Northeast Utilities and Subsidiaries												Exhibit 12
Ratio of Earnings to Fixed Charges
(Unaudited)
	Nine Months
	Ended
	September 30,		For the Years Ended December 31,
(Thousands of Dollars)	2014		2013		2012 (a)		2011		2010		2009
Earnings, as defined:
Net income	$	603,576	$	793,689	$	533,077	$	400,513	$	394,107	$	335,592
Income tax expense		345,858		426,941		274,926		170,953		210,409		179,947
Equity in earnings of regional nuclear      generating and transmission companies		(72)		(1,318)		(1,154)		(671)		(1,429)		(1,762)
Dividends received from regional equity investees		-		582		733		940		1,488		3,794
Fixed charges, as below		290,886		362,403		353,616		275,948		263,393		296,764
Less: Interest capitalized (including AFUDC)		(4,151)		(4,062)		(5,261)		(11,758)		(10,165)		(5,929)
Preferred dividend security requirements of      consolidated subsidiaries		(9,398)		(12,803)		(11,715)		(9,265)		(10,170)		(9,265)
Total earnings, as defined	$	1,226,699	$	1,565,432	$	1,144,222	$	826,660	$	847,633	$	799,141
Fixed charges, as defined:
Interest on long-term debt (b)	$	260,076	$	340,970	$	316,987	$	231,630	$	231,089	$	224,712
Interest on rate reduction bonds		-		422		6,168		8,611		20,573		36,524
Other interest (c)		12,132		(2,693)		6,790		10,184		(14,371)		12,401
Rental interest factor		5,129		6,839		6,695		4,500		5,767		7,933
Preferred dividend security requirements of   consolidated subsidiaries		9,398		12,803		11,715		9,265		10,170		9,265
Interest capitalized (including AFUDC)		4,151		4,062		5,261		11,758		10,165		5,929
Total fixed charges, as defined	$	290,886	$	362,403	$	353,616	$	275,948	$	263,393	$	296,764
Ratio of Earnings to Fixed Charges		4.22		4.32		3.24		3.00		3.22		2.69
(a) NSTAR amounts were included in NU beginning April 10, 2012.
(b) Interest on long-term debt includes amortized premiums, discounts and capitalized expenses related to indebtedness.
(c) For all periods presented, other interest includes interest related to accounting for uncertain tax positions.