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CONDENSED CONSOLIDATED STATEMENTS OF INCOME - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2021
Mar. 31, 2020
Operating Revenues $ 2,825,840 $ 2,373,726
Operating Expenses:    
Purchased Power, Fuel and Transmission 998,491 876,570
Operations and Maintenance 465,542 342,062
Depreciation 270,704 236,211
Amortization 108,013 49,776
Energy Efficiency Programs 188,063 148,393
Taxes Other Than Income Taxes 209,459 181,594
Total Operating Expenses 2,240,272 1,834,606
Operating Income/(Loss) 585,568 539,120
Interest Expense 137,766 134,715
Other Income, Net 34,201 24,104
Income Before Income Tax Expense 482,003 428,509
Income Tax Expense 113,980 91,876
Net Income 368,023 336,633
Net Income Attributable to Noncontrolling Interests 1,880 1,880
Net Income Attributable to Common Shareholders $ 366,143 $ 334,753
Basic Earnings Per Common Share (in dollars per share) $ 1.07 $ 1.01
Diluted Earnings Per Common Share (in dollars per share) $ 1.06 $ 1.01
Weighted Average Common Shares Outstanding:    
Basic (in shares) 343,678,243 331,102,237
Diluted (in shares) 344,334,689 332,937,153
The Connecticut Light and Power Company    
Operating Revenues $ 987,274 $ 899,703
Operating Expenses:    
Purchased Power, Fuel and Transmission 373,274 374,717
Operations and Maintenance 175,420 135,597
Depreciation 83,405 78,435
Amortization of Regulatory Assets, Net 62,775 6,548
Energy Efficiency Programs 35,573 35,479
Taxes Other Than Income Taxes 91,392 82,987
Total Operating Expenses 821,839 713,763
Operating Income/(Loss) 165,435 185,940
Interest Expense 38,979 37,883
Other Income, Net 4,908 1,898
Income Before Income Tax Expense 131,364 149,955
Income Tax Expense 32,966 31,217
Net Income 98,398 118,738
NSTAR Electric Company    
Operating Revenues 737,043 733,833
Operating Expenses:    
Purchased Power, Fuel and Transmission 226,478 242,439
Operations and Maintenance 143,219 122,318
Depreciation 82,793 78,345
Amortization of Regulatory Assets, Net 18,418 27,008
Energy Efficiency Programs 75,099 68,667
Taxes Other Than Income Taxes 54,652 48,722
Total Operating Expenses 600,659 587,499
Operating Income/(Loss) 136,384 146,334
Interest Expense 32,306 31,017
Other Income, Net 16,812 12,238
Income Before Income Tax Expense 120,890 127,555
Income Tax Expense 26,966 27,165
Net Income 93,924 100,390
Public Service Company of New Hampshire    
Operating Revenues 293,435 276,368
Operating Expenses:    
Purchased Power, Fuel and Transmission 91,609 94,138
Operations and Maintenance 54,664 47,128
Depreciation 29,468 24,334
Amortization of Regulatory Assets, Net 18,547 20,110
Energy Efficiency Programs 10,348 9,364
Taxes Other Than Income Taxes 22,149 19,701
Total Operating Expenses 226,785 214,775
Operating Income/(Loss) 66,650 61,593
Interest Expense 14,630 14,479
Other Income, Net 4,166 3,190
Income Before Income Tax Expense 56,186 50,304
Income Tax Expense 11,510 10,703
Net Income $ 44,676 $ 39,601