NYSEG 2007 income declines

Energy East doesn't break out subsidiary results in its regular earnings reports, but it does provide that data in detail on its Web site.

According to the details provided, NYSEG's net income was $114.4 million in 2007, down from $143 million in 2006.Much of that decline is attributable to an approximate $150 million drop in electric revenues. It should also be noted that maintenance costs declined to $79 million in 2007 from $114.2 million in 2006

However, cash flow from operations in 2007 was $131.7 million, up from $100.1 million in 2006.