<TABLE>
<CAPTION>
COMPARABLE COMPANIES ANALYSIS ASSETS EXHIBIT J-3
---------------------------------------------------------------------------------------------------------------------
Gas Electric Total
Customers Customers Customers Total Assets Total Revenues
---------------------- ---------- -------------- --------------
(in Millions) 6/30/00 12/31/1999
---------------------- ---------- -------------- --------------
<S> <C> <C> <C> <C> <C>
NISource / Columbia Energy Group 3.2 0.4 3.6 17,795 6,334
REGIONAL:
FirstEnergy / GPU 0.0 4.3 4.3 38,600 11,077
Dominion / CNG 1.8 2.2 4.0 29,098 8,595
Consolidated Edison / Northeast Utilities 1.4 5.0 6.4 26,784 11,963
NISOURCE / COLUMBIA ENERGY GROUP 3.2 0.4 3.6 17,795 6,334
KeySpan / Eastern Enterprises / Energy North 2.4 1.1 3.5 10,470 4,058
Energy East / Connecticut / CMP / CTG / Berkshire 0.6 1.4 2.0 4,149 3,844
National Fuel Gas 0.7 0.0 0.7 3,220 1,300
NATIONAL:
PG&E 3.7 4.5 8.2 31,229 20,800
Reliant 2.8 1.2 4.0 30,256 15,303
New Century / Northern States Power (Xcel Energy Inc.) 1.5 3.0 4.5 20,228 7,000
FPL / Entergy 0.0 6.3 6.3 18,077 15,200
NISOURCE / COLUMBIA ENERGY GROUP 3.2 0.4 3.6 17,795 6,334
Sempra Energy 5.7 1.2 6.9 13,047 5,435
Scana 1.0 0.5 1.5 7,011 1,957
Oneok 1.4 0.0 1.4 5,372 2,070
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
COMPARABLE COMPANIES ANALYSIS REVENUES EXHIBIT J-3
----------------------------------------------------------------------------------------------------------
Gas Electric Total
Customer Customer Customer Total Total
$ $ $ Assets Revenues
-------------------- ---------- --------- ----------
(in Millions) 6/30/00 12/31/1999
-------------------- ---------- --------- ----------
<S> <C> <C> <C> <C> <C>
NISource / Columbia Energy Group 3.2 0.4 3.6 17,795 6,334
REGIONAL:
Consolidated Edison / Northeast Utilities 1.4 5.0 6.4 26,784 11,963
FirstEnergy / GPU 0.0 4.3 4.3 38,600 11,077
Dominion / CNG 1.8 2.2 4.0 29,098 8,595
NISOURCE / COLUMBIA ENERGY GROUP 3.2 0.4 3.6 17,795 6,334
KeySpan / Eastern Enterprises / Energy North 2.4 1.1 3.5 10,470 4,058
Energy East / Connecticut / CMP / CTG / Berkshire 0.6 1.4 2.0 4,149 3,844
National Fuel Gas 0.7 0.0 0.7 3,220 1,300
NATIONAL:
PG&E 3.7 4.5 8.2 31,229 20,800
Reliant 2.8 1.2 4.0 30,256 15,303
FPL / Entergy 0.0 6.3 6.3 18,077 15,200
New Century / Northern States Power (Xcel Energy Inc.) 1.5 3.0 4.5 20,228 7,000
NISOURCE / COLUMBIA ENERGY GROUP 3.2 0.4 3.6 17,795 6,334
Sempra Energy 5.7 1.2 6.9 13,047 5,435
Oneok 1.4 0.0 1.4 5,372 2,070
Scana 1.0 0.5 1.5 7,011 1,957
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
COMPARABLE COMPANIES ANALYSIS - TOTAL CUSTOMERS EXHIBIT J-3
---------------------------------------------------------------------------------------------------------
Gas Electric Total
Customer Customer Customer Total Total
$ $ $ Assets Revenues
-------------------- ---------- --------- ----------
(in Millions) 6/30/00 12/31/1999
-------------------- ---------- --------- ----------
<S> <C> <C> <C> <C> <C>
NISource / Columbia Energy Group 3.2 0.4 3.6 17,795 6,334
REGIONAL:
Consolidated Edison / Northeast Utilities 1.4 5.0 6.4 26,784 11,963
FirstEnergy / GPU 0.0 4.3 4.3 38,600 11,077
Dominion / CNG 1.8 2.2 4.0 29,098 8,595
NISOURCE / COLUMBIA ENERGY GROUP 3.2 0.4 3.6 17,795 6,334
KeySpan / Eastern Enterprises / Energy North 2.4 1.1 3.5 10,470 4,058
Energy East / Connecticut / CMP / CTG / Berkshire 0.6 1.4 2.0 4,149 3,844
National Fuel Gas 0.7 0.0 0.7 3,220 1,300
NATIONAL:
PG&E 3.7 4.5 8.2 31,229 20,800
Sempra Energy 5.7 1.2 6.9 13,047 5,435
FPL / Entergy 0.0 6.3 6.3 18,077 15,200
New Century / Northern States Power (Xcel Energy Inc.) 1.5 3.0 4.5 20,228 7,000
Reliant 2.8 1.2 4.0 30,256 15,303
NISOURCE / COLUMBIA ENERGY GROUP 3.2 0.4 3.6 17,795 6,334
Scana 1.0 0.5 1.5 7,011 1,957
Oneok 1.4 0.0 1.4 5,372 2,070
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
COMPARABLE COMPANIES ANALYSIS - GAS CUSTOMERS EXHIBIT J-3
---------------------------------------------------------------------------------------------------------
Gas Electric Total
Customer Customer Customer Total Total
$ $ $ Assets Revenues
-------------------- ---------- --------- ----------
(in Millions) 6/30/00 12/31/1999
-------------------- ---------- --------- ----------
<S> <C> <C> <C> <C> <C>
NISource / Columbia Energy Group 3.2 0.4 3.6 17,795 6,334
REGIONAL:
NISOURCE / COLUMBIA ENERGY GROUP 3.2 0.4 3.6 17,795 6,334
KeySpan / Eastern Enterprises / Energy North 2.4 1.1 3.5 10,470 4,058
Dominion / CNG 1.8 2.2 4.0 29,098 8,595
Consolidated Edison / Northeast Utilities 1.4 5.0 6.4 26,784 11,963
National Fuel Gas 0.7 0.0 0.7 3,220 1,300
Energy East / Connecticut / CMP / CTG / Berkshire 0.6 1.4 2.0 4,149 3,844
FirstEnergy / GPU 0.0 4.3 4.3 38,600 11,077
NATIONAL:
Sempra Energy 5.7 1.2 6.9 13,047 5,435
PG&E 3.7 4.5 8.2 31,229 20,800
NISOURCE / COLUMBIA ENERGY GROUP 3.2 0.4 3.6 17,795 6,334
Reliant 2.8 1.2 4.0 30,256 15,303
New Century / Northern States Power (Xcel Energy Inc.) 1.5 3.0 4.5 20,228 7,000
Oneok 1.4 0.0 1.4 5,372 2,070
Scana 1.0 0.5 1.5 7,011 1,957
FPL / Entergy 0.0 6.3 6.3 18,077 15,200
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
COMPARABLE COMPANIES ANALYSIS - ELECTRIC CUSTOMERS EXHIBIT J-3
------------------------------------------------------------------------------------------------------------
Gas Electric Total
Customer Customer Customer Total Total
$ $ $ Assets Revenues
-------------------- ---------- --------- ----------
(in Millions) 6/30/00 12/31/1999
-------------------- ---------- --------- ----------
<S> <C> <C> <C> <C> <C>
NISource / Columbia Energy Group 3.2 0.4 3.6 17,795 6,334
REGIONAL:
Consolidated Edison / Northeast Utilities 1.4 5.0 6.4 26,784 11,963
FirstEnergy / GPU 0.0 4.3 4.3 38,600 11,077
Dominion / CNG 1.8 2.2 4.0 29,098 8,595
Energy East / Connecticut / CMP / CTG / Berkshire 0.6 1.4 2.0 4,149 3,844
KeySpan / Eastern Enterprises / Energy North 2.4 1.1 3.5 10,470 4,058
NISOURCE / COLUMBIA ENERGY GROUP 3.2 0.4 3.6 17,795 6,334
National Fuel Gas 0.7 0.0 0.7 3,220 1,300
NATIONAL:
FPL / Entergy 0.0 6.3 6.3 18,077 15,200
PG&E 3.7 4.5 8.2 31,229 20,800
New Century / Northern States Power (Xcel Energy Inc.) 1.5 3.0 4.5 20,228 7,000
Sempra Energy 5.7 1.2 6.9 13,047 5,435
Reliant 2.8 1.2 4.0 30,256 15,303
Scana 1.0 0.5 1.5 7,011 1,957
NISOURCE / COLUMBIA ENERGY GROUP 3.2 0.4 3.6 17,795 6,334
Oneok 1.4 0.0 1.4 5,372 2,070
</TABLE>