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NSTAR ELECTRIC COMPANY AND SUBSIDIARY CONDENSED CONSOLIDATED STATEMENTS OF INCOME - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2023
Mar. 31, 2022
Operating Revenues $ 3,795,643 $ 3,471,310
Operating Expenses:    
Purchased Power and Transmission 1,903,246 1,389,696
Operations and Maintenance 454,562 472,433
Depreciation 312,955 289,330
Energy Efficiency Programs 222,952 199,484
Taxes Other Than Income Taxes 228,414 220,364
Total Operating Expenses 3,046,070 2,808,255
Operating Income/(Loss) 749,573 663,055
Interest Expense 194,543 153,245
Other Income, Net 88,981 71,561
Income Before Income Tax Expense 644,011 581,371
Income Tax Expense 150,972 136,045
Net Income 493,039 445,326
NSTAR Electric Company    
Operating Revenues 956,283 863,176
Operating Expenses:    
Purchased Power and Transmission 360,925 313,748
Operations and Maintenance 166,083 164,862
Depreciation 90,430 89,033
Amortization of Regulatory (Liabilities)/Assets, Net 22,785 29,345
Energy Efficiency Programs 86,217 80,232
Taxes Other Than Income Taxes 53,510 59,774
Total Operating Expenses 779,950 736,994
Operating Income/(Loss) 176,333 126,182
Interest Expense 44,865 38,222
Other Income, Net 39,873 29,231
Income Before Income Tax Expense 171,341 117,191
Income Tax Expense 37,528 24,452
Net Income $ 133,813 $ 92,739