LIGHTLY REGULATED

Gas, Electric and Steam Companies

REDACTED VERSION
ANNUAL REPORT
OF

Cross-Sound Cable Company, LLC

200 Donald Lynch Blvd, Suite 370

Marlborough, MA 01752
(Address of principal business office at end of year)

FOR THE

YEAR ENDED 12/31/2019

TO THE

STATE OF NEW YORK

PUBLIC SERVICE COMMISSION

Name, title, address and telephone number (including area code), of

the person to contact concerning this report:
Name of Respondent This Report is: Year of Report
Cross-Sound Cable Company, LLC ("CSC") (1) [ X] An Original 2019
(2) [ ] A Resubmission

OFFICERS AND MANAGEMENT

Title Name Address (U.S mail & E-mail) Telephone Number

(a) (b) (c) (d)

Manager, Board of Managers Michael Madia 650 Fifth Avenue, 17th Floor 212-251-5094
New York, NY 10019
[email protected]

Board of Managers Richard Klapow 650 Fifth Avenue, 17th Floor 212-521-5157
New York, NY 10019
[email protected]

Director of Operations Brian W. Reinhart 200 Donald Lynch Blvd, Suite 370 508-229-7947 x7513
Best Contact Marlborough, MA 01752
[email protected]

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Name of Respondent This Report is: Year of Report
Cross-Sound Cable Company, LLC ("CSC") (1) [X] An Original 2019
(2) [ ] A Resubmission

CONTROL OF STOCK CORPORATIONS

(if so organized)
1. Show the requested information concerning shareholders of the respondent who at 2. If voting power was not in proportion of the number of shares held, give full
the date of the latest closing of the stock-book prior to the actual filing of this report held particulars.
ten per centum or more of the voting capital stock or the respondent. If the stock-book
was not closed within one year, show such shareholders as of the end of the year.

Number of voting shares held (date) ______________________

Name of Shareholder Preferred Other securities with
(a) Common
First Second voting power
(b)
(c) (d) (e)

CSCC LLC 100%

If not incorporated, identify below each partner/member/other owner holding more than a 10% interest in the lightly regulated company
making this Report, and the size of that interest as of the end of the reporting year.

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Name of Respondent * This Report is: Year of Report
Cross-Sound Cable Company, LLC ("CSC") (1) [X] An Original 2019
(2) [ ] A Resubmission
COMPARATIVE BALANCE SHEET (ASSETS AND OTHER DEBITS)
Balance at Balance at
Line Title of Account Beg. of Year End of Year
No. (a) (b) (c)
1 PLANT
2 Plant
3 Construction Work in Progress
4 TOTAL Plant (Enter Total of lines 2 and 3)
5 (Less) Accum. Prov. for Depr. Amort. Depl.
6 Net Plant (Enter Total of line 4 less 5)
7 OTHER PROPERTY AND INVESTMENTS
8 Other Property
9 (Less) Accum. Prov. for Depr. and Amort.
10 Investments in Associated Companies
11 Investment in Subsidiary Companies
12 Other Investments
13 Special Funds
14 TOTAL Other Property and Investments (Total of lines 8-9, 10-13)
15 CURRENT AND ACCRUED ASSETS
16 Cash and Cash Equivalents
17 Notes Receivable
18 Accounts Receivable
19 (Less) Accum. Prov. for Uncollectible Acct.-Credit
20 Notes Receivable from Associated Companies
21 Receivables from Assoc. Companies
22 Fuel Stock
23 Plant Materials and Operating Supplies
24 Merchandise
25 Other Materials and Supplies
26 Inventories
27 Prepayments
28 Interest and Dividends Receivable
29 Rents Receivable
30 Accrued Revenues
31 Miscellaneous Current and Accrued Assets
32 TOTAL Current and Accrued Assets (Enter Total of lines 16 thru 31)
33 DEFERRED DEBITS
34 Unamortized Debt Expense
35 Extraordinary Property Losses
36 Clearing Account
37 Miscellaneous Deferred Debits
38 Accumulated Deferred Income Taxes
39 TOTAL Deferred Debits (Enter Total of lines 34 thru 38)
40 TOTAL Assets and Other Debits (Enter Total of lines 6, 14, 32, 39)

* If a holding company, identify New York subsidiaries and their relationship to respondent below

REDACTED VERSION

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Name of Respondent* This Report is: Year of Report
Cross-Sound Cable Company, LLC ("CSC") (1) [X] An Original 2019
(2) [ ] A Resubmission
COMPARATIVE BALANCE SHEET (LIABILITIES AND OTHER CREDITS)
Balance at Balance at
Line Title of Account Beg. of Year End of Year
No. (a) (b) (c)
1 PROPRIETARY CAPITAL
2 Common Stock Issued
3 Preferred Stock Issued
4 Premium on Capital Stock
5 Other Paid-in Capital
6 Retained Earnings
7 Unappropriated Undistributed Subsidiary Earnings
8 TOTAL Proprietary Capital (Enter Total of lines 2 thru 7)
9 LONG-TERM DEBT
10 Bonds
11 Advances from Associated Companies
12 Other Long-Term Debt
13 TOTAL Long-Term Debt (Enter Total of Lines 10 thru 12)
14 OTHER NONCURRENT LIABILITIES
15 Obligations Under Capital Leases - Noncurrent
16 Accumulated Miscellaneous Operating Provisions
17 TOTAL Other Noncurrent Liabilities (Enter Total of lines 15 thru 16)
18 CURRENT AND ACCRUED LIABILITIES
19 Notes Payable
20 Accounts Payable
21 Payables to Associated Companies
22 Taxes Accrued
23 Interest Accrued
24 Dividends Declared
25 Matured Long-Term Debt
26 Miscellaneous Current and Accrued Liabilities
27 Obligations Under Capital Leases - Current
28 TOTAL Current and Accrued Liabilities (Enter Total of lines 19 - 27)
29 DEFERRED CREDITS
30 Accumulated Deferred Investment Tax Credits
31 Other Deferred Credits
32 Other Liabilities
33 Accumulated Deferred Income Taxes
34 TOTAL Deferred Credits (Enter Total of lines 30 thru 33)
35 TOTAL Liabilities and Other Credits (Enter Total of lines 8, 13, 17, 28 and 34)

* If a holding company, identify New York subsidiaries and their relationship to respondent below

REDACTED VERSION

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Name of Respondent * This Report is: Year of Report
Cross-Sound Cable Company, LLC ("CSC") (1) [X] An Original 2019
(2) [ ] A Resubmission
STATEMENT OF INCOME FOR THE YEAR

TOTAL
Line Account Current Year Previous Year**
No.
(a) (b) (c)
1 REVENUES
2 Operating Revenues
3 Other Revenues
4 TOTAL Revenue (Enter Total of lines 2-3)
5 EXPENSES
6 Operation and Maintenance Expenses
7 Depreciation Expense
8 Amortizations
9 Interest Expense
10 Amortization of Debt Discount/Expense
11 Taxes Other Than Income Taxes
12 TOTAL Expenses (Enter Total of lines 6-11)
13 Net Operating Income (Enter Total of line 4 less 12)
14 OTHER INCOME AND DEDUCTIONS/EXTRAORDINARY ITEMS
15 Gains/Losses - Net
16 Extraordinary Income
17 Extraordinary Deductions
18 Net Other Income and Deductions (Enter Total of lines 15 and 16 less line 17)
19 Net Income before Income Taxes (Enter Total of lines 13 and 18)
20 INCOME TAXES
21 Income Taxes -- Federal
22 -- Other
23 Provision for Deferred Income Taxes - Net
24 Investment Tax Credit Adj.
25 TOTAL Income Taxes (Enter Total of lines 21 thru 24)
26 Net Income (Enter Total of line 19 less 25)

* If a holding company, identify New York subsidiaries and their relationship to respondent below

** The prior year figures need not be provided in the first year of reporting.

REDACTED VERSION

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Name of Respondent This Report is: Year of Report
Cross-Sound Cable Company, LLC ("CSC") (1) [X] An Original 2019
(2) [ ] A Resubmission

Lightly Regulated Generation Facilities

Generation Unit Annual Operational Data

Name of Generation Unit: Cross-Sound Cable is a Transmission System, not a Generator

Location of Generation Unit: Not Applicable

Item Amount (Annually by Reporting Year)

(a) (b)

Summer Capability (MW) Not Applicable

Winter Capability (MW) Not Applicable

DMNC Test (MW) Not Applicable

Minimum Generation Level (MW) Not Applicable

Total Available Hours Not Applicable

Total Synchronous Hours Not Applicable

Hours of Planned Maintenance Outage Not Applicable

Hours on Forced Outage Not Applicable

Hours on Partial Forced Outage Not Applicable

Average Full Load Heat Rate (btu/kWh) Not Applicable

Supply a separate sheet for each generation unit that is classified by the New York Independent System Operator as a separate unit.

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Name of Respondent This Report is: Year of Report
Cross-Sound Cable Company, LLC ("CSC") (1) [X] An Original 2019
(2) [ ] A Resubmission

Lightly Regulated Generation Facilities

Site Specific Revenues and Expenses

Name of Holding Company: Not Applicable

Name of Generation Subsidiary: Not Applicable

Location of Generation Site: Not Applicable

Item Amount (Annually/End of Reporting Period)

(a) (b)

Capacity Revenues Not Applicable

Energy and Ancillary Services Revenues Not Applicable

Other Revenues Not Applicable

Net Plant in Service Not Applicable

Accumulated Depreciation Not Applicable

Depreciation Charged to Reporting Period Not Applicable

Property Taxes Not Applicable

On Site O&M Not Applicable

Fuel Expense Not Applicable

Fuel Inventory Not Applicable

Other Expenses Not Applicable

Supply a separate sheet for each generation subsidiary that is classified by the holding company as a separate subsidiary.

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Name of Respondent This Report is: Year of Report
Cross-Sound Cable Company, LLC ("CSC") (1) [X] An Original 2019
(2) [ ] A Resubmission

ELECTRIC PLANT
(Lightly Regulated Companies)

Item Description
(a) (b)

Real Property Leased Property in Shoreham, NY

Structures Converter Station, Communication Building, Electrical Structures and Equipment

Generation Units Not Applicable, CSC is not a Generator

Reservoirs, Dams and Waterways Not Applicable, CSC is not a Generator

Electric Delivery Lines Not Applicable, CSC is not a Load Serving Entity

No. of Retail Service Connections Not Applicable, CSC is not a Load Service Entity

Provide a separate sheet for each separate site listed at Page 7.

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Name of Respondent This Report is: Year of Report
Cross-Sound Cable Company, LLC ("CSC") (1) [X] An Original 2019
(2) [ ] A Resubmission

GAS PLANT
(Lightly Regulated Companies)

Item Description
(a) (b)

Real Property Not Applicable

Structures Not Applicable

Production Equipment and Wells Not Applicable

Gas Delivery Lines Not Applicable

No. of Retail Service Connections Not Applicable

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Name of Respondent This Report is: Year of Report
Cross-Sound Cable Company, LLC ("CSC") (1) [X] An Original 2019
(2) [ ] A Resubmission

STEAM PLANT
(Lightly Regulated Companies)

Item Description
(a) (b)

Real Property Not Applicable

Structures Not Applicable

Steam Production Equipment Not Applicable

Steam Delivery Lines Not Applicable

No. of Retail Service Connections Not Applicable

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