REGULATORY ACCOUNTING (Tables)

6 Months Ended

Jun. 30, 2011

Notes To Consolidated Financial Statements [Abstract]

Schedule Of Regulatory Assets Text Block

Regulatory Assets: The components of regulatory assets are as follows:
	As of June 30, 2011		As of December 31, 2010
(Millions of Dollars)	NU		NU
Deferred Benefit Costs	$	1,036.1	$	1,094.2
Regulatory Assets Offsetting Derivative Liabilities		866.9		859.7
Securitized Assets		137.3		171.7
Income Taxes, Net		419.0		401.5
Unrecovered Contractual Obligations		112.4		123.2
Regulatory Tracker Deferrals		48.3		70.3
Storm Cost Deferrals		77.3		60.1
Asset Retirement Obligations		46.9		45.3
Losses on Reacquired Debt		22.3		21.5
Deferred Environmental Remediation Costs		39.8		36.8
Deferred Operation and Maintenance Costs		7.8		29.5
Other Regulatory Assets		84.1		81.5
Total Regulatory Assets	$	2,898.2	$	2,995.3
Less: Current Portion	$	242.1	$	238.7
Total Long-Term Regulatory Assets	$	2,656.1	$	2,756.6

	As of June 30, 2011						As of December 31, 2010
(Millions of Dollars)	CL&P		PSNH		WMECO		CL&P		PSNH		WMECO
Deferred Benefit Costs	$	445.6	$	145.9	$	91.2	$	471.8	$	152.6	$	96.0
Regulatory Assets Offsetting Derivative Liabilities		859.8		6.7		-		846.2		12.8		-
Securitized Assets		-		103.6		33.7		-		129.8		41.9
Income Taxes, Net		340.4		35.2		16.6		328.9		31.4		16.8
Unrecovered Contractual Obligations		89.6		-		22.8		97.9		-		25.3
Regulatory Tracker Deferrals		13.9		13.9		16.0		35.5		14.7		15.2
Storm Cost Deferrals		10.4		48.5		18.4		4.0		40.7		15.4
Asset Retirement Obligations		26.0		14.9		3.1		24.9		14.7		3.0
Losses on Reacquired Debt		11.1		9.5		0.3		11.2		8.4		0.4
Deferred Environmental Remediation Costs		-		9.7		-		-		9.7		-
Deferred Operation and Maintenance Costs		7.8		-		-		29.5		-		-
Other Regulatory Assets		27.5		26.4		9.3		29.0		19.6		13.1
Total Regulatory Assets	$	1,832.1	$	414.3	$	211.4	$	1,878.9	$	434.4	$	227.1
Less: Current Portion	$	163.9	$	38.7	$	19.5	$	157.5	$	39.2	$	19.5
Total Long-Term Regulatory Assets	$	1,668.2	$	375.6	$	191.9	$	1,721.4	$	395.2	$	207.6

Schedule Of Regulatory Liabilities Text Block

Regulatory Liabilities: The components of regulatory liabilities are as follows:
	As of June 30, 2011		As of December 31, 2010
(Millions of Dollars)	NU		NU
Cost of Removal	$	186.7	$	194.8
Regulatory Liabilities Offsetting Derivative Assets		-		38.1
Regulatory Tracker Deferrals		124.4		95.1
AFUDC Transmission Incentive		67.5		62.1
Pension Liability - Yankee Gas Acquisition		11.3		12.5
Overrecovered Spent Nuclear Fuel Costs and Contractual Obligations		14.6		14.6
Wholesale Transmission Overcollections		8.7		13.7
Other Regulatory Liabilities		13.7		8.2
Total Regulatory Liabilities	$	426.9	$	439.1
Less: Current Portion	$	153.0	$	99.4
Total Long-Term Regulatory Liabilities	$	273.9	$	339.7

		As of June 30, 2011								As of December 31, 2010
(Millions of Dollars)		CL&P		PSNH		WMECO		CL&P			PSNH		WMECO
Cost of Removal		$	72.8	$	55.8	$	9.3	$	78.6		$	57.3	$	9.5
Regulatory Liabilities Offsetting
	Derivative Assets		-		-		-		38.1			-		-
Regulatory Tracker Deferrals			84.8		19.4		11.6		79.4			6.6		4.8
AFUDC Transmission Incentive			58.2		-		9.3		56.5			-		5.6
Overrecovered Spent Nuclear Fuel Costs and
	Contractual Obligations		14.6		-		-		14.6			-		-
Wholesale Transmission Overcollections			7.6		-		1.1		13.7			-		-
WMECO Provision For Rate Refunds			-		-		1.8		-			-		2.0
Other Regulatory Liabilities			6.5		4.3		0.4		1.2			3.1		1.1
Total Regulatory Liabilities		$	244.5	$	79.5	$	33.5	$	282.1		$	67.0	$	23.0
Less: Current Portion		$	102.9	$	22.4	$	16.6	$	75.7		$	8.4	$	8.0
Total Long-Term Regulatory Liabilities		$	141.6	$	57.1	$	16.9	$	206.4		$	58.6	$	15.0