PROPERTY, PLANT AND ACCUMULATED DEPRECIATION

3 Months Ended

Mar. 31, 2015

Notes To Consolidated Financial Statements [Abstract]

Property Plant And Equipment Disclosure [Text Block]

3.       PROPERTY, PLANT AND EQUIPMENT AND ACCUMULATED DEPRECIATION

The following tables summarize the investments in utility property, plant and equipment by asset category:

		As of March 31, 2015		As of December 31, 2014
(Millions of Dollars)		ES		ES
Distribution - Electric		$	12,539.3	$	12,495.2
Distribution - Natural Gas			2,584.8		2,595.4
Transmission			6,959.4		6,930.7
Generation			1,172.2		1,170.9
Electric and Natural Gas Utility			23,255.7		23,192.2
Other (1)			547.9		551.3
Property, Plant and Equipment, Gross			23,803.6		23,743.5
Less: Accumulated Depreciation
	Electric and Natural Gas Utility		(5,842.6)		(5,777.8)
	Other		(232.3)		(231.8)
Total Accumulated Depreciation			(6,074.9)		(6,009.6)
Property, Plant and Equipment, Net			17,728.7		17,733.9
Construction Work in Progress			1,082.0		913.1
Total Property, Plant and Equipment, Net		$	18,810.7	$	18,647.0

(1)These assets are primarily comprised of building improvements,computer software, hardware and equipment and telecommunications assets at Eversource Service andEversource's unregulated companies.

	As of March 31, 2015								As of December 31, 2014
			NSTAR								NSTAR
(Millions of Dollars)	CL&P		Electric		PSNH		WMECO		CL&P		Electric		PSNH		WMECO
Distribution	$	5,180.0	$	4,907.8	$	1,704.1	$	787.4	$	5,158.8	$	4,895.5	$	1,696.7	$	784.2
Transmission		3,274.7		1,950.6		794.6		891.9		3,274.0		1,928.5		789.7		891.0
Generation		-		-		1,137.8		34.4		-		-		1,136.5		34.4
Property, Plant and Equipment, Gross		8,454.7		6,858.4		3,636.5		1,713.7		8,432.8		6,824.0		3,622.9		1,709.6
Less: Accumulated Depreciation		(1,950.7)		(1,783.6)		(1,105.7)		(303.3)		(1,928.0)		(1,761.4)		(1,090.0)		(297.4)
Property, Plant and Equipment, Net		6,504.0		5,074.8		2,530.8		1,410.4		6,504.8		5,062.6		2,532.9		1,412.2
Construction Work in Progress		370.9		289.5		135.5		73.5		304.9		272.8		102.9		49.1
Total Property, Plant and Equipment, Net	$	6,874.9	$	5,364.3	$	2,666.3	$	1,483.9	$	6,809.7	$	5,335.4	$	2,635.8	$	1,461.3

As of March 31, 2015, PSNH had $1.1 billion in gross generation assets and Accumulated Depreciation of $497.1 million. These generation assets are the subject of a divestiture agreement in principle in a settlement Term Sheet entered into on March 11, 2015 between PSNH and key New Hampshire officials (Term Sheet) whereby, among other resolutions, PSNH has agreed to sell these assets. Upon completion of the sale, all remaining stranded costs will be recovered via bonds that will be secured by a non-bypassable charge to PSNH's customers. Consummation of the Term Sheet provisions is conditioned upon the enactment of New Hampshire legislation, completion of a final Settlement Agreement reflecting the provisions of the Term Sheet (Settlement Agreement), and NHPUC approval of the Settlement Agreement. See Note 8F, “Commitments and Contingencies – PSNH Generation Restructuring,” for further information.