REVENUES

3 Months Ended

Mar. 31, 2023

Revenue from Contract with Customer [Abstract]

REVENUES

REVENUESThe following tables present operating revenues disaggregated by revenue source:

	For the Three Months Ended March 31, 2023
Eversource (Millions of Dollars)	Electric Distribution		Natural Gas Distribution		Electric Transmission		Water Distribution		Other		Eliminations		Total
Revenues from Contracts with Customers
Retail Tariff Sales
Residential	$	1,464.0	$	576.6	$	—	$	28.9	$	—	$	—	$	2,069.5
Commercial	788.4		320.0		—		15.5		—		(1.0)		1,122.9
Industrial	89.1		69.6		—		1.1		—		(5.1)		154.7
Total Retail Tariff Sales Revenues	2,341.5		966.2		—		45.5		—		(6.1)		3,347.1
Wholesale Transmission Revenues	—		—		435.0		—		—		(325.3)		109.7
Wholesale Market Sales Revenues	217.3		49.1		—		0.8		—		—		267.2
Other Revenues from Contracts with Customers	18.3		1.5		4.7		2.1		413.8		(412.6)		27.8
Total Revenues from Contracts with Customers	2,577.1		1,016.8		439.7		48.4		413.8		(744.0)		3,751.8
Alternative Revenue Programs	6.0		27.4		18.7		1.7		—		(16.9)		36.9
Other Revenues	5.5		1.0		0.2		0.2		—		—		6.9
Total Operating Revenues	$	2,588.6	$	1,045.2	$	458.6	$	50.3	$	413.8	$	(760.9)	$	3,795.6

	For the Three Months Ended March 31, 2022
Eversource (Millions of Dollars)	Electric Distribution		Natural Gas Distribution		Electric Transmission		Water Distribution		Other		Eliminations		Total
Revenues from Contracts with Customers
Retail Tariff Sales
Residential	$	1,186.2	$	556.8	$	—	$	28.2	$	—	$	—	$	1,771.2
Commercial	661.3		257.6		—		14.6		—		(1.1)		932.4
Industrial	89.6		68.1		—		1.1		—		(4.5)		154.3
Total Retail Tariff Sales Revenues	1,937.1		882.5		—		43.9		—		(5.6)		2,857.9
Wholesale Transmission Revenues	—		—		446.2		—		24.4		(364.7)		105.9
Wholesale Market Sales Revenues	365.5		33.5		—		0.8		—		—		399.8
Other Revenues from Contracts with Customers	17.7		1.0		3.8		1.9		359.1		(353.1)		30.4
Amortization of/(Reserve for)    Revenues Subject to Refund (1)	58.4		—		—		(0.4)		—		—		58.0
Total Revenues from Contracts with Customers	2,378.7		917.0		450.0		46.2		383.5		(723.4)		3,452.0
Alternative Revenue Programs	4.8		10.2		(15.0)		2.2		—		13.6		15.8
Other Revenues	2.8		0.4		0.2		0.1		—		—		3.5
Total Operating Revenues	$	2,386.3	$	927.6	$	435.2	$	48.5	$	383.5	$	(709.8)	$	3,471.3

	For the Three Months Ended March 31, 2023						For the Three Months Ended March 31, 2022
(Millions of Dollars)	CL&P		NSTAR Electric		PSNH		CL&P		NSTAR Electric		PSNH
Revenues from Contracts with Customers
Retail Tariff Sales
Residential	$	762.2	$	467.8	$	234.0	$	599.1	$	404.6	$	182.5
Commercial	295.3		384.3		108.6		242.2		331.3		88.4
Industrial	33.9		32.6		22.6		33.5		34.1		22.0
Total Retail Tariff Sales Revenues	1,091.4		884.7		365.2		874.8		770.0		292.9
Wholesale Transmission Revenues	195.8		167.8		71.4		209.1		165.2		71.9
Wholesale Market Sales Revenues	154.6		41.1		21.6		279.9		57.9		27.7
Other Revenues from Contracts with Customers	9.3		10.8		2.9		7.9		11.6		2.6
Amortization of Revenues Subject to Refund (1)	0.7		—		—		58.4		—		—
Total Revenues from Contracts with Customers	1,451.8		1,104.4		461.1		1,430.1		1,004.7		395.1
Alternative Revenue Programs	24.6		(9.5)		9.6		1.3		(8.2)		(3.3)
Other Revenues	2.2		2.5		1.0		0.1		2.0		0.9
Eliminations	(139.7)		(141.1)		(51.5)		(145.7)		(135.3)		(53.3)
Total Operating Revenues	$	1,338.9	$	956.3	$	420.2	$	1,285.8	$	863.2	$	339.4

(1)    Amortization of/(Reserve for) Revenues Subject to Refund within the Electric Distribution segment in the first quarter of 2022 represents customer credits being distributed to CL&P’s customers on retail electric bills as a result of the October 2021 CL&P settlement agreement and the 2021 civil penalty for non-compliance with storm performance standards. Total customer credits as a result of the 2021 settlement and civil penalty were $93.4 million. The settlement amount of $65 million was refunded over a two-month billing period from December 1, 2021 to January 31, 2022 and the civil penalty of $28.4 million was refunded over a one year billing period, which began September 1, 2021.