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energy east EE_AR_2004
The document is the annual report for Energy East Corporation for the year 2004. It provides the following key information: - Energy East saw increases in earnings per share and dividends paid to shareholders in 2004 compared to 2003. - The company realized cost savings from consolidation efforts and improved its corporate governance practices. - Regulatory agreements for the company's utilities, including multi-year rate plans, were important for providing stable rates and earnings. A new rate agreement for Rochester Gas & Electric was approved in 2004. - The company continued investing in infrastructure projects while exiting non-core businesses, including the sale of a nuclear power plant. Management focused on efficient operations and regulatory certainty going forward.
