REGULATORY ACCOUNTING (Tables)

9 Months Ended

Sep. 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 September 30, 2011		As of December 31, 2010
(Millions of Dollars)	NU		NU
Deferred Benefit Costs	$	1,006.6	$	1,094.2
Regulatory Assets Offsetting Derivative Liabilities		895.3		859.7
Securitized Assets		119.7		171.7
Income Taxes, Net		417.1		401.5
Unrecovered Contractual Obligations		106.9		123.2
Regulatory Tracker Deferrals		30.4		70.3
Storm Cost Deferrals		171.7		60.1
Asset Retirement Obligations		47.7		45.3
Losses on Reacquired Debt		21.8		21.5
Deferred Environmental Remediation Costs		39.0		36.8
Deferred Operation and Maintenance Costs		5.9		29.5
Other Regulatory Assets		79.5		81.5
Total Regulatory Assets	$	2,941.6	$	2,995.3
Less: Current Portion	$	235.5	$	238.7
Total Long-Term Regulatory Assets	$	2,706.1	$	2,756.6

	As of September 30, 2011						As of December 31, 2010
(Millions of Dollars)	CL&P		PSNH		WMECO		CL&P		PSNH		WMECO
Deferred Benefit Costs	$	432.9	$	141.4	$	88.6	$	471.8	$	152.6	$	96.0
Regulatory Assets Offsetting Derivative Liabilities		891.6		3.3		-		846.2		12.8		-
Securitized Assets		-		90.1		29.6		-		129.8		41.9
Income Taxes, Net		333.5		37.6		16.9		328.9		31.4		16.8
Unrecovered Contractual Obligations		85.4		-		21.5		97.9		-		25.3
Regulatory Tracker Deferrals		7.1		2.3		15.9		35.5		14.7		15.2
Storm Cost Deferrals		104.9		46.2		20.6		4.0		40.7		15.4
Asset Retirement Obligations		26.6		15.1		3.2		24.9		14.7		3.0
Losses on Reacquired Debt		10.9		9.2		0.3		11.2		8.4		0.4
Deferred Environmental Remediation Costs		-		9.7		-		-		9.7		-
Deferred Operation and Maintenance Costs		5.9		-		-		29.5		-		-
Other Regulatory Assets		26.6		23.9		9.9		29.0		19.6		13.1
Total Regulatory Assets	$	1,925.4	$	378.8	$	206.5	$	1,878.9	$	434.4	$	227.1
Less: Current Portion	$	170.3	$	20.7	$	24.2	$	157.5	$	39.2	$	19.5
Total Long-Term Regulatory Assets	$	1,755.1	$	358.1	$	182.3	$	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 September 30, 2011		As of December 31, 2010
(Millions of Dollars)	NU		NU
Cost of Removal	$	180.7	$	194.8
Regulatory Liabilities Offsetting Derivative Assets		-		38.1
Regulatory Tracker Deferrals		152.4		95.1
AFUDC Transmission Incentive		67.2		62.1
Pension Liability - Yankee Gas Acquisition		10.6		12.5
Overrecovered Spent Nuclear Fuel Costs and Contractual Obligations		14.6		14.6
Wholesale Transmission Overcollections		10.5		13.7
Other Regulatory Liabilities		14.8		8.2
Total Regulatory Liabilities	$	450.8	$	439.1
Less: Current Portion	$	174.6	$	99.4
Total Long-Term Regulatory Liabilities	$	276.2	$	339.7

		As of September 30, 2011								As of December 31, 2010
(Millions of Dollars)		CL&P		PSNH		WMECO		CL&P			PSNH		WMECO
Cost of Removal		$	69.6	$	55.2	$	7.6	$	78.6		$	57.3	$	9.5
Regulatory Liabilities Offsetting
	Derivative Assets		-		-		-		38.1			-		-
Regulatory Tracker Deferrals			107.6		22.5		20.9		79.4			6.6		4.8
AFUDC Transmission Incentive			57.9		-		9.3		56.5			-		5.6
Overrecovered Spent Nuclear Fuel Costs and
	Contractual Obligations		14.6		-		-		14.6			-		-
Wholesale Transmission Overcollections			2.0		-		8.5		13.7			-		-
WMECO Provision For Rate Refunds			-		-		1.3		-			-		2.0
Other Regulatory Liabilities			6.1		4.5		2.0		1.2			3.1		1.1
Total Regulatory Liabilities		$	257.8	$	82.2	$	49.6	$	282.1		$	67.0	$	23.0
Less: Current Portion		$	111.9	$	25.6	$	32.6	$	75.7		$	8.4	$	8.0
Total Long-Term Regulatory Liabilities		$	145.9	$	56.6	$	17.0	$	206.4		$	58.6	$	15.0