 73,770,150 113,773.978 69.097,910 12/31/37 5,546.648 5,353,983 3,282.860 5,803,619 84.827 5,540,327 25,612,264 75,876.624 113.602,551 70.227,550 12/31/38 5,702,152 5.341.067 3,334.648 5,840.618 85.887 5,592,097 25.896,470 77,929.623 113.239.938 71.301,356 12/31/39 5.853.248 5,318,782 3,383.596 5,867,278 86,857 5,635.689 26.145,450 79.912,323 112,671.712 72,311,036 12/31140 5.998,409 5,286,093 3,429.135 5.882.136 87.722 5,669,849 26.353.345 81,797.067 111.869,440 73,241,213 12/31/41 6,136,174 5,242,633 3.470,999 5.884,441 88,477 5,693,951 26.516,674 83,579.822 110,843,034 74.094,651 12131142 6,265.539 5,187.865 3.508.828 5,873.214 89.111 5,707.169 26.631,727 85.228.816 109.562.845 74,854,731 12/31/43 6.384,281 5,120,695 3,541,973 5,846,810 89,609 5,708,087 26.691,455 86,717,870 108,011,078 75,510.089 12/31/44 6,490,082 5,039,866 3.569,676 5.803,339 89.951 5,695.072 26.687,985 88,006,294 106,153.423 76,040.619 12131/45 6,494,799 4.832,441 3,534,444 5.609.486 88,539 5,550.690 26,110,399 85,692,750 99,560,183 74,193,463 12131/46 4.486,052 2,191,655 2,250,994 2,521.881 52,573 2.857,645 14,360,800 10.867.568 957,987 25,105,117 Balances Target Fund 3 Fund 4 Fund 5 Total Cost 42,604,093 1,144,264 339,570 816.643 55.340,641 641,536 367.198 8,016,758 71.541.311 700,574 377.088 7.389,798 94,399,829 836.386 386.727 18.747.376 124.925,920 0

1,823,922 400.685 19.718,723 145.720,360 555.537,770 1,748,323 1,238.252 22,278,752 162,516,615 584,703.503 16.747.313 2,516.187 27,247,873 251.419,531 615,400,437 27,751.555 2,630,358 34.395.985 285.423,961 647,708.960 39.798.254 2,750,101 42,468,139 322.626,178 681,713.680 52.965.724 2,875.630 51,569.286 363,303,829 717.503.648 67.060.424 3.007.176 62,099.309 407.765.138 755,172.590 77,094,247 3,145,025 71.874.853 448,558.669 794.819.151 87.845.535 3.289.366 82.930,689 492,958.068 836.547,156 99.948,373 3,440,494 94.811,622 541,266,480 880.465,882 113,041,293 3,598,717 108,072,628 593,811,429 926.690.341 127,193.998 3,764.358 122,864,605 650.957,967 975.341,584 142.480,740 3,937,756 139,354,588 713,103.161 1.026.547,017 160.856.903 4,119.267 155,806,422 780.634.476 1,080,440.735 181,287.206 4,309,276 173,481.633 853,959,664 1,137,163,874 203,360,026 4,508.176 193.074,541 933.556.966 1.196,864.977 227,190.016 4.716.377 214.789.839 1.019,956.572 1.259,700.388 252.899,289 4.934,309 238,853.939 1,113,734,425 1.3256.834.659 280.617,876 5,162.421 265,517,265 1.215,516.296 1.395,440.978 310,484,232 5,401,185 295,056,798 1.325.982,247 1.468.701,630 342.645,760 5,651,092 327.778,886 1,445.871.500 1.545,808.465 377,259.369 5,912.659 364.022,347 1,575,987,753 1.626,963.410 413,532,129 6.186.427 398,441,057 1.705.606,185 1,712,378.989 451.729,794 6,472.958 431,049.658 1,834,134.263 1,802.278,886 486,694,673 6.704.621 456,615,917 1.940,335.498 1,877,584,520 520.831,361 6.921.634 476.756,619 2,033,129,835 1,949.053,715 537.349,998 7,004,142 482.432,544 2.067,055,292 1,981.306.388 474,640.499 6,197,469 426.731,175 1,827.864,105 1,750,305.483 405.779,481 5.316,291 365,654.600 1.565.707.744 1.495,126.573 337,320.492 4,445,224 305,036.874 1,305.545.457 1,240,606,975 262,540.804 3.498,519 238.904,045 1,021,712,899 961,011,018 190,653.157 2,593,987 175,435,879 749,237,625 691.258,590 151.821,899 2,112,309 141.341.541 602.771,662 546.256,544 121,078.041 1,735,305 114.455.221 487.203.861 431,409,913 120,423,657 1,737.230 114.215,228 486,154.530 430.661.589 121.674,219 1.763,643 115,677,222 492.450.953 437,263.788 122,746,479 1,788,534 117,000.012 498.177,063 443,326.047 123,643.722 1,811.991 118,187,229 503.349.668 448.868,218 124,333,358 1,833,665 119,210,873 507.48.812 453,770,400 124.793.206 1,853.339 120,052,169 511.593,785 457.950,118 124,9a4,622 1,870.599 120,677.825 514.440,766 461.261.357 124,911,069 1.885,550 121,091.669 516,405,794 463,717.669 124,531,016 1,897,752 121.257,842 517.333,001 465,160.543 123,815,172 1.906,919 121,151,257 517,112,384 465,476.797 122,714.038 1.912.525 120,728,983 515,555,882 464,474,648 116,006.381 1,851.952 115,391.158 492.695.887 442.143.337 (139.774) 483.938 13.646.435 50.921.271 (0) 1 409,111,807 796.204,806 289,588.895 470,008.759 7,620.410 605,875,349 2,578,410,0261 Contribution Pre-Tax Tax Fund Percent Return Rate 1A 0.33%

7.64%

20.00%

1B 2.95%

10.76%

2000%

2 7.31%

7.64%

0.00%

3 74.37%

6.08%

0.00%

4 0.34%

4,83%

0.00%

5 14.70%

10.76%

000%

Total 100.00%

7.02%

SEABROOK STATION DECOMMISSIONING COST PROJECTIONS Total of All Owners Year End Trustee Fixed Income Equity Legal/Admin AudiUConstt Expenses Taxes Tax 12/31 Fees iManagement IManagement lFees IExpenses Subtotal I Decommi Qualified INonQualified Subtotal aota 12131/90 12/31/91 12131192 12/31/93 12/31/94 12/31195 12/31/96 12/31197 12/31198 12/31199 12/31/00 12J31/01 12/31/02 12/31/03 12/31/04 12/31/05 12/31/06 12/31/07 12.131/08 12/31/09 12131/10 12/31/11 12131/12 12/31/14 12131/15 12/31/15 12/31/16 12/31/17 12/31/18 12/31/19 12131/20 12131/21 12/31/22 12131/23 12/31/24 12/31/25 12/31/26 12131127 12/31/28 12/31/29 12/31/30 12/31131 12/31/32 12/31/33 12/31/34 12/31/35 12/31/36 12131/37 12/31/38 12131/39 12/31/40 12/31141 12/31/42 12/31/43 12/31/44 12/31/45 12/31/46 0

0 0

0 0

100,007 135,568 149.170 164,050 180.322 198,106 214,423 232.183 251.507 272,525 295.383 320.241 347.254 376,584 408,423 442,983 480,494 521.207 565,393 613,349 665.395 717,242 768.654 811,134 848.252 861.822 766.146 661.283 557,218 443.685 334,695 276.109 229.882 229.462 231,980 239.667 249.254 259,224 269.593 280,376 291.591 303.255 315.385 328.001 341.121 0

0 0

0 0

210.233 238,768 258.152 279,177 301.823 323,357 343.693 365.746 389,699 415.457 443,147 473.835 508.046 545.122 584.987 627,834 673.869 723,313 776.401 833.383 895,212 960,375 1.028.340 1,089,191 1.143.593 1,166.657 1.049,398 919,093 788.443 644,073 504.058 428.877 369,268 370,111 374,898 379,422 383,688 387,627 391.190 394,293 396.938 399,033 400,509 401.251 390.035 0

0 0

0 0

105,825 197,597 221.315 247.513 276,647 307.513 340.100 375,675 414,428 457,007 503.786 553,776 606.788 664.435 727,570 796,719 872,461 955,427 1,046.314 1.145.885 1.253.949 1.356.265 1,452.721 1,525,500 1.580,888 1.589.487 1,397.172 1.189,072 984,560 764,190 554.770 442.075 353.588 350,707 353.219 355.248 356,811 357,829 358,249 357.977 357,034 355,320 352.767 349.257 330,891 0

0 0

0 0

65,797 68,428 71.166 74,012 76,973 80,052 83,254 86,584 90,047 93,649 97,395 101.291 105,342 109,556 113,938 118,496 123,236 128.165 133,292 138,623 144,168 149,935 155.933 162.170 168,657 175,403 182.419 189.716 197,304 205,197 213,404 221,941 230,818 240.051 249,653 259.639 270,025 280,826 292,059 303,741 315,891 328.526 341,667 355,334 369.548 0

0 0

0 0

65,797 68.428 71,166 74,012 76,973 80,052 83.254 86,584 90,047 93 649 97.395 101.291 105.342 109,556 113,938 118,496 123.236 128,165 133.292 138.623 144,168 149,935 155.933 162.170 168,657 175,403 182.419 189,716 197,304 205.197 213.404 221.941 230,818 240,051 249,653 259,639 270,025 280,826 292,059 303.741 315.891 328,526 341,667 355,334 369.548 0

0 0

0 0

547.658 708.789 770,968 838.764 912.737 989,080 1.064.724 1.146,771 1.235,727 1.332,287 1,437.106 1,550,434 1.672,772 1,805,253 1,948,856 2,104,527 2,273.295 2,456,277 2,654,692 2,869.864 3.102,892 3,333,752 3,561,579 3.750,165 3,910,046 3,968,773 3,577,553 3.148.880 2.724,830 2,262.341 1.820.333 1,590,943 1,414,374 1,430.382 1.459,404 1,493,615 1,529.803 1,566,331 1,603,150 1,640,129 1,677.346 1,714.661 1,751,996 1.789,177 1,801,142 0

0 0

0 0

0 0

0 0

0 0

0 0

0 0

0 0

0 0

0 0

0 0

0 0

0 0

18,788.083 26,365,945 68,164,554 325.896,839 337.619,160 323,945,709 335,340.812 311.486,243 176,356,471 139,616.882 22,760,229 15,571,646 16,434,061 17,249.588 18,155.191 19,108.339 20,166,629 21,167.382 22,278,669 23,448,300 24.746,952 45,444,137 452,684,124 0

0 0

0 0

1,853,076 3,042,612 3,274.012 3,523,189 3.791,538 4.081,075 4.391,844 4.726.747 5,087,688 5.476,722 5,896,078 6.348,216 6,835.709 7,361,357 7,928,183 8,539.466 9.198,750 9,909,865 10,676.948 11,504,470 12,397,296 11,875.072 11,151.122 10,124,971 8,903.506 7,395,447 6,525,692 5.574,171 4.630,810 3,602,666 2,615,942 2.084.394 1,664,416 1.658,148 1,678,501 1.696,456 1.712,331 1.725,807 1.736,586 1,744,134 1,748,504 1,749.112 1,745,540 1,737,078 1,650,151 0

0 0

0 0

1.853,076 3,042.612 3,274.012 3,523,189 3,791.538 4,081,075 4.391.844 4,726,747 5,087.688 5,476,722 5,896.078 6,348,216 6,835,709 7,361,357 7.928.183 8,539.466 9.198,750 9,909,865 10,676,948 11.504,470 12,397,296 11,875,072 11,151,122 10.124,971 8.903,506 7,395,447 6,525,692 5,574,171 4.630.810 3,602,666 2.615,942 2,084.394 1,664.416 1.658,148 1,678,501 1,696.456 1,712.331 1,725,807 1,736,586 1,744,134 1,748,504 1,749,112 1,745,540 1,737.078 1,650,151 0

0 0

0 0

2.400,734 3,751,402 4,044,980 4.361.953 4,704.275 5.070,155 5,456.569 5.873.518 6.323.415 6.809.009 7.333.185 7.898,650 8.508,481 9,166.610 9,877.039 10,643,994 11,472,045 12,366,142 13.331.639 14.374,334 15,500,188 15,208,824 33,500,784 40.241,080 80,978,107 337,261,058 347.722,405 332,668,759 342.696.451 317.351,251 180,792,746 143.292,219 25,839,019 18,660,177 19,571.965 20,439,659 21,397.326 22,400,478 23,506,364 24,556,845 25.704.519 26.912,072 28,244,488 48,970,393 456,135,417 1

17.549,595]

24.971,614]

29.496.3281 7,963.321 7.963.321 87.944.1801 2.782.795.9451 232.575,401 1 o0 232,575.401 3,103,315.526

AGGREGATED EXPENSES FOR SEABROOK STATION Year EndIJ Trustee Investment Decomnvssioning 12/31/00 12/31 Minimum 0.1% of MVA Management Legal/Admin AudiUConslt Preparation Decomm.

Struct.Dem.

dollars TOTAL FEES IFixed Incomel Equity to current year S 12/31/90 12/31191 12/31/92 12/31/93 12/31/94 12/31/95 12/31/96 12/31/97 12/31/98 12/31/99 12/31/00 12/31/01 12/31/02 12/31/03 12131104 12131/05 12/31/06 12/31/07 12131/08 12/31/09 12/31/10 12/31111 12131/12 12/31113 12131114 12/31115 12/31/16 12/31/17 12/31/18 12/31/19 12/31/20 12/31J21 12/31/22 12/31/23 12/31/24 12/31/25 12/31/26 12/31127 12131/28 12/31/29 12/31130 12/31131 12/31132 12/31/33 12/31/34 12/31/35 12/31/36 12/31137 12/31/38 12/31/39 12/31/40 12/3 1/41 12/31/42 12/31143 12131/44 12131/45 12/31/46 60.735 63,165 65,691 68.319 71,052 73,894 76,850 79,924 83,120 86,445 89,903 93,499 97,239 101,129 105.174 109.381 113.756 118.306 123,039 127,960 133.079 138.402 143.938 149,695 155,683 161,910 168,387 175,122 182,127 189.412 196.989 204.868 213.063 221,586 230.449 239.667 249,254 259.224 269,593 280.376 291.591 303,255 315,385 328.001 341,121 100,007 135.568 149,170 164.050 180,322 198,106 214,423 232,183 251,507 272,525 295,383 320,241 347.254 376,584 408.423 442.983 480,494 521.207 565,393 613.349 665.395 717.242 768,654 811,134 848,252 861,822 766.146 661,283 557,218 443,685 334.695 276,109 229,882 229.462 231.980 234.271 236,340 238,140 239.638 240.776 241,562 241,933 241,845 241,222 232.078 210,233 238.768 258,152 279.177 301,823 323,357 343.693 365.746 389,699 415.457 443,147 473,835 508,046 545,122 584,987 627,834 673.869 723,313 776,401 833,383 895.212 960.375 1.028,340 1,089,191 1,143.593 1,166,657 1,049,398 919.093 788,443 644.073 504,058 428,877 369.268 370,111 374,898 379,422 383,688 387.627 391.190 394,293 396,938 399.033 400.509 401,251 390,035 105,825 197,597 221,315 247,513 276,647 307,513 340,100 375.675 414,428 457,007 503,786 553,776 606.788 664.435 727,570 796,719 872,461 955,427 1,046.314 1,145,885 1.253.949 1,356.265 1.452.721 1,525,500 1.580.888 1.589,487 1.397,172 1.189.072 984,560 764,190 554,770 442,075 353.588 350,707 353.219 355,248 356,811 357.829 358,249 357,977 357,034 355,320 352,767 349,257 330.891 65,797 68,428 71,166 74.012 76,973 80.052 83.254 86.584 90.047 93.649 97,395 101,291 105,342 109,556 113.938 118,496 123.236 128,165 133,292 138,623 144.168 149.935 155.933 162.170 168.657 175.403 182,419 189.716 197,304 205,197 213,404 221,941 230,818 240.051 249.653 259,639 270.025 280.826 292.059 303.741 315,891 328.526 341.667 355,334 369,548 65.797 68,428 71.166 74.012 76.973 80.052 83,254 86,584 90.047 93,649 97,395 101.291 105,342 109,556 113,938 118,496 123,236 128,165 133,292 138,623 144,168 149.935 155,933 162,170 168.657 175,403 182,419 189.716 197,304 205.197 213,404 221,941 230,818 240,051 249,653 259.639 270,025 280,826 292,059 303,741 315,891 328,526 341.667 355,334 369,548 0

0 0

0 0

0 0

0 0

0 0

0 0

0 0

0 0

0 0

0 0

0 5.656,423 7,541,898 18,525,665 84,153.707 82.831,988 75,512,896 74,269,962 65.545,602 35.259,324 26,521,520 4,107.854 2,670,243 2.677,559 2,670,243 2,670,243 2,670.243 2,677,559 2,670.243 2,670,243 2.670.243 2.677,559 4,671,680 44.214,873 0

0 0

0 0

0 0

0 0

0 0

0 0

0 0

0 0

0 0

0 0

0 19.314,007 27,103,992 70,072,647 335.019,490 347,069,948 333.013,743 344,727,823 320,205,507 181.293,121 143,525,100 23.397,344 16,007,534 16.894.090 17.732,446 18,663.400 19,643,228 20.731,142 21,759,909 22,902,304 24,104,675 25.439,680 46.716,230 465.355,862 0

0 0

0 0

0 0

0 0

0 0

0 18,788,083 26,365,945 68,164,554 325,896,839 337.619,160 323,945,709 335,340,812 311,486,243 176.356,471 139,616.882 22,760.229 15,571.646 16,434,061 17.249.588 18.155.191 19,108,339 20,166,629 21,167,382 22,278,669 23,448,300 24,746.952 45.444,137 452.684.124 547,658 708,789 770,968 838,764 912,737 989.080 1,064.724 1,146.771 1,235,727 1,332.287 1,437.106 1,550,434 1,672.772 1,805,253 1,948.856 2,104.527 2.273,295 2.456.277 2.654.692 2.869.864 3.102.892 3,333.752 22,349.662 30,116.110 72,074,600 329,865.611 341,196,714 327,094.589 338,065,642 313,748.585 178.176.804 141,207,825 24,174.603 17,002.028 17.893,465 18.743,203 19,684,994 20,674.670 21.769.779 22.807,511 23.956,015 25,162,960 26,498,948 47,233,315 454.485.266

-I-

+

4----------+----------+ -

I-A



7 19/I 796 I 17 099 934 I 24 971 914 I 29499329 7 993 321 7 963 321 0 I 555537770 I 0

2860693224 I 2762195945 I 2810140125 Inflation Rates core 4.00%

Decorrm.ssioninj 5.25%

II.-

II.

I I

7 963 321I OI555.537.770 I 0

S2.860.693,224 2 62.95945 t2.870.740,125 7.350.758 I 17.059.934 1 4,971.614 1 9.496.328J 7.963.321

30 SEA3ROOK STATION DECOMMISSIONING COST PROJECTIONS Canal Electric Company Ownership:

3.52%

Share of Decorxn'issioning Cost:

As of 12/31/2000

$19,572,540 Year End Contributions'1

% In I Fees/Expenses 12131 Fund 1A Fund 1B Fund 2 Fund.3 Fund 4 Fund 5 Total Equ Fund 1A Fund 1B Fund 2 Fund 3 Fund 4 Fund 5 Total a

4 12/31/90 12/31/91 12/31/92 12/31/93 12/31/94 12/31/95 12/31196 12/31197 12/31198 12131199 12/31/00 12/31/01 12/31/02 12/31/03 12/31/04 12/31/05 12/31/06 12/31/07 12/31/08 12/31109 12/31/10 12/31111 12/31/12 12/31/13 12/31/14 12131/15 12/31/16 12131/17 12131/18 12/31/19 12/31/20 12131/21 12/31/22 12/31/23 12/31/24 12/31/25 12/31/26 12/31/27 12/31/28 12/31/29 12/31/30 12/31/31 12/31/32 12/31/33 12/31/34 12/31/35 12/31/36 12/31/37 12/31/38 12/31/39 12/31/40 12/31/41 12/31142 12/31/43 12/31/44 12/31/45 12/31/46 2.0%

15.6%

19.1%

31.3%

36.6%

39.2%

53.5%

51.7%

50.1%

48.8%

49.5%

51.3%

51.1%

50.9%

50.3%

50.7%

50.7%

50.7%

50.8%

50.8%

51.0%

51.1%

51.3%

51.5%

51.7%

52.0%

41.6%

31.1%

20.6%

10.2%

0.0%

0.0%

0.0%

0.0%

0.0%

0.0%

0.0%

0.0%

0.0%

0.0%

0.0%

0.0%

0.0%

0.0%

0.0%

0.0%

0.0%

0.0%

0.0%

0.0%

0.0%

0 4,248 0

4,303 0

4.568 0

4.867 0

5.202 0

6.240 0

7.535 0

8,165 0

8.858 0

9.622 0

10.465 0

11.391 0

12.411 0

13.536 0

14.778 0

16,149 0

17,662 0

19.332 0

21.175 0

23,211 0

25,456 0

27.644 0

188.654 0

254.809 0

608,318 0

2,770,978 0

2,863.678 0

2,742,498 0

2.831,163 0

2.623,787 0

1,487,279 0

1,176,519 0

200.467 0

140,530 0

147,660 0

154,400 0

161,858 0

169.663 0

178.283 0

186.373 0

195.311 0

204,659 0

214.984 0

382.937 0

3,683.251 87,005 147,555 158.725 170.731 183,645 197,420 212.041 227,787 244,738 262.991 282,649 303.807 326.596 351.152 377.616 406,138 436,883 470.027 505.761 544,291 585,830 574.617 1.218,053 1,453.955 2,887.388 11,914.022 12,278,773 11.744.032 12.092,828 11,194,742 6,378,391 5,054,268 913,729 660,685 692.840 723,408 757,120 792,409 831.287 867,996 908.457 950,801 997,494 1,727.392 16,071,571 i

0 365,424 0

10,468,639 0

728,692 11,562,755 57,524 24,990 59.243 81,392 62.381 87,789 65.729 94.737 69,297 102,281 73.060 110.429 77.156 119.374 81.498 129,065 86.102 139,565 90.984 150,941 96.160 163,267 101.643 176.618 107.454 191,082 113.614 206.753 120,143 223,732 127.062 242.128 134,395 262,059 142.164 283.653 150,397 307.048 159,121 332,394 168.361 359.851 166,286 345,811 280.326 509,767 321,369 550.347 573,521 907,370 2,180.200 3,263,183 2,282.253 3.309.413 2.221.841 3.118.056 2.325.786 3,155.862 2,194,855 2.872.96C 1.285,906 1,619,471 1,041,099 1.265,824 204.986 240.624 155.292 177,235 164,933 183.100 174.470 188,392 184,934 194.224 196,010 200,211 208,175 206,795 220,133 212,653 233,260 219,118 247,149 225.744 262.423 233.051 447,133 386,044 4,064.048 3,406,592 365,424 0

0 0

0 0

0 0

0 0

0 0

0 0

0 0

0 0

0 0

0 0

0 0

0 0

0 0

0 0

0 0

0 0

0 0

0 0

0 0

0 0

0 0

0 0

477.035 496,116 515.961 268,300 0

324,717 337.706 351.214 365,262 379.873 395,068 410.871 427.305 444,398 462.173 480.660 499,887 519.882 540,678 562,305 584,797 608,189 632,516 383,727 0

0 0

0 0

0 0

0 0

0 0

0 0

0 0

0 0

0 0

0 243 0

215 2.401 222 3,765 230 5.168 239 6.626 248 7,444 260 7,715 274 8,786 289 9.924 305 11,138 323 12.434 341 13.814 361 15.289 383 16.867 406 18.557 431 20,368 458 22,309 488 24,390 519 26,621 553 29.012 589 31,573 625 34.250 4,195 235.111 5.599 321,831 13,288 784,890 60.530 3.639,132 62,555 3,760,875 59,907 3,601,730 61,844 3.718,173 57.314 3,445,825 32.488 1.953,247 25,700 1.545,125 4.379 263,273 3,070 184.558 3.225 193.922 3,373 202.774 3,536 212.568 3,706 222,819 3.894 234,140 4.071 244,765 4,266 256.503 4,471 268,779 4.696 282.339 8.365 502,912 80.457 4,837,223 148,164 0

0 0

268,300 312,228 0

0 0

0 0

0 0

0 0

0 0

0 0

0 0

0 0

0 0

0 0

0 0

0 0

0 0

0 0

0 0

0 0

0 0

0 0

0 0

513,588 477.035 496,116 515,961 536,599 312,228 324,717 337,706 351.214 365,262 379,873 395,068 410,871 427,305 444.398 462.173 480,660 499,887 519.882 540,678 562.305 584,797 608.189 632,516 383.727 0

0 0

0 0

0 0

0 0

0 0

0 0

0 0

0 0

0 0

0 23,779.876 30,780,994 522,934 31,240,966 0

23,844,875 110,169,646

SEABROOK STATION DECOMMISSIONING COST PROJECTIONS Canal Electric Company Year End Annual Earnings Balances1 Target 12/31 Fund 1A Fund 1B Fund 2 Fund 3 Fund 4 Fund 5 Total Fund 1A Fund 1B Fund 2 Fund 3 Fund 4 Fund 5 Total Cost 12/31/90 12/31/91 12/31/92 12/31/93 12/31/94 12/31/95 12f31/96 12/31/97 12/31/98 12/31/99 12/31/00 12/31/01 12J31/02 12131/03 12/31/04 12/31/05 12/31/06 12/31/07 12/31/08 12/31/09 12/31/10 12131/11 12131/12 12/31/13 12/31/14 12/31/15 12/31/16 12131/17 12131/18 12131/19 12/31/20 12131/21 12/31/22 12/31/23 12/31/24 12/31/25 12/31/26 12/31/27 12131/28 12/31/29 12131/30 12/31/31 12/31/32 12/31/33 12131/34 12/31/35 12131/36 12/31/37 12/31138 12/31/39 12/31/40 12131/41 12/31/42 12/31/43 12/31/44 12/31145 12131146 143.029 165.400 182,719 201.871 238.442 294.869 341,533 377.435 417.129 461.015 509.537 563.184 622.498 688.079 760.589 840.759 929.400 1.027,408 1,135.771 1.255.585 1,235.112 1.183,544 1.093,316 965,655 800.551 753,643 653.757 550.122 441.883 331.821 250.605 198.924 177.049 177,475 179.075 180.418 181,481 182.227 182,610 182.609 182.195 181,318 179.922 173.863 78,003 502.788 859.787 956,113 1.060.854 1.181.342 1.311.783 1,440.824 1.574.554 1.719.754 1.877.403 2.048,565 2.234.397 2.436.157 2.655,216 2.893,063 3.151.319 3,431,750 3.736,279 4.066.998 4.426.190 4.438.881 4,386.634 4,246.667 4.018.870 3.687.094 3,509.748 3,058,647 2.585.843 2,091.667 1,582.910 1.194.821 952.419 840.511 844.712 855,453 865.127 873.636 880.777 886.332 890.157 892.114 891,931 889.311 866.224 447.755 1.464.239 1.778.900 2.109.875 2.558.625 2.629.036 2.943.406 3.201.861 3,386.606 3,583,676 3,792.535 4.013.866 4.248.392 4,496.920 4.760,173 5.039,017 5,334,373 5,647.213 5.978.565 6.329.526 6.701.250 7.094.963 7.511,959 7.953.612 8,421.374 8.916.785 9.441.476 9.997.174 10.586,209 11.222,896 11,791.037 12.361.190 12,717.160 11,451.900 9.985.268 8,468.568 6,729.345 4.991,579 4.053,616 3.295.161 3,336.599 3.432.188 3.525.188 3.615.509 3.701.994 3.783.723 3.859.215 3,928.206 3,989.000 4.040.169 4.079.617 3.932.548 63.344 0

0 168.183 214.562 383,629 661,584 859.554 3.430.775 3,713.865 4.020.651 4.353,100 4.713,344 5.103.735 5.526.674 5.984.874 6.481.275 7.019.059 7.601.675 8.232,864 8.916.676 9.657,495 10.460,074 11.329.558 12,271.524 13.292.012 14,397.569 15.595.282 16,710,184 17.750.637 18.499.806 19.044.925 19,034.228 16.605,986 14.012,981 11.491.011 8.808.390 6.286.399 4.928,605 3.868.039 3,808.066 3.810.231 3.806.484 3.797,126 3,781.333 3.758,634 3.728.062 3,690,044 3.643.536 3.587.981 3,522.246 3.296.365 (39.465) 38.493 0

51.099 0

55.979 0

61.058 0

59.204 0

66.680 0

71.735 0

76.962 859.070 82.618 1.401.425 88.699 1.995.052 95.237 2.643.815 102.264 3.074.773 109,820 3.254.032 117.939 3.779.224 126,664 4.348,656 136,040 4,965.482 146.116 5.633.065 156.944 6,354,986 168.579 7.135.065 181,082 7.977,369 194,519 8.886.227 208.957 9.866.248 224,472 10.922.341 241,145 12.059,729 259.060 13.283 976 278,312 14.601,002 299,000 16.017.107 319,552 17,498,316 339.730 19.041,913 355.632 20.440.841 369.052 21.798.735 373.251 22,440.462 329.185 19.791,092 280,911 16.888.798 233.020 14,009.545 180,829 10.871.698 130,763 7.861.655 103,749 6.237,528 82,394 4,953.650 81.882 4,922.897 82,689 4,971,417 83.376 5.012.675 83,944 5,046,845 84.373 5.072,616 84,647 5,089.117 84.742 5,094,799 84.659 5,089,855 84.373 5,072,629 83.863 5.041.976 83,097 4.995.928 78.530 4,721,351 (223)

(13.430) 0 37.294 233.553 402.684 839,076 1,073,626 1,252.526 1,539.470 1.700.567 1,878.718 2.075.722 2.577.262 3.178.119 3.512,117 3.881,387 4.289.659 4,741,051 5.240,123 5,791.916 6,402.003 7.076,546 7.822.357 8.646.967 9.558,706 10.566.782 11.681,377 12.913.751 14,123,408 15.279.307 16,183.969 16.894.815 17.087,048 15.069.713 12.859,793 10.667.417 8.278.137 5,986,172 4.749.498 3,771,904 3.748.486 3.785,432 3.816,847 3.842,865 3.862.489 3,875.053 3.879.380 3.875.615 3,862.499 3.839.158 3,804.096 3.53i.022 (10.226) 1.502.732 1.867.292 2.567,590 3.236.929 3.910.945 4,745.296 5,385.676 9.292.884 10.482.151 11.775.655 13.181.739 14.716.035 16.142.626 17.696.126 19.380.599 21,206.829 23.186.504 25.332.293 27,657,949 30.178.381 32,909,750 35,869.595 39.076,950 42,552,477 46,318,616 50.399.736 54.822.313 59.237.669 63,634.483 67.271.285 70,468.717 71.652.150 63,247.876 54.027.750 44,869.561 34.868.399 25.256.567 20.072.996 15.971,148 15,897.930 16.081.957 16.244.570 16.386.289 16.502.805 16.591.174 16.646,218 16.668.380 16.652.037 16.593,167 16.484.984 15.623.817 0

0 19.572.540 20.600,098 21,681,604 22.819.888 24,017,932 25.278.873 26.606.014 28,002.830 29,472.978 31.020,310 32,648.876 34.362,942 36.166.997 38,065,764 40.064,216 42.167.588 44,381,386 46.711.409 49.163,758 51.744.855 54.461.460 57.320.687 60.330.023 63.497.349 66.150.495 68.668.476 69.804.792 61,666.238 52,675.851 43.708.693 33.858.052 24.354.215 19.245.547 15.199,305 15,172.940 15.405,547 15.619.130 15.814.390 15,987,103 16,134,361 16.251.022 16.337.562 16.388.397 16.399.539 16.364.231 15,577.461 (0) 1 20.641.359 27.397.784 450,976 19,899.828 0

21,853,432 90.243,3791__

Contribution Pre-Tax Tax Fund Percent Return Rate 1A 0.00%

7.64%

20%

1B 0.00%

10.76%

20%

2 0.00%

7.64%

0%

3 0.00%

6.08%

0%

4 0.00%

4.83%

0%

5 100.00%

10.76%

0%

Total 100.00%

10!76%1 1

5.471 0

5,871 67.722 6.303 101.275 6,767 137.970 7.266 169.284 7,803 186.703 8.380 208.191 8.999 240.512 9.665 275,537 10,381 313.459 11.150 354.482 11.977 398.826 12.865 446.722 13.819 498,419 14.845 554.181 15.947 614,287 17.131 679.037 18.403 748.750 19.771 823.764 21,240 904.440 21.142 950.477 20.803 993.051 20.097 1.025.850 19.019 1.047.209 17.487 1.042,891 16.463 989.762 14.281 858.581 12,017 722.477 9.653 580.326 7.248 435,782 5.474 329.121 4.345 261.248 3.867 232,519 3.877 233.079 3.912 235.180 3.941 236.943 3.964 238,340 3.981 239.319 3.989 239.822 3.989 239.821 3.980 239.277 3.961 238,125 3.930 236.292 3.798 228.335 1.704 102.442 242.268 256.313 271.240 287.060 303.824 321.588 340,408 360,342 381,458 403.823 427,512 452,603 479,179 507.327 537,139 568,715 602,157 637.576 675.088 714.818 757,396 802.973 848,467 891,522 929.492 914.939 815,622 705,141 586.564 457.089 347.943 282.644 246.424 250,881 257.933 264.791 271,419 277,739 283,667 289.124 294,054 298.338 301,851 300,064 194.844 112.020 364.482 394.575 427.187 462,525 500.820 542.313 587.265 635,965 688.725 745.884 807.807 874.893 947.572 1.026,310 1.111.612 1,204.025 1.304.142 1.412.604 1.530.108 1.474.753 1.386.264 1,258.935 1.095.466 896,673 834.941 716.407 596.086 473.242 350.969 261.677 205.258 180.651 179.400 179.353 179.034 178.430 177.512 176.244 174.615 172,609 170.190 167.316 160.164 70.761

SEABROOK STATION DECOMMISSIONING COST PROJECTIONS Canal Electric Company Year End

[Trustee Fixed Income Equity Legal/Adrmn Aud t/Consli Expenses rDeco ecorm+ Expl Taxes Tax 12/31 Fees iManagement IManagement IFees

[Expenses Subtotal

[Subtotal Qualifieo NonQualified Subtotal

_ITot 12/31/90 12/31/91 12/31/92 12/31/93 12/31/94 12/31/95 12/31/96 12/31/97 12/31/98 12/31/99 12/31/00 12/31/01 12/31/02 12/31/03 12/31104 12/31/05 12/31/06 12/31107 12/31108 12/31/09 12/31110 12/31/11 12/31/12 12/31/13 12/31/14 12/31/15 12131/16 12/31/17 12/31118 12/31119 12/31/20 12/31/21 12/31/22 12/31/23 12/31/24 12/31/25 12/31126 12/31/27 12/31/28 12131/29 12/31/30 12/31131 12/31132 12131133 12/31/34 12/31135 12131136 12/31/37 12/31/38 12/31/39 12/31/40 12/31/41 12/31/42 12/31/43 12/31/44 12/31/45 12/31146 3,314 5,011 5,478 5.988 6.543 7,150 7.717 8.335 9.005 9,733 10.521 11,376 12.303 13.308 14.398 15.579 16,859 18.246 19.750 21,380 23.146 24.911 26,668 28.122 29.401 29.874 26,510 22,819 19.151 15.142 11,282 9.195 7.536 7,504 7.576 7,815 8.114 8.424 8.743 9.072 9.412 9,761 10,120 10.488 10,817 6,864 8.251 9.099 10,001 10.957 11.459 11,783 12,645 13,551 14,522 15,562 16.709 17,895 19,152 20,501 21,949 23.502 25.166 26.950 28,861 30,931 33,083 35,345 37,388 39,245 40,070 36.003 31.462 26.888 21.803 16.831 14.126 11,947 11,951 12,097 12,233 12,358 12,469 12,565 12.643 12,702 12,738 12.749 12,730 12,263 3,590 7.774 8,459 9,207 10,032 11,310 12.845 14.000 15,276 16,672 18.197 19.815 21.622 23.615 25.795 28.180 30.789 33,644 36.769 40,188 43.894 47,464 50.845 53,391 55.325 55,604 48.761 41,367 34,110 26.303 18,892 14.896 11,761 11.632 11.693 11.735 11.761 11,767 11,751 11,711 11,646 11,555 11,433 11,278 10.608 2,318 2,411 2.507 2,608 2,712 2.820 2,933 3.050 3.173 3,299 3.431 3,569 3.711 3,860 4,014 4.175 4,342 4,515 4,696 4,884 5,079 5,282 5,494 5,714 5,942 6.180 6,427 6.684 6,951 7,229 7,519 7,819 8.132 8.457 8,796 9,148 9.513 9.894 10.290 10.701 11,129 11,575 12.038 12,519 13.020 2,180 2,529 2,614 2,701 2,793 2,889 2,996 3,108 3,224 3,344 3.469 3,598 3.732 3.872 4,017 4.167 4,324 4,487 4.656 4.832 5,015 5,207 5,410 5.622 5,846 6.080 6.312 6.547 6.781 7.003 7.194 7.391 7.567 7.850 8.153 8.466 8,791 9,126 9,472 9.828 10,196 10,575 10.963 11.362 11,719 18,267 25,976 28,158 30,505 33.036 35,628 38,274 41,138 44,230 47.570 51.181 55,067 59,264 63,807 68.725 74,050 79,816 86.059 92,821 100,145 108,066 115.948 123,762 130.237 135.758 137,808 124,013 108,879 33,881 77,480 61.718 53.429 46,942 47.394 48.314 49,397 50.537 51.679 52,821 53,956 55.085 56.203 57.303 58,377 58.427 0

0 0

0 0

0 0

0 0

0 0

0 0

0 0

0 0

0 0

0 0

0 661.936 928,917 2.401.553 11.481.900 11,894,897 11.413.158 11,814.627 10,974,190 6.213.338 4.918.940 801.882 548,616 579,000 607,732 639.638 673,219 710.505 745,763 784,915 826,123 871,877 1,601.074 15.948.831 18.267 25.976 28.158 30.505 33.036 35,628 38,274 41.138 44.230 47.570 51,181 55,067 59.264 63.807 68.725 74.050 79.816 86.059 92,821 100,145 108.066 115,948 785.698 1,059,154 2,537,311 11,619.708 12,018.910 11.522.037 11,908.508 11,051,670 6,275.056 4,972,370 848.824 596.010 627.314 657.129 690.175 724,898 763.325 799.719 840.001 882.326 929.180 1.659,451 16,007,258 68,738 121.579 130.567 140.226 150.609 161,792 173.767 186,649 200,508 215.421 231.468 248,740 267.332 287.345 308,891 332.088 357.068 383.968 412.940 444,146 477.764 458,669 432.355 394.800 350,076 294.315 259.863 221.995 184.320 143,072 103.335 81,898 64.905 64,675 65,526 66.279 66.945 67.510 67,962 68,277 68.457 68,475 68,313 67,941 64.313 68.738 121.579 130.567 140.226 150.609 161.792 173.767 186,649 200.508 215,421 231.468 248.740 267.332 287.345 308.891 332.088 357.068 383,968 412,940 444,146 477,764 458.669 432,355 394,800 350.076 294.315 259.863 221.995 184.320 143,072 103,335 81.898 64.905 64,675 65.526 66,279 66,945 67.510 67,962 68,277 68,457 68.475 68,313 67,941 64.313 87,005 147.555 158,725 170.731 183,645 197,420 212,041 227,787 244,738 262.991 282.649 303.807 326.596 351,152 377,616 406.138 436,883 470.027 505.761 544.291 585.830 574.617 1.218.053 1,453.955 2.887.388 11.914.022 12.278,773 11.744,032 12.092,828 11.194,742 6,378.391 5,054.268 913,729 660,685 692.B40 723,408 757.120 792,409 831.287 867,996 908.457 950,801 997.494 1,727.392 16,071,571 i

i 603.5961 849.998 t 1,028,9691 280.561 t 268,0081 3.031,132 98,042.632 i 101,073,7641 9,095,882 1

9,095.882 I1110,169,646

SEABROOK STATION DECOMMISSIONING COST PROJECTIONS The Connecticut Light & Power Company Ownership:

4.06%

Share of Decormissioning Cost:

As of 12/31/2000

$22,554.000 Year End Contnbutions

% In Fees/Expenses 12/31 Fund 1A Fund 1B Fund 2 Fund 3 Fund 4 Fund 5 Total E,'u Fund 1A Fund 18 Fund 2 Fund 3 Fund 4 Fund 5 Total 12/31/90 12/31/91 12/31/92 12/31193 12/31/94 12/31/95 12/31/96 12/31197 12/31198 12/31/99 12/31100 12/31/01 12/31/02 12/31/03 12/31/04 12/31/05 12/31/06 12/31/07 12131108 12131/09 12/31/10 12131111 12/31/12 12/31/13 12/31/14 12/31/15 12/31/16 12/31/17 12/31/16 12/31119 12/31/20 12/31121 12/31/22 12/31/23 12/31/24 12/31/25 12/31126 12/31/27 12/31/28 12/31/29 12/31/30 12/31/31 12/31132 12/31/33 12/31/34 12/31/35 12/31/36 12/31137 12/31/38 12/31/39 12/31/40 12/31/41 12/31142 12/31/43 12/31/44 12131145 12/31146 14.9%

33.7%

47.6%

59.4%

59.8%

47.5%

58.5%

55.9%

53.7%

51.8%

50.1%

49.6%

51.3%

50.9%

50.5%

50.2%

50.0%

51.5%

51.3%

51.2%

51.1%

51.1%

51.0%

51.1%

51.1%

51.2%

40.8%

30.4%

20.1%

9.9%

0.0%

0.0%

00%

0.0%

0.0%

0.0%

0.0%

0.0%

0.0%

0.0%

0.0%

0.0%

0.0%

0.0%

0.0%

0.0%

0.0%

0.0%

0.0%

0.0%

0,0%

407 352 354 358 362 366 375 385 395 406 418 430 444 459 474 490 507 525 544 565 586 608 3,986 5,267 12,436 56,688 58,696 56.323 58,262 54,112 30,746 24,374 4.164 2,925 3,078 3,224 3.385 3,554 3,740 3,916 4,110 4,314 4,539 8.098 1,886 1,723 1.833 1,955 2,092 2,234 2,417 3,694 4,007 4.353 4.733 5.151 6.826 7.444 8.126 8,878 9,708 10.623 11.633 12,748 13,977 15.173 102,794 138.915 331,689 1,512,032 1.565.580 1.502.284 1.553.994 1.443,299 820.067 650.113 111.074 78.016 82.102 85.985 90.280 94.783 99.757 104,451 109,635 115,067 121.068 215.991 53,978 65,240 55,633 133.847 58,597 144,396 61,752 155.846 65,112 168,270 68.652 181.684 72,498 196,397 76.583 212.350 60,910 229.626 85.497 248.342 90.360 268,621 95.511 290,584 100.988 314.418 106.776 340,202 112.910 368.137 119.411 398,401 126.300 431.190 133,599 466.714 141.332 505,199 149,526 546.892 158,205 592,058 156.250 568.938 262.211 835,350 300.464 901,277 535.284 1,482,999 2.033.015 5,327.569 2.131.969 5,412,956 2.079.442 5.109.898 2.180,886 5,182.142 2,062,367 4.727.930 1,211.208 2,671.989 982,702 2.093,218 194,349 399,738 147,601 295,174 156.962 305.331 166,252 314.564 176.452 324.728 187,265 335,181 199,150 346,665 210.873 356,969 223,750 368.323 237,397 379,986 252,417 392,830 430.607 651.510 3,919,606 5,757,682 121,962 194.705 210,169 226.795 244,690 263.802 283.975 305.771 329.267 354.599 381,917 411,361 443.252 477,580 514.619 554.588 597,720 644.270 694.512 748,743 807,272 787.002 1.518,045 1.775,576 3.410.422 13.792,014 14.204.122 13.579.307 13,972,943 12.929.394 7.371,355 5.841.177 1.066.542 774,617 811.513 846.552 885.186 925,607 970,133 1.012,124 1.058.406 1.106.621 1.160.209 2.000,834 16,529,110 i

0 639.000 0

14.132.817 0

969,868 15.741.68524 30 639,000 0

0 0

0 0

0 0

0 0

0 0

0 0

0 0

0 0

0 0

0 0

0 0

0 0

0 0

0 0

0 0

0 0

0 0

0 0

0 0

0 0

0 0

0 208,123 644.297 670.069 696.872 724.747 420.709 0

455,039 473.240 492.170 511,857 0

553.624 575.769 598.800 622.752 647.662 673,568 700.511 728.531 757,673 787.980 819.499 852.279 517,049 0

0 0

0 0

0 0

0 0

0 0

0 0

0 0

0 0

0 0

0 81 369 72 3.077 74 4,914 77 6,808 80 8,774 83 10.783 87 12.201 92 12.667 97 14.232 102 15.899 1068 17,677 114 19,571 121 20,453 129 22,570 136 24.B36 145 27,262 154 29,661 164 32,646 174 35.629 186 38,827 198 42,248 210 45.823 1,396 312,308 1,865 427,788 4,426 1.043.588 20,176 4,842,535 20.890 5,014.032 20,045 4,.11,315 20,735 4,976,925 19.258 4,622,408 10,942 2,626,403 8,675 2.082.095 1,482 355,734 1,041 249.860 1.096 262.945 1,147 275,380 1.205 289,137 1,265 303,559 1,331 319,489 1,394 334,521 1.463 351,125 1.535 368,522 1,615 387,740 2,882 691,747 27,768 6,664,965 0

0 0

0 0

0 437,537 0

0 0

0 532,331 0

0 0

0 0

0 0

0 0

0 0

0 0

0 0

0 0

0 0

0 0

0 0

0 0

0 0

0 0

0 0

0 0

847.123 644.297 670.069 696,872 724.747 420,709 437.537 455,039 473,240 492,170 511,857 532,331 553,624 575,769 598.800 622.752 647.662 673,568 700,511 728,531 757,673 787.980 819,499 852.279 517,049 0

0 0

0 0

0 0

0 0

0 0

0 0

0 0

0 0

0 0

0 78.022 2,081.067 22,452,630 50,801.361 176,318 42.061,249 497.770 13,151.255 129 7140,55-21

SEABROOK STATION DECOMMISSIONING COST PROJECTIONS The Connecticut Light & Power Company Year End Annual Earnings BalancesI Target 12131 Fund lA Fund 1B Fund 2 Fund 3 Fund 4 Fund 5 Total Fund IA Fund IB Fund 2 Fund 3 Fund 4 Fund 5 Total CTrt 12/31/90 12/31/91 12/31/92 12131/93 12131194 12/31/95 12/31/96 12/31/97 12/31/98 12/31/99 12131/00 12/31101 12/31/02 12/31/03 12131/04 12t31/05 12/31/06 12131/07 12131/08 12/31/09 12131/10 12/31/11 12/31/12 12131/13 12/31114 12/31/15 12/31/16 12/31/17 12/31/18 12/31/19 12131/20 12131/21 12131/22 12131/23 12/31/24 12131/25 12131/26 12/31/27 12/31/28 12/31/29 12131130 12/31/31 12/31132 12/31/33 12J31/34 12/31/35 12/31/36 12/31/37 12/31/38 12/31/39 12/31/40 12131/41 12/31/42 12/31/43 12/31/44 12131/45 12131/46 1.839 13.463 1.973 88.279 2,118 133,414 2,274 182.780 2.442 236,694 2,623 284.628 2,816 313.080 3,025 346.210 3.249 394,698 3.489 447,167 3.748 503.896 4,025 547.813 4.324 597,969 4.645 667,396 4.989 742.286 5.360 823.016 5,758 909.990 6,186 1,003,634 6.645 1,104,405 7.139 1.212,788 7,106 1,274.736 6.992 1,332.040 6.756 1,376,321 6.394 1,405.342 5.880 1,400.023 5.542 1,330.080 4.816 1.155.902 4,061 974,745 3.271 785,058 2,465 591,719 1.870 448.822 1.490 357.745 1.330 319.283 1,334 320,273 1,347 323.335 1,358 325.930 1,367 328.015 1.373 329,519 1.376 330.360 1.377 330.494 1.374 329.868 1,368 328.389 1.358 325.951 1,313 315.065 590 141,652 5.850 60,342 6,114 66.642 6.393 73.621 6.684 81.338 6.990 89,872 7,310 99,309 7.645 134,847 7,997 170,999 8.364 188.983 8.749 208,866 9.152 230.850 9,573 285,698 10,015 342,526 10,477 378.612 10,961 418.510 11,467 462.625 11.997 511.400 12,552 565.330 13,132 624,958 13.740 690.888 14,376 679.626 15,042 651.253 15,651 601.645 16.182 531.465 16,523 440.707 15.570 415.304 13.531 360.918 11,411 304.354 9.190 245,126 6,927 184,758 5,254 140,140 4,188 111.702 3.738 99.693 3,749 100.002 3,785 100.958 3,815 101.768 3.840 102.419 3,857 102.889 3.867 103,151 3.869 103,193 3.862 102.998 3.844 102.536 3.816 101,775 3.688 98,376 1.658 44,229 599.915 1.003,625 1,119,718 1,245.785 1,382,615 1.520.199 1.670.685 1,833.234 2.000.282 2.181,100 2.376.797 2,601.743 2.844.839 3.097,185 3.370.387 3.666.153 3.986,332 4.332.926 4,708,106 5,114,224 5,114,453 5,041.172 4.869,633 4.600.441 4,213,249 4,003.337 3.486.727 2,946.819 2.383.139 1,804.591 1,365,746 1.090,628 965.157 969.037 980.103 989.902 998,315 1.005.118 1,010.061 1,012,987 1.013,736 1.012,004 1,007,455 979.326 496,532 1.318,862 c

1,752,186 333,408 1,812.848 992,437 1.933,898 1,771.214 1,868,713 2.483.652 2,137,914 2,807.280 3.009.057 2.396.084 3.182.762 5.645,068 3.368,015 6.110.951 3.564.337 6,615.808 3.772.373 7.162.882 3.992,807 7.755.684 4.226.396 8,398,087 4,473,828 9,094.057 4,735.911 9,848,044 5.013.514 10,664,893 5,307,551 11,549.845 5,618.991 12,508,576 5.948,863 13.547,243 6.298.235 14,672.469 6.668.275 15.891.507 7,060.201 17,212,175 7.475.303 18.642.946 7,914.949 20,192,997 8,380.586 21,872,273 8.873,747 23,691,546 9.396.057 25.662,487 9,949.708 27,497.182 10.548.154 29,209.394 11,083.437 30.445,808 11.621.041 31.347.'22 11,959.695 31,340.700 10.787.574 27,389.079 9.424.378 23.158.910 8,010,925 19.035,271 6.385,404 14.638.258 4,757.272 10,494,795 3.878.047 8,260.483 3.166,092 6,512.020 3.208.582 6,416.556 3.302.281 6,423.759 3,393.534 6.420,891 3,482.229 6.408,410 3.567.234 6,384,899 3.647.640 6.349.527 3.721.994 6.300.663 3.790.002 6,238,866 3.849.995 6.162.434 3,900,569 6,070,344 3.939.596 5,960,625 3.798.785 5,580.204 67.557 (57.454) 0 29.426 0

32,720 0

32.675 0

34,771 0

33.862 22,294 37.078 24,109 109,920 25,866 1,107,767 27,768 1,837.266 29,812 2.635,835 32,009 3,508,679 34.371 4,461,345 36.911 5.155,899 39.640 5,456.779 42.573 6,245,360 45.724 7.099,067 49.111 8,022,504 52,751 9.020,580 56.662 9.548,822 60.864 10.679.961 65.380 11.900.556 70,233 13.216,806 75.448 14.635,312 81.052 16.163,102 87.074 17.807.659 93.545 19,576,945 100,499 21.479.438 107.408 23,469.598 114.190 25.543.795 119,550 27,427,306 124.079 29,257,138 125,534 30,130,622 110,900 26,618.167 94,826 22,760,037 78,841 18,923.467 61.377 14,731.600 44,583 10,700,912 35.511 8.523.331 28,327 6,798.981 28.175 6.762,530 28,468 6.832.943 28.720 6,893,334 28,930 6.943.884 29,092 6.982,762 29,201 7,008.722 29,246 7,019,592 29,229 7,015,566 29,141 6,994,309 28.973 6,954,176 28,716 6.892,387 27,147 6,515,706 (32)

(7.607) 327,630 112,082 109,640 112,581 115,460 119,624 121,286 126,729 132.491 138.529 144,856 151.484 158.428 165.698 173.310 181,279 189.622 198.356 207.499 217,070 227.088 237,574 248,551 260,041 272,067 284,655 297.830 311.620 326.054 337,719 348,633 352.720 311,602 266.437 221.525 172,453 125,269 99.777 79,591 79,165 79,989 80,696 81.288 81.743 82.047 82.174 82.127 81.878 81,408 80,685 76,275 (89) 0 0

0 119.013 465,555 642.633 561,810 620.266 685,184 756.972 836.355 924.136 1.021.211 1.591.178 1,758.483 1,943,459 2.147.973 2,374.090 3.186.968 3,522.668 3,893,835 4,304,219 4.757.966 5,259,658 5.814.364 6.427.689 7,105.829 7.771.478 8.407.558 8,906.409 9.298.959 9.407,976 8.311.248 7,106,587 5.908.658 4.599.790 3,3'1,249 2,661,322 2,122.912 2.111.530 2.133.516 2,152,372 2,168.156 2,180,296 2.188,401 2.191.795 2,190.538 2.183.901 2,171,370 2,152,077 2,034.462 (2.375) 1.675.918 2.230.396 2.947,600 3.971.477 4,967,242 5,766,823 6.222,265 10,708,457 12,161,674 13.741.293 15,457,154 17.319,826 18.996.932 20.821,180 22,803,681 24,947.936 27.266.606 29,773.343 32,496,056 35.451,267 38.646,642 42.101.209 45.835.526 49,871.800 54.234,023 58.948.128 64.042.140 69.106.994 74.149.143 78.320.229 81,997.372 83,317.248 73.528.571 62.811.175 52,178.687 40,588,882 29.464.080 23.458,471 18.707,922 18.606,537 18.800.957 18.969.547 19.112.897 19.226.026 19.305.537 19,345,465 19.346,328 19,301.657 19.206,840 19.054.086 18,032,579 (o) 0 22.554,000 23,738.085 24.984.335 26.296.012 27.676,553 29,129,572 30,658,874 32.268,465 33.962.560 35.745.594 37.622.238 39,597.405 41.676.269 43.864.273 46.167,148 48.590.923 51.141,946 53.826,898 56.652.811 59.627.083 62.757,505 66.052.274 69,520.018 73.169.819 76.227.115 79,128.657 80,438,067 71.059,777 60.699.896 50.366.782 39,015.606 28.064.062 22.177.196 17,514.595 17,484.215 17.752.254 17.998,373 18.223.376 18.422.398 18,592,088 18,726,519 18.826.242 18,884,820 18,897.660 18.856.974 17,950.356 0

1 19,511.130 45.324.336 152.177 27.034.276 376.395 11,617.203 104.015,517 i_____

Contribution Pre-Tax Tax Fund Percent Return Rate IA 0.00%

7.64%

20%

1B 0.00%

10.76%

20%

2 0.00%

7.64%

0%

3 0.00%

6.08%

0%

4 0.00%

4.83%

0%

5 100.00%

10.76%

0%

Total 1

100.00%

1076%

227,683 290.737 240,887 599.730 254.919 649.254 269.789 702.920 285.545 761.072 302.241 824,088 319,930 892.366 338.667 966,337 358,513 1.046.475 379,534 1,133.294 401,800 1,227.352 425.383 1,329.251 450.361 1.439.644 476.816 1.559.239 504.836 1,688,805 534.513 1.829.172 565,945 1.981,242 599,236 2.145.990 634,494 2.324.472 S71,836 2.517.833 711.856 2.426,753 754,695 2.281,150 797.495 2,071,764 838,067 1.802.992 873,938 1,476.177 860.894 1.375.948 768.772 1.182.787 665.989 986,260 555.365 785.128 434,254 584,467 331,983 437.678 270.748 344.755 236,839 304.274 241,300 302,378 248,216 302,462 254.946 302.084 261,457 301.216 267.671 299.809 273.505 297.801 278.881 295,172 283.742 291,891 287,971 287,895 291.444 283.111 289.796 271,088 188.378 120.024

SEABROOK STATION DECOMMISSIONING COST PROJECTIONS The Connecticut Light & Power Company Year End Trustee Fixed Income Equity Legal/Admin Audit/Consll Expenses Taxes Tax 12131 Fees 4Management IManagemenI Fees txpenses Subtota lDecumm Qualitied NonQuali ied Subtotal Tota 12/31/90 12/31/91 12131/92 12/31/93 12/31/94 12/31/95 12/31/96 12/31/97 12/31/98 12/31/99 12/31/00 12/31/01 12/31/02 12131103 12/31/04 12/31/05 12/31106 12/31/07 12131108 12/31/09 12/31/10 12/31/11 12/31/12 12/31/13 12/31/14 12/31/15 12131/16 12131/17 12/31/18 12/31/19 12/31/20 12/31/21 12/31/22 12/31/23 12/31/24 12131/25 12/31/26 12131/27 12/31/28 12131/29 12/31/30 12/31131 12/31/32 12/31/33 12/31134 12/31135 12/31136 12/31/37 12131138 12/31/39 12131/40 12/31/41 12/31/42 12131143 12131/44 12131145 12/31/46 3,829 5,774 6.356 6.987 7.672 8,415 9,081 9.807 10,596 11.450 12.373 13.371 14.455 15,633 16,908 18.285 19.775 21.385 23,125 25.006 27.039 29.061 31,075 32.741 34.211 34.738 30.819 26,529 22,270 17,626 13,162 10,746 8.827 8.782 8,857 9.126 9.465 9,814 10,173 10,544 10.924 11.314 11.714 12,122 12.485 6,845 8.481 9,634 10,838 12.101 13,333 14,357 14.804 15,948 17.171 18.480 19.920 20.689 22,240 23.905 25.690 27.604 29,656 31,855 34,211 36.762 39,412 42,190 44,708 46.999 48,007 43.137 37,708 32.244 26,179 20.258 17.037 14,445 14.439 14,602 14.751 14.887 15,005 15,104 15,180 15.233 15,258 15.251 15.208 14,630 5.028 9,800 10,618 11,507 12,482 13.465 14,610 16,550 17.971 19,516 21.195 22.964 25.799 28.050 30,499 33.165 36.067 39,227 42.668 46.414 50,452 54,292 57,907 60.578 62.570 62.727 54,956 46.590 38,398 29.615 21.299 16.813 13.292 13,128 13.173 13.197 13.203 13.185 13.143 13.073 12,976 12.848 12,687 12.486 11,722 2,671 2.778 2,889 3.005 3,125 3,250 3.380 3,515 3.656 3.802 3.954 4,112 4,277 4,448 4.626 4.811 5.003 5,203 5,411 5.628 5,853 6,087 6.331 6.584 6.847 7.121 7.406 7,702 8.010 8,331 8.664 9.010 9.371 9.746 10.136 10,541 10.963 11.401 11.857 12.331 12,825 13.338 13,871 14,426 15.003 2,519 2,915 3.032 3,152 3.275 3,400 3.526 3.657 3,794 3,934 4.080 4.229 4,365 4.548 4,717 4.891 5.072 5.259 5.452 5,652 5.858 6.075 6,304 6,546 6,802 7,070 7,338 7,611 7,886 8,152 8.392 8,637 8.863 9,187 9,531 9,887 10.253 10,631 11,021 11,422 11.834 12.257 12,690 13.133 13,525 20.892 29.747 32.530 35.490 38.655 41,863 44.953 48,333 51,964 55.873 60,082 64.596 69.606 74.919 80.654 86,842 93,521 100.730 1068,511 116.911 125.965 134,927 143,806 151,156 157,429 159.663 143.657 126,139 108.808 89,902 71.775 62,243 54.798 55,283 56.299 57,502 58,770 60,037 61.299 62,551 63.792 65.015 66,214 67.378 67,365 0

0 0

0 0

0 0

0 0

0 0

0 0

0 0

0 0

0 0

0 0

0 762.766 1,070,418 2.767,379 13,230,923 13.706.831 13,151.710 13,614.334 12.645.874 7,159,808 5.668,236 924.031 632,185 667.196 700.307 737,074 775.770 818,735 859.364 904.481 951,966 1,004,689 1,844.964 18.376.296 20.892 29,747 32,530 35.490 38.655 41.663 44.953 48,333 51,964 55.673 60,082 64.596 69.606 74.919 80,654 86.842 93,521 100,730 108.511 116,911 125,965 134,927 906.574 1.221,574 2.924.808 13,390.586 13,850.489 13,277,849 13.723.142 12.735,776 7,231.583 5,730,479 978,629 687.468 723.497 757,810 795.843 635,806 880,034 921,915 968,273 1.016.981 1.070,903 1.912.342 18,445,661 101,070 164,958 177,639 191,305 206.035 221,939 239.022 257,438 277,302 298,726 321,835 346,766 373.646 402,660 433,966 467,746 504,199 543.541 586.001 631,833 681,307 652.075 611,471 554.002 485.615 401.428 353,634 301.458 249.801 193.617 139,772 110.698 87,712 87,149 88,016 88.742 89.343 89,800 90.099 90,209 90,133 89.840 89,305 88,492 83,449 101,070 164.958 177,639 191.305 206,035 221,939 239,022 257.438 277.302 298,726 321,835 346.766 373,646 402,660 433,966 467,746 504.199 543,541 586.001 631.833 681,307 652.075 611,471 554.002 485,615 401,428 353.634 301.458 249.801 193,617 139.772 110.698 87,712 87,149 88.016 88.742 89.343 89.800 90.099 90,209 90.133 89.840 89.305 88.492 83,449 121,962 194.705 210,169 226,795 244,690 263,802 283,975 305,771 329,267 354,599 381,917 411.361 443.252 477.580 514,619 554,588 597,720 644,270 694.512 748,743 807,272 787.002 1.518.045 1,775,576 3.410,422 13.792,014 14.204.122 13.579.307 13,972,943 12,929.394 7,371,355 5,841.177 1.066,542 774.617 811,513 846.552 885,186 925,607 970.133 1.012,124 1,058.406 1,106.821 1.160,209 2.000,834 18,529.110 1

704.444 [ 1.006.3991 1.181,908 1j 323.299]

312.396 1 3.528,446]

112.977.341 1 116.505.787 i12,634,7951 01 12,634,795 129.140,582 I

I I

III I

I I

I I

I I

SEABROOK STATION DECOMMISSIONING COST PROJECTIONS Greal Bay Power Co Year End Annual Earnings Balances Target 123 Fn 1 ud B Fud2 Fund 3 Fund 4 Fund 5

-Tol'al r

Fun 1A Fund 113 un Fund 3 Fund 4 Fund 5Toa Cost 12131/90 12/31/91 12/31/92 12/31/93 12131/94 12/31/95 12131196 12/31/97 12/31/98 12/31/99 12131/00 12/31/01 12131/02 12/31/03 12/31/04 12/31/05 12/31/06 12/31/07 12/3110B 12131/09 12131/10 12/31/11 12131/12 12131/13 12/31/14 12/31/15 12131/16 12/31/17 12/31/18 12131/19 12/31/20 12/31/21 12131/22 12/31/23 12/31/24 12/31/25 12/31/26 12/31/27 12/31128 12/31/29 12/31130 12/31131 12/31/32 12/31/33 12/31/34 12/31/35 12131/36 12/31/37 12131/38 12/31/39 12/31/40 12/31/41 12t31/42 12/31/43 12/31/44 12/31/45 12/31/46 0

526,639 0

737.111 0

978,127 0

1.251,052 0

1.559,533 0

1.865.536 0

2.172.655 0

2.516.603 0

2.901,453 0

3.331,709 0

3,812,362 0

4.275.495 0

4.725.713 0

5,223.499 0

5.773.882 0

6.382,420 0

7.055.260 0

7.799.198 0

8.621,748 0

9,531,220 0

9.375,778 0

8,984,287 0

8.299,390 0

7.330.601 0

6,078,220 0

5.726.587 0

4.975.150 0

4,194,590 0

3.378,218 0

2.546.917 0

1,932.998 0

1,542,072 0

1.377.196 0

1,381,740 0

1.395.193 0

1,406.648 0

1,415,917 0

1,422.688 0

1,426,600 0

1,427,461 0

1,425,025 0

1.418,882 0

1,408,561 0

1.361,753 0

613,130 1,620,915 2.134,751 2,474.884 2,854.230 3,276.947 3,705,560 4,144,244 4,629,336 5,165,601 5,758,293 6.413.200 7.105.045 7.837.753 8.640,621 9.520.343 10.484.263 11,540.441 12.697.720 13.965,810 15,355.367 15.308.721 14.972,142 14.251.120 13,150,013 11,615,449 10.969,343 9,529.957 8,034,785 6,471,015 4.878,649 3.702,679 2.953.857 2.638.035 2.646,738 2.672.508 2,694,450 2,712,206 2.725.176 2,732.668 2.734,318 2.729.652 2.717,885 2,698,114 2.608,453 1.174,457 5.018.062 6.310,846 7.468.719 9.198.630 10,179.514 12,895,720 14,349.570 15.394.209 16,522.780 17.736.943 19,042.782 20.446.902 21,956.677 23.579.272 25.323,050 27.197,009 29.210.810 31.374,838 33,700.278 36.199.257 38,884,704 41,770,508 44,871.596 48,204,008 51.784,979 55,633.029 59,768.060 63.876.164 67.909,220 71.088.550 73,776.045 74,633.572 65.910.201 56,341,819 46.838.336 36.465.718 26.501,104 21.122.949 16.867.100 16.780,591 16,958,143 17.111.078 17.239.789 17,339,682 17.407.595 17,438.059 17,431.432 17,381,806 17,284,947 17,133,780 16,200,616 0

0 0

0 0

0 0

3,680,063 3,892.535 4,117,941 4,366.966 4,610,351 4,878,946 5,163,485 5,464.895 5,784,160 6,122,323 6,480,469 8,181,355 10,035.558 12,053,353 14,246,934 16,628,980 19,213.010 22.013.431 25,045.596 28,325,865 31,798,628 35,460.612 38.927.991 42.384,599 44.152.859 38,992.154 33,331.546 27,709,332 21,572,942 15.677,925 12,496.234 9,978.494 9.927,316 10.032.355 10.122,830 10,198,975 10.258,072 10,298,249 10,316,271 10,312.351 10,282,992 10.225.691 10,136,261 9.584.205 1,094,276 0

1.174,249 223,391 1,260,447 236,310 1.353.166 250,012 1,452.874 264,539 1.560.085 279.939 1,675.332 296,257 1.799,189 313,544 1,932,294 331,855 2.075.334 351,250 2.229,046 371.793 2.394.223 435,326 2.571.725 540,315 2.762.472 654,650 2.967,451 779,010 3,187.722 914,121 3,424,425 1,060.756 3.678.784 1,219,739 3,952.114 1.391,947 4,245,830 1,578.318 4.226,144 1.706.800 4,158,303 1,829.551 4.017.337 1,934.393 3.801,935 2.017,477 3,496.291 2.040,938 3.294,026 1.948,730 2,861,787 1,693.019 2,412,796 1,427,399 1,943,206 1,149.591 1.465,028 866.704 1.111,892 657.790 887.025 524,760 792,186 468.653 794,799 470,199 802.538 474,777 809.127 478.676 814,459 481.830 818.354 484.134 820,603 485,465 821.099 485.758 819.698 484.929 816.164 482.839 810,227 479.326 7B3.302 463,398 352,682 208.645 0

0 0

235,727 0

611,346 0

1.170,925 0

1,889.176 0

2.122.705 0

4,159,228 0

6.064,649 0

8.275,520 0

10.781,891 0

13.617,656 0

16,820,347 0

19,656.136 0

22.833.684 0

26.390.819 0

30,369.433 0

34,815,908 0

39.781.591 0

43.969,872 0

48.600.672 0

53,720,758 0

59,381.842 0

65.641,102 0

72,561.759 0

80.213,719 0

88,674,274 0

98.028.890 0

107.211.064 0

115,985.133 0

122,853,253 0

128,257.911 0

129.748,702 0

114.583.327 0

97.948.921 0

81.427,341 0

63.394,790 0

46.071.544 0

36,721,749 0

29.323,054 0

29,172,661 0

29,481,331 0

29.747,205 0

29.970,965 0

30,144,628 0

30,262.692 0

30,315.653 0

30.304.133 0

30,217,859 0

30.049.472 0

29.786.672 0

28.164.388 0

0 5.018.062 6,546,573 8.080.065 10.369,555 12,068,690 15.018.425 18.508.798 25.138,922 28.690.835 32,636.775 37.017,404 41,877,600 46,491.759 51.576,441 57.178.763 63.350.602 70,149.041 77.636,918 85,851,804 94.835,487 104.658.815 115.399,284 127.141.678 139.978,777 154.012,128 169,352,899 186.122.815 202.885.857 219.354,965 232.869.794 244,418,555 248.535.132 219.485.682 187.622.286 155,975,010 121.433,450 88.250,573 70.340,932 56.168,648 55,880.569 56.471.829 56,981,113 57.409,729 57.742.383 57,968.536 58,069,983 58.047.915 57.882,658 57,560.109 57.056.713 53,949,209 (0) 0 67,400.064 70,938.568 74.662.843 78.582,642 82.708,231 87.050,413 91,620.559 96.430.639 101,493,247 106,821,643 112.429.779 118,332,342 124.544,790 131.083,392 137.965.270 145,208,446 152,831,890 160.855,564 169.300.481 178,188,757 187.543,666 197.389.709 207,752.668 218,659,684 227.796.064 236.466,993 240,380.016 212,354.062 181.394.736 150,515,401 116,593,701 83,866.257 66.274.029 52.340,376 52.249,587 53.050,592 53.786.089 54,458,488 55,053,240 55,560.340 55,962.073 56,260.083 56,435.138 56,473.507 56.351.922 53,642,598 0

i 0

0 90.522,044 35,238.857 0 162.886,814 288,647,716

___i Contribution Pre-Tax Tax Fund Percent Return Rate 1A 0.00%

7.64%

20%

1B 0.00%

10.76%

20.00%

2 0.00%

7.64%

0.00%

3 0.00%

6.08%

0.00%

4 0.00%

4.83%

0.00%

5 100.00%

10.76%

0.00%

Total 100.00%

10.76%1 (0) 0

SEABROOK STATION DECOMMISSIONING COST PROJECTIONS Great Bay Power Co Ownership:

12.13%

Share of Decommissioning Cosl:

As of 12/3112000

$67.400,064 Year End Contributions"'

% In FIFees/Expenses 12/31 Fund 1A Fund 18 Fund 2 Fund 3 Fund 4 Fund 5 Total BEu Fund iA Fund 1B Fund 2 Fund 3 Fund 4 Fund 5 Total 12/31/90 12/31/91 12/31/92 12/31/93 12/31/94 12/31/95 12/31196 3.6%

12/31/97 7.6%

12/31/98 11.3%

12/31/99 15.7%

12/31/00 14.1%

12131101 22.5%

12/31/02 0

0 0

0 0

1,393,170 1.393.170 24.1%

0 0

49,637 0

0 14.387 64,024 12131/03 0

0 0

0 0

1,491,755 1.491.755 28.8%

0 0

45.678 10,920 0

17,995 74,593 12131104 0

0 0

0 0

1.551.425 1.551.425 33.0%

0 0

46.284 10,904 0

23,181 80,369 12131105 0

0 0

0 0

1,613,482 1,613,482 36.8%

0 0

47,327 10,988 0

28,769 87,084 12131/06 0

0 0

0 0

1.678,021 1,678.021 40.2%

0 0

48,753 11.155 0

34.864 94.772 12/31/07 0

0 0

0 0

1,011.640 1,011,640 42.3%

0 0

50,310 11,344 0

41,387 103,041 12/31/08 0

0 0

0 0

1,052,105 1.052.105 44.3%

0 0

52,737 11.719 0

47,212 111.667 12/31109 0

0 0

0 0

1,094,190 1.094,190 46.2%

0 0

55.411 12.134 0

53.659 121.204 12/31/10 0

0 0

0 0

1,137,957 1.137.957 47.9%

0 0

58,335 12.589 0

60,795 131,719 12/31/11 0

0 0

0 0

1.183,475 1.183.475 49.6%

0 0

61,532 13,087 0

68.710 143.329 12/31/12 0

0 0

0 0

1.230,814 1.230.814 51.2%

0 0

65,017 13,627 0

77.493 156.137 12/31/13 0

0 0

1,280,047 0

0 1.280.047 51.2%

0 0

68,784 14.207 0

87,214 170.205 12131/14 0

0 0

1,331,249 0

0 1.331.249 51.2%

0 0

72,745 17.661 0

94.913 185.319 12/31115 0

0 0

1,384,499 0

0 1,384,499 51.3%

0 0

77.025 21,354 0

103,413 201,791 12/31/16 0

0 0

1,439.879 0

0 1,439,879 51.5%

0 0

81.646 25,309 0

112,798 219.753 12/31/17 0

0 0

1.497,474 0

0 1,497,474 51t6%

0 0

86,634 29,549 0

123,160 239,343 12131118 0

0 0

1,557.373 0

0 1,557,373 51t8%

0 0

92,013 34.099 0

134,603 260.715 12131119 0

0 0

1,619.668 0

0 1,619.668 52.1%

0 0

97.813 38.986 0

147,238 284,037 12/31/20 0

0 0

1,684,454 0

0 1,684,454 52.4%

0 0

104,064 44,237 0

161.192 309,493 12/31/21 0

0 0

1.751,833 0

0 1,751.833 52.7%

0 0

110,799 49.881 0

176,604 337,284 12/31/22 0

0 0

1,821,906 0

0 1.821,906 42.3%

0 0

118,040 55,943 0

193,604 367,586 12/31/23 0

0 0

1.894,782 0

0 1.894,782 31.7%

0 0

125.247 62.350 0

210,218 397,816 12/31/24 0

0 0

1,970,573 0

0 1.970,573 21.1%

0 0

838,008 437,588 0

1.431.270 2,706,865 12/31/25 0

0 0

2,049.396 0

0 2.049,396 10.5%

U 0

1,114,439 610,265 0

1,925.943 3,650,648 12/31/26 0

0 0

1,243.301 0

0 1.243,301 0.0%

0 0

2,638,764 1,515,979 0

4.587.429 8,742,173 12/31/27 0

0 0

0 0

0 0

0.0%

0 0

12,017,398 7.109.434 0

20,891.962 40,018,794 12/31/28 0

0 0

0 0

0 0

0.0%

0 0

12,430,169 7,353,628 0

21,609,556 41.393,352 12/31/29 0

0 0

0 0

0 0

0.0%

0 0

11,916,279 7.049,613 0

20.716,169 39,682.060 12/31/30 0

0 0

0 0

0 0

0.0%

u 0

12,315,824 7,285,982 0

21.410,770 41,012.576 12/31/31 0

0 0

0 0

0 0

0.0%

0 0

11.429,642 6,761.721 0

19.870,163 38,061,526 12/31/32 0

0 0

0 0

0 0

0.0%

0 0

6,490,047 3.839.480 0

11,282.793 21.612.320 12/31/33 0

0 0

0 0

0 0

0.0%

0 0

5.142,875 3,042.500 0

8.940,766 17.126.141 12/31/34 0

0 0

0 0

0 0

0.0%

0 0

878,694 519,831 0

1,527,589 2,926,115 12/31/35 0

0 0

0 0

0 0

0.0%

0 0

617.247 365.161 0

1.073.070 2,055.478 12/31/36 0

0 0

0 0

0 0

0.0%

0 0

649,603 384.302 0

1,129,319 2.163,224 12/31/37 0

0 0

0 0

0 0

0.0%

0 0

680,416 402,531 0

1.182,887 2,265,834 12131138 0

0 0

0 0

0 0

0.0%

0 0

714,565 422,733 0

1.242,254 2,379,552 12131/39 0

0 0

0 0

0 0

0.0%

0 0

750,441 443,957 0

1,304,624 2,499,023 12/31/40 0

0 0

0 0

0 0

0.0%

0 0

790,139 467.443 0

1,373,639 2,631,221 12131/41 0

0 0

0 0

0 0

00%

0 0

827,726 489,678 0

1,438,981 2,756,386 12131/42 0

0 0

0 0

0 0

0.0%

0 0

869,324 514,288 0

1,511,299 2.894,910 12/31/43 0

0 0

0 0

0 0

0.0%

0 0

913,024 540.140 0

1.587,270 3,040,434 12/31144 0

0 0

0 0

0 0

0.0%

0 0

961,394 568,756 0

1,671,361 3,201.511 12/31/45 0

0 0

0 0

0 0

0.0%

0 0

1,716,467 1,015,454 0

2.984,037 5,715.958 12/31/46 0

0 0

0 0

0 0

0.0%

0 0

16,553,298 9,792,851 0

28.777,517 55.123,665 i

0 0

0 22,526,434 0

14,438.035 36.964.469 0

0 104.871.614 61,445.354 0

181.484,078 347,801,046

SEABROOK STATION DECOMMISSIONING COST PROJECTIONS Great Bay Power Co Year End ITruslee Fixed Income Equity Legal/Admin Audit/Consit Expenses Taxes Tax 12131 Fees Management !Management !Fees i1xoenses Sublolal Decorm

,Qualified INoneQualified Subtotal/

Total 12/31190 12/31/91 12/31/92 12/31193 12/31194 12/31/95 12/31/96 12/31/97 12/31/98 12/31/99 12/31/00 12/31/01 12/31/02 12131/03 12/31/04 12/31105 12/31/06 12/31/07 12131/08 12/31/09 12131/10 12/31/11 12/31/12 12/31/13 12/31/14 12131115 12/31/16 12/31/17 12/31118 12/31/19 12/31120 12/31121 12/31/22 12/31123 12/31/24 12/31/25 12/31/26 12/31/27 12/31/28 12/31/29 12/31/30 12131131 12/31/32 12/31/33 12131134 12/31/35 12/31/36 12/31/37 12/31/38 12/31/39 12/31/40 12/31/41 12131142 12/31/43 12/31/44 12/31/45 12/31/46 11,390 13,555 14.995 16,595 18,373 20.346 22.224 24.293 26,569 29.074 31.831 34.865 38.190 41,821 45.787 50,120 54,852 60,022 65,670 71,841 78,583 85,318 91.928 97.348 101.975 103,622 91.997 79,243 66.571 52,733 39.423 32,221 26,503 26,375 26.602 27.413 28,429 29.474 30,547 31.649 32.777 33.930 35,106 36.300 37,352 30.088 36,407 36,657 37.194 37,968 38.667 40.226 41.981 43,851 45,895 48,122 50,641 54.974 59,589 64.559 69,910 75,672 81.875 88.553 95.740 103,554 111,434 119.380 126,222 132.027 133.961 119,625 103.897 88.258 71,164 54,676 45,687 38.497 38,265 38.475 38.643 38,768 38.844 38,865 38.821 38.712 38,529 38,264 37,905 36,210 7.070 9.486 12.930 16,828 21.249 26,094 30,487 35,367 40.862 47,007 53.872 61,383 67,789 74,923 82,810 91,530 101,171 111.831 123,617 136.648 150,932 165,038 178,545 189,117 197,437 199,732 176.387 150,780 125.347 97,588 70.921 56.529 45,139 44,908 45.383 45.792 46,137 46.404 46,586 46,667 46,649 46.517 46,257 45.853 43,356 7.983 8.302 8,634 8,979 9.339 9,712 10,101 10,505 10,925 11.362 11,816 12,289 12,781 13,292 13,823 14.376 14,951 15,550 16.171 16.818 17,491 18,191 18.918 19.675 20,462 21,281 22,132 23.017 23,938 24,895 25.891 26.927 28.004 29,124 30,289 31,500 32,760 34.071 35,434 36,851 38,325 39,858 41.452 43,111 44,835 7.493 6,842 7,154 7.487 7,843 8,221 8,629 9,059 9,512 9,991 10,496 11.028 11 585 12.167 12,773 13.407 14,068 14.759 15,482 16.237 17,026 17.835 18,649 19,463 20.276 21,090 21,904 22.734 23,572 24,388 25,136 25.900 26.611 27.592 28.629 29,697 30,798 31.930 33.093 34.286 35,509 36,758 38,031 39,325 40,465 64,024 74.593 80,369 87,084 94,772 103.041 111,667 121,204 131,719 143,329 156,137 170.205 185,319 201.791 219,753 239,343 260.715 284.037 309,493 337,284 367.586 397,816 427,420 451.826 472.177 479,686 432,045 379,671 327.687 270.769 216.047 187,263 164,753 166,264 169.378 173,045 176,892 180.723 184.525 188.274 191,973 195,592 199,111 202.493 202,217 0

0 0

0 0

0 0

0 0

0 0

0 0

0 0

0 0

0 0

0 0

C 2,279,445 3,198,822 8.269,996 39,539.108 40,961,307 39,302.389 40,684.889 37,790,757 21.396,273 16,938,879 2,761,362 1,889,214 1,993,846 2.092.789 2,202,660 2,318.300 2,446,696 2.568.111 2,702.937 2.844.841 3.002,399 5.513.465 54,921,449 64,024 74,593 80,369 87,084 94.772 103.041 111.667 121,204 131,719 143,329 156.137 170.205 185.319 201.791 219.753 239.343 260,715 284,037 309,493 337,284 367.586 397.816 2,706,865 3,650,648 8,742.173 40.018,794 41.393,352 39.682.060 41,012,576 38,061,526 21.612.320 17.126,141 2.926,115 2.055.478 2.163,224 2.265,834 2.379,552 2,499,023 2,631.221 2.756,386 2,894.910 3,040.434 3.201,511 5,715,958 55.123,665 1 2.015.832 i 2.787.253 I 3,506,954 1 966,142t 904,930 1 10.181,1101 337.619.9351 347,801,0461 01 0 1 01 64,024 74,593 80.369 87.084 94,772 103.041 111,667 121,204 131,719 143.329 156.137 170,205 185,319 201,791 219.753 239.343 260,715 284.037 309,493 337,284 367.586 397.816 2.706,865 3,650.648 8.742,173 40,018,794 41.393,352 39,682,060 41.012,576 38.061.526 21,612.320 17.126.141 2,926.115 2,055,478 2.163.224 2,265.834 2,379,552 2,499.023 2,631.221 2,756,386 2.894.910 3.040,434 3.201.511 5,715.958 55,123.665 347,801.046

SEABROOK STATION Ownership:

0.08%

DECOMMISSIONING COST PROJECTIONS Hudson Light & PowerTDepartment Share of Decomanissioning Cost:

As of 12/3112000

$429,820 Year End Contributions

% In I Fees/Expenses 12/31 Fund 1A Fund 1B Fund 2 Fund 3 Fund 4 Fund 5 Total Eu Fund 1A Fund 1B Fund 2 Fund 3 Fund 4 Fund 5 Total 12/31/90 12/31/91 12/31/92 12/31193 12/31/94 12/31/95 12/31/96 000%

12/31/97 0.0%

12/31/98 0.0%

12/31/99 0.0%

12/31/00 0.0%

12/31/01 0.0%

12/31/02 0

0 16.707 0

0 0

16,707 0.0%

0 0

419 0

0 0

419 12/31/03 0

0 17.322 0

0 0

17.322 0.0%

0 0

444 0

0 0

444 12/31/04 0

0 18,015 0

0 0

18,015 0.0%

0 0

498 0

0 0

498 12/31/05 0

0 18.735 0

0 0

18.735 00%

0 0

555 0

0 0

555 12/31/06 0

0 19.485 0

0 0

19,485 0.0%

0 0

615 0

0 0

615 12/31/07 0

0 10.884 0

0 0

10,884 0.0%

0 0

677 0

0 0

677 12/31/08 0

0 11.319 0

0 0

11.319 0.0%

0 0

731 0

0 0

731 12/31/09 0

0 11.772 0

0 0

11.772 0.0%

0 0

789 0

0 0

789 12/31/10 0

0 12.243 0

0 0

12,243 0.0%

0 0

851 0

0 0

851 12/31/11 0

0 12,733 0

0 0

12,733 0.0%

0 0

918 0

0 0

918 12/31/12 0

0 13,242 0

0 0

13,242 0.0%

0 0

990 0

0 0

990 12/31/13 0

0 13,772 0

0 0

13,772 0.0%

0 0

1.070 0

0 0

1,070 12/31/14 0

0 14.322 0

0 0

14.322 0.0%

0 0

1.153 0

0 0

1.153 12/31/15 0

0 14,895 0

0 0

14,895 0.0%

0 0

1,243 0

0 0

1,243 12/31/16 0

0 15.491 0

0 0

15.491 0.0%

0 0

1,340 0

0 0

1,340 12/31/17 0

0 16,111 0

0 0

16.111 0.0%

0 0

1,445 0

0 0

1.445 12/31/18 0

0 16.755 0

0 0

16.755 0.0%

0 0

1.558 0

0 0

1.558 12/31/19 0

0 17.425 0

0 0

17.425 0.0%

0 0

1,680 0

0 0

1,680 12/31/20 0

0 18.122 0

0 0

18.122 0.0%

0 0

1,811 0

0 0

1,811 12/31/21 0

0 18.847 0

0 0

18,847 0.0%

0 0

1.954 0

0 0

1,954 12/31/22 0

0 19,601 0

0 0

19,601 0.0%

0 0

2,108 0

0 0

2,108 12/31/23 0

0 20.385 0

0 0

20,385 0.0%

0 0

2,264 0

0 0

2,264 12/31/24 0

0 21.201 0

0 0

21,201 0.0%

0 0

16.957 0

0 0

16.957 12/31125 0

0 22.049 0

0 0

22,049 00%

0 0

22.954 0

0 0

22.954 12/31/26 0

0 13,376 0

0 0

13.376 0.0%

0 0

55.409 0

0 0

55,409 12/31/27 0

0 0

0 0

0 0

00%

0 0

254,863 0

0 0

254.863 12J31/28 0

0 0

0 0

0 0

0.0%

0 0

263,678 0

0 0

263.678 12/31/29 0

0 0

0 0

0 0

0.0%

0 0

252,819 0

0 0

252,819 12/31130 0

0 0

0 0

0 0

00%

0 0

261.357 0

ui 0

261,357 12/31/31 0

0 0

0 0

0 0

00%

0 0

242,596 0

0 0

242.596 12/31/32 0

0 0

0 0

0 0

0.0%

0 0

137,753 0

0 0

137.753 12/31/33 0

0 0

0 0

0 0

0.0%

0 0

109,173 0

0 0

109.173 12/31134 0

0 0

0 0

0 0

000%

0 0

18,640 0

0 0

18.640 12/31/35 0

0 0

0 0

0 0

0.0%

0 0

13.088 0

0 0

13.088 12/31/36 0

0 0

0 0

0 0

00%

0 0

13.773 0

0 0

13,773 12/31/37 0

0 0

0 0

0 0

0.0%

0 0

14.426 0

0 0

14.426 12/31138 0

0 0

0 0

0 0

0.0%

0 0

15.150 0

0 0

15,150 12/31/39 0

0 0

0 0

0 0

0.0%

0 0

15.911 0

0 0

15,911 12/31140 0

0 0

0 0

0 0

0.0%

0 0

16,753 0

0 0

16,753 12/31141 0

0 0

0 0

0 0

0.0%

0 0

17.550 0

0 0

17,550 12131/42 0

0 0

0 0

0 0

0.0%

0 0

18,433 0

0 0

18,433 12/31/43 0

0 0

0 0

0 0

0.0%

0 0

19.361 0

0 0

19,361 12/31144 0

0 0

0 0

0 0

0.0%

0 0

20,388 0

0 0

20,388 12/31145 0

0 0

0 0

0 0

0.0%

0 0

36,423 0

0 0

36.423 12/31/46 0

0 0

0 0

0 0

000%/

0 0

351,507 0

0 0

351,507 i

0 0

404,809 0

0 0

404,809 00 2.214.072 020204.072I

SEABROOK STATION DECOMMISSIONING COST PROJECTIONS Hudson Light & Power Department Year End Annual Earnings 12/31 Fund 1A Fund 16 Fund 2 Fund 3 Fund 4 Fund 5 otal Fund 1A Fund 1B Fund 2 12131/90 12/31/91 12/31/92 12/31/93 12/31/94 12/31/95 0

0 24,376 12131/96 0

0 32,521 12/31/97 0

0 42,332 12/31/98 0

0 55.577 12/31/99 0

0 67,493 12/31/00 0

0 91,440 12/31/01 0

0 117,971 12/31/02 0

0 9,679 0

0 0

9,679 0

0 143,938 12/31/03 0

0 11,687 0

0 0

11.687 0

0 172.503 12/31/04 0

0 13,896 0

0 0

13.896 L.

0 203,916 12/31/05 0

0 16,323 0

0 0

16.323 0

0 238,419 12/31/06 0

0 18.987 0

0 0

18,987 0

0 276.276 12331/07 0

0 21,525 0

0 0

21.525 0

0 308.008 12/31/08 0

0 23,965 0

0 0

23,965 0

0 342.562 12/31/09 0

0 26.621 0

0 0

26,621 0

0 380,166 12/31/10 0

0 29.511 0

0 0

29.511 0

0 421.069 12/31/11 0

0 32.653 0

0 0

32,653 0

0 465.536 12/31/12 0

0 36.068 0

0 0

36,068 0

0 513,856 12/31/13 0

0 39,778 0

0 0

39.778 0

0 566.337 12131/14 0

0 43.807 0

0 0

43,807 0

0 623.313 12/31/15 0

0 48,180 0

0 0

48,180 0

0 685,145 12/31/16 0

0 52.924 0

0 0

52.924 0

0 752,220 12131/17 0

0 58,070 0

0 0

58,070 0

0 824,956 12/31/18 0

0 63.648 0

0 0

63.648 0

0 903,802 12/31119 0

0 69,695 0

0 0

69,695 0

0 989,243 12/31/20 0

0 76,246 0

0 0

76,246 0

0 1.081,799 12131/21 0

0 83,341 0

0 0

83,341 0

0 1,182,033 12/31122 0

0 84.333 0

0 0

84.333 0

0 1,283,859 12/31/23 0

0 84,300 0

0 0

84,300 0

0 1,386.280 12J31/24 0

0 82,691 0

0 0

82,691 0

0 1.473.216 12131/25 0

0 79,433 0

0 0

79,433 0

0 1,551.743 12/31/26 0

0 73,888 0

0 0

73,888 0

0 1,583,598 12/31/27 0

0 69,897 0

0 0

69.897 0

0 1,398.633 12/31/28 0

0 60,730 0

0 0

60,730 0

0 1,195,685 12/31/29 0

0 51,206 0

0 0

51,206 0

0 994.073 12/31130 0

0 41.242 0

0 0

41,242 0

0 773,953 12/31/31 0

0 31,094 0

0 0

31.094 0

0 562,455 12131/32 0

0 23.598 0

0 0

23,598 0

0 448,301 12/31/33 0

0 18.825 0

0 0

18,825 0

0 357.953 12131/34 0

0 16.812 0

0 0

16.812 0

0 356.125 12/31/35 0

0 16,868 0

0 0

16,868 0

0 359,905 12/31136 0

0 17,033 0

0 0

7.033 0

0 363.165 12/31/37 0

0 17.173 0

0 0

17,173 C

0 365.912 12/31138 0

0 17,287 0

0 0

17.287 0

0 368,049 12/31139 0

0 17,371 0

0 0

17,371 0

0 369,509 12/31/40 0

0 17,419 0

0 0

17.419 0

0 370,175 12/31/41 0

0 17,431 0

0 0

17.431 0

0 370.056 12/31/42 0

0 17.402 0

0 0

17,402 0

0 369,025 12/31/43 0

0 17.328 0

0 0

17.326 0

0 366,992 12131/44 0

0 17.203 0

0 0

17,203 0

0 363.808 12/31/45 0

0 16,633 0

0 0

16,633 0

0 344,018 12/31/46 0

0 7.489 0

0 0

7.489 0

0 (0)

Balances Target Fund 3 Fund 4 Fund 5 Total Cost 0

0 0

24,376 0

0 0

32.521 0

0 0

42,332 0

0 0

55,577 0

0 0

67,493 0

0 0

0 91.440 429.820 0

0 0

117,971 452.385 0

0 0

143.938 476.135 0

0 0

172,503 501.132 0

0 0

203,916 527.442 0

0 0

238.419 555,133 0

0 0

276.276 584,277 0

0 0

308.008 614.952 0

0 0

342.562 647.237 0

0 0

380.166 681.216 0

0 0

421.069 716,980 0

0 0

465.536 754,622 0

0 0

513,856 794,239 0

0 0

566.337 835,937 0

0 0

623.313 879,824 0

0 0

685,145 926.014 0

0 0

752.220 974,630 0

0 0

824,956 1,025.798 0

0 0

903.802 1,079.653 0

0 0

989.243 1.136.334 0

0 0

1.081.799 1.195.992 0

0 0

1.182,033 1.258.782 0

0 0

1.283,859 1.324,868 0

0 0

1.386.280 1,394,423 0

0 0

1.473.216 1.452,687 0

0 0

1,551,743 1.507,983 0

0 0

1.583.598 1.532.937 0

0 0

1,398.633 1,354.211 0

0 0

1,195,685 1.156.779 0

0 0

994.073 959,858 0

0 0

773,958 743,534 0

0 0

562.455 534.827 0

0 0

448,301 422,639 0

0 0

357.953 333.782 0

0 0

356,125 333.203 0

0 0

359,905 338.311 0

0 0

363.165 343,001 0

0 0

365.912 347.289 0

0 0

368,049 351.082 0

0 0

369.509 354.316 0

0 0

370,175 356.878 0

0 0

370,056 358.778 0

0 0

369.025 359.895 0

0 0

366,992 360.139 0

0 0

363.808 359.364 0

0 0

344,018 342.086 0

0 0

(0)

(0) 0 0

1.691,293 0

0 0

1,691,2931i i

j Contribution Pre-Tax Tax Fund Percent Return Rate 1A 0.00%

7.64%

0.00%

1B 0.00%

10.76%

0.00%

2 100.00%

7.64%

0.00%

3 0.00%

6 08%

0.00%

4 0.00%

4.83%

0.00%

5 0.00%

10.76%

000%

Tolal 100.00%

7.64%;-.

I

SEABROOK STATION DECOMMISSIONING COST PROJECTIONS Hudson Light & Power Deparlment Year End Trustee Fixed Income Equity Legal/Admin Audil/Conslt 12131 Fees Management IManagement IFees

'Expenses 12/31190 12/31191 12/31/92 12/31/93 12/31/94 12131/95 12/31/96 12J31197 12/31/98 12/31/99 12/31/00 12/31/01 12/31/02 12/31/03 12131104 12/31/05 12/31/06 12/31/07 12/31/08 12131109 12/31/10 12/31/11 12/31/12 12/31/13 12/31/14 12/31115 12/31/16 12/31/17 12/31/18 12/31119 12/31/20 12131/21 12/31/22 12/31/23 12/31/24 12/31/25 12/31/26 12/31/27 12131/28 12131/29 12/31/30 12/31/31 12/31/32 12/31/33 12/31/34 12/31/35 12/31/36 12/31/37 12/31/38 12/31/39 12/31/40 12131141 12/31/42 12/31/43 12/31/44 12/31/45 12/31/46 73 78 90 104 118 134 147 161 177 193 211 231 252 275 300 327 356 388 422 459 499 540 581 616 647 660 586 505 424 336 251 205 169 168 170 175 181 188 195 202 209 216 224 231 238 247 275 310 347 387 426 462 500 541 586 634 687 743 803 868 939 1.015 1.098 1,187 1,284 1.389 1,495 1,601 1,690 1,764 1,786 1.595 1,385 1,177 949 729 609 513 510 513 515 517 518 518 518 516 514 510 506 483 48 39 43 47 51 54 57 60 63 66 70 73 76 80 84 87 91 95 99 104 108 113 118 123 129 134 140 145 150 155 160 165 170 176 182 189 196 204 211 219 226 234 242 251 258 Expenses Siubnttl "1Qu lified It Taxes Tax IN~nnNHlife~d

• uhlola com

.1 ulila ouaie

.,mta ioa 419 444 498 555 615 677 731 789 851 918 990 1,070 1.153 1.243 1.340 1,445 1,558 1,680 1,811 1,954 2,108 2,264 2.420 2.555 2,670 2.716 2,462 2,182 1,904 1.599 1,306 1.151 1,030 1.040 1,058 1.080 1,103 1,127 1.150 1.173 1.196 1,219 1,241 1,263 1.265 0

0 0

0 0

0 0

0 0

0 0

0 0

0 0

0 0

0 0

0 0

0 14.536 20.399 52.739 252,146 261,216 250.637 259,453 240,997 136.447 108.022 17,610 12.048 12,715 13.346 14.047 14.784 15.603 16.377 17,237 18,142 19.147 35,160 350.242 419 444 498 555 615 677 731 789 851 918 990 1.070 1,153 1,243 1,340 1.445 1.558 1,680 1,811 1,954 2.108 2,264 16,957 22,954 55.409 254,B63 263.678 252.819 261,357 242,596 137,753 109,173 18.640 13,088 13,773 14,426 15,150 15,911 16,753 17,550 18.433 19,361 20,388 36.423 351,507 Total 419 444 498 555 615 677 731 789 851 918 990 1.070 1.153 1,243 1.340 1,445 1,558 1,680 1.811 1,954 2.108 2,264 16,957 22.954 55.409 254,863 263.678 252,819 261,357 242,596 137,753 109.173 18.640 13,088 13,773 14,426 15.150 15.911 16.753 17,550 18.433 19,361 20.388 36,423 351,507 i

12.9121 36.163 o 01 6.1611 5.7871 61.0231 2,153,049 1 2,214.0721 0 i 0 i 01 2,214.072

-1Z Ex SL IDecomm

SEABROOK STATION DECOMMISSIONING COST PROJECTIONS Massachusetts Municipal Wholesale Electric Ownership:

11.59%

Share of Deconmirmssioning Cost:

As of 12/3112000

$64.405,716 Year End ContributionsI

%In Fees/Expenses 12,31 Fund 1A Fund 1B Fund 2 Fund 3 Fund 4 Furnd 5 Total Equ Fund 1A Fund 1B Fund 2 Fund 3 Fund 4 Fund 5 Total 12/31/90 12/31/91 12/31192 12131/93 12/31/94 12131/95 12/31/96 12131/97 12/31/98 12/31/99 12/31/00 12/31/01 12/31/02 12/31103 12/31/04 12/31/05 12131106 12131/07 12/31/08 12131/09 12/31/10 12/31/11 12131/12 12/31/13 12131/14 12131/15 12/31/16 12/31/17 12131/18 12131/19 12131/20 12/31/21 12/31/22 12/31/23 12/31/24 12/31/25 12/31/26 12/31/27 12/31/28 12131/29 12/31/30 12/31/31 12/31/32 12/31/33 12131/34 12/31/35 12131/36 12131137 12131/38 12/31/39 12/31/40 12/31/41 12/31/42 12/31/43 12131/44 12J31/45 12/31/46 0

644,234 0

725,209 0

754.217 0

784.386 0

815.761 0

492.812 0

512.525 0

533,026 0

554.347 0

576,521 0

599,582 0

623.565 0

648.507 0

674.448 0

701.426 0

729,483 0

758,662 0

789.008 0

820.569 0

853,392 0

2,218,818 0

2.307.571 0

2,399.873 0

2.495.868 0

1.514,160 0

0 0

0 0

0 0

0 0

0 0

0 0

0 0

0 0

0 0

0 0

0 0

0 0

0 0

0 0

0 0

0 0

0 0

0 0

0 0

0 0

966.351 0

1,087.813 0

1.131.326 0

1,176.579 0

1,223,642 0

739.218 0

768.787 0

799,539 0

831,520 0

864.781 0

899,372 0

935.347 0

972.761 0

1,011.672 0

1,052,138 0

1,094.224 0

1.137.993 0

1,183,513 0

1,230,853 0

1.280,087 0

0 0

0 0

0 0

0 0

0 0

0 0

0 0

0 0

0 0

0 0

0 0

0 0

0 0

0 0

0 0

0 0

0 0

0 0

0 0

0 0

0 0

0 0

0 0

0 0

0 1,610,585 1.813,022 1,885.543 1,960,965 2,039,403 1.232,031 1,281.312 1.332,565 1,385,867 1,441,302 1.498.954 1.558.912 1.621.269 1,686,119 1,753.564 1,823,707 1.896.655 1.972.521 2.051.422 2,133,479 2.218,818 2,307,571 2.399,873 2.495.868 1.514,160 0

0 0

0 0

0 0

0 0

0 0

0 0

0 0

0 0

0 0

0 5.9%

14.0%

20.6%

32.4%

31.6%

323%

35.5%

38.2%

40.6%

42.6%

44.3%

45.6%

46.7%

47.8%

48.8%

49.8%

50.7%

51.6%

52.5%

53.4%

54.2%

55.0%

55.8%

56.5%

57.3%

58.0%

46.3%

34.6%

22.9%

11.4%

0.0%

0.0%

0.0%

0.00/

0,0%

0.0%

0.0%

0.0%

0.0%

0.0%

0.0%

0.0%

0.0%

0.0%

0.0%

0.0%

0.0%

0.0%

0.0%

0.0%

0.0%

0 36.330 0

35,923 0

38.505 0

41,445 0

44,745 0

48.208 0

51.711 0

55.520 0

59.654 0

64.144 0

69,017 0

74,279 0

79.973 0

86,149 0

92.843 0

100.095 0

107.947 0

116,448 0

125,646 0

135.595 0

146.328 0

159,737 0

1.096.747 0

1.492.272 0

3,613.529 0

16,678,446 0

17.250.994 0

16,537,579 0

17.091,751 0

15,861.683 0

9.006.673 0

7.137.038 0

1,219,478 0

856,667 0

901,575 0

944,342 0

991,737 0

1.041,529 0

1.096,624 0

1.148,787 0

1,206,516 0

1,267,160 0

1,334.285 0

2.382.106 0

22.971.285 0

17,338 0

19,739 0

23.838 0

28,294 0

33.179 0

38.396 0

43,261 0

48.636 0

54.577 0

61,154 0

68.439 0

76.487 0

85,394 0

95.271 0

106,224 0

118,372 0

131.844 0

146.764 0

163.350 0

181,719 0

202,049 0

219,263 0

1,490,419 0

1.998.282 0

4,743.733 0

21,566.574 0

22,306,924 0

21,384,422 0

22.101,011 0

20,510,434 0

11.646,354 0

9,228,764 0

1.576,883 0

1.107.739 0

1,165.809 0

1,221.110 0

1,282,396 0

1,346.781 0

1.418.023 0

1.485,474 0

1.560,122 0

1,638,540 0

1,725,338 0

3.080,255 0

29.703,721 53,668 55.663 62.344 69,740 77,924 86,604 94.972 104.156 114,231 125,299 137.457 150,766 165,367 181,419 199,067 218.467 239.792 263.232 288,996 317.314 348,378 379,000 2,587,166 3.490.554 8,357,262 38.245,021 39.557.917 37,922,001 39,192,762 36,372.117 20,653.027 16.365.802 2,796.362 1.964.406 2,067,383 2.165.452 2,274.134 2,388.310 2,514.647 2,634.260 2,766.637 2,905.701 3.059.623 5,462,360 52,675.007

_ _0 24,527.969 0

0 20,387,517 44,915.486 00 144,899,0460 0 187.252,717 33_2 151:7-6:3

SEABROOK STATION DECOMMISSIONING COST PROJECTIONS Massachusetts Municipal Wholesale Electric Year End Annual Earnings Balances Target 12131 Fund IA Fund 1B Fund 2 Fund 3 Fund 4 Fund 5 Total Fund 1A Fund 1B Fund 2 Fund 3 Fund 4 Fun' 5 Total Coat 12/31/90 12/31/91 12/31/92 12/31193 12131194 12/31195 0

0 3,640,173 0

0 0

3,640,173 12/31/96 0

0 4,485,544 0

0 279,921 4,765,466 12/31197 0

0 5,418,023 0

0 878.956 6,296,979 12/31/98 0

0 6,710,487 0

0 1,745.771 8,456,258 12/31/99 0

0 7,131,333 0

0 3,424.267 10,555,600 0

12131100 0

0 8,764,217 0

0 4.047,342 12,811,559 64,405,716 12/31/01 0

0 10,427,636 0

0 4.976,393 15.404,029 67,787,016 12131/02 0

0 821.546 0

0 589.908 1,411,454 0

0 11,857,086 0

0 6,515,314 18,372,400 71.345.834 12131/03 0

0 934,085 0

0 762,327 1.696.412 0

0 13,480.457 0

0 8,345,715 21,826.172 75,091,491 12131/04 0

0 1.059,192 0

0 961.539 2.020.732 0

0 15,255.361 0

0 10.414.742 25.670,103 79.033,794 12/31/05 0

0 1,195.909 0

0 1,186.507 2.382.416 0

0 17,194,211 0

0 12,749.533 29,943,744 83,183.068 12131/06 0

0 1.345,186 0

0 1,440.151 2,785,337 0

0 19.310,413 0

0 15.380,147 34,690,561 87.550,179 12131/07 0

0 1,493,508 0

0 1,695,112 3,188,620 0

0 21,248,525 0

0 17.776,082 39,024.608 92.146,563 12/31/08 0

0 1,642,243 0

0 1.954,332 3.596.575 0

0 23,351,582 0

0 20,455.941 43,807.523 96.984,258 12/31/09 0

0 1,803,599 0

0 2,244.141 4,047,741 0

0 25.632,686 0

0 23,450,985 49,083,672 102.075,932 12/31110 0

0 1.978,579 0

0 2,567,902 4,546,481 0

0 28,105,958 0

0 26,795,831 54.901,788 107,434,918 12/31/11 0

0 2,168,261 0

0 2.929.338 5.097.599 0

0 30,786.595 0

0 30.528,796 61.315,390 113,075.251 12131/12 0

0 2,373,805 0

0 3,332.572 5,706,377 0

0 33,690.965 0

0 34,692.300 68.383,265 119,011,702 12/31113 0

0 2,596,465 0

0 3.782,167 6,378,633 0

0 36.836,716 0

0 39,333,328 76.170.044 125,259.816 12/31/14 0

0 2.837.588 0

0 4,283,178 7.120,766 0

0 40,242.838 0

0 44.503,873 84,746,711 131.835.957 12131/15 0

0 3.098.625 0

0 4,841,194 7.939.819 0

0 43,929,762 0

0 50.261.468 94,191,230 138.757,344 12/31/16 0

0 3,381.136 0

0 5,462,404 8.843.540 0

0 47,919.480 0

0 56,669.787 104,589.267 146.042,105 12131/17 0

0 3,686,802 0

0 6,153,657 9,840.459 0

0 52,235,670 0

0 63,799,296 116,034,966 153.709,315 12/31/18 0

0 4,017,431 0

0 6,922.530 10.939.962 0

0 56.903,816 0

0 71,727.975 128.631,790 161,779,054 12/31119 0

0 4,374,971 0

0 7,777.411 12,152,382 0

0 61,951,348 0

0 80,542.114 142,493,462 170,272,455 12/31/20 0

0 4,761.518 0

0 8,727,578 13.489,096 0

0 67,407.789 0

0 90.337,195 157,744,984 179,211.759 12/31/21 0

0 5,179,326 0

0 9,783,299 14,962,625 0

0 73.304.911 0

0 101,218,863 174,523,774 188,620,376 12131122 0

0 5,267,447 0

0 9,680.767 14,948,213 0

0 80,644,847 0

0 110,697,580 191,342,428 198,522,946 12/31/23 0

0 5,330.549 0

0 9.276,358 14,606,907 0

0 88.123,231 0

0 119,754,675 207,877,906 208.945,400 12/31/24 0

0 5,289.579 0

0 8,568,634 13,858,213 0

0 94,715,936 0

0 126,832,890 221,548,826 217,675,8684 12131/25 0

0 5.137,684 0

0 7.567.743 12,705,427 0

0 100,857,216 0

0 132,402,351 233.259,567 225,961.593 12/31/26 0

0 4,818.869 0

0 6.274.417 11,093,287 0

0 103,576,717 0

0 133.933,035 237,509,752 229.700.775 12/31/27 0

0 4.571,443 0

0 5,911,244 10,482,688 0

0 91,469.714 0

0 118,277,706 209.747,419 202,919.916 12/31/28 0

0 3,971,556 0

0 5,135.541 9.107,097 0

0 78,190,276 0

0 101.106,323 179,296,599 173.336,004 12/31/29 0

0 3.348.431 0

0 4.329,791 7,678,222 0

0 65,001,127 0

0 84,051.692 149,052.820 143,828.529 12/31/30 0

0 2,696,731 0

0 3,487,091 6,183,822 0

0 50.606,107 0

0 65,437,772 116,043.880 111.413,851 12/31/31 0

0 2,033,127 0

0 2,628.997 4,662,124 0

0 36,777,551 0

0 47,556,335 84.333.886 80,140,373 12/31/32 0

0 1,543,056 0

0 1,995,296 3,538,352 0

0 29,313,934 0

0 37,905,277 67,219,211 63,329,706 12/31133 0

0 1,230.996 0

0 1.591,777 2,822,773 0

0 23,407,892 0

0 30,268,290 53,676.182 50.015.077 12/31/34 0

0 1,099,382 0

0 1,421,589 2,520,971 0

0 23,287,796 0

0 30,112,995 53,400.791 49,928,321 12/31/35 0

0 1,103,006 0

0 1.426,276 2,529.282 0

0 23,534,135 0

0 30,431,532 53,965,667 50,693,740 12/31/36 0

0 1,113,742 0

0 1,440,158 2.553,901 0

0 23,746.303 0

0 30,705,882 54,452.184 51,396.562 12/31/37 0

0 1,122,883 0

0 1.451,978 2.574,861 0

0 23.924,844 0

0 30,936.750 54,861,593 52,039.088 12/31/38 0

0 1,130,279 0

0 1,461,541 2,591,820 0

0 24,063,385 0

0 31,115,894 55,179.279 52,607,418 12/31/39 0

0 1,135.679 0

0 1,468,524 2,604.203 0

0 24,157.535 0

0 31,237,638 55,395.173 53.091.989 12/31/40 0

0 1,138,797 0

0 1.472,556 2,611,353 0

0 24,199,708 0

0 31.292.171 55,491,879 53,475,874 12/31/41 0

0 1.139,479 0

0 1.473,438 2.612,517 0

0 24,190,400 0

0 31,280,135 55,470,536 53,760,644 12/31142 0

0 1,137,529 0

0 1.470,917 2,608,446 0

0 24.121,414 0

0 31,190,930 55,312.344 53,927.922 12/31/43 0

0 1,132,620 0

0 1,464,569 2.597.189 0

0 23,986,873 0

0 31,016,959 55,003.832 53,964.587 12131/44 0

0 1,124.375 0

0 1,453,907 2,578,282 C

0 23,776,963 0

0 30,745,528 54,522,492 53,848.404 12/31/45 0

0 1.087,005 0

0 1,405,585 2,492,589 0

0 22,481,862 0

0 29,070.858 51,552,720 51.259,446 12131/46 0

0 489,423 0

0 632.863 1,122,286 0

0 (0) 0 0

(0)

(0) 0 0

0 109.943,441 0

0 161,888.807 271,832,248 Contribution Pre-Tax Tax Fund Percent Return Rate 1A 0.00%

7.64%

0%

1B 0.00%

10.76%

0.00%

2 40.00%

7.64%

0.00%

3 0.00%

6.08%

0.00%

4 0.00%

4.83%

0.00%

5 60.00%

1076 0.00%

Total 100.00%

9.51%

11.I

SEABROOK STATION DECOMMISSIONING COST PROJECTIONS Massachuselts Municipal Wholesale Eleclric Year End ITrustee Fixed Income Equity Legal/Admin AuditlConslt Expenses Taxes Tax 1Total 12/31 Fees IManagement IManagement IFees IExpenses Subltlal Decorumm ualified

]NonQualified Subtotal 12/31/90 12/31/91 12/31/92 12/31/93 12/31/94 12/31/95 12/31/96 12/31/97 12/31198 12/31199 12/31/00 12/31/01 12/31/02 12/31/03 12/31/04 12/31/05 12/31/06 12/31/07 12/31/08 12/31/09 12/31/10 12131/11 12/31/12 12131/13 12131/14 12131115 12131/16 12/31/17 12131/18 12/31119 12/31120 12/31/21 12/31/22 12/31123 12/31/24 12/31125 12/31126 12/31/27 12/31128 12/31129 12/31/30 12/31131 12/31/32 12/31/33 12/31/34 12/31/35 12/31/36 12/31/37 12/31/38 12/31/39 12/31/40 12/31141 12/31/42 12/31143 12/31/44 12/31145 12/31146 9,479 9.907 11,407 13,053 14.862 16,854 18,655 20.633 22.807 25,197 27.823 30.710 33.883 37,372 41,208 45,425 50,060 55.157 60,759 66.917 73,685 80.463 87.118 92.616 97,319 99,025 87,915 75,727 63.617 50.393 37,673 30.791 25,326 25,205 25,422 26.196 27.167 28,165 29.191 30,244 31,322 32.424 33,547 34,688 35,693 21,865 22.632 24,205 25,963 27.899 29,799 31.851 34.107 36.509 39.111 41.930 45.070 48.352 51,866 55.676 59,804 64,272 69,107 74.337 79,992 86.170 93.928 101,772 108.668 114,633 116,808 104,308 90.592 76.956 62,050 47.674 39.836 33,567 33.365 33.548 33.694 33.804 33.870 33.887 33.849 33.754 33,595 33,363 33.050 31,571 8,460 10,191 13.039 16,255 19.895 23,860 27.571 31,684 36,310 41.475 47.239 53.530 60,641 68.607 77.477 87.350 98.333 110,546 124.123 139.210 155,843 170.405 184,347 195,243 203.817 206.173 182,074 155.641 129.387 100.733 73.207 58.350 46.594 46.355 46,846 47.268 47.623 47.899 48.086 48.170 48,152 48.015 47.747 47,329 44.751 7,628 7.933 8.251 8,581 8,924 9.281 9,652 10,038 10.440 10.857 11,291 11,743 12.213 12.701 13.209 13.738 14,287 14,859 15.453 16.071 16,714 17,383 18,078 18.801 19.553 20,335 21,149 21,995 22.874 23.789 24,741 25,730 26.760 27.830 28,943 30,101 31,305 32.557 33,860 35.214 36.622 38,087 39,611 41,195 42.843 6.236 5.000 5.442 5,889 6.344 6.810 7,243 7.694 8,166 8.658 9,174 9.713 10,279 10.872 11.496 12.151 12,839 13.563 14,324 15.124 15,965 16,820 17.673 18,517 19.350 20,154 20,933 21,725 22,526 23.306 24.021 24.750 25.430 26.368 27,358 28,379 29,431 30,513 31,624 32.764 33,932 35.125 36.342 37,578 38,667 53,668 55,663 62.344 69,740 77,924 86,604 94,972 104.156 114,231 125.299 137,457 150.766 165,367 181,419 199.067 218,467 239.792 263.232 288.996 317,314 348.378 379.000 408.989 433,845 454.672 462,496 416.378 365,679 315,360 260,271 207,316 179,458 157.677 159,123 162,117 165.638 169.330 173,004 176,649 180.241 183.782 187,245 190.610 193,840 193.525 0

0 0

0 0

0 0

0 0

0 0

0 0

0 0

0 0

0 0

0 0

0 2,178,178 3.056,709 7,902,589 37,782.524 39,141.540 37,556.322 38,877.402 36,111.846 20,445,711 16.186.344 2.638,684 1,805,283 1.905,266 1.999,814 2.104.804 2,215.306 2.337.998 2,454.019 2.582,855 2,718.455 2,869,013 5.268.521 52,481,481 53.668 55,663 62,344 69.740 77,924 86.604 94,972 104,156 114.231 125,299 137,457 150.766 165.367 181,419 199.067 218.467 239.792 263.232 288.996 317,314 348,378 379,000 2,587.166 3,490,554 8,357.262 38.245,021 39.557,917 37.922.001 39.192,762 36,372.117 20.653,027 16,365.802 2,796,362 1,964.406 2,067.383 2.165.452 2.274,134 2,388,310 2.514.647 2,634.260 2.766,637 2,905,701 3.059.623 5.462.360 52.675,007 53,668 55,663 62.344 69.740 77,924 86.604 94,972 104.156 114.231 125,299 137.457 150.766 165.367 181,419 199,067 218,467 239,792 263,232 288.996 317.314 348,378 379.000 2,587,166 3,490,554 8,357.262 38,245.021 39.557,917 37,922,001 39.192.762 36.372.117 20,653,027 16.365,802 2.796,362 1.964,406 2,067,383 2.165.452 2,274,134 2.388,310 2,514,647 2.634.260 2.766,637 2.905.701 3,059.623 5,462.360 52.675.007 846.271 9.531.098 I1322.620.665 332.151.763 1.873.098 1 2,362.6-5-7 3.525.852 923.220 01 01 0T 332.151.763

SEABROOK STATION DECOMMISSIONING COST PROJECTIONS Little Bay Power Corp.

Ownership:

2.90%

Share of Decommissioning Cost:

As of 12/31/2000

$16,109.984 Contributions Fund IA Fund 18 Fund 2 Fund 3 Fund 4 Fund 5 Total

% In Fees/Expenses Egu Fund1A Fund 1B Fund 2 Fund 3 12/31/90 12/31/91 12/31/92 12/31/93 12/31/94 12/31/95 12/31/96 12/31/97 12/31/98 12/31/99 12/31/00 12/31/01 12/31/02 12/31/03 12/31/04 12/31/05 12131/06 12/31/07 12/31/08 12/31/09 12131110 12/31/11 12/31112 12/31/13 12/31/14 12131/15 12131/16 12/31/17 12/31/18 12/31/19 12/31/20 12/31/21 12/31/22 12/31/23 12/31/24 12/31/25 12/31126 12/31/27 12/31/28 12/31/29 12/31130 12/31/31 12131/32 12/31/33 12/31/34 12/31/35 12/31/36 12/31/37 12/31/38 12/31/39 12/31/40 12/31/41 12/31/42 12/31/43 12131144 12/31/45 12/31146 6.7%

14.2%

20.6%

29.6%

254%

21 4%

21.8%

22.3%

22.8%

23.3%

23.8%

24.4%

24.9%

25.4%

26.0%

26.5%

27.1%

27.7%

28.2%

28.8%

29.4%

30.0%

30.6%

31.2%

31.8%

32.5%

26.4%

20.0%

134%

6.7%

0.0%

0.0%

0.0%

0.0%

00%

0.0%

0.0%

00%

0.0%

0.0%

0.0%

0 0%

0.0%

0.0%

0.0%

0.0%

0.0%

0.0%

0 0%

0.0%

0 0%

15,277 24.447 16.320 22.993 17,588 23.495 18.970 24.155 20,474 24,958 22,100 25,778 23.886 27.022 25.824 28.388 27,923 29.862 30,198 31,463 32.664 33,201 35,337 35.097 38.232 37.120 41.369 39,300 44.768 41.659 48.452 44.210 52,444 46,965 56.769 49,938 61,456 53,146 66,535 56,605 72,039 60,341 69,209 64.047 92,885 353,061 97,884 469,839 151.091 1,102,446 510,879 4.986,568 517.985 5.147,443 488.844 4.925,688 494.975 5,080,077 452.346 4.706.710 261,342 2.678.862 207.923 2.126,258 51.331 390.718 42,125 285,646 43,564 299.895 44.950 313,732 46,446 329.039 47.994 345.131 49,662 362.858 51.250 379.859 52,963 398,599 54.736 418,337 56,652 440,116 80.911 741.329 544,536 6,589.637 Fund 4 Fund 5 855 7,129 783 6,900 779 7.255 780 7,675 785 8,160 790 8.673 806 9,355 825 10.113 845 10,947 867 11,869 891 12,888 918 14,019 945 15.257 975 16,622 1,006 18.131 1.040 19,799 1,076 21,643 1,114 23,681 1.155 25,933 1.198 28,423 1,243 31,177 1,292 33,864 7.009 189,961 9.229 255,783 21.538 603,751 97,421 2,730.875 100,564 2.818,978 96.231 2.697,535 99,248 2,782,085 91.953 2.577.612 52.336 1,467,069 41.540 1.164,437 7.633 213,975 5.581 156.433 5,859 164,237 6.129 171,814 6.428 180.197 6,743 189,010 7,089 198,718 7,421 208.028 7.787 218,291 8.173 229.101 8,598 241.028 14.483 405,986 128,739 3.608.790 0

0 0

0 0

0 0

Year End 12/31 47.003 46,856 51,386 54,104 57,013 60.089 63.443 67.005 70.783 74,791 79,043 83,555 88.334 93,398 98,769 104,462 110,497 116,894 123,674 130,859 138,474 136,739 206,891 232.266 390.546 1.403.580 1,466,861 1,427,609 1,491.080 1.406.683 839.243 688,040 174.937 147,519 156.737 166,151 176,388 187,260 199,079 211.075 224,112 237,969 253,053 371,330 2.568,336 Total 94,711 95,852 100,503 105.684 111.391 117.429 124.514 132.155 140,360 149,188 158.686 168,926 179.888 191.664 204,333 217,963 232.625 248.397 265.365 283.620 303.274 305.152 849,807 1.065,001 2.269.372 9.729.324 10.051,832 9.635.907 9,947,463 9.235,304 5,298,851 4.228.199 838.595 637,304 670.292 702,775 738.499 776,138 817,405 857,633 901,752 948,315 999,448 1,614.038 13,440,039 16.525,919 5,281,106 43,696,040 0

858.702 23,823,208 90 7184,9-751

SEABROOK STATION OECOMMISSIONING COST PROJECTIONS Little Bay Power Corp.

12/31 Fund 1A Fund 1B Fund 2 Fund 3 Fund 4 Fund 5 Total Fund 1A Fund 1B Fund 2 Fund 3 Fund 4 Fund 5 Total Cost 12/31/90 12/31191 12131/92 12131193 12/31194 12131/95 12/31/96 12/31/97 12/31/98 12131/99 12/31/00 12131/01 12131/02 12131/03 12131/04 12f31/05 12/31/06 12/31/07 12/31108 12/31/09 12/31/10 12131/11 12131/12 12131/13 12131/14 12/31/15 12/31/16 12/31/17 12131/18 12/31/19 12/31/20 12/31/21 12131/22 12/31/23 12131/24 12131/25 12/31/26 12/31/27 12131/28 12/31/29 12/31/30 12131/31 12/31t32 1 2/31/33 12131134 12/31t35 12/31/36 12/31137 12/31f/38 12/31139 12/31/40 12J31/41 12131/42 12/31/43 12131/44 12131/45 12131/46 12,997 241,291 13,586 266,500 14.204 294,413 14,853 325,287 15,533 359,434 16,245 397,202 16,992 438,969 17,773 485,152 18,592 536,218 19,449 592,684 20,346 655,121 21,285 724.161 22.269 800.501 23,299 884,915 24,376 978.257 25,505 1,081,471 26,686 1,195,601 27,922 1.321.802 29,217 1,461,350 30,572 1.615.658 31.990 1,589,460 33,474 1.523.235 34.881 1.409.209 36,170 1,248,495 37,152 1,041,428 35,934 1,007,304 32.882 921,732 29.724 833,213 26.432 740,932 23.103 647,617 20.806 583,216 19,563 548.372 19.382 543,301 20.003 560,710 20.692 580.041 21,402 599,936 22,132 620,405 22.883 641.447 23,654 663.057 24.446 685.252 25.259 708,044 26,093 731,428 26,948 755,391 27.681 775,959 25.350 710.612 1,109,256 1,195,302 1,288,595 1,389,626 1.499,050 1.617,587 1.746.002 1.885,126 2.035,886 2,199.291 2,376,444 2.568,542 2,776.897 3,002,941 3,248.232 3,514.472 3,803,518 4.117,400 4,458,332 4.828,734 4,817.707 4.736.622 4,564.566 4.300,795 3,937.210 3,834,749 3.523,976 3,198.625 2,858,294 2,509,618 2.262,837 2,134,382 2,115,335 2,190,634 2,274,641 2,361,609 2.451,641 2,544,777 2.641,054 2.740.584 2,843,484 2.949,783 3,059,497 3.158,060 2,938,102 1,022.673 1,317,712 1.563.899 1.913.752 2.162,411 2,420,878 2.641,678 2.794.575 2,957.226 3,129.669 3,312,458 3,506.183 3.711.508 3,929.028 4.159,459 4,403,562 4,662.143 4,936,054 5.226,194 5.533,527 5,859,06C 6.203,891 6.569.132 6.955,995 7,365,755 7,799,764 8.259,453 8.746.747 9,273.478 9,768,467 10,275,780 10.660.156 10,034,540 9,296,201 8,541.726 7.664,489 6,806.821 6,465.812 6,253,881 6,552.195 6.901.430 7.267.690 7,652.689 8.056.383 8,479.765 8.923.368 9,388.553 9,875,903 10,386,269 10,920,151 11.373,472 9,607.332 0

0 110,520 0

299.700 0

560,851 0

841,538 6.291.076 762,119 7,098.742 635,951 7.703.073 688,226 8.266,141 745,022 8,873.740 806.589 9,527,238 873,320 10,229,976 945.640 10.985.567 1.024,023 11,798,032 1,108,951 12,671.273 1.200.969 13,609,809 1.300,669 14.618.515 1.408,690 15,702.619 1,525,728 16,867.739 1.652,532 18.119,901 1,789.919 19.465.623 1.938,772 20,911,888 2,100,048 22,466,193 2,274,781 24,136,591 2.464.095 25,931,740 2.669.206 27,860,943 2,891,430 29,934,198 3.132,196 32,162,249 3,356,362 34.376,192 3,565.606 36,550.133 3.725.973 38.362.418 3,849,141 39.948,077 3,880,114 40,747.275 3,543,447 37,600.041 3,183,221 34,135.678 2.835.488 30,731,433 2,464.662 27.004,296 2,119.655 23,480,131 1.953.944 21.866.219 1.835.033 20.741.287 1.871,037 21,342.635 1.918,226 22,080,842 1,966.218 22.840,100 2.015,108 23.621.850 2,064,825 24.425,669 2,115.356 25.251,818 2,166.618 26,099,699 2.218.727 26,971,107 2.271,597 27,865.395 2.325.202 28,782,644 2.379,432 29,721,868 2,411.393 30.397.437 1.969,226 25.105,375 197,430 0

212,485 0

242,878 0

249.389 0

255,762 2,825,688 264.992 2.561,645 269,441 2.246.286 281,583 2,480.449 294.386 2,740,050 307.811 3,027.208 321.884 3,344,820 336,631 3,696.094 352.087 4,084,623 368.272 4.514,237 385,221 4,989.275 402.967 5.514,546 421,549 6.095,361 441,004 6.737,595 461.372 7,447,736 482.695 8.232,980 505,019 9.101.273 528.390 10,061,399 552.855 11.123,070 578,465 12,297.028 605,273 13,595.148 633,335 15.030,565 662,710 16,617.800 693,456 18,176.083 725.638 19,665.454 753.510 20.8a4.702 780,451 21,877,414 796,064 22,315.092 734,578 20,591,521 666.896 18.694.275 600,389 16.829.954 527,573 14.788,801 458.723 12.858,805 427.192 11,974.953 405,215 11.358,888 416,963 11.688,213 431.385 12.092,490 446,219 12.508.295 461.491 12.936.417 477.195 13.376.626 493.335 13.829,063 509,900 14,293,402 526.925 14.770.625 544.396 15.260,379 562.316 15,762.707 580,665 16,277.069 593.863 16.647,042 490.474 13,748,864 1.220,103 1,640,717 2.106,477 2,723,992 12.376.475 13.108,376 13,496,429 14,510,974 15.610.423 16,798.515 18,082.457 19.470.115 20,970,273 22.591.762 24,344,733 26,240.259 28.290.362 30,508,119 32,907,735 35.504.745 38,316,022 41.359.920 44,656.429 48,227,323 52,096,326 56,289,293 60.834.408 65,348,840 69.780,310 73.495.069 76,730.863 78,398.702 72,504.128 65.976.272 59,538,990 52.449.821 45,724.135 42,688,121 40.594,303 41.871,044 43.424,374 45.028.723 46.687.556 48.400.698 50,169,337 51,992.986 53.875.937 55.817.669 57.819,137 59,879,186 61.423.208 50.921,271 0

16.109,984 16.955,758 17,845,936 18.782.847 19.768.947 20.806.817 21,899.174 23,048.881 24.258.947 25,532.542 26,873,001 28.283.833 29,768.734 31,331.593 32,976.501 34,707,768 36.529.926 38,447,747 40,466,253 42,590.732 44,826,745 47,180,149 49.657.107 52,264,105 54.447,886 56.520.414 57,455,706 50.756,934 43.357.026 35,976,238 27.868,262 20.045,739 15,640,839 12,510.413 12,488,712 12.680,169 12.855,968 13,016.685 13.158,842 13,280.050 13,376.072 13.447.302 13,489.144 13.498.315 13,469,254 12,821.670 0

1 23.491,573 6.614.381 61.098,342 0

1.079,735 35,325,786 127,609.8171__

Contribution Pre-Tax Tax Fund Percent Return Rate 1A 0.00%

7.64%

20%

1B 0.00%

10.76%

20.00%

2 0.00%

7.64%

0.00%

3 0.00%

6.08%

0.00%

4 0.00%

4.83%

0.00%

5 100.00%

10.76%

0.00%

Total 100.00%

10.76%

199,901 67,552 587.514 211,506 73.117 630,592 223.829 79.155 676.992 236.893 85.701 726,893 250,739 92,795 780,549 265.414 100,483 838,243 280,963 108,814 900,264 297.436 117,842 966.924 314.886 127.622 1,038,568 333.372 138,219 1.115,567 352,953 149,701 1,198,322 373,696 162,141 1.287.259 395.667 175.619 1.382,842 418.940 190.222 1,485,566 443.591 206.043 1.595,964 469.703 223.185 1.714.608 497,360 241.758 1,842,114 526,655 261,880 1,979.142 557.683 283,681 2,126,401 590.548 307,301 2,284.657 625.768 296,205 2.274,283 663,471 278.452 2.237,989 701,879 253,252 2,165.345 739.580 221,052 2,055,499 774.921 182.064 1,901,644 777.964 174.212 1,839.334 728.523 157.760 1,683.080 673,134 141.111 1,521.444 613,843 124,149 1.352,939 549.015 107.338 1,182,545 498.234 95.631 1,064,951 476.110 89,012 1.001.326 473.251 87,335 992,066 496.754 89,314 1.023,854 523.197 91.557 1.059,154 550.949 93,840 1.095.481 580.082 96.163 1,132.858 610,642 98,525 1,171.280 642,681 100.924 1.210.739 676,261 103.359 1,251.267 711,462 105,833 1,292,886 748.335 108,341 1.335.586 786,935 110.882 1,379,341 824.651 112.872 1,416,898 802.196 102.369 1.297,575

SEABROOK STATION DECOMMISSIONING COST PROJECTIONS Little Bay Power Corp.

Year End rTruslee Fixed Income Equity Legal/Admin Audit/ConslI 1Expenses Taxes Tax "12/31 Fees IManagemen.t Manacement ]Fees

{Expenses Subtotal Decomrm Qualified NonQualified Subtotal TotaI 12/31/90 12/31191 12131/92 12/31/93 12/31/94 12131195 12/31196 12/31/97 12/31198 12/31/99 12/31/00 12/31/01 12/31/02 12/31/03 12/31104 12/31/05 12/31106 12/31/07 12/31/08 12/31/09 12/31/10 12/31111 12/31/12 12/31/13 12/31/14 12/31/15 12131/16 12/31/17 12131118 12131119 12/31/20 12/31121 12/31/22 12/31/23 12/31/24 12/31/25 12/31/26 12/31/27 12/31/28 12/31129 12/31/30 12131/31 12/31/32 12/31/33 12/31/34 12/31/35 12/31/36 12131137 12/31/38 12/31/39 12/31/40 12/31/41 12/31/42 12/31143 12/31/44 12131/45 12/31/46 8.305 7,824 8,158 8,542 8.975 9.459 10.024 10.641 11,312 12,043 12,837 13.701 14.639 15,657 16,763 17,963 19.266 20.680 22,214 23,878 25,685 27.481 29,244 30.724 32.013 32.687 30,390 27,865 25,412 22,777 20,426 19,554 19,154 19.763 20,456 21.663 23,119 24,705 26,438 28.337 30,421 32,720 35,264 38,096 42.527 22.256 21.649 21,772 22,064 22,496 22,883 23.776 24.784 25,857 27,031 28,310 29,758 31.249 32.842 34,570 36.440 38,461 40.643 42,996 45.530 48,295 51.034 53.759 56,085 57,971 58.672 55.158 51,093 47,207 43,156 39,855 39,083 39.292 40,563 41,929 43,354 44,840 46.391 48,010 49.701 51,470 53,321 55,262 57,299 59.493 4,900 4,956 5.445 5.984 6.582 7,201 7,924 8,710 9,585 10,549 11,611 12,750 14,030 15,451 17,018 18,745 20.650 22,750 25,065 27.618 30.408 33.147 35.761 37,885 39,603 40,324 37.153 33,678 30,272 26,560 23,057 21.442 20.310 20,873 21,568 22.282 23,016 23.770 24,544 25.338 26,153 26.988 27.844 28,719 29.338 1.908 1,984 2,064 2,146 2,232 2.321 2.414 2,511 2,611 2,716 2.824 2.937 3,055 3,177 3,304 3.436 3,574 3.717 3,865 4.020 4,181 4,348 4.522 4,703 4.891 5,086 5,290 5.502 5.722 5.950 6,188 6.436 6.693 6,961 7,240 7.529 7,830 8.144 8,469 8,808 9,160 9,527 9,908 10,304 10,716 5,464 3,949 3.892 3,854 3,831 3,822 3,892 3,968 4,050 4.138 4,233 4,333 4,441 4,555 4,676 4,805 4.941 5.085 5,237 5,397 5.565 5,745 5,933 6,143 6,365 6.653 7.236 7,994 8,998 10.534 13.024 15.718 19.232 20,675 22.014 23.468 25,046 26,764 28,641 30.698 32,956 35.446 38.202 41.270 46.071 0

0 0

0 0

0 0

0 0

0 0

0 0

0 0

0 0

0 0

0 0

544,834 764,583 1,976.697 9.450,650 9.790,584 9,394.069 9,724,515 9,032,758 5,114,144 4,048.736 660,022 451.561 476.570 500,219 526,461 554,121 584,810 613.831 646.057 679,975 717.634 1.31 7.830 13.127.342 42,833 40.364 41,331 42.590 44.116 45,687 48,031 50,613 53,416 56,477 59,816 63,479 67,414 71,682 76.331 81.390 86,892 92,874 99.377 106,443 114,134 121,753 674,052 900,123 2,117,540 9,594,273 9,925,811 9,520.202 9,842,126 9,141,735 5,216,694 4,150.968 764,704 560,395 589,777 618.515 650,332 683.895 720,912 756,713 796,2 18 837,978 884,115 1.493,518 13,315,486 51,878 55.489 59,172 63.095 67,275 71.743 76.483 81.542 86.944 92,712 98,871 105,447 112,474 119.981 128.002 136.573 145,733 155.523 165.988 177.177 189.141 183.399 175.755 164,879 151,832 135.051 126.021 115.706 105,338 93,570 82,157 77,231 73.891 76.909 80,515 84.261 88.167 92,243 96.493 100.920 105.534 110.338 115.333 120.520 124,553 51,878 55,489 59,172 63,095 67.275 71.743 76.483 61.542 86.944 92.712 98,871 105,447 112.474 119.981 128,002 136.573 145,733 155.523 165,988 177.177 189.141 183.399 175.755 164,879 151.832 135.051 126.021 115.706 105,338 93,570 82,157 77,231 73,891 76.909 80.515 84,261 88.167 92.243 96.493 100,920 105,534 110.338 115,333 120,520 124.553 94.711 95,852 100,503 105,684 111,391 117.429 124.514 132.155 140.360 149.188 158.686 168.926 179.888 191,664 204.333 217,963 232.625 248.397 265.365 283.620 303.274 305,152 849.807 1,065.001 2.269,372 9,729,324 10.051.832 9.635.907 9.947.463 9.235.304 5.298.851 4.228.199 838.595 637.304 670.292 702.775 738.499 776,138 817,405 857.633 901,752 948,315 999,448 1,614,038 13.440.039 i

9 5 9.7 9 9 1,827,8581 967,557j 230.928 61578.9551 4.565,097 i 80.698,0211 85,263,1181 4,921,857 1 01 4,921,857 90.184.975

SEABROOK STATION DECOMMISSIONING COST PROJECTIONS New England Power Company Ownership:

9.96%

Share of Decommissioning Cost:

As of 12/31/2000

$55,318.562 Year End Contributions I % In 1 Fees/Expenses 12/31 Fund 1A Fund 1B Fund 2 Fund 3 Fund 4 Fund 5 Total Ecu Fund 1A Fund 1B Fund 2 Fund 3 Fund 4 Fund 5 Total 12/31/90 12/31/91 12/31/92 12/31/93 12/31/94 12131195 12131196 12131/97 12131/98 12131/99 12/31/00 12/31101 12/31/02 12/31/03 12/31/04 12/31/05 12/31/06 12/31/07 12/31/08 12/31/09 12/31/10 12/31/11 12/31/12 12/31/13 12/31/14 12/31/15 12/31/16 12/31117 12/31/18 12/31/19 12/31/20 12/31/21 12/31/22 12/31/23 12/31/24 12/31/25 12/31/26 12/31/27 12/31/28 12/31/29 12/31/30 12/31/31 12/31/32 12/31/33 12/31/34 12/31/35 12/31/36 12/31/37 12/31/38 12/31/39 12131140 12/1/431 12/31/42 12/31/43 12131/44 12/31145 12/31/46 10.6%

22.0%

32.0%

41t7%

32.4%

24.4%

26.5%

30.3%

33.8%

37.0%

40.1%

42.1%

44.0%

45.9%

47.7%

49.4%

51.1%

51.3%

51 5%

51.7%

51.9%

52.2%

52.5%

52.8%

53.2%

53.5%

43.0%

32.2%

21.3%

i0.6%

0.0%

0.0%

0.0%

0.0%

0.0%

0.0%

0 0%

0.0%

0.0%

0 0%

0.0%

0.0%

0.0%

0.0%

0.0%

0.0%

0.0%

0.0%

0.0%

0.0%

0.0%

0 3,846 0

9.609 0

9,639 0

9.749 0

9.925 0

10.116 0

10.469 0

10,857 0

11.280 0

11.741 0

12.241 0

12.777 0

15,705 0

18.840 0

22.202 0

25,810 0

29,684 0

33.847 0

38,322 0

43,134 0

48,302 0

53,753 0

382,291 0

533,608 0

1,325,262 0

6,200.401 0

6,390,388 0

6,102,600 0

6,281,420 0

5,802.873 0

3,277.853 0

2,584.723 0

438,620 0

306.584 0

321.388 0

335,266 0

350,625 0

366,654 0

384,356 0

400,822 0

419.018 0

437.993 0

458,952 0

815,529

)

7,623,478 2.860 2,060 6,088 1.946 6,036 5,648 6,032 9.552 6,069 13.744 6,113 18,225 6,252 21,813 6,407 25.781 6,578 30,175 6.767 35.052 6,972 40.469 7,191 46.477 7,415 50.637 7,655 55,231 7.910 60.302 8,181 65,902 8.470 72,085 8.775 78,912 9,098 86,451 9,440 94,776 9,800 103.959 10,183 112,913 68,060 780.280 89,750 1,052,353 211,590 2,509.241 962.002 11,408.353 991.479 11,757,916 946,828 11,228.404 974.572 11.557.422 900.325 10.676.926 508.564 6.031.045 401,024 4.755,729 68,053 807,033 47,567 564.096 49.864 591,334 52,017 616.868 54,400 645,129 56,887 674,620 59,633 707,191 62.188 737,488 65,011 770,968 67,955 805,880 71.207 844,444 126,531 1.500.523 1,213,825 14,394,712 327.877 410,828 438.454 468.483 501,049 535.944 573.089 613,088 656.146 702,516 752,454 806,194 863.780 925,662 992.171 1.063,664 1.140,528 1.223.178 1,312,065 1.407.675 1,510,498 1.491,145 3.327,725 4.018,509 8.098.322 33,642,545 34,679,731 33,173,935 34,164.328 31,629.661 18,019,463 14.278.402 2,576,656 1,862,361 1.954.191 2,041,565 2.137.863 2,238,654 2,349,627 2,454,497 2.570,006 2,690.859 2,824,024 4,888.175 45.430,512 1 1.154.292 0

0 18.815.472 1.191.374 10.896.124 32.057.262 0

1,191,374 0

2,345,666 64 1,246.064 06 1.295,906 43 1,347,743 52 1,401.652 84 844,984 83 878.783 35 913,935 92 950,492 12 988.512 52 1.028,052 0

1,069,174 0

1,111,941 0

1,156,419 0

1,202,676 0

1.250,783 0

1.300,814 0

1.352.847 0

1.406,961 0

1,463,239 0

1,521,769 0

1.582,639 0

1,645.945 0

1.711,783 0

1,038,482 0

0 0

0 0

0 0

0 0

0 0

0 0

0 0

0 0

0 0

0 0

0 u

0 0

0 0

0 0

0 0

0 0

0 0

0 0

0 0

0 1,154.292 0

0 0

0 0

0 0

0 0

0 0

0 0

0 0

0 0

0 0

0 0

0 0

0 0

0 0

0 0

0 0

0 0

0 0

0 0

0 0

0 0

0 0

0 0

0 0

0 0

0 0

0 0

0 1,069,174 1,111.941 1,156.419 1.202.676 1,250.783 1,300.814 1,352.847 1.406,961 1.463,239 1.521,769 1,582,639 1,645,945 1,711.783 1,038.482 0

0 0

0 0

0 0

0 0

0 0

0 0

0 0

0 0

0 0

0 224.818 94,294 243.851 149,333 256,287 160,845 269.726 173,424 284.172 187,139 299.496 201.994 316,229 218.327 334,004 236,039 352.873 255.240 372.900 276,056 394,151 298,621 416,679 323.069 440.499 349,524 465.748 378,187 492.512 409.244 520,877 442.894 550.938 479.352 582,793 518,852 616.547 561.647 652.312 608,012 690.197 658.239 681,715 632.580 1.158,218 938.875 1.328.397 1,014,402 2,375.569 1,676.659 9,036,424 6,035.365 9.435.213 6.104.734 9,160,524 5,735,580 9.562.529 5.788.385 8.996.885 5,252,652 5.252.365 2.949.635 4.239,110 2,297,816 829,142 433,809 625,790 318,324 663.380 328.226 700.369 337.045 740,919 346,790 783,732 356.761 830,701 367.746 876.617 377.382 926,966 388.042 c80.099 398.932 1,038,458 410.963 1.766.109 679.482 16.016.136 5.982,361 0

1.246.O0 0

1,295.9C 0

1,347.74 0

1.401.6E 0

844.9E 0

878.7E 0

913,92 0

950.4E 0

988,51 0

1,028,0' 0

0 0

0 0

0 0

0 0

0 0

0 0

0 0

0 0

0 0

0 0

0 0

0 0

0 0

0 0

0 0

0 0

0 96,782,977 56,132,877 0

52.192,553 8,209,627 96,450,063 309,768,097

SEABROOK STATION DECOMMISSIONING COST PROJECTIONS New England Power Company Contribution Pre-Tax Tax Fund Percent Return Rate 1A 0.00%

7.64%

20.00%

1B 0.00%

10.76%

20.00%

2 0.00%

7.64%

0.00%

3 0.00%

6.08%

0.00%

4 0.00%

4.83%

0.00%

5 100.00%

10.76%

0.00%

Total 100.00%

10.76%

Yea, End Annual Earnings Balances Target 12131 Fund IA Fund 1B Fund 2 Fund 3 Fund 4 Fund 5 Total Fund 1A Fund 18 Fund 2 Fund 3 Fund 4 Fund 5 Total Cost YearEndAnnut Ernins Blancs J Cos 12/31/90 12/31/91 12131/92 12/31/93 12/31/94 12131/95 12131196 12/31/97 12/31198 12/31/99 12/31100 12/31/01 12/31/02 12/31/03 12/31/04 12/31/05 12/31/06 12/31/07 12/31108 12/31/09 12/31110 12/31111 12/31112 12/31/13 12/31/14 12/31/15 12/31/16 12/31/17 12/31/18 12/31/19 12/31/20 12/31/21 12/31/22 12131/23 12/31/24 12/31/25 12/31/26 12/31/27 12/31/28 12/31/29 12/31/30 12/31/31 12/31/32 12/31/33 12/31/34 12/31/35 12/31/36 12/31/37 12/31/38 12/31/39 12/31/40 12/31/41 12/31/42 12/31/43 12131/44 12/31/45 12/31/46 954.611 1,050.545 1.111.667 1.176,468 1.245,152 1.317,944 1,395.069 1,476.765 1,563,300 1.654,957 1.752,037 1.854,857 1.963.759 2,079.103 2.201,269 2.330.657 2.467.694 2.612.831 2,766.545 2.929,341 3.103,811 3,290.565 3,476.683 3,652,346 3,806.666 3,742,922 3,328,136 2,868.693 2.377.551 1,843.316 1,394.084 1.125,640 976.378 992.911 1,019,982 1,046,265 1,071,638 1,095,792 1.118.413 1,139,202 1,157,955 1.174,222 1.187,536 1,180.018 764,959 414,178 666.640 721.642 781,262 845,878 915,906 991,786 1,073,994 1.163,056 1,259,543 1,364,072 1,477,311 1,599,990 1.732,896 1,876,881 2.032.868 2.201,857 2.384.932 2.583,267 2,798,134 2,696,889 2,535.053 2.301,945 2.002.592 1,638.532 1.523,430 1.303.611 1,081,213 854,942 630.479 466,979 363.954 318,945 316,396 316.046 315,228 313,920 312.073 309,628 306,570 302,871 298.473 293,306 280.643 123.578 1,575,341 2,164,714 2,449,149 2,764,234 3.113.097 3.464,046 3,820,134 4,211.229 4,640,763 5,112,512 5.630,624 6,173.216 6.742.704 7.362,593 8,037,398 8,772,049 9,571,934 10,442,942 11,391,508 12,424,669 12,533,121 12,462.303 12.145,289 11.578,728 10.71t,305 10.245,573 8.939.439 7,563,309 6,123.394 4,632,564 3.480,848 2.767,212 2,427,631 2,443.125 2,479,110 2,512,217 2,542,170 2,568,373 2,590,184 2,607,162 2.618,911 2,624,620 2,623,410 2,564,266 1,382,039 5.848,184 6,719.611 7,191,268 7,918.074 7,857.303 10,025.582 11.997.101 13,881,185 14.687,878 15.543.259 16.450.001 17.410.981 18,429,429 19.508,269 20.651,030 21,861,457 23,143,514 24.501,400 25,939,578 27.462.839 29,076.194 30,784.951 32,594.731 34,511.487 36,541,525 38,691,523 40,968,552 43,382,166 45.991,016 48,309.480 50.633,430 52,064,526 46,771.024 40,663.946 34,372.115 27,187.137 20,033,568 16.175.287 13.061.817 13,209.053 13.576.174 13,932,776 14.278,672 14,609,391 14.921,451 15,209,164 15.471,748 15.702,736 15.896.859 16,045,937 15.459,845 208.668 0

801.174 2,021.497 3,658,757 4.984.944 4,633,027 3.899,519 6,275,164 6,792.470 7,353,267 7.961,105 8,619,844 9,333,757 10,107.216 10,945,171 11.852,987 12.836,473 13,901,925 15,056.167 16.306,633 17,661.342 19.128.978 20,718.951 22.441,456 24,307.537 26,329.157 28.519,278 30,557.929 32,460,402 33,823.472 34,811.662 34.773,535 30,261.601 25,460,476 20,806,111 15,872.668 11.250,495 8,767,839 6,833,977 6.719,113 6,717,186 6,705,006 6,683,188 6.650.319 6,605.630 6,547.512 6,476,700 6,391.530 6,291.070 6,173,413 5.774.575 (84,208) 0 0

1,893 20,137 173,792 1,098,527 1,139.651 3.326,775 3.519,120 3.723,129 3,939,429 4,168.697 4.411,707 4.669,129 4.941,801 5,230.614 5,536,510 5,860,489 7,307,681 8.884.002 10,598,854 12.462,265 14,484,923 16,678,221 19,054,304 21,626,112 24,407,432 27,350,080 30,451,153 33,374,420 36,280.734 37.739,586 33,201.647 28.249,511 23,353,353 18,037.147 12.955,043 10,218.004 8,059,852 7.999,287 8.071,262 B.131,526 8,180,464 8,216.008 8,236,825 8,240,485 8,227,428 8,195,071 8.141,682 8,064,210 7.617,152 (41,555) 13,944 15,003 14,680 15,118 15,505 16,069 847.525 2.107.875 2.203,481 2.303,761 2,408.890 2.519,061 2.634,510 2,755.396 2.881.963 3,014.470 3.153,187 3.298,396 3,450.396 3,609,511 3,776,069 3,950.413 4,132.903 4.323.916 4,523.844 4,733,101 4,952.119 5,181.351 5,421.266 5.613.393 5.792,550 5.855.358 5,151.289 4.382.957 3.623,310 2,798,492 2,009.996 1.585.340 1,250,499 1.241,102 1.252.269 1.261.619 1,269,212 1.274.727 1,277,957 1.278,525 1,276,499 1,271,478 1,263,195 1,251,175 1,181.814 0

0 8.324 91,402 769,883 697,602 610,315 673,807 2,061,805 3.647,941 5,455.428 7,509,969 9,192.235 11,087,458 13.219,578 15,615.124 18,303,475 21.317,173 23.561.757 26.043.460 28.787,336 31.821.092 35,175,358 38,884.006 42.984.486 47,518.206 52,530.951 57,451,200 62.152.685 65.819,266 68,693,658 69,438.492 61,088.966 51,977.343 42.968,718 33,187.229 23.836.474 18,800,492 14,829,627 14,718,191 14,850.620 14,961,503 15,051,546 15.116.944 15,155,245 15,161.980 15,137,956 15,078.421 14,980,189 14,837.646 14,015,087 69,165 201,954 213,648 226.048 239.193 253.127 267,890 283,529 300.093 317.638 336.220 390,795 480.084 577,274 682,937 797,684 922.168 1,057.083 1,203,169 1,361.215 1,469,182 1.572.187 1,659,613 1.728.139 1,745.633 1,662,462 1.438,252 1,206,442 965,214 720,769 540,814 426,571 378,055 378,559 381,652 384,204 386,169 387,470 388,016 387,765 386.661 384,605 381.480 368,471 164.771 5,862,128 7,535.788 9,237.662 11,703.488 13.801.427 16.470,808 18,494.111 26.264.806 29,264.756 32,571,357 36.214,852 40.228,552 44,001,638 48.127,467 52.639.542 57.574,651 62.973.159 68.879.382 75.315,579 82.306.445 89.899,795 98.147,698 107.106.866 116.839.087 127.411,697 138.898,100 151.378.333 163.922.725 176.476.522 186.940.032 196,212,033 199.871,498 176.474,526 150,734.234 125.123.608 97.082,673 70,085.576 55.546,962 44.035,772 43.886,747 44.467,511 44.992,430 45,463,082 45,867,389 46.197,108 46,437,666 46,590.330 46.639.235 46.572,996 46.372,381 44.048.473 (0) 0 55,318,562 58,222.787 61.279.483 64.496.656 67,882,730 71,446.574 75.197.519 79,145.389 83,300.522 87,673.799 92,276.673 97,121,199 102,220.062 107,586,615 113.234.912 119.179,745 125,436,682 132.022.107 138,953.268 146,248.315 153,926.351 162.007.485 170,512,878 179.464,804 186.963.483 194,080,142 197.291,754 174.289.469 148.879.621 123.535.424 95,694,210 68.833.180 54,394.369 42.958,332 42.883,817 43.541,241 44,144,900 44.696.771 45,184,914 45,601.116 45,930.838 46,175.429 46,319,105 46.350.597 46,250,806 44.027.130 (0) 1 83,840.253 50,093.389 0

30.074.071 6,164,280 84.867,166 255,039.1591 71,836 65,552 101,694 143,881 106.315 295,877 111,161 469,295 116.240 666,633 121,562 855,507 127.137 1,038,252 132.974 1,243,967 139,086 1,475,228 145,483 1,734,891 152,181 2.026,115 159,192 2,291.061 166.530 2,532.340 174,213 2,799,107 182.254 3,094.058 190,671 3,420,168 199.482 3,780,733 208.704 4,179,392 218,356 228,458 239.032 250,098 260,187 268,907 274.398 257.934 223,147 187,181 149.754 111.829 83.908 66,183 58.656 58,734 59,214 59.610 59.915 60.117 60,201 60,162 59.991 59,672 59,187 57,169 25.564 4,620,171 5.107,521 5.024,207 4,814,399 4.446,861 3.926,745 3,254,076 3,058.826 2.646,294 2.219,779 1.775,933 1,326,171 995.064 784.864 695.597 696,525 702,216 706,911 710,527 712,921 713.925 713,484 711,433 707,649 701,900 677,984 303,167 (6,447)

(76,458)

SEABROOK STATION DECOMMISSIONING COST PROJECTIONS New England Power Company Year End Trustee Fixed Income Equity Legal/Admnin Audit/Conslt ISExpenses Taxes Tax 112131 Frees

{management IManagementl Fees

[Expenses Sutot l

eco.mm Qualified 1NonQualified JSubtotal ITotal 12/31190 12/31/91 12/31/92 12/31/93 12131194 12/31/95 12/31/96 12131/97 12/31/98 12131/99 12/31/00 12/31101 12/31/02 12/31103 12/31/04 12/31/05 12/31/06 12/31/07 12/31/08 12/31/09 12/31/10 12/31/11 12/31/12 12/31/13 12/31/14 12/31/15 12/31/16 12/31/17 12/31/18 12/31/19 12/31/20 12/31/21 12/31/22 12/31/23 12/31124 12/31/25 12/31/26 12/31/27 12/31/28 12/31/29 12/31130 12/31/31 12/31/32 12/31/33 12/31/34 12/31/35 12/31/36 12131137 12/31/38 12131139 12/31/40 12/31/41 12/31/42 12/31143 12/31/44 12/31/45 12131146 11.381 14.162 15.294 16,562 17.975 19,544 21.034 22.668 24.460 26.423 28.575 30.932 33.503 36,296 39,330 42.627 46.209 50,100 54,328 58.922 63,913 68,933 73.958 78.148 81.863 83,333 73.969 63.663 53.404 42,159 31.308 25.444 20.778 20,714 20,947 21.645 22.513 23.412 24.344 25.309 26.307 27.339 28.405 29.502 30.497 29,322 36.868 36.648 36,710 36.992 37,188 38,187 39,337 40.557 41.895 43.355 45.029 48.169 51.497 55,070 58,903 63,013 67,419 72.139 77,195 82.671 88,418 94.543 100.156 105,369 107,880 97,071 84.922 72,632 58.883 45,368 38.022 32.082 32.163 32.643 33.098 33,526 33,921 34.278 34,588 34,850 35.054 35,192 35.252 34,067 7.666 10.870 13,834 17,170 20.936 25.023 28,734 32.828 37,415 42.516 48,184 54,343 59.538 65.287 71,600 78,534 86.149 94.514 103.703 113.799 124.790 135,479 145.&45 153.388 159,334 160,421 140.623 119.206 98,173 75.522 54.012 42.438 33.348 33.000 33.201 33.353 33.458 33,508 33,498 33.419 33.273 33.050 32,744 32,344 30.464 6.552 6,814 7.086 7,370 7.665 7.971 8,290 8.622 8,967 9.325 9,698 10.086 10.490 10,909 11.346 11.799 12,271 12.762 13.273 13.804 14,356 14.930 15.527 16,148 16.794 17.466 18,165 18,891 19,647 20,433 21,250 22,100 22,984 23.903 24.860 25.854 26,888 27,964 29,082 30,246 31.455 32.714 34,022 35,383 36,798 7.488 7.148 7.297 7,472 7.673 7.898 8,167 8.453 8,757 9.080 9,422 9,784 10.163 10,559 10,972 11,403 11.851 12,320 12.808 13.317 13.848 14,410 15.004 15.624 16.277 16.960 17.612 18.264 18.910 19.498 19,962 20.452 20.862 21,670 22,543 23,449 24.3b9 25.363 26,373 27.418 28.500 29.618 30,772 21,961 33.039 G2.408 75.862 80.160 85.284 91.240 97,625 104.413 111.908 120,155 129,240 139,235 150,174 161.863 174,54C 198,318 203.265 219,494 237.115 256.251 277,036 299.578 322.170 344.677 363,464 379.636 386,060 347.440 304,947 262.766 216,494 171,901 148.456 130,055 131,451 134.195 137,399 140,774 144,169 147,576 150.980 154,386 157.775 161.135 164.442 164.864 0

0 0

0 0

0 0

0 0

0 0

0 0

0 0

0 0

0 0

0 0

0 1.870.853 2.625.431 6.787,595 32.451,699 33,618,968 32.257.412 33.392,098 31,016.741 17,560,978 13.902,574 2,266,386 1,550.572 1,636,448 1,717,655 1.807,832 1,902,743 2.008,124 2,107.776 2.218,4B34 2.334.902 2.464.217 4.525,173 45,076.746 62,408 75.862 80.160 85,284 91,240 97,625 104,413 111,908 120,155 129.240 139.235 150.174 161,863 174,549 188,318 203.265 219,494 237,115 256.251 277.036 299,578 322.170 2.215.530 2,988.896 7,167,231 32,837,760 33.966,408 32.562,359 33,654.864 31.233.235 17,732,878 14.051,031 2,396.441 1.682,023 1.770,643 1.855.054 1,948.606 2.046,912 2.155,700 A,258,756 2,372,820 S2,492,677 2.625.353 4.689.615 45,241.610 265.469 334,966 358,295 383,199 409,809 438.319 468,676 501.180 535,991 573,276 613,219 656,020 701.917 751,113 803.853 860,399 921,034 986,064 1.055,814 1,130,639 1.210.920 1.168.975 1.112,194 1,029.613 931.091 804.785 713.323 611.576 509,465 396.426 286.584 227,371 180.216 180.338 183,548 186,511 189.257 191,742 193,927 195.742 197.186 198.182 198.672 198.560 188,901 265.469 334,966 358,295 383,199 409.809 438,319 468.676 501,180 535,991 573.276 613,219 656,020 701,917 751.113 803.853 860,399 921,034 986.064 1.055,814 1.130,639 1,210.920 1.168.975 1,112,194 1.029.613 931.091 804,785 713,323 611,576 509.465 396.426 286,584 227.371 180,216 180.338 183,548 186,511 189.257 191,742 193.927 195.742 197.186 198.182 198,672 198,560 188.901 327,877 410.828 438,454 468,483 501.049 535.944 573.089 613.088 656,146 702,516 752,454 806,194 863,780 925,662 992.171 1.063.664 1,140,528 1,223,178 1,312,065 1,407.675 1.510.498 1,491.145 3,327.725 4.018.509 8.09B.322 33,642.545 34.679,731 33.173.935 34,164.328 31,629.661 18,019,463 14.278,402 2.576.656 1.862.361 1.954.191 2.041.565 2,137,663 2.238.654 2,349,627 2.454,497 2.570,006 2,690.859 2.824.024 4,888,175 45,430,512 1 1.672.135 1 2.372.1431 2.850.3341 792,9601 744.8101 8.432.382 i 277.101.3591 285.533,740 24.234,357 0

24,234,.3571 309.768.097

SEABROOK STATION DECOMMISSIONING COST PROJECTIONS New Hampshire Electric Cooperative Ownership:

2.17%

Share of Decommissioning Cost:

As of 1213112000

$12,076.891 Year End Contributions

% In [

Fees/Expenses 12/3 1

Fund 1A Fund 18 Fund 2 Fund 3 Fund 4 Fund 5 TotalI Equ Fund 1A Fund 1B Fund 2 Fund 3 Fund 4 Fund 5 Total 12/31/90 12/31191 12/31/92 12/31/93 12/31/94 12/31/95 12/31/96 00%

12/31/97 0.0%

12/31/98 0.0%

12/31/99 0.0%

12/31/00 0.0%

12/31/01 0.0%

12/31/02 0

0 469.625 0

0 0

469.625 0.0%

0 0

11,633 0

0 0

11.633 12/31/03 0

0 0

0 0

240.232 240.232 4.0%

0 0

11.918 5,167 0

0 17,085 12/31/04 0

0 0

0 0

249,842 249.842 7.7%

0 0

12.024 5,137 0

711 17.872 12/31/05 0

0 0

0 0

259.835 259,835 11.1%

0 0

12.239 5.153 0

1.447 18,839 12/31106 0

0 0

0 0

270,229 270.229 14.4%

0 0

12.550 5.207 0

2,223 19,980 12131107 0

0 0

0 0

169.601 169,601 16.4%

0 0

12,887 5,269 0

3,042 21.199 12/31/08 0

0 0

0 0

176,385 176,385 18.3%

0 0

13.466 5.426 0

3,695 22.587 12/31109 0

0 0

0 0

183,440 183,440 20.2%

0 0

14.111 5,604 0

4.414 24,129 12/31110 0

0 0

0 0

190,778 190.778 22.0%

0 0

14,814 5.797 0

5.204 25.815 12/31111 0

0 C

0 0

198.409 198.409 23.7%

0 0

15,583 6.010 0

6,078 27,672 12/31/12 0

0 0

0 0

206.345 206,345 25.4%

0 0

16,425 6,243 0

7,046 29,714 12/31/13 0

0 0

0 0

214.599 214,599 27.1%

0 0

17,350 6,499 0

8.123 31.972 12/31/14 0

0 0

0 0

223.183 223,183 286%

0 0

18,340 6.770 0

9.311 34.421 12/31/15 0

0 0

0 0

232,110 232,110 30.2%

0 0

19.412 7.062 0

10.628 37,102 12131116 0

0 0

0 0

241,394 241,394 3117%

0 0

20.577 7,377 0

12.092 40.047 12/31/17 0

0 0

0 0

251.050 251,050 33.2%

0 0

21,841 7.716 0

13,721 43.278 12/31/18 0

0 0

0 0

261.092 261,092 34.6%

0 0

23.210 8.081 0

15,532 46.823 12/31/19 0

0 0

0 0

271,536 271,536 36.0%

0 0

24.691 8.472 0

17,546 50,710 12/31/20 0

0 0

0 0

282,397 282.397 374%

0 0

26.293 8,891 0

19.787 54,970 12/31/21 0

0 0

0 0

293,693 293.693 38.7%

0 0

28,023 9.338 0

22,279 59,640 12/31/22 0

0 0

0 0

305,441 305,441 31.9%

0 0

29,891 9,817 0

25,051 64,759 12/31/23 0

0 0

317,659 0

0 317.659 24.0%

0 0

31.755 10.307 0

27.847 69.909 12/31/24 0

0 0

330,365 0

0 330.365 16.0%

0 0

216,473 73.654 0

193.177 483,304 12/31/25 0

0 0

343.580 0

0 343.580 8.0%

0 0

288.612 102.922 0

260,602 652.136 12/31/26 0

0 0

208.438 0

0 208.438 0.0%

0 0

685.374 256.289 0

622.549 1,564.211 12/31/27 0

0 0

0 0

0 0

0.0%

0 0

3,125.784 1.203,287 0

2,839,258 7,168.330 12/31/28 0

0 0

0 0

0 0

0.0%

0 0

3,233,329 1,244.687 0

2,936.945 7.414,962 12/31/29 0

0 0

0 0

0 0

0.0%

0 0

3,099,781 1.193.277 0

2,815.638 7.108.696 12/31/30 0

0 0

0 0

0 0

0.0%

0 0

3,203,897 1,233.357 0

2,910,210 7.347.464 12/31/31 0

0 0

0 0

0 0

0.0%

0 0

2.973.494 1.144.662 0

2,700.927 6.819.083 12/31/32 0

0 0

0 0

0 0

0.0%

0 0

1.688.427 649.969 0

1,533,657 3.872.054 12/31/33 0

0 0

0 0

0 0

0.0%

0 0

1.337,994 515,068 0

1.215,347 3,068.409 12/31/34 0

0 0

0 0

0 0

0.0%

0 0

228.567 87,988 0

207,615 524,170 12/31/35 0

0 0

0 0

0 0

0.0%

0 0

160.541 61.801 0

145.825 368.167 12/31/36 0

0 0

0 0

0 0

00%

0 0

168,955 65,040 0

153.468 387,462 12/31/37 0

0 0

0 0

0 0

00%

0 0

176,968 68,125 0

160,746 405.839 12/31/38 0

0 0

0 0

0 0

0.0%

0 0

185,849 71,544 0

168,813 426,206 12/31/39 0

0 0

0 0

0 0

0.0%

0 0

195,180 75,136 0

177,289 447,605 12/31/40 0

0 0

0 0

0 0

0.0%

0 0

205.507 79.111 0

186,669 471,286 12/31/41 0

0 0

0 0

0 0

0.0%

0 0

215,284 82,875 0

195,550 493,708 12/31/42 0

0 0

0 0

0 0

0.0%

0 0

226.105 87,040 0

205,379 518,525 12/31143 0

0 0

0 0

0 0

0.0%

0 0

237.475 91,417 0

215,706 544.598 12/31/44 0

0 0

0 0

0 0

0.0%

0 0

250.060 96,262 0

227,138 573,459 12/31145 0

0 0

0 0

0 0

0.0%

0 0

446,522 171,891 0

405,591 1,024,004 12/31/46 0

0 0

0 0

0 0

0.0%

0 0

4.306.919 1,657,971 0

3,912,124 9,877.014 i

0 0

469,625 1.200.042 0

4.721.591 6,391,25706 00 27.266,130 10.458,714 0

24,606,004 6,3,4

SEABROOK STATION DECOMMISSIONING COST PROJECTIONS New Hampshire Electric Cooperative Year End Annual Earnings Balances 12/31 Funid 1A Fund 1B Fund 2 Fund 3 Fund 4 Fund5 Total Fund 1A Fund 1B Fund 2 Fund 3 Fund 4 Fund 5 Total 12/31/90 12/31/91 12/31/92 12/31/93 12/31/94 12/31/95 12131196 12/31/97 12/31/98 12131/99 12/31100 12/31101 12131/02 12/31/03 12131104 12/31/05 12/31/06 12/31/07 12131108 12/31109 12/31/10 12/31/11 12/31/12 12/31/13 12/31/14 12/31/15 12131/16 12/31/17 12/31/18 12131/19 12/31/20 12/31/21 12/31/22 12/31/23 12/31/24 12/31/25 12/31/26 12/31/27 12/31/28 12/31/29 12/31/30 12131/31 12/31/32 12/31/33 12/31/34 12/31/35 12/31/36 12/31/37 12/31/38 12/31/39 12/31/40 12/31/41 12/31/42 12/31/43 12/31/44 12/31/45 12/31/46 0

268,811 0

305,111 0

327,507 0

351,601 0

377,516 0

405,385 0

435,348 0

467,554 0

502,168 0

539,370 0

579,353 0

622,323 0

668,503 0

718,131 0

771,465 0

828,782 0

890,376 0

956,567 0

1,027,697 0

1,104,133 0

1,099,070 0

1.081,480 0

1,044,888 0

988,936 0

909,489 0

856,905 0

744,478 0

627,687 0

505.530 0

381.132 0

289.261 0

230,759 0

206.085 0

206,767 0

208.782 0

210,498 0

211,887 0

212,903 0

213,491 0

213.623 0

213.261 0

212.345 0

210,804 0

203.802 0

91,763 0

105,260 111.347 117,804 124,651 131,911 139,606 147,758 156.395 165,544 175,237 185,503 196,378 207,896 220,097 233.019 246,705 261,201 276,553 292,813 297,304 310.129 327,730 341,649 345,511 329,870 286.591 241.631 194.606 146,719 111.352 88,832 79.334 79.596 80.372 81,032 81,567 81,958 82,184 82,235 82,096 81,743 81,150 78,455 35.324 0

13,783 41.626 73,442 109,699 144,519 178.343 216,478 259,410 307,677 361,878 422,672 490.793 567,052 652,347 747,673 854,131 972,942 1,105,454 1,253.163 1,261.533 1,220.854 1.127,859 996,278 826,120 778,356 676,235 570,150 459,190 346,195 262.745 209,606 187,194 187,813 189,643 191,202 192,464 193,387 193,921 194,041 193,712 192,880 191.480 185,120 83.351 268,811 424,154 480,479 542,847 611,865 681,816 753,297 831,790 917,973 1,012,592 1,116,468 1,230,499 1,355,673 1,493,079 1,643,909 1,809,473 1,991.212 2,190.709 2,409.704 2,650.108 2,657,908 2,612,463 2,500,477 2.326,863 2.081,119 1.965,131 1.707.303 1,439,468 1.159.326 874,045 663,358 529,197 472,613 474,176 478,797 482.732 485,919 488.248 489,596 489,898 489,069 486.969 483.434 467.377 210.438 694,261 888,995 1.185.774 1,558.882 1,894,089 2,566,934 3,273.183 3,999.986 4,293,180 4,608,663 4,948.025 5,312,991 5,705,488 6,127,370 6,580,813 7,068,167 7,591,954 8.154.882 8,759,855 9,410,018 10.108.737 10,859,625 11.666.565 12.533,731 13,465,607 14.467,011 15,543.121 16.612.300 17,662,025 18.490.440 19,190,765 19,414.879 17,146,000 14.657,148 12,185,054 9,486.687 6,894,325 5,495,158 4,387,923 4,365,441 4,411,667 4.451.494 4,485,023 4,511,061 4,528,784 4,536.768 4.535.107 4.522,262 4,497,133 4,457,877 4,215.156 (0) 0 0

0 0

0 0

0 1,734.024 1,834,118 1,940,327 2.052.978 2,172,422 2.299,064 2.433,244 2,575,398 2.725.996 2,885.530 3,054.524 3.233,529 3,423,136 3,623,971 3,836,691 4,061,993 4,300,617 4,553,346 4,821,009 5,104.483 5,391.971 6,009,452 6,593.893 7,176.200 7,473.860 6,600,443 5,642.346 4.690.701 3,651,950 2,654,007 2,115,390 1,689,154 1.680,500 1.698,294 1,713,626 1,726,533 1,736,557 1,743,379 1,746,453 1,745,813 1,740,869 1,731,195 1,716.083 1,622,647 (0) 0 0

0 0

0 0

0 0

254.015 544,771 876,602 1,254,306 1,565,383 1,916.416 2,311.920 2,756.903 3.256.911 3,818,088 4,447.236 5.151,901 5,940,435 6,822,084 7.807,086 8,906,777 10,133.709 11,501,773 13,026.350 14,568.273 15,761,279 16,695,962 17,431.638 17,635,209 15,574.307 13,313,596 11.068,108 8,617,087 6,262,355 4,991,443 3,985,703 3,965,282 4,007,270 4.043,446 4.073.902 4,097,554 4.113,651 4,120,904 4,119,395 4.107,728 4.084,902 4,049.244 3,828,773 (0) 694,261 888,995 1,185,774 1.558.882 1,894,089 2.566.934 3,273,183 5,734,010 6,381,313 7,093,761 7,877.604 8,739,719 9,569,936 10,477,030 11,468,131 12,551,066 13,734.395 15,027,494 16,440,620 17.985,055 19.673,142 21,518,399 23.535.644 25,741,126 28,152,662 30,789,793 33,673,955 36,572,544 39,432.757 41,780,295 43,798,602 44,523.948 39,320,749 33,613,091 27,943,863 21,755,725 15,810,687 12,601,992 10.062,779 10.011.223 10.117,231 10.208,566 10,285,459 10,345,172 10,385,814 10,404,124 10.400,314 10,370,858 10,313,229 10,223,204 9,666,576 (0) 0 0

23.523.322 7.524,649 0

19.884.413 50.932.384 Contribution Pre-Tax Tax Fund Percent Return Rate 1A 0.00%

7.64%

0%

1B 0.00%

10.76%

0.00%

2 0.00%

7.64%

0.00%

3 0.00%

6.08%

0.00%

4 0.00%

4.83%

0.00%

5 100.00%0 10076%

0.00%

Total 100.00%

1076%

Target Cost 0

12,076,891 12,710,928 13,378,252 14,080,610 14,819.842 15,597,884 16,416,772 17,278.653 18.185,782 19.140,536 20,145,414 21,203,048 22,316.208 23,487.809 24.720,919 26.018,767 27,384,753 28.822.452 30,335.631 31.928,252 33,604,485 35,368,720 37.225,578 39,179,921 40.816,998 42.370,674 43.071,818 38,050.066 32.502,706 26.969,679 20.891.515 15.027.340 11.875,126 9,378.463 9.362J195 9,505.721 9,637.509 9,757,991 9,864,560 9,955,423 10,027,407 10,080,805 10,112,172 10,119,047 10.097.261 9,611,798 (0)

SEABROOK STATION DECOMMISSIONING COST PROJECTIONS New Hampshire Electric Cooperative Year End 12/31 12/31/90 12131/91 12131/92 12131193 12/31/94 12/31/95 12/31/96 12/31/97 12/31/98 12/31/99 12/31/00 12131/01 12/31/02 12131/03 12/31/04 12/31/05 12/31/06 12/31/07 12/31/08 12/31/09 12/31/10 12131111 12/31/12 12/31/13 12/31/14 12131/15 12/31/16 12/31/17 12131/18 12/31/19 12/31120 12/31/21 12/31/22 12/31/23 12/31/24 12131/25 12131/26 12131/27 12/31/28 12/31/29 12131/30 12131131 12/31/32 12/31/33 12/31134 12/31/35 12/31/36 12/31/37 12/31/38 12/31/39 12/31/40 12/31/41 12/31/42 12/31/43 12/31/44 12/31145 12/31/46 Trustee Fixed Income Equity Legal/Admin Audil/Consit Expenses Taxes Tax Fees IManagement IManagement Fees Expenses

'Subtotal Decomrn jQualified JNonQualified SubtotalI Total 2,014 3.092 3,335 3.607 3.910 4,246 4.575 4.935 5.329 5.760 6.232 6.749 7.313 7.931 8.607 9,346 10,154 11,038 12.004 13.061 14.217 15.380 16,526 17.466 18,273 18.563 16.481 14.197 11,927 9,448 7,063 5,773 4,748 4.725 4.766 4.911 5.093 5,281 5.473 5.670 5,873 6.079 6.290 6,504 6,693 6.863 10.944 11.002 11,146 11.360 11,551 11,999 12.503 13,041 13.629 14,270 14,995 15,742 16,540 17.405 18,341 19,353 20,445 21,621 22,889 24,271 25.629 27,338 28,779 29,968 30.324 27,079 23,519 19,979 16,110 12,377 10,342 8.715 8,662 8.710 8,748 8.776 8,794 8.798 8,789 8.764 8,723 8,663 8,582 8.198 0

0 397 850 1,368 1,946 2,428 2.968 3.580 4,267 5,040 5,891 6,856 7,942 9.157 10,515 12,033 13.727 15,617 17.724 20.056 22.426 24,263 25.701 26.834 27,147 23.975 20.495 17,038 13.265 9,640 7,684 6.135 6.104 6.169 6.224 6.271 6,308 6.332 6.344 6,341 6,323 6,288 6.233 5.894 1.430 1,488 1.547 1,609 1.673 1.740 1,810 1.882 1,958 2.036 2,117 2,202 2.290 2,382 2.477 2.576 2.679 2,786 2,898 3,014 3,134 3,259 3,390 3.525 3.666 3,813 3.966 4.124 4,289 4,461 4.639 4.825 5.018 5,218 5,427 5,644 5,870 6,105 6.349 6,603 6,867 7,142 7,428 7,725 8,034 1.325 1,561 1.591 1,627 1,669 1,716 1,776 1,840 1,908 1.979 2,055 2,135 2.219 2,307 2.401 2.500 2.604 2,714 2.830 2,952 3,080 3.215 3,352 3.492 3.633 3.778 3.924 4.073 4,223 4.369 4.503 4.640 4.767 4.943 5.129 5.320 5.518 5.721 5.929 6,143 6.362 6.586 6,814 7,046 7.250 11,633 17,085 17.872 18.839 19.980 21,199 22.587 24,129 25.815 27.672 29.714 31,972 34,421 37,102 40.047 43,278 46,823 50.710 54,970 59,640 64,759 69,909 74.868 78,964 82.375 83,626 75,425 66.408 57.456 47.652 38.223 33.263 29,383 29.653 30,201 30.848 31.529 32,207 32,882 33,548 34,207 34.853 35,483 36.090 36.069 0

0 0

0 0

0 0

0 0

0 0

0 0

0 0

0 0

0 0

0 0

0 408,436 573.172 1.481.836 7,084,704 7.339.537 7.042,288 7.290.007 6.771.431 3.833,831 3.035.145 494.787

,38,514 357.262 374,991 394.678 415,398 438.404 460,160 484,318 509.745 537,976 987,915 9.840.945 11.633 17,085 17,872 18.839 19,980 21,199 22,587 24.129 25,815 27.672 29.714 31.972 34.421 37,102 40.047 43,278 46,823 50,710 54,970 59,640 64,759 69,909 483.304 652,136 1,564,211 7.168,330 7.414.962 7,108,696 7,347,464 6,819.083 3,872,054 3,068.409 524.170 368,167 387,462 405.839 426.206 447.605 471,286 493,708 518,525 544.598 573.459 1,024.004 9,877.014 1

370.6561 684.277 441.7981 173,1151 165.5231 1,835,3691 60.495,4791 62.330,8481 01 0

0 62,330.848 11,633 17,085 17.872 18,839 19.980 21.199 22,587 24.129 25.815 27.672 29,714 31,972 34,421 37.102 40,047 43,278 46,823 50.710 54.970 59,640 64.759 69,909 483.304 652,136 1.564,211 7,168,330 7.414,962 7,108,696 7,347.464 6.819.083 3,872.054 3.068,409 524,170 368,167 387,462 405.839 426.206 447,605 471,286 493,708 518.525 544,598 573,459 1.024,004 9,877,014 I

I I

I I

I I

I I

I I

I

SEABROOK STATION DECOMMISSIONING COST PROJECTIONS North Atlantic Energy Corporation Ownership:

35.98%

Share of Decommissioning Cost:

As of 12/31/2000

$199.893,656 Year End Contributions96

% In JFees/Expenses 12,31 Fund IA Fund 1B Fund 2 Fund 3 Fund 4 Fund 5 Tolal Equ Fund 1A Fund 1B Fund 2 Fund 3 Fund 4 Fund 5 Total 12131/90 12/31/91 12/31192 12/31/93 12/31/94 12f31/95 12/31/96 12/31/97 12/31/98 12/31/99 12/31/00 12/31/01 12/31/02 12/31/03 12/31/04 12/31/05 12131/06 12131/07 12/31/08 12/31/09 12/31/10 12/31/11 12/31/12 12/31/13 12/31/14 12/31/15 12/31/16 12/31/17 12131/18 12/31/19 12131/20 12/31/21 12/31/22 12/31/23 12/31/24 12/31/25 12/31/26 12/31/27 12/31/28 12/31/29 12/31/30 12/31/31 12/31/32 12/31133 12/31134 12/31/35 12/31136 12/31/37 12/31/38 12/31/39 12/31/40 12/31/41 12/31142 12/31/43 12131/44 12/31/45 12/31/46 7,599,933 0

0 0

0 0

0 0

0 0

0 0

0 0

0 0

0 0

0 0

0 0

0 0

0 0

0 0

0 0

0 0

0 0

0 0

0 0

0 0

0 0

0 0

0 0

5.942.055 6.179,737 6.426.927 6,684,004 3.803.229 3.955,358 4,113.573 4.278,116 4.449,240 4,627,210 4.812,298 5.004.790 5.204,982 5,413.181 5.629.708 5,854,897 6,069.092 6,332.656 6,585,962 6,849.401 7,123.377 7.408.312 7,704,644 4,674,151 0

0 0

0 0

0 0

0 0

0 0

0 0

0 0

0 0

0 0

0 7,599,933 5,942.055 6.179.737 6.426,927 6.684,004 3,803,229 3,955,358 4,113,573 4.278,116 4.449,240 4,627,210 4,812.298 5.004,790 5,204,982 5,413,181 5.629,708 5,854,897 6.089,092 6.332.656 6,585.962 6,849.401 7,123,377 7.408.312 7,704,644 4,674,151 0

0 0

0 0

0 0

0 0

0 0

0 0

0 0

0 0

0 0

0 12.6%

31.5%

45.5%

57.6%

57.7%

45.5%

66.6%

63.3%

60.5%

58.2%

56.1%

55.4%

54.8%

54.2%

53.8%

53.3%

53.0%

52.7%

52.4%

52.2%

52.0%

51.9%

51.8%

51.7%

51 6%

51.6%

41.1%

30.6%

20.2%

9.9%

0.0%

0.0%

0.0%

0.0%

0.0%

0.0%

0.0%

0.0%

0.0%

0.0%

0.0%

0.0%

0.0%

0.0%

0.0%

0.0%

0.0%

0.0%

0.0%

0.0%

0.0%

534.402 549,868 579,418 610,824 644.216 679,374 717.521 757.953 800,817 846,256 894,419 945,428 999,487 1.056.782 1,117,501 1,181.844 1.250.023 1,322.262 1.398.799 1.479,887 1.565.776 1,546.410 2.591,435 2,969.812 5.289.990 20,091,993 21,078,425 20,567,512 21,579,523 20.415,469 11,995.029 9,735,654 1,926.571 1,463.636 1,556.744 1,649.166 1,750.638 1.858.211 1,976,436 2,093.064 2,221,160 2,356,912 2.506,303 4,275.968 38,925,808 616,720 1,415,147 1,527,201 1,648,697 1,780,465 1,922,677 2,078,552 2,247.396 2,430,323 2.628,503 2,843,204 3,075,716 3,327.607 3.600,513 3,896,178 4,216,497 4,563,522 4,939,476 5,346,769 5,788.012 6,265,987 6,021,283 8.829,951 9.527,230 15,673,014 56,303,643 57.229.611 54.048.158 54,834,921 50.050,269 28.299,139 22,177,913 4,237.872 3,130.356 3,238,657 3,337.186 3,445,586 3,557,064 3,679,483 3.789,380 3.910,403 4,034,701 4.171,526 6,919,119 61,153,227 8

7 7

7 7

8 8

9 9

10 10 11 11 12 13 14 14 15 16 17 18 20 130 174 413 1,882 1.950 1,872 1,937 1,800 1,023 811 139 97 103 107 113 118 125 131 137 144 151 270 2,604 683 590 16.904 33,722 51,177 69,101 80.965 93.548 106.934 121.194 136.405 152,589 169,876 188,370 208,166 229.363 252.066 276,389 302,451 330,378 360,264 391,506 2,664,489 3,658,159 8,941,937 41.547,069 43,036,807 41.314,469 42.754,583 39,726.252 22,582,057 17.908.805 3,061.049 2,150,614 2,263,749 2,371,315 2,490,278 2,614.991 2.752.708 2,882,694 3,026,235 3.176.609 3,342,678 5.964,198 57.471,378 10.533 9,499 10,136 10.840 11,620 12.430 13.461 14.594 15,841 17,214 18,726 20,383 22,209 24,223 26,444 28,893 31,593 34.572 37,659 41,484 45.479 49,370 333.361 450.757 1.076.672 4,909.906 5,085.959 4,882.418 5,052,607 4,694,728 2,668,679 2,116,408 361.745 254.153 267.523 280,235 294,294 309.032 325.307 340,668 357,631 375,402 395,027 704.831 6,791,793 1,162,346 1.975,110 2,133,666 2,304.091 2,487,485 2.683.589 2.890,507 3.113,498 3,353.924 3,613,177 3.892,765 4,194.127 4.519.190 4,869,900 5.248,301 5,656,610 6.097,219 6.572,715 7,085.894 7,639,778 8.237,525 8,008.588 14,419,366 16,606.132 30.982,026 122.854.493 126.432,752 120,814,429 124,223,570 114,888,517 65.545,927 51,939,591 9.587.376 6,998.856 7.326.776 7,636,009 7,980.908 8,339.416 8,734,059 9.105,937 9,515,566 9.943.767 10.415.685 17,864.386 164,344,809 i

0 7,599,933 0

135.146,900 0

0 142.746,833 1222,354,726 537,758,855 16,480 361,275,762 0

42.836,537 1,164,242,360n

SEABROOK STATION DECOMMISSIONING COST PROJECTIONS North Atlantic Energy Corporation Year End Annual Earnings Balances1 Target 12/31 Fund 1A Fund 1B Fund 2 Fund 3 Fund 4 Fund 5 Total Fund 1A Fund 1B Fund 2 Fund 3 Fund 4 Fund 5 Total Cost 12/31/90 12131/91 12/31/92 12/31/93 12/31/94 12/31/95 12/31/96 12/31/97 12131/98 12/31/99 12131/00 12M31/01 12/31/02 12/31/03 12131/04 12/31/05 12t31/06 12131/07 12t31/08 12/31/09 12131/10 12/31111 12/31/12 12/31/13 12/31114 12/31/15 12131/16 12/31/17 12/31/18 12/31119 12/31/20 12/31/21 12131/22 12/31/23 12/31/24 12/31/25 12/31/26 12/31/27 12/31/28 12/31/29 12131/30 12/31/31 12/31/32 12/31/33 12/31134 12/31/35 12/31/36 12/31/37 12/31/38 12/31/39 12/31/40 12/31/41 12/31/42 12/31/43 12/31/44 12/31/45 12/31/46 0

336,016 0

371,098 0

409,969 0

452.951 0

500,477 0

553,032 0

611,141 0

675.387 0

746,416 0

824.947 0

911.773 0

1.007.770 0

1,113.908 0

1.231,259 0

1,361.009 0

1.504.467 0

1.663.084 0

1.838.462 0

2,032,371 0

2,246,773 0

2.210.146 0

2.117.874 0

1,956.585 0

1,728,412 0

1,433,329 0

1,350.957 0

1.174.414 0

990,697 0

798,227 0

601.954 0

456.838 0

364.312 0

325.245 0

326.277 0

329.415 0

332,075 0

334,215 0

335.761 0

336,629 0

336,777 0

336.149 0

334,649 0

332.170 0

321,082 0

144.372 5,359.185 9,308.930 10.391.991 11,568,171 12,844,838 14,127,249 15.427.825 16,834,808 18,356,614 20.002,322 21,781,728 23,705,414 25.784,795 28,032.188 30.460.881 33,085.223 35,920,702 38,984.042 42.293,302 45,867,984 45.813.725 45.115.315 43,561,954 41,160.913 37.733,072 35.870,750 31.249,825 26,418.445 21,376.345 16.197.906 12.258,944 9,793,319 8.659,387 8.693,733 8,793.281 8,881.545 8,957,496 9,019.113 9,064.160 9.091.215 9.098.855 9.084,349 9.044,684 8,795,785 4.512,098 15.128.010 0

16,606,909 2,515,138 17,620,044 3.177,878 18,893,450 13,568,039 18.299.592 20,238,624 20,920,795 25.165.399 29.778.566 21.903,536 31.497.379 59.739,711 33,331,411 64,671,366 35,274,805 70,015.182 37.333,982 75,805,528 39.515,722 82.079,586 41,827.551 88,878.362 44,276,295 96.243.868 46,870.038 104,223.371 49.617,323 112.868,046 52.527,204 122,233,339 55,609,265 132,379.317 58,873,700 143,371,151 62.331.267 155,279.363 65,993.353 168,180.336 69,872,018 182.156,825 73,980.038 197.298,487 78.330.941 213,702,457 82.939.359 231,473,970 87,819,568 250,727,037 92,988,543 271,585.176 98,467,684 291,001.417 104.390.144 309.121.424 109,691.262 322.217,248 115.015.795 331.771.991 118,375.553 331,722.942 106.805,369 289.985,121 93,339.159 245.280.500 79,368.319 201,679.874 63,291.799 155.165,258 47.181,335 111.312.036 38,479,273 87.656.152 31,430,458 69,137.499 31,855.113 68.130.230 32.787,176 68,210,586 33.694,920 68.183,709 34,577,194 68.054 445 35,422.764 67.807.717 36,222.567 67.434.693 36,962,179 66,918.044 37,638.638 66.263.678 38,235,353 65,453.526 38,738.379 64,476.69S 39,126.562 63,312,292 37,728.754 59,272.631 673,950 (605.587) 0 343.289 0

859.998 0

355.736 0

378,317 0

368,371 125.201 403,263 2,252 202,830 2,416 214,457 2.594 6,362,869 2,785 13,113,697 2,991 20.512.866 3,211 28.609,346 3.448 34,204.791 3.703 40.285,282 3,977 46,885,851 4,272 54,043.825 4,588 61.798.988 4,928 70,193,734 5,294 79.273,299 5,686 89.085.824 6,108 99.682.578 6,562 111,118,166 7.049 123,450.744 7,572 136,742,236 8.135 151.058,572 8.739 166,469.943 9,389 183,051,060 10.035 200,415.967 10.668 218,534,464 11,169 235.064,698 11,593 251,166,769 11,730 258,924,464 10,365 228.809,039 8.866 195,709.988 7.374 162.778,684 5.743 126.778,605 4.174 92.146.022 3,326 73.429,674 2,655 58.603,638 2.641 58.294.776 2.668 58,905.083 2,692 59,428,805 2.712 59.867.471 2.727 60,205.280 2,738 60.431.458 2,742 60,527,270 2.740 60,494.348 2,732 60,312.565 2.717 59.967.716 2,692 59,435.820 2.545 56,188.584 (3)

(61.136) 0 0

5.107.409 2.500,390 5,139,641 4.088,992 3,128,444 3.453.927 3.815,526 4.215,359 4.657,469 5.146,327 5.686,928 6,284,608 6.945,401 7.675,977 8.483,711 9,376,758 10,364,144 11.455,842 12,662.878 13,997,443 15,473,018 17,104,508 18.908.397 20,902.910 23.108,199 25,272,866 27.341,370 28,964,595 30.242.250 30,598,906 27,039,957 23.128,411 19,236.690 14,982,310 10,889,537 8,677,696 6.925.600 6.889.099 6.961.224 7,023,115 7,074.956 7.114.877 7,141.606 7.152.929 7.149.038 7.127.556 7,086.802 7.023.945 6,640,196 (7.225) 15,471.299 19.982.045 26,261.067 35,340.196 44.046.228 50.703.651 55,015.628 94,907.891 108,183,766 122.621,828 138.312,835 155,354,191 170,601,080 187,093.756 204,928,638 224,209.444 245,047.829 267.564.003 291,887,588 318.157.983 346.525.253 377,151.014 410,209.335 445,887,715 484,388.134 525,928.198 570,742.366 615,167.968 659.398,071 695.948.972 728.208.397 739.633.594 652,649,851 557,466,924 463.070,941 360.223,715 261,533,104 208.246,121 166.099,848 165.171.860 166.866,737 168,333,242 169,576,777 170.553.366 171,233.062 171.563,164 171.548.442 171.131.731 170.272,313 168.901,311 159.832,710 0

0 199,893,656 210,388,073 221,433,447 233,058,703 245,294,285 258.172.235 271,726.277 285,991.906 301,006.481 316,809.322 333,441,811 350,947.506 369,372,250 388.764,293 409,174.419 430.656.076 453.265.520 477,061.960 502,107,712 528.468.367 556.212.957 585.414,137 616,148,379 648,496.169 675.592,650 701,308,703 712.913,863 629.795.094 537.976.593 446,395.326 345.791.081 248.728.735 196.554.084 155.229.958 154.960,696 157.336.300 159,517.623 161.511.807 163.275,711 164.779.657 165.971,108 166.854,938 167.374,113 167.487,908 167,127,314 159,092,060 (0) 193.250.110 479.554,308 14.225 225.864,896 0

39.700.869 938,384.4081i Contribution Pre-Tax Tax Fund Percent Return Rate 1A 0.00%

7.64%

20.00%

1B 0.00%

10.76%

20.00%

2 0.00%

7.64%

0.00%

3 0.00%

6.08%

0.00%

4 0.00%

4.83%

0.00%

5 100.00%

10.76%

0.00%

Total 100.00%

10.76%-_

2.253,216 2.757.472 2,383,900 6.346,801 2,522.811 6.871.018 2.670.001 7,439.042 2.825.956 8.054.523 2.991.203 8.721.453 3J166.265 9,444,058 3.351.695 10.226,899 3,548.103 11.074.999 3.756,136 11,993.795 3,976.481 12,989.183 4.209.863 14.067,550 4,457.054 15.235.819 4.718.868 16,501.485 4,996,166 17,872.667 5.289.864 19.358,159 5.600,927 20,967.492 5.930.380 22,710.989 6.279,308 24,599,836 6,648.861 26,646.151 7,044,918 25,682.227 7,468.870 24.141.291 7.892.553 21,925.774 8.294.345 19,081.974 8,649.748 15.623,965 8,521.809 14,565.822 7.612,215 12,524,990 6,596,672 10.447,532 5,503,003 8.320,305 4.305.005 6.197.047 3.292.967 4.643.254 2.686,839 3,659,260 2.351.226 3,230.604 2,395,699 3,210.712 2.464.489 3,211.780 2,531.439 3,207.921 2.596.208 3.198.858 2.658,014 3.184.040 2.716,047 3,162.834 2,769.523 3.135,014 2,817,876 3,100.250 2,859,937 3.057,874 2,894.487 3.007.118 2,878,160 2.879.459 1.871.003 1.275.009 172 12,310 184 206,947 198 587,995 212 1,005,964 228 1,463,654 245 1,861,317 263 2.206,097 283 2,580,544 304 2.986.792 326 3,427,116 350 3.903,942 376 4,419.855 404 4,977.611 434 5,580.142 466 6.230,574 501 6.932,232 538 7,688,661 578 8.503.634 621 9.381,165 667 10.325.532 664 10,875,770 653 11.386,626 631 11,786.411 597 12.055.585 549 12.025.481 518 11,431,644 450 9,937.757 380 8.383,165 306 6,754.503 231 5.093,670 175 3.865.709 140 3.082.768 125 2,752.188 125 2.760.921 126 2.787,471 127 2.809.982 128 2.828.087 129 2.841.170 129 2.848,520 129 2.849.772 129 2,844.451 128 2.831.760 127 2.810,782 123 2,716,961 55 1.221.659

SEABROOK STATION DECOMMISSIONING COST PROJECTIONS North Atlantic Energy Corporation Year End Trustee Fixed Income Equity Legal/Admin Audit/Consll Expenses Taxes Tax 12/31 Fees Management iManagemen iFees lExpenses Subtotal Decorum Qualified NonQualified Subtotal Total 12/31/90 12/31/91 12131/92 12/31193 12131194 12/31/95 12/31/96 12/31/97 12/31/98 12/31/99 12131/00 12/31/01 12/31102 33.855 62.869 42.553 23.675 22.274 185.225 0

185.225 917.120 0

977.120 1,162.346 12131103 51,175 60.533 98.847 24.622 25.831 261.008 0

261.008 1.714,102 0

1,714.102 1,975.110 12/31104 56.539 71,278 107.004 25,607 26.974 287,402 0

287.402 1,846.265 0

1.846.265 2.133.666 12/31/05 62.351 82.356 115.856 26.631 28,130 315,324 0

315.324 1.988.766 0

1,988.766 2.304.091 12/31/06 68.650 93.865 125.557 27.696 29,304 345.073 0

345.073 2.142.412 0

2.142.412 2,487,485 12/31107 75.476 105.133 135.318 28,804 30,499 375.230 0

375.230 2.308.359 0

2.308.359 2.683.589 12/31108 81.552 113.976 146.673 29.956 31.664 403,822 0

403.822 2.486.685 0

2,486.685 2.890.507 12/31109 88.121 123.514 158,805 31.155 32.861 434.455 0

434.455 2.679.043 0

2.679.043 3,113,498 12/31110 95.223 133,542 172.127 32.401 34.093 467.385 0

467.385 2.886.538 0

2.886.538 3.353.924 12/31111 102.899 144,257 186,581 33.697 35.360 502.794 0

502.794 3.110,383 0

3.110,383 3.613.177 12/31/12 111.195 155.713 202.264 35.045 36,664 540.880 0

540,880 3.351.885 0

3.351.885 3,892,765 12/31113 120,158 168.298 218.728 36.446 38,005 581.637 0

581,637 3.612.490 0

3,612.490 4.194.127 12/31/14 129.842 181,337 237.017 37.904 39.389 625.489 0

625,489 3.893.701 0

3.893.701 4,519.190 12/31/15 140.303 195.159 257,039 39.421 40.817 672.739 0

672.739 4.197,161 0

4.197.161 4.869.900 12/31/16 151.602 209.985 278.768 40,997 42.293 723,644 0

723.644 4,524,657 0

4.524.657 5.248.301 12/31117 163.802 225.885 302.349 42.637 43.816 778.489 0

778.489 4.878,120 0

4.878.120 5.656.610 12/31/18 176.975 242.932 327.941 44.343 45,390 837.580 0

837.580 5.259,638 0

5,259,638 6.097.219 12/31/19 191.194 261.206 355.716 46.116 47.015 901.248 0

901.248 5.671,467 0

5.671.467 6.572.715 12131120 206,541 280.790 385.863 47.961 48.692 969.847 0

969.847 6.116.047 0

6.116.047 7.085,894 12/31/21 223.102 301,773 418,584 49.880 50,424 1,043,762 0

1,043.762 6,596.016 0

6.596,016 7.639.778 12/31/22 240,972 324.496 453,729 51.875 52.210 1.123.282 0

1.123.282 7.114.243 0

7.114,243 8.237.525 12/31/23 258.691 348,126 486.865 53.950 54,078 1.201.709 0

1,201.709 6.806,879 0

6.806.879 8.008.588 12/31/24 276.342 372.953 517.942 56.108 56.060 1.279.405 6.760.330 8.039.735 6,379.631 0

6.379.631 14.419.366 12/31/25 290.933 395,552 540.601 58.352 58.166 1.343.604 9,486.997 10.830.601 5.775.531 0

5,775.531 16.606,132 12131/26 303.819 416.212 557.276 60,686 60,408 1,398,401 24.526.977 25.925.378 5.056.648 0

5.056,648 30.982,026 12131/27 308.377 425,513 557.749 63,114 62,763 1.417.515 117.264.233 118.681.748 4,172.745 0

4.172.745 122.854,493 12/31/28 273.557 382,730 488.020 65.638 65,134 1,275,079 121,482,160 122.757.239 3,675,513 0

3,675.513 126.432.752 12/31129 235.448 334.907 413.182 68,264 67,548 1,119.348 116.562.177 117.681.526 3.132,903 0

3.132.903 120.814.429 12/31130 197.643 286.691 340.073 70.994 69,983 965,384 120,662.364 121.627,748 2.595.822 0

2.595.822 124.223.570 12/31/31 156.429 233.060 261.921 73.834 72.346 797.590 112.079.011 112.876.602 2.011.916 0

2.011.916 114,888,517 12131/32 116.831 180,612 188.114 76.787 74.492 636.836 63.456,603 64.093.439 1.452.488 0

1.452.488 65.545.927 12/31133 95.390 152.084 148,294 79.859 76.676 552.303 50.236,960 50.789.263 1.150.328 0

1,150,328 51.939,591 12/31134 78.372 129.113 117,090 83.053 78.692 486.320 8.189.588 8.675.908 911.468 0

911.468 9.587.376 12/31/35 77.960 129.162 115.483 86.375 81.558 490.538 5.602.991 6.093.529 905.327 0

905,327 6.998.856 12/31/36 78,606 130.711 115.718 89.830 84.595 499.460 5.913.305 6.412.765 914.011 0

914.011 7.326.776 12/31/37 80.983 132.139 115.772 93.423 87.732 510.048 6.206.748 6.716.797 921.213 0

921.213 7.638.009 12/31/38 83.973 133.445 115.652 97.160 90.970 521,201 6.532.603 7.053.804 927.104 0

927.104 7.980.908 12/31139 87.056 134.602 115.334 101.047 94.311 532.350 6.675.564 7.407.915 931.502 0

931.502 8.339.416 12/31/40 90,234 135.587 114.801 105.089 97.754 543.464 7.256,358 7.799.823 934.236 0

934.236 8.734,059 12/31141 93,504 136.365 114.023 109.292 101.296 554.481 7.616.449 8.170.930 935.007 0

935,007 9.105.937 12/31/42 96.866 136.934 113.010 113.664 104.938 565,412 8,016,313 8.581,725 933,841 0

933.841 9.515.566 12/31/43 100.316 137.254 111,730 118.210 108.675 576.185 8.437.169 9,013,354 930.413 0

930.413 9.943.767 12131/44 103.849 137.294 110.163 122.939 112.503 586.747 8.904*451 9.491.198 924.488 0

924.488 10.415.685 12/31/45 107.456 137.004 108.274 127.856 116.411 597.001 16.351,714 16.948.715 915,671 0

915,671 17,864.386 12131146 110.661 131.891 101.465 132.971 119.883 596,870 162.884.847 163.481.717 863.092 0

863.092 164.344.809 6,274.825 8,808.839 10.695,867 2,865.363 2.778.675 31.423,569 1.001.305.915 11032,729,484 131,512,876 0

131.512.876 1.164,242.360

SEABROOK STATION DECOMMISSIONING COST PROJECrIONS Taunton Municipal Lighting Plant Ownership:

0.10%

Share of Decornnsssioning Cost:

As of 12/31/2000

$557.427 Year End Contributions

% In Fees/Expenses 12,31 Fund 1A Fund 1B Fund 2 Fund 3 Fund 4 Fund 5 Total J Egu LFund 1A Fund 1B Fund 2 Fund 3 Fund 4 Fund 6 Total 12/31/90 12131191 12/31/92 12/31/93 12/31/94 12/31/95 12/31/96 12/31/97 12/31/98 12/31/99 12/31/00 12/31/01 12/31/02 12/31/03 12/31/04 12J31/05 12/31/06 12/31/07 12/31/08 12/31/09 12/31/10 12/31/11 12/31/12 12131/13 12/31/14 12/31/15 12/31/16 12/31/17 12/31/18 12/31119 12/31/20 12/31121 12/31/22 12131/23 12/31/24 12/31/25 12/31/26 12/31/27 12/31/28 12/31/29 12/31/30 12/31/31 12/31/32 12131133 12/31/34 12/31/35 12/31/36 12/31/37 12/31/38 12/31/39 12131140 12131141 12/31/42 12131/43 12/31/44 12/31/45 12/31/46 21,705 22,490 23,390 24,325 25,298 14,131 14,697 15.284 15.896 16.532 17.193 17.881 18.596 19.340 20.113 20.918 21.754 22.625 23,530 24.471 25,450 26.468 27.526 28.627 17.367 0

0 0

0 0

0 0

0 0

0 0

0 0

0 0

0 0

0 0

0 21,705 22,490 23,390 24.325 25,298 14.131 14.697 15,284 15,896 16.532 17J193 17.881 18.596 19,340 20.113 20.918 21,754 22.625 23,530 24.471 25,450 26.468 27.526 28.627 17.367 0

0 0

0 0

0 0

0 0

0 0

0 0

0 0

0 0

0 0

0 0 0%

0.0%

0 0%

0 0%

0.0%

0.0%

0.0%

0.0%

0.0%

0.0%

0.0%

0.0%

0-0%

0.0%

0.0%

0.0%

0.0%

0.0%

0.0%

00%

0.0%

0.0%

0.0%

0.0%

0.0%

0.0%

0.0%

0.0%

0.0%

0.0%

0.0%

0.0%

00%

0.0%

00%

0.0%

0.0%

0.0%

0.0%

0.0%

0.0%

0.0%

0.0%

0.0%

00%

0.0%

0.0%

0.0%/

0.0%

0.0%

0.0%

542 576 645 719 797 877 947 1.023 1.103 1,190 1,284 1.387 1,495 1,612 1,737 1,873 2,020 2,178 2.349 2.533 2.734 2.936 21,991 29,769 71,859 330,528 341.960 327.877 338,950 314.619 178.649 141.585 24,174 16.973 17.862 18.709 19.648 20.635 21,727 22,761 23,906 25,109 26,441 47,236 455,864 542 576 645 719 797 877 947 1,023 1,103 1.190 1.284 1.387 1,495 1,612 1.737 1.873 2,020 2.178 2.349 2.533 2.734 2.936 21,991 29.769 71,859 330,528 341.960 327,877 338,950 314.619 178.649 141.585 24.174 16.973 17.862 18.709 19.648 20.635 21.727 22.761 23.906 25,109 26,441 47.236 455,864 0

0 525,606 0

0 0

525.606 0

0 2,871,387000 2,871.387

SEABROOK STATION DECOMMISSIONING COST PROJECTIONS Taunton Municipal Lighting Plant Year End Annual Earnings Balances Target 12131 Fund 1A Fund 1B Fund 2 Fund 3 Fund 4 Fund 5 Total Fund 1A Fund 1B Fund 2 Fund 3 Fund 4 Fund 5 Total Cost 12/31/90 12131/91 12131/92 12/31/93 12/31/94 12/31/95 12/31/96 12/31/97 12131/98 12/31199 12/31/00 12131/01 12/31102 12131/03 12131/04 12131105 12/31/06 12/31/07 12/31/08 12131109 12131/10 12/31/11 12131/12 12/31/13 12/31/14 12131115 12/31/16 12/31/17 12/31/18 12/31/19 12/31/20 12/31/21 12/31/22 12131/23 12/31/24 12/31/25 12/31/26 12/31/27 12/31/28 12/31/29 12/31/30 12/31/31 12/31/32 12/31/33 12/31/34 12/31/35 12131/36 12/31/37 12131/38 12/31/39 12/31/40 12/31/41 12/31/42 12/31/43 12/31/44 12/31/45 12/31/46 0

12.533 0

15,138 0

18.003 0

21,151 0

24.607 0

27,899 0

31,063 0

34.508 0

38,255 0

42,331 0

46.760 0

51.572 0

56.797 0

62,468 0

68,622 0

75.296 0

82,532 0

90.374 0

98.871 0

108.074 0

109.362 0

109,322 0

107.238 0

103,014 0

95.824 0

90,648 0

78.760 0

66.408 0

53.487 0

40,325 0

30,604 0

24.414 0

21.803 0

21.876 0

22.090 0

22.272 0

22.420 0

22.528 0

22.591 0

22,606 0

22,569 0

22,473 0

22.311 0

21.571 0

9.713 12,533 15.138 18.003 21,151 24,607 27,899 31,063 34.508 38.255 42.331 46,760 51,572 56.797 62.468 68,622 75.296 82,532 90.374 98.871 108.074 109.362 109.322 107,238 103,014 95,824 90.648 78.760 66.408 53.487 40.325 30.604 24,414 21.803 21.876 22.090 22.272 22,420 22.528 22,591 22.606 22.569 22.473 22.311 21.571 9.713 31.445 42.004 55,697 71.887 87,290 118.163 152,706 186,402 223,454 264,201 308.958 358,066 399,219 444.031 492.801 545.849 603,521 666.190 734,255 808,153 888.349 975.347 1,069.687 1,171,954 1.282.774 1,402.826 1,532.837 1,664.914 1.797.768 1.910,541 2,012,413 2.053,745 1.813.866 1.550,666 1.289,198 1.003,734 729,440 581.395 464.224 461.853 466,756 470.983 474.546 477.317 479,211 480.075 479,920 478,583 475.947 471,817 446.152 0

31,445 42,004 55.697 71.887 87.290 118.163 152,706 186.402 223,454 264.201 308.958 358,066 399.219 444.031 492.801 545,849 603,521 666.190 734,255 808,153 888.349 975.347 1,069,687 1,171.954 1,282.774 1,402.826 1,532.837 1,664.914 1,797.768 1,910.541 2,012,413 2.053.745 1,813.866 1.550.666 1,289,198 1,003.734 729.440 581.395 464,224 461,853 466,756 470.983 474,546 477,317 479,211 480,075 479,920 478,583 475,947 471,817 446,152 0

_0 0

2,193.076 0

0 0

2.193.076 1 0

557,427 586.691 617,493 649.911 684.032 719.943 757,740 797,522 839,391 883,459 929,841 978.658 1.030.037 1,084,114 1,141,030 1.200,934 1.263,983 1,330,342 1.400,185 1.473,695 1,551.064 1.632,495 1.718.201 1,808,407 1.883.968 1,955,680 1,988.043 1,756,257 1,500.210 1.244,825 964.278 693.609 548,114 432,877 432.126 438,750 444.833 450.394 455.313 459,507 462.830 465.294 466,742 467.059 466,054 443.647 0

Contribution Pre-Tax Tax Fund Percent Return Rate 1A 0.00%

7.64%

0%

16 0.00%

10.76%

0.00%

2 100.00%

7.64%

0.00%

3 0.00%

6.08%

0.00%

4 0.00%

4.83%

0.00.%

5 0.00%

10.76%:

0.00%

Total 100.00%

764%

SEABROOK STATION DECOMMISSIONING COST PROJECTIONS Taunton Municipal Lighting Plant Year End Trustee Fixed Income Equity Legal/Admin Audit/Conslt Expenses Taxes Tax 12/31 Fees Management IManagemenl Fees IExpenses Subtotal Decomm Qualified NOnQualified Subtotal Total 12131190 12131/91 12/31/92 12/31/93 12131194 12/31195 12131/96 12/31/97 12/31/98 12/31/99 12/31/00 12/31/01 12/31/02 94 320 0

66 62 542 0

542 0

0 0

542 12/31/03 101 356 0

69 51 576 0

576 0

0 0

576 12/31/04 117 401 0

71 56 645 0

645 0

0 0

645 12/31/05 134 450 0

74 61 719 0

719 0

0 0

719 12/31/06 153 501 0

77 65 797 0

797 0

0 0

797 12/31107 174 553 0

80 70 877 0

877 0

0 0

877 12131108 191 598 0

84 74 947 0

947 0

0 0

947 12/31/09 209 649 0

87 78 1,023 0

1.023 0

0 0

1.023 12/31/10 229 702 0

90 82 1,103 0

1.103 0

0 0

1.103 12/31/11 251 760 0

94 86 1.190 0

1,190 0

0 0

1,190 12/31/12 274 822 0

98 90 1.284 0

1,284 0

0 0

1,284 12/31/13 299 891 0

102 95 1.387 0

1.387 0

0 0

1,387 12/31/14 327 964 0

106 99 1.495 0

1.495 0

0 0

1.495 12/31/15 356 1,042 0

110 104 1.612 0

1.612 0

0 0

1.612 12/31116 389 1.126 0

114 108 1,737 0

1.737 0

0 0

1.737 12/31/17 424 1,217 0

119 113 1.873 0

1,873 0

0 0

1.873 12/31/18 461 1,316 0

124 118 2,020 0

2,020 0

0 0

2.020 12/31/19 503 1.423 0

129 124 2,178 0

2.178 0

0 0

2,178 12/31/20 547 1,539 0

134 129 2,349 0

2,349 0

0 0

2.349 12/31121 595 1,665 0

139 134 2,533 0

2.533 0

0 0

2,533 12131/22 647 1,802 0

145 140 2.734 0

2,734 0

0 0

2,734 12/31/23 700 1,939 0

150 146 2.936 0

2,936 0

0 0

2.936 12/31/24 753 2,076 0

156 153 3,139 18.852 21,991 0

0 0

21.991 12/31/25 799 2.192 0

163 160 3,313 26,456 29,769 0

0 0

29.769 12/31/26 840 2.287 0

169 167 3.463 68,396 71.859 0

0 0

71,859 12/31127 856 2,316 0

176 174 3,523 327,005 330,528 0

0 0

330,528 12/31128 760 2,068 0

183 181 3,193 338,767 341.960 0

0 0

341,960 12/31/29 655 1.797 0

190 188 2.830 325.047 327,877 0

0 0

327,877 12/31/30 550 1.526 0

198 195 2.469 336,481 338.950 0

0 0

338.950 12/31/31 436 1.231 0

206 202 2,074 312,545 314,619 0

0 0

314,619 12/31/32 326 946 0

214 208 1.693 176.956 178.649 0

0 0

178,649 12/31/33 266 790 0

223 214 1.493 140.092 141.585 0

0 0

141,565 12/31134 219 666 0

232 220 1.336 22,838 24.174 0

0 0

24,174 12/31/35 218 662 0

241 228 1,349 15.625 16.973 0

0 0

16.973 12/31/36 220 665 0

251 237 1.372 16.490 17,862 0

0 0

17,862 12131/37 227 668 0

261 245 1.401 17.308 18.709 0

0 0

18,709 12/31/38 235 670 0

271 255 1,431 18.217 19,648 0

0 0

19,648 12/31/39 244 672 0

282 264 1.461 19,173 20,635 0

0 0

20.635 12131/40 253 672 0

293 274 1,491 20,235 21.727 0

0 0

21,727 12131/41 262 671 0

305 283 1.521 21,239 22.761 0

0 0

22,761 12131/42 271 670 0

317 294 1,551 22,354 23.906 0

0 0

23,906 12/31143 281 667 0

330 304 1.581 23.528 25.109 0

0 0

25,109 12/31/44 290 662 0

343 314 1,610 24,331 26,441 0

0 0

26,441 12131/45 300 656 0

357 325 1.638 45,599 47,236 0

0 0

47,236 12131146 309 627 0

371 335 1.641 454,223 455.864 0

0 0

455,864 16.743 46.892 0

7.990 7.504 79,130 2.792,257 2.871.387 0

0 01 2,871.387

SEABROOK STATION DECOMMISSIONING COST PROJECTIONS United Itlurminaling Company Ownership:

17.50%

Share of Decomrnissioning Cost:

As of 12131/2000

$97.219,110 Contributions

% In Fees/Expenses Fund 1A Fund 18 Fund 2 Fund 3 Fund 4 Fund 5 Total Equ Fund 1A Fund 18 Fund 2 Fund 3 Fund 4 Fund 5 Total Year End 12131 12/31/90 12/31/91 12/31/92 12/31/93 12131194 12/31195 12/31196 12131197 12/31198 12/31199 12/31/00 12/31/01 12/31/02 12131/03 12/31104 12131/05 12/31106 12131/07 12/31/08 12131/09 12131/10 12131111 12/31/12 12/31/13 12/31114 12/31115 12/31/16 12131117 12/31118 12/31/19 12/31/20 12/31121 12131122 12/31/23 12/31/24 12131/25 12/31126 12131/27 12/31/26 12/31/29 12/31/30 12131/31 12/31/32 12131/33 12/31/34 12/31/35 12/31/36 12/31/37 12/31/38 12/31/39 12131/40 12/31/41 12131142 12/31/43 12131/44 12131145 12/31/46 14.4%

32.1%

45.3%

57.9%

59.1%

59.1%

63.3%

60.5%

58.2%

56.3%

54.6%

54.1%

53.6%

53.3%

53.0%

52.7%

52.5%

52.4%

522%

52.2%

52.1%

52.1%

52.2%

52.2%

52.3%

52.5%

41.9%

31 3%

20.7%

10.2%

0.0%

0 0%

0.0%

0.0%

0.0%

0.0%

0.0%

0.0%

0.0%

0.0%

0.0%

0.0%

0.0%

0.0%

0.0%

0.0%

0.0%

0.0%

0.0%

0 0%

0.0%

0 982 0

17,730 0

16.087 0

16,293 0

23,720 0

17.362 0

31,616 0

18.550 0

39.843 0

19.872 0

48,256 0

21.249 0

54,210 0

23,006 0

60.533 0

24,937 0

67.267 0

27,065 0

74,447 0

29,408 0

82,112 0

31.991 0

90,266 0

34.825 0

98,977 0

37.946 0

108.300 0

41.390 0

118,280 0

45,190 0

128,967 0

49,382 0

140.411 0

54,007 0

152.669 0

59.110 0

165.800 0

64,742 0

179,864 0

70,958 0

194.907 0

77.809 0

210,601 0

84,487 0

1.422.677 0

569.398 0

1.942.291 0

769.585 0

4.723,602 0

1,837,879 0

21.886,581 0

8.381.458 0

22.670,363 0

8.681,607 0

21.762,836 0

8.334,070 0

22.521,858 0

8.624.737 0

20.927,920 0

8,014,339 0

11.897,831 0

4,556.270 0

9,437,144 0

3.613.951 0

1.613.634 0

617,941 0

1,134,031 0

434,277 0

1,193.947 0

457,222 0

1,250,985 0

479.064 0

1,314,097 0

503.233 0

1,380,314 0

528,591 0

1.453,473 0

556.607 0

1.522,639 0

583,094 0

1,599,058 0

612.359 0

1,679,195 0

643.047 0

1.767.746 0

676.958 0

3,155.412 0

1,208,364 0

30.420,171 0

11,649.393 476.548 778.991 841,736 909,233 981,926 1.059,573 1.141.538 1.229.918 1.325.261 1,428,130 1.539.133 1,658.835 1,788.021 1,927.486 2,078,055 2.240,625 2,416,164 2,605.719 2.810,423 3.031.502 3.270.224 3.190.396 6.351,504 7.475.846 14,539,662 59.311.126 61.103,326 58,427,696 60.142,208 55.663,691 31,724.957 25,139.473 4,566.661 3,308,242 3,466,648 3.617,089 3,783,060 3,956,770 4,148,219 4,328,793 4,527,920 4,736.307 4.966.207 8,589,586 79.836.319 i

0 1,850.000 0

61.436.043 0

0 63.286,043 0

1,850.000 0

0 2,689.142 0

839.142 0

2.654.862 0

2.761,056 0

2.871,498 0

2.986.358 0

1.706,669 0

1.774.936 0

1.845.934 0

1.919.771 0

1.996,562 0

2,076,424 0

2,159,481 0

2,245,860 0

2,335,695 0

2.429.123 0

2,526.288 0

2,627,339 0

2.732.433 0

2,841.730 0

2,955,399 0

3.073.615 0

3.196.560 0

3.324.422 0

3,457,399 0

2,097,489 0

0 0

0 0

0 0

0 0

0 0

0 0

0 0

0 0

0 0

0 0

0 0

0 0

0 0

0 0

0 0

0 0

0 0

0 0

0 0

0 188,517 269.318 194.500 552.111 204.912 595.741 215.992 643,075 227.782 694.429 240,201 749,867 253,680 810,642 267.969 876,478 283,120 947.809 299,182 1.025.092 316.208 1,108.822 334,243 1,199,502 353.356 1,297,741 373,615 1,404.180 395.086 1.519,499 417,839 1.644,437 441,950 1.779,795 467.498 1.926,441 494.567 2.085.314 523,246 2.257,434 553.624 2.443.884 546,795 2,348,512 916.086 3,443,343 1,049,580 3.714.390 1,869,154 6.109,028 7.098,793 21.944.294 7,447,005 22.304,351 7,266,431 21.064,359 7.624.093 21.371.520 7,213,252 19.508.180 4,238.736 11.032,119 3.440,903 8.647,474 681,415 1.653,671 517.900 1.222.033 550,942 1,264,537 583.767 1.303,273 619,823 1,345,907 658,070 1.389.796 700,125 1.438,014 741.656 1,481,404 787,296 1.529,207 835,702 1,578,363 889,003 1,632,500 1,517.196 2.708,615 13.817,301 23,949,454 2.654.862 2,761,056 2.871.498 2.986,358 1.706.669 1,774,936 1,845.934 1.919.771 1.996,562 2,076,424 2,159.481 2,245.860 2.335,695 2.429,123 2.526,288 2.627,339 2.732,433 2.841,730 2.955,399 3,073,615 3,196,560 3,324,422 3,457.399 2.097,489 0

0 0

0 0

0 0

0 0

0 0

0 0

0 0

0 0

0 0

0 S78,658,112 209,815.957 0

190,765.924 0

73,200,755 552.440,748

SEABROOK STATION DECOMMISSIONING COST PROJECTIONS United Illuminating Company Year End Annual Earnings Balances Target 12/31 Fund 1A Fund 16B Fund 2 Fund 3 Fund 4 Fund 5 Total Fund 1A Fund 18 Fund 2 Fund 3 Fund 4 Fund 5 Total TrCost 12131190 12131/91 12/31/92 12/31/93 12/31/94 12/31/95 12/31/96 12/31/97 12/31/98 12/31199 12/31/00 12/31/01 12131/02 12131/03 12131104 12131105 12/31/06 12/31/07 12/31108 12/31/09 12/31/10 12131/11 12/31/12 12/31/13 12131/14 12/31/15 12131/16 12/31117 12/31118 12/31/19 12/31120 12/31/21 12/31/22 12/31/23 12131124 12/31/25 12/31126 12/31127 12/31128 12/31/29 12/31130 12/31/31 12/31132 12/31/33 12/31/34 12/31/35 12/31/36 12/31/37 12/31/38 12/31/39 12/31/40 12/31/41 12/31/42 12/31/43 12/31144 12/31145 12/31146 0

45.347 0

440.290 0

630.713 0

838.838 0

1.065,984 0

1.267.905 0

1.447.859 0

1,642.619 0

1.853,233 0

2,080.814 0

2.326.548 0

2,591.701 0

2.877.619 0

3.185.736 0

3.517.578 0

3.874.769 0

4.259.036 0

4,672.221 0

5.116.280 0

5.593.297 0

5.854.875 0

6.094.878 0

6.275.374 0

6.386.555 0

6.347,072 0

6.026.392 0

5.239.661 0

4,420.992 0

3.563.311 0

2.688.652 0

2.041.974 0

1.629.679 0

1,455.713 0

1,460,545 0

1,474,765 0

1,486.852 0

1.496.609 0

1.503,708 0

1.507.769 0

1.508.596 0

1,505,931 0

1.499.349 0

1.488.358 0

1.438,800 0

647.388 573.970 633.904 700,298 773,714 854.893 944.663 1,043.921 1.153,661 1.274.989 1.409.131 1.557.441 1.721.417 1.902.716 2.103.167 2,324.796 2.569.842 2.840.778 3.140.341 3.471.559 3,837.776 3.775.201 3.617.578 3.342,072 2.952.339 2.448.340 2.307.805 2.006.526 1.693,017 1.364.569 1.029.618 781.973 624,085 557.465 559.315 564.761 569.390 573.126 575.844 577,400 577.716 576,696 574.175 569.966 550.988 247.917 2.612.577 4.392.197 4.902.540 5.457.623 6.061.102 6,671.298 7.294.201 7.969,549 8.701.671 9.495.256 10.355.383 11,287.564 12.297.775 13.392.490 14,578.729 15,864.106 17.256.883

,8,766.023 20.401,255 22.173,138 22.136.217 21.767,507 20.958.264 19.712.779 17.946.527 17.028.006 14.823.584 12.523.342 10.122.163 7.662,150 5.804.995 4,637,393 4.111.432 4.126,420 4.171,160 4.210,376 4.243,561 4.269.766 4.287.927 4.297.398 4.297,488 4.286.925 4.264.285 4.1401114 2,059.892 1 AQ 177 1.,

1 bu7u 1A 21u 17A--

.85.

All44.01AU n-7,316.268 0

8.145.552 1.148.045 8.416.716 2.914.950 8.979.625 6.305.001 8.643.975 8.852.01f 9,662.269 9.887.384 10,527,449 10,278,699 11.135.515 23,298.184 11.783,809 25.221.281 12,470.795 27.305.171 13.198.733 29,563.237 13,970.014 32,009.970 14,787.294 34,661,353 15,652.983 37.533.764 16,569.937 40.645.632 17,541,176 44,016.913 18.569.898 47,669.228 19.659.491 51.625.998 20.813.557 55.912.634 22.035.898 60.556.636 23,330.538 65.587.788 24.701.739 71.038.356 26.154.016 76.943.299 27.692,149 83.340.469 29.321.202 90.270.958 31.046.538 97.779.157 32.873.837 105.913.243 34.810.769 113.484.944 36.904.401 120,551,055 38.778.522 125.658.324 40.661.204 129.385.557 41,849.997 129.369,698 37.764.084 113.106.333 33.008.748 95.687.710 28.075.370 78.699,631 22.398.125 60.575.546 16.708.657 43.487,463 13.636.320 34.269.993 11.147.821 27,053.743 11.300.393 26.664.338 11,632,385 26,698,97!

11.955.842 26.691.670 12,270.332 26.644,274 12.571.856 26.550.845 12.857.176 26.407.872 13,121.148 26.208.520 13.362,675 25.955.018 13,575.830 25.640.222 13.755.605 25.259,782 13.894.430 24.805,415 13.399.345 23,225,015 246,717 (224.525) 0 147.328 0

251.546 0

251.232 0

267.349 0

260.361 0

285.054 0

295,922 0

5,825.157 0

8.904.222 0

12.272.271 0

15.950.992 0

19.963,490 0

22.889.808 0

26.058.392 0

29,486.412 0

33.192.149 0

37,195.077 0

41.515.937 0

46,176.853 0

51.201.355 0

56,614.486 0

62.442.907 0

68,714,996 0

75.460.960 0

82,712.944 0

90.505.154 0

98.873.986 0

107,607.569 0

116.688,405 0

124.865.524 0

132.767.186 0

136.488.145 0

120.627.956 0

103,197.254 0

85.855.410 0

66.896,863 0

48.657.594 0

38.801.737 0

30.994.272 0

30.836.351 0

31.162.865 0

31.443.683 0

31.679.550 0

31.862.062 0

31.985,456 0

32.039,752 0

32.025.708 0

31.932.581 0

31,752.736 0

31.473.347 0

29.756.736 0

(16.047) 0 263.701 1.177.170 1.359.613 3.394.090 4.484.178 5,343.751 5.899.991 6.517,602 7.200,537 7,955,701 8.790.722 9,714.135 10.735.050 11.863.773 13.111.698 14.491.421 16.016,871 17.703,464 19.568.233 21.630.010 23,909.617 26.430.076 29.216.847 32.298.078 35.704.895 39.471,713 43.169.104 46.702.195 49.474.869 51,657.623 52,268.084 46.194.431 39.519.350 32.878.297 25.618.129 18.633.408 14.859.111 11.869.245 11.808.769 11,933.807 12.041.346 12,131.672 12.201.565 12.248.818 12.269,611 12.264.233 12,228,570 12.159.698 12.052.707 11.395.331 (6.145) 7,463.596 9,808.844 12.760.068 16.911.588 21,150,441 24,318.886 26,445,820 46,158.847 52,426,914 59.248.774 66.668.662 74.734,197 82.052.591 89.980.189 98.565.754 107.861,936 117.925.624 128.818.298 140.606,509 153.362.123 167.162.822 182.092.618 198.242.387 215.710.445 234.603.182 255.035.744 277.132,779 299.072.387 320.846.057 338.777.239 354.471.571 359.975.924 317.692.805 271,413.062 225.508.708 175.488,663 127.487.122 101.567.160 81.065.080 80.609.851 81.428.029 82.132,541 82.725.827 83.186,328 83.499.323 83,639.031 83.607.635 83,377.203 82,927.821 82.225.899 77,776.427 (0) 0 97.219.110 102.323.113 107.695,076 113.349.068 119.299.894 125.563,138 132,155,203 139,093.351 146,395.752 154,081.529 162.170.810 170.684.777 179.645.728 189,077.129 199.003.678 209.451.371 220.447.568 232.021,065 244.202,171 257.022.785 270.516,481 284.718,597 299.666.323 315.398.805 328.577.291 341.064.400 346,728,618 306.303.460 261,647.150 217.106.221 168.176.928 120.970.253 95.594.895 75.496.735 75.365.778 76.521.163 77.582,058 78.551,938 79.409.820 80.141.271 80.720,737 81.150.592 81.403.095 81.458.439 81,283.063 77.375.084 0

Contribution Pre-Tax Tax Fund Percent Return Rate 1A 0.00%

7.64%

20%

1B 0.00%

10.76%

20.00%

2 0.00%

7.64%

0.00%

3 0.00%

6.08%

0.00%

4 0.00%

4.83%

0.00%

5 10000%

1076%

0.00%

Total 100.00%

10.76%;

796.583 1.196.677 842.795 2.475.208 891.898 2.679.630 943.931 2.901.141 999.063 3.141.162 1.057.481 3,401,250 1.119.369 3.683.052 1.184.923 3.988.346 1.254.359 4.319.091 1,327.904 4.677,407 1.405.802 5.065.592 1.488,309 5,486.138 1.575.697 5.941.743 1,668.255 6.435,331 1.766.287 6.970.067 1.870.116 7.549.380 1,980,083 8.176,986 2,096.551 8.856.910 2.219.903 9.593.513 2.350.545 10.391.520 2.490.556 10,015.585 2.640.427 9.414,623 2.790.207 8.550.611 2.932.261 7,441.624 3,057.947 6.093,169 3,012.880 5.680,929 2,691.668 4,885,727 2.333.053 4.076.280 1,946,849 3,247,435 1,523.783 2,420,097 1.166.399 1.814.649 952.404 1,431,224 833.987 1,264,267 849.893 1,256,667 874.398 1.257.236 898,257 1.255,876 921.347 1.252,478 943,390 1,246,823 964.096 1,238.662 983.184 1.227.902 1,000.451 1.214.411 1.015.478 1.197.922 1.027,828 1.178,133 1.022.111 1.128.215 664,672 499.915 0

124.372,183 0

67,850,858 447,821,030 68,377.381 187.220,608

SEABROOK STATION DECOMMISSIONING COST PROJECTIONS United Illuminating Company Year End TIrustee Fixed Income Equity Legal/Adrnin Audil/ConsIt Expenses 2131~ ~

~~

em 1 Maag 117-ee 1

1ess 1

1iir 4 e~~n

~x 12/31/90 12131/91 12131/92 12131/93 12/31/94 12/31;95 12/31/96 12/31/97 12/31/98 12/31/99 12131/00 12/31/01 12/31/02 12/31/03 12/31/04 12/31/05 12/31/06 12131107 12/31108 12/31/09 12131/10 12/31/11 12131112 12/31/13 12/31/14 12131115 12/31/16 12/31/17 12/31/18 12/31/19 12/31/20 12/31/21 12131/22 12131/23 12/31124 12131125 12/31/26 12/31127 12/31128 12/31129 12/31130 12/31131 12/31/32 12/31133 12/31/34 12/31/35 12/31/36 12/31/37 12/31/38 12/31/39 12/31/40 12/31/41 12/31/42 12/31/43 12131144 12/31/45 12/31146 16,274 24.889 27.400 30.127 33.090 36.308 39.223 42.381 45.800 49.502 53,511 57,850 62.547 67,630 73.132 79.086 85,527 92.495 100,034 108,188 117.008 125,766 134,461 141.622 147.891 150,086 133.160 114.632 96,249 76,207 56,950 46,524 38.250 38,047 38,359 39.513 40,965 42.461 44.001 45,584 47.210 48,875 50.577 52,313 53,849 22,694 32.373 37.146 42,109 47.297 52.365 56.477 60,922 65,598 70,599 75,949 81.837 87,931 94,391 101.322 108.757 116,729 125,275 134,433 144,244 154,870 165.877 177,382 187,749 197,117 201,121 180.622 157,810 134,885 109.488 84.733 71,261 60,432 60.370 61.005 61.580 62.097 62,541 62,904 63,168 63,333 63.381 63.297 63,060 60,604 26,557 45,672 49.589 53.855 58.546 63,296 68,828 74,763 81.302 88.425 96,184 104.372 113,495 123,521 134,445 146.351 159,327 173,472 188.890 205.700 223,844 241.149 257.465 269.596 278.693 279.609 245.224 208,134 171.760 132.684 95.627 75,628 59.917 59,225 59,470 59.625 59,691 59,654 59,507 59,232 58,834 58.294 57,603 56.738 53,294 i

3.045.5551 4.189.1361 5.297.089 1 1,393,5811 1.350.463 15215.824 486989.2901 502.265,114 t150,175,634 o0 50.175.634 552,440,748 Taxes Tax 11.514 11.975 12,454 12.952 13,470 14,009 14,569 15.152 15.758 16.389 17.044 17,726 18,435 19.172 19,939 20,737 21.566 22,429 23,326 24.259 25.229 26.239 27,288 28,380 29,515 30,696 31,923 33,200 34.528 35.909 37,346 38,840 40.393 42.009 43,689 45,437 47.254 49,145 51,110 53,155 55,281 57.492 59,792 62.183 64,671 10.707 12.563 13,072 13.592 14,125 14,672 15,229 15,804 16,398 17.011 17,644 18,298 18.974 19,675 20,402 21.155 21.936 22,745 23,583 24,452 25.352 26.291 27,277 28,314 29.405 30.546 31,705 32,887 34,081 35,244 36.312 37.397 38.405 39.803 41,281 42,806 44,379 46,000 47,668 49.383 51.144 52,948 54,792 56,672 58.336 87,747 127.472 139,660 152.636 166.529 180,650 194.327 209,022 224.856 241,925 260.332 280,083 301,382 324,389 349,241 376.085 405,085 436.416 470.266 506,842 546,302 585.322 623,874 655,661 682,621 692,057 622,635 546,664 471,503 389,534 310,968 269,650 237.397 239.454 243,803 248.960 254,386 259.801 265,191 270,522 275,801 280,990 286,061 290,967 290,754 0

0 0

0 0

0 0

0 0

0 0

0 0

0 0

0 0

0 0

0 0

0 3,287.914 4,614,040 11,928,797 57.031.947 59,083.353 56,690,499 58,684.642 54,510,093 30,862.382 24.432.954 3.983.040 2,725.038 2,375,961 3.018.678 3.177,158 3,343,959 3.529.160 3,704,292 3,898.767 4,103,452 4.330.717 7,952.724 79,219.722 87,747 127,472 139,660 152.636 166.529 180.650 194.327 209,022 224.856 241.925 260,332 280.083 301.382 324.389 349,241 376,085 405.085 436.416 470,266 506,842 546.302 585,322 3,911.788 5.269.701 12.611,418 57,724.003 59,705.988 57,237.163 59.156.145 54.899,626 31.173,351 24.702,605 4,220,437 2,964,492 3,119,764 3.267,638 3,431.544 3.603.761 3,794,351 3.974.814 4,174,568 4,384,442 4,616.778 8.243,691 79,510,475 388,801 651,519 702.075 756.597 815.398 878.923 947,212 1,020.896 1,100.404 1.186,204 1,278.801 1.378,752 1,486,639 1,603,096 1,728.815 1,864,540 2.011.078 2.169,303 2,340,157 2,524.660 2,723,922 2,605,074 2,439.715 2.206,145 1,928,245 1,587,122 1,397.338 1,190.533 986.063 764,065 551.606 436.868 346.224 343,750 346,884 349.451 351.516 353,010 353.868 353,979 353,352 351.865 349,428 345,895 325.844 388,801 651.519 702.075 756.597 815,398 878.923 947,212 1.020.896 1,100.404 1,186,204 1,278,801 1.378,752 1.486,639 1,603.096 1,728.815 1,864.540 2.011.078 2.169,303 2,340,157 2,524.660 2,723.922 2.605.074 2,439,715 2.206,145 1.928,245 1,587.122 1.397,338 1.190,533 986.063 764,065 551,606 436,868 346.224 343.750 346.884 349,451 351,516 353.010 353,868 353,979 353,352 351,865 349.428 345,895 325,844 476,548 778.991 641.736 909.233 981,926 1,059.573 1,141.538 1.229.918 1,325,261 1,428.130 1,539,133 1.658.835 1,788,021 1.927,486 2,078,055 2,240.625 2.416,164 2.605,719 2,810,423 3.031.502 3,270.224 3.190.396 6,351,504 7,475.846 14,539,662 59,311,126 61,103.326 58,427,696 60.142.208 55.663,691 31.724.957 25,139.473 4,566.661 3,308,242 3,466.648 3.617.089 3,783,060 3,956,770 4,148,219 4.328.793 4,527.920 4,736,307 4,966,207 8,589.586 79.836,319 12/31

!Fees i]Management iWanagemeNti FIees I Expenses Puetotal Uecomm 1

i uanfieIIII on r

u~i d

U blll toal [l I Totl 112 I r)--m Tm.1