DERIVATIVE INSTRUMENTS (Tables)

6 Months Ended

Jun. 30, 2014

		As of June 30, 2014
		Commodity Supply and				Net Amount Recorded as
(Millions of Dollars)		Price Risk Management		Netting ⁽¹⁾		Derivative Asset/(Liability)
Current Derivative Assets:
Level 2:
	NU⁽¹⁾	$	0.4	$	(0.1)	$	0.3
Level 3:
	NU, CL&P⁽¹⁾		16.4		(4.8)		11.6

Long-Term Derivative Assets:
Level 3:
	NU, CL&P⁽¹⁾	$	111.7	$	(17.0)	$	94.7

Current Derivative Liabilities:
Level 2:
	NU⁽¹⁾	$	(0.7)	$	0.2	$	(0.5)
Level 3:
	NU		(87.8)		-		(87.8)
	CL&P		(85.6)		-		(85.6)
	NSTAR Electric		(2.2)		-		(2.2)

Long-Term Derivative Liabilities:
Level 3:
	NU	$	(449.4)	$	-	$	(449.4)
	CL&P		(445.3)		-		(445.3)
	NSTAR Electric		(4.1)		-		(4.1)

		As of December 31, 2013
		Commodity Supply and				Net Amount Recorded as
(Millions of Dollars)		Price Risk Management		Netting ⁽¹⁾		Derivative Asset/(Liability)
Current Derivative Assets:
Level 2:
	NU⁽¹⁾	$	1.9	$	(0.3)	$	1.6
Level 3:
	NU⁽¹⁾		18.4		(9.8)		8.6
	CL&P⁽¹⁾		17.1		(9.8)		7.3
	NSTAR Electric		1.2		-		1.2

Long-Term Derivative Assets:
Level 2:
	NU	$	0.2	$	-	$	0.2
Level 3:
	NU⁽¹⁾		116.2		(42.2)		74.0
	CL&P⁽¹⁾		113.6		(42.2)		71.4

Current Derivative Liabilities:
Level 3:
	NU	$	(93.7)	$	-	$	(93.7)
	CL&P		(92.2)		-		(92.2)
	NSTAR Electric		(1.5)		-		(1.5)

Long-Term Derivative Liabilities:
Level 3:
	NU	$	(624.1)	$	-	$	(624.1)
	CL&P		(617.1)		-		(617.1)
	NSTAR Electric		(7.0)		-		(7.0)

		Amounts Recognized on Derivatives
		For the Three Months Ended June 30,				For the Six Months Ended June 30,
(Millions of Dollars)		2014		2013		2014		2013
NU
Balance Sheets:
	Regulatory Assets and Liabilities	$	111.6	$	22.2	$	166.0	$	50.1
Statements of Income:
	Purchased Power, Fuel and Transmission		-		0.5		-		0.8

		For the Three Months Ended June 30,				For the Six Months Ended June 30,
		2014		2013		2014		2013
(Millions of Dollars)		NU		NU		NU		NU
Derivatives, Net:
Fair Value as of Beginning of Period		$	(564.3)	$	(833.1)	$	(635.2)	$	(878.6)
Net Realized/Unrealized Gains Included in:
	Net Income		-		1.3		-		7.1
	Regulatory Assets and Liabilities		111.8		22.7		161.3		48.9
Settlements			21.6		21.0		43.0		34.5
Fair Value as of End of Period		$	(430.9)	$	(788.1)	$	(430.9)	$	(788.1)

	For the Three Months Ended June 30,
	2014				2013
(Millions of Dollars)	CL&P		NSTAR Electric		CL&P		NSTAR Electric
Derivatives, Net:
Fair Value as of Beginning of Period	$	(557.0)	$	(7.3)	$	(819.6)	$	(13.6)
Net Realized/Unrealized Gains/(Losses) Included in Regulatory Assets and Liabilities		112.2		(0.4)		21.9		(0.5)
Settlements		20.2		1.4		21.9		1.0
Fair Value as of End of Period	$	(424.6)	$	(6.3)	$	(775.8)	$	(13.1)

	For the Six Months Ended June 30,
	2014				2013
(Millions of Dollars)	CL&P		NSTAR Electric		CL&P		NSTAR Electric
Derivatives, Net:
Fair Value as of Beginning of Period	$	(630.6)	$	(7.3)	$	(866.2)	$	(14.9)
Net Realized/Unrealized Gains/(Losses) Included in Regulatory Assets and Liabilities		164.5		(0.5)		46.3		0.2
Settlements		41.5		1.5		44.1		1.6
Fair Value as of End of Period	$	(424.6)	$	(6.3)	$	(775.8)	$	(13.1)