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REVENUES (Tables)
9 Months Ended
Sep. 30, 2021
Revenue from Contract with Customer [Abstract]  
Operating Revenues Disaggregated by Revenue Source The following tables present operating revenues disaggregated by revenue source:
For the Three Months Ended September 30, 2021
Eversource
(Millions of Dollars)
Electric
Distribution
Natural Gas
Distribution
Electric
Transmission
Water DistributionOtherEliminationsTotal
Revenues from Contracts with Customers
Retail Tariff Sales
Residential $1,146.8 $81.7 $— $39.1 $— $— $1,267.6 
Commercial 748.8 59.0 — 17.2 — (1.4)823.6 
Industrial96.2 28.6 — 1.1 — (4.8)121.1 
Total Retail Tariff Sales Revenues1,991.8 169.3 — 57.4 — (6.2)2,212.3 
Wholesale Transmission Revenues— — 527.2 — 23.0 (408.5)141.7 
Wholesale Market Sales Revenues133.8 12.2 — 1.1 — — 147.1 
Other Revenues from Contracts with Customers29.6 1.2 3.5 1.8 303.1 (301.4)37.8 
Reserve for Revenues Subject to Refund (1)
(93.4)— — (0.9)— — (94.3)
Total Revenues from Contracts with Customers2,061.8 182.7 530.7 59.4 326.1 (716.1)2,444.6 
Alternative Revenue Programs(7.9)2.7 (112.6)2.3 — 102.0 (13.5)
Other Revenues (2)
1.3 0.1 0.2 0.1 — — 1.7 
Total Operating Revenues$2,055.2 $185.5 $418.3 $61.8 $326.1 $(614.1)$2,432.8 
For the Nine Months Ended September 30, 2021
Eversource
(Millions of Dollars)
Electric
Distribution
Natural Gas
Distribution
Electric
Transmission
Water DistributionOtherEliminationsTotal
Revenues from Contracts with Customers
Retail Tariff Sales
Residential $3,094.9 $722.8 $— $102.8 $— $— $3,920.5 
Commercial 1,902.9 356.4 — 47.0 — (4.1)2,302.2 
Industrial261.1 119.5 — 3.3 — (12.8)371.1 
Total Retail Tariff Sales Revenues5,258.9 1,198.7 — 153.1 — (16.9)6,593.8 
Wholesale Transmission Revenues— — 1,338.4 — 62.5 (1,075.4)325.5 
Wholesale Market Sales Revenues380.1 54.1 — 3.0 — — 437.2 
Other Revenues from Contracts with Customers68.4 3.6 10.2 5.5 936.6 (929.6)94.7 
Reserve for Revenues Subject to Refund (1)
(93.4)— — (2.2)— — (95.6)
Total Revenues from Contracts with Customers5,614.0 1,256.4 1,348.6 159.4 999.1 (2,021.9)7,355.6 
Alternative Revenue Programs14.9 21.3 (119.2)1.3 — 103.0 21.3 
Other Revenues (2)
3.2 0.1 0.7 0.3 — — 4.3 
Total Operating Revenues$5,632.1 $1,277.8 $1,230.1 $161.0 $999.1 $(1,918.9)$7,381.2 
For the Three Months Ended September 30, 2020
Eversource
(Millions of Dollars)
Electric
Distribution
Natural Gas
Distribution
Electric
Transmission
Water DistributionOtherEliminationsTotal
Revenues from Contracts with Customers
Retail Tariff Sales
Residential $1,183.9 $45.5 $— $45.8 $— $— $1,275.2 
Commercial 682.7 41.1 — 17.1 — (1.4)739.5 
Industrial91.0 17.5 — 1.3 — (3.6)106.2 
Total Retail Tariff Sales Revenues1,957.6 104.1 — 64.2 — (5.0)2,120.9 
Wholesale Transmission Revenues— — 458.2 — 19.0 (365.6)111.6 
Wholesale Market Sales Revenues79.6 8.7 — 1.1 — — 89.4 
Other Revenues from Contracts with Customers20.7 1.3 3.2 0.7 303.3 (299.0)30.2 
Total Revenues from Contracts with Customers2,057.9 114.1 461.4 66.0 322.3 (669.6)2,352.1 
Alternative Revenue Programs1.7 (4.0)(72.3)(2.0)— 67.0 (9.6)
Other Revenues (2)
0.7 0.1 0.2 0.1 — — 1.1 
Total Operating Revenues$2,060.3 $110.2 $389.3 $64.1 $322.3 $(602.6)$2,343.6 
For the Nine Months Ended September 30, 2020
Eversource
(Millions of Dollars)
Electric
Distribution
Natural Gas
Distribution
Electric
Transmission
Water DistributionOtherEliminationsTotal
Revenues from Contracts with Customers
Retail Tariff Sales
Residential $3,063.7 $399.6 $— $113.2 $— $— $3,576.5 
Commercial 1,815.7 243.5 — 47.7 — (3.7)2,103.2 
Industrial248.4 67.0 — 3.6 — (10.1)308.9 
Total Retail Tariff Sales Revenues5,127.8 710.1 — 164.5 — (13.8)5,988.6 
Wholesale Transmission Revenues— — 1,177.9 — 55.6 (981.4)252.1 
Wholesale Market Sales Revenues231.1 31.9 — 2.9 — — 265.9 
Other Revenues from Contracts with Customers63.3 4.1 9.9 2.8 845.1 (838.0)87.2 
Total Revenues from Contracts with Customers5,422.2 746.1 1,187.8 170.2 900.7 (1,833.2)6,593.8 
Alternative Revenue Programs54.8 22.9 (52.7)(4.1)— 48.9 69.8 
Other Revenues (2)
4.9 1.0 0.5 0.5 — — 6.9 
Total Operating Revenues$5,481.9 $770.0 $1,135.6 $166.6 $900.7 $(1,784.3)$6,670.5 
For the Three Months Ended September 30, 2021For the Three Months Ended September 30, 2020
(Millions of Dollars)CL&PNSTAR ElectricPSNHCL&PNSTAR ElectricPSNH
Revenues from Contracts with Customers
Retail Tariff Sales
Residential $572.0 $401.9 $172.9 $608.7 $415.4 $159.8 
Commercial 249.4 411.3 88.5 244.7 358.3 80.1 
Industrial35.0 35.9 25.3 38.0 30.6 22.4 
Total Retail Tariff Sales Revenues856.4 849.1 286.7 891.4 804.3 262.3 
Wholesale Transmission Revenues268.2 171.0 88.0 233.3 153.1 71.8 
Wholesale Market Sales Revenues100.3 21.3 12.2 60.0 12.1 7.5 
Other Revenues from Contracts with Customers12.1 14.3 7.3 8.1 10.5 3.7 
(Reserve for)/Amortization of Revenues
  Subject to Refund (1)
(93.4)— — — — 2.3 
Total Revenues from Contracts with Customers1,143.6 1,055.7 394.2 1,192.8 980.0 347.6 
Alternative Revenue Programs(82.0)(14.4)(24.1)(65.0)8.2 (13.8)
Other Revenues (2)
0.2 0.7 0.6 0.2 0.7 — 
Eliminations(142.2)(123.3)(55.8)(133.7)(113.5)(50.1)
Total Operating Revenues$919.6 $918.7 $314.9 $994.3 $875.4 $283.7 
For the Nine Months Ended September 30, 2021For the Nine Months Ended September 30, 2020
(Millions of Dollars)CL&PNSTAR ElectricPSNHCL&PNSTAR ElectricPSNH
Revenues from Contracts with Customers
Retail Tariff Sales
Residential $1,558.6 $1,069.0 $467.3 $1,567.9 $1,057.9 $437.9 
Commercial 679.3 975.7 249.2 670.4 921.3 225.3 
Industrial100.2 89.5 71.4 105.3 82.1 61.0 
Total Retail Tariff Sales Revenues2,338.1 2,134.2 787.9 2,343.6 2,061.3 724.2 
Wholesale Transmission Revenues652.8 478.2 207.4 576.5 430.3 171.1 
Wholesale Market Sales Revenues278.1 64.7 37.3 163.9 39.8 27.4 
Other Revenues from Contracts with Customers28.8 36.8 14.9 25.1 32.4 10.9 
(Reserve for)/Amortization of Revenues
  Subject to Refund (1)
(93.4)— — — — 6.9 
Total Revenues from Contracts with Customers3,204.4 2,713.9 1,047.5 3,109.1 2,563.8 940.5 
Alternative Revenue Programs(74.2)(11.3)(18.8)(27.8)31.1 (1.2)
Other Revenues (2)
0.3 2.5 1.1 2.0 2.8 0.6 
Eliminations(394.0)(362.0)(142.6)(371.9)(327.5)(124.6)
Total Operating Revenues$2,736.5 $2,343.1 $887.2 $2,711.4 $2,270.2 $815.3 

(1)    The Electric Distribution segment 2021 revenue subject to refund amount relates to an October 1, 2021 CL&P settlement agreement with the DEEP, OCC, AG and the Connecticut Industrial Energy Consumers, which resolved certain issues that arose in pending regulatory proceedings initiated by the PURA. In the third quarter of 2021, CL&P recorded a reduction to Operating Revenues of $65 million on the income statement for a reserve for customer credits associated with the provisions of the settlement agreement. Additionally, CL&P recorded a $28.4 million reserve in the first quarter of 2021 for a civil penalty for non-compliance with storm performance standards to be credited to customers. The penalty was reclassified from Operations and Maintenance expense to a reduction of Operating Revenues in the third quarter of 2021 in connection with the finalization of the settlement agreement. In total, the reserve for revenues subject to refund totaled $93.4 million and was recorded as a current regulatory liability on CL&P’s balance sheet and as a reduction to Operating Revenues on the nine months ended September 30, 2021 income statement. See Note 9G, “Commitments and Contingencies - CL&P Regulatory Matters,” for further information.
(2)    Other Revenues include certain fees charged to customers that are not considered revenue from contracts with customers. Other Revenues also include lease revenues under lessor accounting guidance of $1.1 million (including $0.2 million at CL&P and $0.7 million at NSTAR Electric) and $1.1 million (including $0.2 million at CL&P and $0.7 million at NSTAR Electric) for the three months ended September 30, 2021 and 2020, respectively, and $3.8 million (including $0.6 million at CL&P and $2.5 million at NSTAR Electric) and $3.2 million (including $0.6 million at CL&P and $2.1 million at NSTAR Electric) for the nine months ended September 30, 2021 and 2020, respectively.