CONSOLIDATED STATEMENT OF INCOME (Unaudited) (USD $) In Thousands, except Per Share data	3 Months Ended		6 Months Ended
	Jun. 30, 2011	Jun. 30, 2010	Jun. 30, 2011	Jun. 30, 2010
Operating Revenues (Note F)
Electric distribution and transmission	$ 183,436	$ 207,113	$ 381,662	$ 427,389
Gas distribution	130,609	0	493,433	0
Non-utility	4	3	7	7
Total Operating Revenues	314,049	207,116	875,102	427,396
Operation
Purchased power	37,311	53,567	86,574	128,915
Natural gas purchased	63,537	0	292,880	0
Operation and maintenance	95,002	62,367	189,000	113,988
Transmission wholesale	17,607	15,339	34,629	30,815
Depreciation and amortization (Note F)	34,468	27,038	70,573	54,289
Taxes - other than income taxes (Note F)	25,900	16,592	61,407	34,296
Acquisition-related costs	0	6,700	0	6,700
Total Operating Expenses	273,825	181,603	735,063	369,003
Operating Income	40,224	25,513	140,039	58,393
Other Income and (Deductions), net (Note F), (Note H)	5,604	4,904	10,269	8,960
Interest Charges, net
Interest on long-term debt	22,670	9,928	44,007	19,805
Other interest, net (Note F)	422	138	1,729	419
Interest charges, gross	23,092	10,066	45,736	20,224
Amortization of debt expense and redemption premiums	505	401	1,335	794
Total Interest Charges, net	23,597	10,467	47,071	21,018
Income Before Income Taxes, Equity Earnings	22,231	19,950	103,237	46,335
Income Taxes (Note E)	10,708	7,564	41,718	18,042
Income Before Equity Earnings	11,523	12,386	61,519	28,293
Income (Loss) from Equity Investments	2,647	(897)	4,709	(889)
Net Income	14,170	11,489	66,228	27,404
Less:
Preferred Stock Dividends of Subsidiary, Noncontrolling Interests	14	0	28	0
Net Income attributable to UIL Holdings	$ 14,156	$ 11,489	$ 66,200	$ 27,404
Average Number of Common Shares Outstanding - Basic	50,628	30,093	50,574	30,037
Average Number of Common Shares Outstanding - Diluted	50,872	30,313	50,824	30,317
Earnings Per Share of Common Stock - Basic	$ 0.28	$ 0.38	$ 1.31	$ 0.91
Earnings Per Share of Common Stock - Diluted	$ 0.28	$ 0.38	$ 1.30	$ 0.90
Cash Dividends Declared per share of Common Stock	$ 0.432	$ 0.432	$ 0.864	$ 0.864