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PUBLIC SERVICE COMPANY OF NEW HAMPSHIRE AND SUBSIDIARIES CONDENSED CONSOLIDATED STATEMENTS OF INCOME - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Jun. 30, 2023
Jun. 30, 2022
Operating Revenues $ 2,629,342 $ 2,572,641 $ 6,424,985 $ 6,043,951
Operating Expenses:        
Purchased Power and Transmission 1,161,067 940,541 3,064,313 2,330,237
Operations and Maintenance 427,290 452,174 881,852 924,608
Depreciation 319,995 294,238 632,949 583,568
Energy Efficiency Programs 145,823 136,679 368,774 336,163
Taxes Other Than Income Taxes 232,927 223,031 461,344 443,395
Total Operating Expenses 2,068,680 2,117,072 5,114,751 4,925,328
Operating Income 560,662 455,569 1,310,234 1,118,623
Interest Expense 207,313 160,090 401,858 313,334
Other Income, Net 94,875 93,861 183,857 165,422
Income Before Income Tax Expense 47,224 389,340 691,233 970,711
Income Tax Expense 29,922 95,598 180,893 231,643
Net Income 17,302 293,742 510,340 739,068
PSNH        
Operating Revenues 350,070 307,055 770,225 646,482
Operating Expenses:        
Purchased Power and Transmission 144,829 110,803 371,514 236,647
Operations and Maintenance 64,503 66,730 132,298 126,303
Depreciation 34,702 31,557 68,790 62,810
Amortization of Regulatory (Liabilities)/Assets, Net (19,954) 9,218 (25,271) 36,052
Energy Efficiency Programs 9,149 8,817 19,376 17,535
Taxes Other Than Income Taxes 25,531 25,261 47,636 48,046
Total Operating Expenses 258,760 252,386 614,343 527,393
Operating Income 91,310 54,669 155,882 119,089
Interest Expense 19,106 14,757 36,649 28,402
Other Income, Net 6,301 7,782 12,019 15,292
Income Before Income Tax Expense 78,505 47,694 131,252 105,979
Income Tax Expense 18,143 10,656 30,594 23,355
Net Income $ 60,362 $ 37,038 $ 100,658 $ 82,624