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SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES - Schedule of AFUDC and Weighted Average AFUDC (Details) - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Components of Other Operating Costs and Expense [Line Items]      
Borrowed Funds $ 44.6 $ 21.8 $ 18.4
Equity Funds 78.1 47.3 37.3
Total AFUDC $ 122.7 $ 69.1 $ 55.7
Average AFUDC Rate (in percent) 5.80% 4.70% 4.20%
CL&P      
Components of Other Operating Costs and Expense [Line Items]      
Borrowed Funds $ 7.7 $ 4.8 $ 2.9
Equity Funds 20.0 13.6 7.7
Total AFUDC $ 27.7 $ 18.4 $ 10.6
Average AFUDC Rate (in percent) 6.70% 6.60% 5.00%
NSTAR Electric      
Components of Other Operating Costs and Expense [Line Items]      
Borrowed Funds $ 17.2 $ 10.7 $ 9.0
Equity Funds 45.7 24.6 20.4
Total AFUDC $ 62.9 $ 35.3 $ 29.4
Average AFUDC Rate (in percent) 5.90% 5.40% 4.90%
PSNH      
Components of Other Operating Costs and Expense [Line Items]      
Borrowed Funds $ 6.1 $ 1.4 $ 0.8
Equity Funds 5.4 2.5 1.6
Total AFUDC $ 11.5 $ 3.9 $ 2.4
Average AFUDC Rate (in percent) 5.10% 2.60% 2.50%