DERIVATIVE INSTRUMENTS (Tables)

9 Months Ended

Sep. 30, 2013

		As of September 30, 2013
		Commodity Supply and				Net Amount Recorded as
(Millions of Dollars)		Price Risk Management		Netting⁽¹⁾		Derivative Asset/(Liability)
Current Derivative Assets:
Level 3:
	CL&P⁽¹⁾	$	17.3	$	(10.1)	$	7.2
	NSTAR Electric		0.4		-		0.4
	Other		1.3		-		1.3
Total Current Derivative Assets		$	19.0	$	(10.1)	$	8.9

Long-Term Derivative Assets:
Level 3:
	CL&P⁽¹⁾	$	139.5	$	(51.5)	$	88.0
	WMECO		0.9		-		0.9
Total Long-Term Derivative Assets		$	140.4	$	(51.5)	$	88.9

Current Derivative Liabilities:
Level 2:
	PSNH⁽¹⁾	$	(0.5)	$	0.2	$	(0.3)
	Other^{(1) (2)}		(7.4)		-		(7.4)
Level 3:
	CL&P		(94.1)		-		(94.1)
	NSTAR Electric		(1.6)		-		(1.6)
	WMECO		(0.1)		-		(0.1)
Total Current Derivative Liabilities		$	(103.7)	$	0.2	$	(103.5)

Long-Term Derivative Liabilities:
Level 3:
	CL&P	$	(756.4)	$	-	$	(756.4)
	NSTAR Electric		(10.4)		-		(10.4)
Total Long-Term Derivative Liabilities		$	(766.8)	$	-	$	(766.8)

		As of December 31, 2012
		Commodity Supply and				Net Amount Recorded as
(Millions of Dollars)		Price Risk Management		Netting ⁽¹⁾		Derivative Asset/(Liability)
Current Derivative Assets:
Level 2:
	Other⁽¹⁾	$	0.2	$	-	$	0.2
Level 3:
	CL&P⁽¹⁾		17.7		(12.0)		5.7
	Other		5.5		-		5.5
Total Current Derivative Assets		$	23.4	$	(12.0)	$	11.4

Long-Term Derivative Assets:
Level 3:
	CL&P⁽¹⁾	$	159.7	$	(69.1)	$	90.6
Total Long-Term Derivative Assets		$	159.7	$	(69.1)	$	90.6

Current Derivative Liabilities:
Level 2:
	Other^{(1) (2)}	$	(19.9)	$	0.6	$	(19.3)
Level 3:
	CL&P		(96.9)		-		(96.9)
	NSTAR Electric		(1.0)		-		(1.0)
Total Current Derivative Liabilities		$	(117.8)	$	0.6	$	(117.2)

Long-Term Derivative Liabilities:
Level 2:
	Other⁽¹⁾	$	(0.2)	$	-	$	(0.2)
Level 3:
	CL&P		(865.6)		-		(865.6)
	NSTAR Electric		(13.9)		-		(13.9)
	WMECO		(3.0)		-		(3.0)
Total Long-Term Derivative Liabilities		$	(882.7)	$	-	$	(882.7)

Location of Amounts		Amounts Recognized on Derivatives
Recognized on Derivatives		For the Three Months Ended September 30,				For the Nine Months Ended September 30,
(Millions of Dollars)		2013		2012		2013		2012
NU
Balance Sheet:
	Regulatory Assets	$	0.3	$	11.7	$	48.8	$	(25.0)
Statement of Income:
	Purchased Power, Fuel and Transmission		0.2		0.2		0.9		(0.8)

As of September 30, 2013

As of December 31, 2012

Additional Collateral

Fair Value Subject

Required if

Fair Value Subject

Required if

to Credit Risk

Downgraded Below

to Credit Risk

Downgraded Below

(Millions of Dollars)

Contingent Features

Investment Grade

Contingent Features

Investment Grade

(6.7)

13.4

(15.3)

17.4

		For the Three Months Ended September 30,				For the Nine Months Ended September 30,
		2013		2012		2013		2012
(Millions of Dollars)		NU		NU		NU		NU
Derivatives, Net:
Fair Value as of Beginning of Period		$	(788.1)	$	(932.1)	$	(878.6)	$	(962.2)
Liabilities Assumed due to Merger with NSTAR			-		-		-		(5.4)
Transfer to Level 2			-		-		-		32.2
Net Realized/Unrealized Gains/(Losses) Included in:
	Net Income		1.2		(0.2)		8.3		7.2
	Regulatory Assets		0.8		8.5		49.6		(30.1)
Settlements			21.3		21.5		55.9		56.0
Fair Value as of End of Period		$	(764.8)	$	(902.3)	$	(764.8)	$	(902.3)

		For the Three Months Ended
		September 30, 2013						September 30, 2012
(Millions of Dollars)		CL&P		NSTAR Electric		WMECO		CL&P		NSTAR Electric⁽¹⁾		WMECO
Derivatives, Net:
Fair Value as of Beginning of Period		$	(775.8)	$	(13.1)	$	(0.7)	$	(910.7)	$	(15.8)	$	(13.5)
Net Realized/Unrealized Gains/(Losses)
	Included in Regulatory Assets		(1.2)		0.5		1.5		(2.8)		1.4		9.8
Settlements			21.7		1.0		-		22.6		0.6		-
Fair Value as of End of Period		$	(755.3)	$	(11.6)	$	0.8	$	(890.9)	$	(13.8)	$	(3.7)

		For the Nine Months Ended
		September 30, 2013						September 30, 2012
(Millions of Dollars)		CL&P		NSTAR Electric		WMECO		CL&P		NSTAR Electric⁽¹⁾		WMECO
Derivatives, Net:
Fair Value as of Beginning of Period		$	(866.2)	$	(14.9)	$	(3.0)	$	(931.6)	$	(3.4)	$	(7.3)
Net Realized/Unrealized Gains/(Losses)
	Included in Regulatory Assets		45.1		0.6		3.8		(23.8)		(13.2)		3.6
Settlements			65.8		2.7		-		64.5		2.8		-
Fair Value as of End of Period		$	(755.3)	$	(11.6)	$	0.8	$	(890.9)	$	(13.8)	$	(3.7)