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Frequently Asked Questions

Based on discussions with our unitholders and other members of the investment community, the following represent their most frequently asked questions, together with responses by Enbridge Energy. To appropriately address questions, some of the responses contain Forward-Looking Statements and you are referred to Legal Notice in this regard.

About Your Investment

  • Which of Enbridge Energy's securities are available to the public and how do I make an investment?
  • How do I get prospectuses or other information regarding the limited partner Common Units?
  • How do I inquire about the status or make changes to my investment account, including the status of cash distribution payments?
  • What is the difference between registered and non-registered security ownership?
  • When are Enbridge Energy cash distributions paid?
  • Does Enbridge Energy offer a Direct Purchase Plan or a Distribution Re-Investment Plan?
  • How can I communicate directly with the Company?

About Income Taxes

  • Why doesn't the taxable income amount in my tax package equal the amount of cash I received?
  • What is "unrelated business taxable income" (UBTI)?
  • What should I do if I filed my return before I received my tax package?
  • Where is my 1099?
  • Do I have to file tax returns in all the states listed on the tax package?
  • Can I correct the information on my tax package over the phone or do I have to mail it back to you?
  • I don't understand the K-1 information and need you to help me do my taxes.
  • I need the information now, can't you give it to me over the phone?

About Your Investment

Which of Enbridge Partner's securities are available to the public and how do I make an investment?

A: Class A Common Units of Enbridge Energy Partners, L.P. trade on the New York Stock Exchange (NYSE:EEP). As a publicly traded instrument, the partnership units are available through regular retail brokerage services.

How do I get prospectuses or other information regarding the limited partner Common Units?

A: Any new issue of partnership units is sold by prospectus, which is required to be filed with the U.S. Securities and Exchange Commission. Past prospectuses are available via the SEC Filings page on this web site but be aware that any information contained in a prospectus is current only to its date of publication. For more current information filed by the Enbridge Energy Partnership, consult the most recent Form 10-Q and Form 10-K also available in SEC Filings.

How do I inquire about the status or make changes to my investment account, including the status of cash distribution payments?

A: Non-registered owners should contact their investment representative to request any changes to their account. Registered owners should contact the Transfer Agent, listed under General Information. The Partnership is not able to make address or name changes, confirm holdings or transactions, or perform other administrative tasks affecting the accounts of either registered or non-registered owners of Enbridge Energy units.

What is the difference between registered and non-registered security ownership?

A: Registered owners hold their securities directly and most often physically possess certificate(s) evidencing their position. Registered owners are alternatively referred to as certificated owners. Non-registered owners hold their securities through a brokerage firm or other financial intermediary ("in street name") and are sometimes referred to as beneficial owners. Most investors choose to own securities in non-registered form, primarily for convenience.

When are Enbridge Energy cash distributions paid?

A: Upon approval by the Board of Directors of the General Partner, cash distributions are paid quarterly, no later than 45 days following the end of a calendar quarter. Distributions are therefore paid mid-month in February, May, August and November. Non-registered unitholders generally receive their distributions by electronic deposit to their account held with a brokerage firm. Registered unitholders receive their distributions by cheque mailed on each payment date by the Transfer Agent. For more detailed information, including specific dates, see Cash Distributions.

Does Enbridge Partners offer a Direct Purchase Plan or a Distribution Re-Investment Plan?

A: Enbridge Partners currently does not offer limited partnership units for purchase under either a DPP or a DRIP.

How can I communicate directly with the Company?

A: Enbridge Partners encourages questions and discussion with all of its unitholders and potential investors. Please refer to Contact Us at the top of this page for contact information, including for the Tax and Investor Relations departments of Enbridge Energy.


About Income Taxes

Why doesn't the taxable income amount in my tax package equal the amount of cash I received?

A: Owning a unit of a partnership is different than owning a share of stock in a corporation. Since the partnership itself is not a tax paying entity, total taxable income of the partnership is allocated among all the partners based upon the number of units owned. You are, therefore, allocated a portion of the partnership's income or loss regardless of how much cash you received.

What is "unrelated business taxable income" (UBTI)?

A: This only pertains to you if your unit ownership is through your IRA or other tax-exempt organization. If such is the case, contact the administrator of your IRA or other tax-exempt organization.

What should I do if I filed my return before I received my tax package?

A: You may have to file an amended return and should contact your tax advisor. We expect to mail K-1's before the end of February each year.

Where is my 1099?

A: 1099's are used to report items such as interest and corporate stock dividends. Your investment in Enbridge Partners is an investment in a partnership which requires a K-1 tax form instead of a 1099.

Do I have to file tax returns in all the states listed on the tax package?

A: Tax laws vary among the states and ownership of these units may require you to file a return even though you do not reside there. General state tax information has been provided to you on the back of the graphic guide included with your tax package. We encourage you to consult your own tax advisor for help in this area.

Can I correct the information on my tax package over the phone or do I have to mail it back to you?

A: We will correct your package over the phone and mail a new one. We request, however, that you write the needed correction on your package, note who you spoke with on the phone, and sign and mail the revised package to us for our files.

I don't understand the K-1 information and need you to help me do my taxes.

A: We are not qualified tax accountants and cannot help you prepare your tax return. Please check in your area for a local tax service if you cannot complete your tax forms yourself.

I need the information now, can't you give it to me over the phone?

A: We are not allowed to give this information over the phone. It either has to be mailed or faxed to you. This assures that you are provided with the correct information and provides written documentation of your receipt of the information.