XML 47 R43.htm IDEA: XBRL DOCUMENT v3.3.0.814
DERIVATIVE INSTURMENTS (Details)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2015
USD ($)
$ / KWmo
Sep. 30, 2014
USD ($)
Sep. 30, 2015
USD ($)
$ / KWmo
Sep. 30, 2014
USD ($)
Dec. 31, 2014
USD ($)
$ / KWmo
$ / REC
Derivative Instrument Detail Abstract          
Derivative Liabilities, Noncurrent $ (365,692)   $ (365,692)   $ (409,632)
Other Derivatives Not Designated As Hedging Instruments At Fair Value Net Total Abstract          
Description of Derivative Activity Volume     As required by regulation, CL&P, along with UI, has capacity-related contracts with generation facilities. CL&P has a sharing agreement with UI, with 80 percent of each contract allocated to CL&P and 20 percent allocated to UI. The combined capacity of these contracts is 787 MW. The capacity contracts extend through 2026 and obligate both CL&P and UI to make or receive payments on a monthly basis to or from the generation facilities based on the difference between a set capacity price and the capacity market price received in the ISO-NE capacity markets. In addition, CL&P has a contract to purchase 0.1 million MWh of energy per year through 2020. NSTAR Electric has a renewable energy contract to purchase 0.1 million MWh of energy per year through 2018 and a capacity-related contract to purchase up to 35 MW per year through 2019. As of September 30, 2015 and December 31, 2014, Eversource had NYMEX financial contracts for natural gas futures in order to reduce variability associated with the purchase price of approximately 9.9 million and 8.8 million MMBtu of natural gas, respectively.    
Derivative Instruments Not Designated As Hedging Instruments Gain Loss Net Abstract          
Derivative Instruments Gain Loss Recognized In Regulatory Asset Liability (8,800) $ (15,700) $ (58,900) $ 149,900  
Derivative Credit Risk Related Contingent Features Abstract          
Derivative Net Liability Position Aggregate Fair Value (4,600)   (4,600)   (10,000)
Additional Collateral Aggregate Fair Value 4,700   $ 4,700   10,000
FairValueInputsQuantitativeInformation[Abstract]          
FairValueInputsExitPricePremium     Exit price premiums of 6 percent through 23 percent are also applied on these contracts and reflect the most recent market activity available for similar type contracts    
The Connecticut Light And Power Company [Member]          
Derivative Instrument Detail Abstract          
Derivative Liabilities - Current (91,372)   $ (91,372)   (88,459)
Derivative Liabilities, Noncurrent $ (364,691)   $ (364,691)   (406,199)
Other Derivatives Not Designated As Hedging Instruments At Fair Value Net Total Abstract          
Description of Derivative Activity Volume     As required by regulation, CL&P, along with UI, has capacity-related contracts with generation facilities. CL&P has a sharing agreement with UI, with 80 percent of each contract allocated to CL&P and 20 percent allocated to UI. The combined capacity of these contracts is 787 MW. The capacity contracts extend through 2026 and obligate both CL&P and UI to make or receive payments on a monthly basis to or from the generation facilities based on the difference between a set capacity price and the capacity market price received in the ISO-NE capacity markets. In addition, CL&P has a contract to purchase 0.1 million MWh of energy per year through 2020.    
NSTAR Electric Company [Member]          
Other Derivatives Not Designated As Hedging Instruments At Fair Value Net Total Abstract          
Description of Derivative Activity Volume NSTAR Electric has a renewable energy contract to purchase 0.1 million MWh of energy per year through 2018 and a capacity-related contract to purchase up to 35 MW per year through 2019.        
Fair Value Inputs Level 2 [Member]          
Derivative Instrument Detail Abstract          
Derivative Liabilities - Current $ (4,600)   $ (4,600)   (9,800)
Derivative Liabilities, Noncurrent 0   0   (300)
Fair Value Inputs Level 3 [Member]          
Derivative Instrument Detail Abstract          
Derivative Assets - Current 5,800   5,800   9,600
Derivative Liabilities - Current (92,600)   (92,600)   (90,000)
Derivative Liabilities, Noncurrent (365,700)   (365,700)   (409,300)
Derivative Assets Noncurrent $ 45,500   $ 45,500   $ 74,300
Fair Value Inputs Level 3 [Member] | Minimum [Member]          
FairValueInputsQuantitativeInformation[Abstract]          
FairValueInputsCapacityPrices | $ / KWmo 10.30   10.30   5.30
FairValueInputsRenewableEnergyCreditPrices | $ / KWmo 45   45   38
FairValueInputsForwardReserve | $ / KWmo 2.00   2.00   5.80
Fair Value Inputs Level 3 [Member] | Maximum [Member]          
FairValueInputsQuantitativeInformation[Abstract]          
FairValueInputsCapacityPrices | $ / KWmo 13.13   13.13   12.98
FairValueInputsRenewableEnergyCreditPrices 50   50   56
FairValueInputsForwardReserve | $ / KWmo     9.50
Fair Value Inputs Level 3 [Member] | The Connecticut Light And Power Company [Member]          
Derivative Instrument Detail Abstract          
Derivative Assets - Current $ 5,800   $ 5,800   $ 9,500
Derivative Liabilities - Current (91,400)   (91,400)   (88,500)
Derivative Liabilities, Noncurrent (364,700)   (364,700)   (406,200)
Derivative Assets Noncurrent $ 43,400   $ 43,400   $ 74,300
Fair Value Inputs Level 3 [Member] | The Connecticut Light And Power Company [Member] | Minimum [Member]          
FairValueInputsQuantitativeInformation[Abstract]          
FairValueInputsCapacityPrices | $ / KWmo 10.81   10.81   11.08
FairValueInputsForwardReserve | $ / KWmo 2.00   2.00   5.80
Fair Value Inputs Level 3 [Member] | The Connecticut Light And Power Company [Member] | Maximum [Member]          
FairValueInputsQuantitativeInformation[Abstract]          
FairValueInputsCapacityPrices | $ / KWmo 12.60   12.60   12.98
FairValueInputsForwardReserve | $ / KWmo     9.50
Fair Value Inputs Level 3 [Member] | NSTAR Electric Company [Member]          
Derivative Instrument Detail Abstract          
Derivative Assets - Current         $ 100
Derivative Liabilities - Current $ (1,200)   $ (1,200)   (1,500)
Derivative Liabilities, Noncurrent (1,000)   (1,000)   $ (3,100)
Derivative Assets Noncurrent $ 2,100   $ 2,100    
Fair Value Inputs Level 3 [Member] | NSTAR Electric Company [Member] | Minimum [Member]          
FairValueInputsQuantitativeInformation[Abstract]          
FairValueInputsCapacityPrices | $ / KWmo 10.30   10.30   5.30
FairValueInputsRenewableEnergyCreditPrices 45   45   38
Fair Value Inputs Level 3 [Member] | NSTAR Electric Company [Member] | Maximum [Member]          
FairValueInputsQuantitativeInformation[Abstract]          
FairValueInputsCapacityPrices | $ / KWmo 13.13   13.13   11.10
FairValueInputsRenewableEnergyCreditPrices 50   50   56
Amount Offset Against Derivatives [Member] | Fair Value Inputs Level 2 [Member]          
Derivative Instrument Detail Abstract          
Derivative Liabilities - Current $ 0   $ 0    
Amount Offset Against Derivatives [Member] | Fair Value Inputs Level 3 [Member]          
Derivative Instrument Detail Abstract          
Derivative Assets - Current (10,800)   (10,800)   $ (6,600)
Derivative Liabilities - Current 0   0    
Derivative Assets Noncurrent (22,200)   (22,200)   (19,200)
Amount Offset Against Derivatives [Member] | Fair Value Inputs Level 3 [Member] | The Connecticut Light And Power Company [Member]          
Derivative Instrument Detail Abstract          
Derivative Assets - Current (10,800)   (10,800)   (6,600)
Derivative Assets Noncurrent (22,200)   (22,200)   (19,200)
Commodity [Member] | Fair Value Inputs Level 2 [Member]          
Derivative Instrument Detail Abstract          
Derivative Liabilities - Current (4,600)   (4,600)   (9,800)
Derivative Liabilities, Noncurrent 0   0   (300)
Commodity [Member] | Fair Value Inputs Level 3 [Member]          
Derivative Instrument Detail Abstract          
Derivative Assets - Current 16,600   16,600   16,200
Derivative Liabilities - Current (92,600)   (92,600)   (90,000)
Derivative Liabilities, Noncurrent (365,700)   (365,700)   (409,300)
Derivative Assets Noncurrent 67,700   67,700   93,500
Commodity [Member] | Fair Value Inputs Level 3 [Member] | The Connecticut Light And Power Company [Member]          
Derivative Instrument Detail Abstract          
Derivative Assets - Current 16,600   16,600   16,100
Derivative Liabilities - Current (91,400)   (91,400)   (88,500)
Derivative Liabilities, Noncurrent (364,700)   (364,700)   (406,200)
Derivative Assets Noncurrent 65,600   65,600   93,500
Commodity [Member] | Fair Value Inputs Level 3 [Member] | NSTAR Electric Company [Member]          
Derivative Instrument Detail Abstract          
Derivative Assets - Current         100
Derivative Liabilities - Current (1,200)   (1,200)   (1,500)
Derivative Liabilities, Noncurrent (1,000)   (1,000)   $ (3,100)
Derivative Assets Noncurrent $ 2,100   $ 2,100