PROPERTY, PLANT AND ACCUMULATED DEPRECIATION

3 Months Ended

Mar. 31, 2016

Notes To Consolidated Financial Statements [Abstract]

Property Plant And Equipment Disclosure [Text Block]

3. PROPERTY, PLANT AND EQUIPMENT AND ACCUMULATED DEPRECIATION

The following tables summarize the investments in utility property, plant and equipment by asset category:

		As of March 31, 2016		As of December 31, 2015
(Millions of Dollars)		Eversource		Eversource
Distribution - Electric		$	13,227.4	$	13,054.8
Distribution - Natural Gas			2,759.1		2,727.2
Transmission - Electric			7,725.3		7,691.9
Generation			1,210.3		1,194.1
Electric and Natural Gas Utility			24,922.1		24,668.0
Other ⁽¹⁾			575.5		558.6
Property, Plant and Equipment, Gross			25,497.6		25,226.6
Less: Accumulated Depreciation
	Electric and Natural Gas Utility		(6,249.0)		(6,141.1)
	Other		(264.8)		(255.6)
Total Accumulated Depreciation			(6,513.8)		(6,396.7)
Property, Plant and Equipment, Net			18,983.8		18,829.9
Construction Work in Progress			1,112.9		1,062.5
Total Property, Plant and Equipment, Net		$	20,096.7	$	19,892.4

(1) These assets are primarily comprised of building improvements, computer software, hardware and equipment at Eversource Service.

	As of March 31, 2016								As of December 31, 2015
			NSTAR								NSTAR
(Millions of Dollars)	CL&P		Electric		PSNH		WMECO		CL&P		Electric		PSNH		WMECO
Distribution	$	5,429.5	$	5,176.1	$	1,839.5	$	822.2	$	5,377.2	$	5,100.5	$	1,804.8	$	812.3
Transmission		3,631.3		2,137.7		936.1		971.0		3,618.0		2,131.3		928.2		964.9
Generation		-		-		1,174.3		36.0		-		-		1,158.1		36.0
Property, Plant and Equipment, Gross		9,060.8		7,313.8		3,949.9		1,829.2		8,995.2		7,231.8		3,891.1		1,813.2
Less: Accumulated Depreciation		(2,073.7)		(1,924.4)		(1,192.0)		(317.0)		(2,041.9)		(1,886.8)		(1,171.0)		(307.0)
Property, Plant and Equipment, Net		6,987.1		5,389.4		2,757.9		1,512.2		6,953.3		5,345.0		2,720.1		1,506.2
Construction Work in Progress		244.1		310.7		123.5		78.3		203.5		310.5		135.3		69.1
Total Property, Plant and Equipment, Net	$	7,231.2	$	5,700.1	$	2,881.4	$	1,590.5	$	7,156.8	$	5,655.5	$	2,855.4	$	1,575.3

As of March 31, 2016, PSNH had $1.2 billion in gross generation utility plant assets and related Accumulated Depreciation of $531.7 million. These generation assets are the subject of a divestiture agreement entered into on June 10, 2015 between Eversource, PSNH and key New Hampshire officials whereby PSNH agreed to divest these generation assets upon NHPUC approval. Upon completion of the divestiture process, all remaining costs not recovered by the sale of these assets (stranded costs) will be recovered via bonds that will be secured by a non-bypassable charge or other recovery mechanisms in rates billed to PSNH's customers. See Note 8E, "Commitments and Contingencies – PSNH Generation Restructuring," for further information.