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REVENUES (Tables)
6 Months Ended
Jun. 30, 2023
Revenue from Contract with Customer [Abstract]  
Operating Revenues Disaggregated by Revenue Source The following tables present operating revenues disaggregated by revenue source:
For the Three Months Ended June 30, 2023
Eversource
(Millions of Dollars)
Electric
Distribution
Natural Gas
Distribution
Electric
Transmission
Water DistributionOtherEliminationsTotal
Revenues from Contracts with Customers
Retail Tariff Sales
Residential $1,142.2 $198.4 $— $38.9 $— $— $1,379.5 
Commercial 692.1 129.9 — 18.2 — (1.2)839.0 
Industrial84.9 41.9 — 1.1 — (4.7)123.2 
Total Retail Tariff Sales Revenues1,919.2 370.2 — 58.2 — (5.9)2,341.7 
Wholesale Transmission Revenues— — 403.0 — — (303.8)99.2 
Wholesale Market Sales Revenues112.3 39.8 — 1.0 — — 153.1 
Other Revenues from Contracts with Customers21.0 1.1 4.5 2.0 408.8 (405.8)31.6 
Total Revenues from Contracts with Customers2,052.5 411.1 407.5 61.2 408.8 (715.5)2,625.6 
Alternative Revenue Programs(3.0)(3.1)72.5 (3.4)— (65.7)(2.7)
Other Revenues4.9 1.1 0.1 0.3 — — 6.4 
Total Operating Revenues$2,054.4 $409.1 $480.1 $58.1 $408.8 $(781.2)$2,629.3 
For the Six Months Ended June 30, 2023
Eversource
(Millions of Dollars)
Electric
Distribution
Natural Gas
Distribution
Electric
Transmission
Water DistributionOtherEliminationsTotal
Revenues from Contracts with Customers
Retail Tariff Sales
Residential $2,606.2 $774.9 $— $67.9 $— $— $3,449.0 
Commercial 1,480.5 450.0 — 33.7 — (2.3)1,961.9 
Industrial174.1 111.4 — 2.1 — (9.7)277.9 
Total Retail Tariff Sales Revenues4,260.8 1,336.3 — 103.7 — (12.0)5,688.8 
Wholesale Transmission Revenues— — 838.1 — — (629.1)209.0 
Wholesale Market Sales Revenues329.6 88.9 — 1.8 — — 420.3 
Other Revenues from Contracts with Customers39.2 2.7 9.1 4.0 822.7 (818.3)59.4 
Total Revenues from Contracts with Customers4,629.6 1,427.9 847.2 109.5 822.7 (1,459.4)6,377.5 
Alternative Revenue Programs3.1 24.3 91.2 (1.7)— (82.7)34.2 
Other Revenues10.3 2.1 0.4 0.5 — — 13.3 
Total Operating Revenues$4,643.0 $1,454.3 $938.8 $108.3 $822.7 $(1,542.1)$6,425.0 
For the Three Months Ended June 30, 2022
Eversource
(Millions of Dollars)
Electric
Distribution
Natural Gas
Distribution
Electric
Transmission
Water DistributionOtherEliminationsTotal
Revenues from Contracts with Customers
Retail Tariff Sales
Residential $1,004.8 $218.5 $— $35.3 $— $— $1,258.6 
Commercial 664.1 122.6 — 16.7 — (1.4)802.0 
Industrial88.9 43.5 — 1.1 — (5.1)128.4 
Total Retail Tariff Sales Revenues1,757.8 384.6 — 53.1 — (6.5)2,189.0 
Wholesale Transmission Revenues— — 334.5 — 25.1 (266.4)93.2 
Wholesale Market Sales Revenues212.6 33.2 — 0.9 — — 246.7 
Other Revenues from Contracts with Customers24.9 1.2 3.9 1.9 310.6 (309.8)32.7 
Total Revenues from Contracts with Customers1,995.3 419.0 338.4 55.9 335.7 (582.7)2,561.6 
Alternative Revenue Programs6.8 (3.0)119.0 (1.4)— (113.2)8.2 
Other Revenues2.3 0.2 0.2 0.1 — — 2.8 
Total Operating Revenues$2,004.4 $416.2 $457.6 $54.6 $335.7 $(695.9)$2,572.6 
For the Six Months Ended June 30, 2022
Eversource
(Millions of Dollars)
Electric
Distribution
Natural Gas
Distribution
Electric
Transmission
Water DistributionOtherEliminationsTotal
Revenues from Contracts with Customers
Retail Tariff Sales
Residential $2,191.0 $775.3 $— $63.4 $— $— $3,029.7 
Commercial 1,325.5 380.1 — 31.3 — (2.5)1,734.4 
Industrial178.5 111.6 — 2.2 — (9.6)282.7 
Total Retail Tariff Sales Revenues3,695.0 1,267.0 — 96.9 — (12.1)5,046.8 
Wholesale Transmission Revenues— — 780.7 — 49.6 (631.1)199.2 
Wholesale Market Sales Revenues578.1 66.7 — 1.7 — — 646.5 
Other Revenues from Contracts with Customers36.1 2.2 7.0 4.2 669.7 (662.9)56.3 
Amortization of/(Reserve for)
   Revenues Subject to Refund (1)
64.9 — 0.7 (0.7)— — 64.9 
Total Revenues from Contracts with Customers4,374.1 1,335.9 788.4 102.1 719.3 (1,306.1)6,013.7 
Alternative Revenue Programs11.5 7.2 104.0 0.8 — (99.6)23.9 
Other Revenues5.1 0.7 0.4 0.2 — — 6.4 
Total Operating Revenues$4,390.7 $1,343.8 $892.8 $103.1 $719.3 $(1,405.7)$6,044.0 
For the Three Months Ended June 30, 2023For the Three Months Ended June 30, 2022
(Millions of Dollars)CL&PNSTAR ElectricPSNHCL&PNSTAR ElectricPSNH
Revenues from Contracts with Customers
Retail Tariff Sales
Residential $593.7 $370.5 $178.0 $526.1 $326.9 $151.8 
Commercial 255.0 347.2 90.2 255.3 327.8 81.7 
Industrial31.3 31.1 22.5 36.0 30.6 22.3 
Total Retail Tariff Sales Revenues880.0 748.8 290.7 817.4 685.3 255.8 
Wholesale Transmission Revenues172.5 166.9 63.6 115.8 163.6 55.1 
Wholesale Market Sales Revenues62.9 32.5 16.9 143.4 47.8 21.4 
Other Revenues from Contracts with Customers8.8 12.9 4.4 14.7 11.8 3.0 
Total Revenues from Contracts with Customers1,124.2 961.1 375.6 1,091.3 908.5 335.3 
Alternative Revenue Programs52.6 (5.0)21.9 92.2 14.3 19.3 
Other Revenues2.5 1.8 0.7 0.2 1.6 0.7 
Eliminations(145.2)(138.9)(48.1)(148.0)(140.7)(48.2)
Total Operating Revenues$1,034.1 $819.0 $350.1 $1,035.7 $783.7 $307.1 
For the Six Months Ended June 30, 2023For the Six Months Ended June 30, 2022
(Millions of Dollars)CL&PNSTAR ElectricPSNHCL&PNSTAR ElectricPSNH
Revenues from Contracts with Customers
Retail Tariff Sales
Residential $1,355.9 $838.3 $412.0 $1,125.2 $731.5 $334.3 
Commercial 550.3 731.5 198.8 497.5 659.1 170.1 
Industrial65.2 63.8 45.1 69.5 64.7 44.3 
Total Retail Tariff Sales Revenues1,971.4 1,633.6 655.9 1,692.2 1,455.3 548.7 
Wholesale Transmission Revenues368.3 334.7 135.1 325.0 328.8 126.9 
Wholesale Market Sales Revenues217.6 73.6 38.4 423.4 105.6 49.1 
Other Revenues from Contracts with Customers17.0 23.6 7.3 15.3 23.4 5.7 
Amortization of Revenues Subject to Refund (1)
1.7 — — 65.6 — — 
Total Revenues from Contracts with Customers2,576.0 2,065.5 836.7 2,521.5 1,913.1 730.4 
Alternative Revenue Programs77.3 (14.5)31.5 93.4 6.1 16.0 
Other Revenues4.7 4.3 1.7 0.3 3.6 1.6 
Eliminations(284.9)(280.0)(99.7)(293.7)(276.0)(101.5)
Total Operating Revenues$2,373.1 $1,775.3 $770.2 $2,321.5 $1,646.8 $646.5 
(1)    Amortization of/(Reserve for) Revenues Subject to Refund within the Electric Distribution segment in the first half 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.