DERIVATIVE INSTRUMENTS (Tables)

9 Months Ended

Sep. 30, 2014

		As of September 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	$	-	$	0.4
Level 3:
	NU⁽¹⁾		17.4		(6.8)		10.6
	CL&P⁽¹⁾		16.4		(6.8)		9.6
	NSTAR Electric		1.0		-		1.0

Long-Term Derivative Assets:
Level 3:
	NU⁽¹⁾	$	96.0	$	(20.9)	$	75.1
	CL&P⁽¹⁾		95.1		(20.9)		74.2
	NSTAR Electric		0.9		-		0.9

Current Derivative Liabilities:
Level 2:
	NU⁽¹⁾	$	(2.4)	$	0.4	$	(2.0)
Level 3:
	NU		(88.3)		-		(88.3)
	CL&P		(86.8)		-		(86.8)
	NSTAR Electric		(1.5)		-		(1.5)

Long-Term Derivative Liabilities:
Level 3:
	NU	$	(420.9)	$	-	$	(420.9)
	CL&P		(418.1)		-		(418.1)
	NSTAR Electric		(2.8)		-		(2.8)

		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 September 30,				For the Nine Months Ended September 30,
(Millions of Dollars)		2014		2013		2014		2013
NU
Balance Sheets:
	Regulatory Assets and Liabilities	$	(15.7)	$	0.3	$	149.9	$	48.8
Statements of Income:
	Purchased Power, Fuel and Transmission		-		0.2		-		0.9

		For the Three Months Ended September 30,				For the Nine Months Ended September 30,
		2014		2013		2014		2013
(Millions of Dollars)		NU		NU		NU		NU
Derivatives, Net:
Fair Value as of Beginning of Period		$	(430.9)	$	(788.1)	$	(635.2)	$	(878.6)
Net Realized/Unrealized Gains Included in:
	Net Income		-		1.2		-		8.3
	Regulatory Assets and Liabilities		(13.6)		0.8		147.6		49.6
Settlements			21.0		21.3		64.1		55.9
Fair Value as of End of Period		$	(423.5)	$	(764.8)	$	(423.5)	$	(764.8)

	For the Three Months Ended September 30,
	2014				2013
(Millions of Dollars)	CL&P		NSTAR Electric		CL&P		NSTAR Electric
Derivatives, Net:
Fair Value as of Beginning of Period	$	(424.6)	$	(6.3)	$	(775.8)	$	(13.1)
Net Realized/Unrealized Gains/(Losses) Included in Regulatory Assets and Liabilities		(15.0)		1.4		(1.2)		0.5
Settlements		18.5		2.5		21.7		1.0
Fair Value as of End of Period	$	(421.1)	$	(2.4)	$	(755.3)	$	(11.6)

	For the Nine Months Ended September 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		149.4		0.9		45.1		0.6
Settlements		60.1		4.0		65.8		2.7
Fair Value as of End of Period	$	(421.1)	$	(2.4)	$	(755.3)	$	(11.6)