XML 80 R43.htm IDEA: XBRL DOCUMENT v2.4.1.9
DERIVATIVE INSTRUMENTS (Tables)
12 Months Ended
Dec. 31, 2014
Notes To Consolidated Financial Statements [Abstract]  
Schedule Of Derivative Instruments In Statement Of Financial Position Fair Value Text Block
                    
   As of December 31,
   2014 2013
   Commodity Supply    Net Amount  Commodity Supply    Net Amount
   and Price Risk    Recorded as and Price Risk     Recorded as
(Millions of Dollars)  Management Netting (1) a Derivative  Management Netting (1) a Derivative
Current Derivative Assets:                  
Level 2:                  
 NU $ - $ - $ - $ 1.9 $ (0.3) $ 1.6
Level 3:                  
 NU  16.2   (6.6)   9.6   18.4   (9.8)   8.6
 CL&P  16.1   (6.6)   9.5   17.1   (9.8)   7.3
 NSTAR Electric  0.1   -   0.1   1.2   -   1.2
                    
Long-Term Derivative Assets:                  
Level 2:                  
 NU $ - $ - $ - $ 0.2 $ - $ 0.2
Level 3:                   
 NU   93.5   (19.2)   74.3   116.2   (42.2)   74.0
 CL&P   93.5   (19.2)   74.3   113.6   (42.2)   71.4
                    
Current Derivative Liabilities:                  
Level 2:                  
 NU $ (9.8) $ - $ (9.8) $ - $ - $ -
Level 3:                  
 NU   (90.0)   -   (90.0)   (93.7)   -   (93.7)
 CL&P   (88.5)   -   (88.5)   (92.2)   -   (92.2)
 NSTAR Electric   (1.5)   -   (1.5)   (1.5)   -   (1.5)
                    
Long-Term Derivative Liabilities:                 
Level 2:                  
 NU $ (0.3) $ - $ (0.3) $ - $ - $ -
Level 3:                  
 NU   (409.3)   -   (409.3)   (624.1)   -   (624.1)
 CL&P    (406.2)   -   (406.2)   (617.1)   -   (617.1)
 NSTAR Electric   (3.1)   -   (3.1)   (7.0)   -   (7.0)
Schedule Of Derivative Instruments Gain Loss In Statement Of Financial Performance Text Block
   Gain/(Loss) Recognized on Derivatives
(Millions of Dollars)  For the Years Ended December 31,
NU  2014 2013 2012
Balance Sheets:          
 Regulatory Assets and Liabilities  $ 134.4 $ 160.6 $ (29.0)
Statements of Income:          
 Purchased Power, Fuel and Transmission    -   1.0   (0.7)
Fairvalueinputsliabilitiesquantitativeinformationtabletextblock
 As of December 31,
 2014 2013
  Range Period Covered  Range Period Covered
Energy Prices:                 
NU$52per MWh 2020 $49-77per MWh 2018 - 2029
CL&P$52per MWh 2020 $56-58per MWh 2018 - 2029
                  
Capacity Prices:                 
NU$5.30- 12.98per kW-Month 2016 - 2026 $5.07-11.82per kW-Month 2017 - 2029
CL&P$11.08- 12.98per kW-Month 2018 - 2026 $5.07-10.42per kW-Month 2017 - 2026
NSTAR Electric$5.30- 11.10per kW-Month 2016 - 2019 $5.07-7.38per kW-Month 2017 - 2019
                  
Forward Reserve:                 
NU, CL&P$5.80-9.50per kW-Month 2015 - 2024 $3.30 per kW-Month 2014 - 2024
                  
REC Prices:                 
NU$38-56per REC 2015 - 2018 $36-87 per REC2014 - 2029
NSTAR Electric$38-56per REC 2015 - 2018 $36-70 per REC2014 - 2018
FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisUnobservableInputReconciliationTableTextBlock
(Millions of Dollars)NU  CL&P NSTAR Electric
Derivatives, Net:         
Fair Value as of January 1, 2013$ (878.6) $ (866.2) $ (14.9)
Net Realized/Unrealized Gains Included in:        
 Net Income (1)  10.9   -   -
 Regulatory Assets and Liabilities  158.3   148.9   3.5
Settlements  74.2   86.7   4.1
Fair Value as of December 31, 2013$ (635.2) $ (630.6) $ (7.3)
Net Realized/Unrealized Gains Included in Regulatory Assets and Liabilities  141.3   139.7   4.3
Settlements  78.5   80.0   (1.5)
Fair Value as of December 31, 2014$ (415.4) $ (410.9) $ (4.5)