XML 78 R59.htm IDEA: XBRL DOCUMENT
v3.23.2

REVENUES (Tables) | 6 Months Ended
--- | ---
Jun. 30, 2023
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 June 30, 2023
Eversource (Millions of Dollars) | Electric Distribution |  | Natural Gas Distribution |  | Electric Transmission |  | Water Distribution |  | Other |  | Eliminations |  | Total
Revenues from Contracts with Customers |  |  |  |  |  |  |  |  |  |  |  |  |
Retail Tariff Sales |  |  |  |  |  |  |  |  |  |  |  |  |
Residential | $ | 1,142.2 |  |  | $ | 198.4 |  |  | $ | — |  |  | $ | 38.9 |  |  | $ | — |  |  | $ | — |  |  | $ | 1,379.5 |
Commercial | 692.1 |  |  | 129.9 |  |  | — |  |  | 18.2 |  |  | — |  |  | (1.2) |  |  | 839.0 |
Industrial | 84.9 |  |  | 41.9 |  |  | — |  |  | 1.1 |  |  | — |  |  | (4.7) |  |  | 123.2 |
Total Retail Tariff Sales Revenues | 1,919.2 |  |  | 370.2 |  |  | — |  |  | 58.2 |  |  | — |  |  | (5.9) |  |  | 2,341.7 |
Wholesale Transmission Revenues | — |  |  | — |  |  | 403.0 |  |  | — |  |  | — |  |  | (303.8) |  |  | 99.2 |
Wholesale Market Sales Revenues | 112.3 |  |  | 39.8 |  |  | — |  |  | 1.0 |  |  | — |  |  | — |  |  | 153.1 |
Other Revenues from Contracts with Customers | 21.0 |  |  | 1.1 |  |  | 4.5 |  |  | 2.0 |  |  | 408.8 |  |  | (405.8) |  |  | 31.6 |
Total Revenues from Contracts with Customers | 2,052.5 |  |  | 411.1 |  |  | 407.5 |  |  | 61.2 |  |  | 408.8 |  |  | (715.5) |  |  | 2,625.6 |
Alternative Revenue Programs | (3.0) |  |  | (3.1) |  |  | 72.5 |  |  | (3.4) |  |  | — |  |  | (65.7) |  |  | (2.7) |
Other Revenues | 4.9 |  |  | 1.1 |  |  | 0.1 |  |  | 0.3 |  |  | — |  |  | — |  |  | 6.4 |
Total Operating Revenues | $ | 2,054.4 |  |  | $ | 409.1 |  |  | $ | 480.1 |  |  | $ | 58.1 |  |  | $ | 408.8 |  |  | $ | (781.2) |  |  | $ | 2,629.3 |
| For the Six Months Ended June 30, 2023
Eversource (Millions of Dollars) | Electric Distribution |  | Natural Gas Distribution |  | Electric Transmission |  | Water Distribution |  | Other |  | Eliminations |  | Total
Revenues from Contracts with Customers |  |  |  |  |  |  |  |  |  |  |  |  |
Retail Tariff Sales |  |  |  |  |  |  |  |  |  |  |  |  |
Residential | $ | 2,606.2 |  |  | $ | 774.9 |  |  | $ | — |  |  | $ | 67.9 |  |  | $ | — |  |  | $ | — |  |  | $ | 3,449.0 |
Commercial | 1,480.5 |  |  | 450.0 |  |  | — |  |  | 33.7 |  |  | — |  |  | (2.3) |  |  | 1,961.9 |
Industrial | 174.1 |  |  | 111.4 |  |  | — |  |  | 2.1 |  |  | — |  |  | (9.7) |  |  | 277.9 |
Total Retail Tariff Sales Revenues | 4,260.8 |  |  | 1,336.3 |  |  | — |  |  | 103.7 |  |  | — |  |  | (12.0) |  |  | 5,688.8 |
Wholesale Transmission Revenues | — |  |  | — |  |  | 838.1 |  |  | — |  |  | — |  |  | (629.1) |  |  | 209.0 |
Wholesale Market Sales Revenues | 329.6 |  |  | 88.9 |  |  | — |  |  | 1.8 |  |  | — |  |  | — |  |  | 420.3 |
Other Revenues from Contracts with Customers | 39.2 |  |  | 2.7 |  |  | 9.1 |  |  | 4.0 |  |  | 822.7 |  |  | (818.3) |  |  | 59.4 |
Total Revenues from Contracts with Customers | 4,629.6 |  |  | 1,427.9 |  |  | 847.2 |  |  | 109.5 |  |  | 822.7 |  |  | (1,459.4) |  |  | 6,377.5 |
Alternative Revenue Programs | 3.1 |  |  | 24.3 |  |  | 91.2 |  |  | (1.7) |  |  | — |  |  | (82.7) |  |  | 34.2 |
Other Revenues | 10.3 |  |  | 2.1 |  |  | 0.4 |  |  | 0.5 |  |  | — |  |  | — |  |  | 13.3 |
Total Operating Revenues | $ | 4,643.0 |  |  | $ | 1,454.3 |  |  | $ | 938.8 |  |  | $ | 108.3 |  |  | $ | 822.7 |  |  | $ | (1,542.1) |  |  | $ | 6,425.0 |
| For the Three Months Ended June 30, 2022
Eversource (Millions of Dollars) | Electric Distribution |  | Natural Gas Distribution |  | Electric Transmission |  | Water Distribution |  | Other |  | Eliminations |  | Total
Revenues from Contracts with Customers |  |  |  |  |  |  |  |  |  |  |  |  |
Retail Tariff Sales |  |  |  |  |  |  |  |  |  |  |  |  |
Residential | $ | 1,004.8 |  |  | $ | 218.5 |  |  | $ | — |  |  | $ | 35.3 |  |  | $ | — |  |  | $ | — |  |  | $ | 1,258.6 |
Commercial | 664.1 |  |  | 122.6 |  |  | — |  |  | 16.7 |  |  | — |  |  | (1.4) |  |  | 802.0 |
Industrial | 88.9 |  |  | 43.5 |  |  | — |  |  | 1.1 |  |  | — |  |  | (5.1) |  |  | 128.4 |
Total Retail Tariff Sales Revenues | 1,757.8 |  |  | 384.6 |  |  | — |  |  | 53.1 |  |  | — |  |  | (6.5) |  |  | 2,189.0 |
Wholesale Transmission Revenues | — |  |  | — |  |  | 334.5 |  |  | — |  |  | 25.1 |  |  | (266.4) |  |  | 93.2 |
Wholesale Market Sales Revenues | 212.6 |  |  | 33.2 |  |  | — |  |  | 0.9 |  |  | — |  |  | — |  |  | 246.7 |
Other Revenues from Contracts with Customers | 24.9 |  |  | 1.2 |  |  | 3.9 |  |  | 1.9 |  |  | 310.6 |  |  | (309.8) |  |  | 32.7 |
Total Revenues from Contracts with Customers | 1,995.3 |  |  | 419.0 |  |  | 338.4 |  |  | 55.9 |  |  | 335.7 |  |  | (582.7) |  |  | 2,561.6 |
Alternative Revenue Programs | 6.8 |  |  | (3.0) |  |  | 119.0 |  |  | (1.4) |  |  | — |  |  | (113.2) |  |  | 8.2 |
Other Revenues | 2.3 |  |  | 0.2 |  |  | 0.2 |  |  | 0.1 |  |  | — |  |  | — |  |  | 2.8 |
Total Operating Revenues | $ | 2,004.4 |  |  | $ | 416.2 |  |  | $ | 457.6 |  |  | $ | 54.6 |  |  | $ | 335.7 |  |  | $ | (695.9) |  |  | $ | 2,572.6 |
| For the Six Months Ended June 30, 2022
Eversource (Millions of Dollars) | Electric Distribution |  | Natural Gas Distribution |  | Electric Transmission |  | Water Distribution |  | Other |  | Eliminations |  | Total
Revenues from Contracts with Customers |  |  |  |  |  |  |  |  |  |  |  |  |
Retail Tariff Sales |  |  |  |  |  |  |  |  |  |  |  |  |
Residential | $ | 2,191.0 |  |  | $ | 775.3 |  |  | $ | — |  |  | $ | 63.4 |  |  | $ | — |  |  | $ | — |  |  | $ | 3,029.7 |
Commercial | 1,325.5 |  |  | 380.1 |  |  | — |  |  | 31.3 |  |  | — |  |  | (2.5) |  |  | 1,734.4 |
Industrial | 178.5 |  |  | 111.6 |  |  | — |  |  | 2.2 |  |  | — |  |  | (9.6) |  |  | 282.7 |
Total Retail Tariff Sales Revenues | 3,695.0 |  |  | 1,267.0 |  |  | — |  |  | 96.9 |  |  | — |  |  | (12.1) |  |  | 5,046.8 |
Wholesale Transmission Revenues | — |  |  | — |  |  | 780.7 |  |  | — |  |  | 49.6 |  |  | (631.1) |  |  | 199.2 |
Wholesale Market Sales Revenues | 578.1 |  |  | 66.7 |  |  | — |  |  | 1.7 |  |  | — |  |  | — |  |  | 646.5 |
Other Revenues from Contracts with Customers | 36.1 |  |  | 2.2 |  |  | 7.0 |  |  | 4.2 |  |  | 669.7 |  |  | (662.9) |  |  | 56.3 |
Amortization of/(Reserve for) Revenues Subject to Refund (1) | 64.9 |  |  | — |  |  | 0.7 |  |  | (0.7) |  |  | — |  |  | — |  |  | 64.9 |
Total Revenues from Contracts with Customers | 4,374.1 |  |  | 1,335.9 |  |  | 788.4 |  |  | 102.1 |  |  | 719.3 |  |  | (1,306.1) |  |  | 6,013.7 |
Alternative Revenue Programs | 11.5 |  |  | 7.2 |  |  | 104.0 |  |  | 0.8 |  |  | — |  |  | (99.6) |  |  | 23.9 |
Other Revenues | 5.1 |  |  | 0.7 |  |  | 0.4 |  |  | 0.2 |  |  | — |  |  | — |  |  | 6.4 |
Total Operating Revenues | $ | 4,390.7 |  |  | $ | 1,343.8 |  |  | $ | 892.8 |  |  | $ | 103.1 |  |  | $ | 719.3 |  |  | $ | (1,405.7) |  |  | $ | 6,044.0 |
| For the Three Months Ended June 30, 2023 |  | For the Three Months Ended June 30, 2022
(Millions of Dollars) | CL&P |  | NSTAR Electric |  | PSNH |  | CL&P |  | NSTAR Electric |  | PSNH
Revenues from Contracts with Customers |  |  |  |  |  |  |  |  |  |  |
Retail Tariff Sales |  |  |  |  |  |  |  |  |  |  |
Residential | $ | 593.7 |  |  | $ | 370.5 |  |  | $ | 178.0 |  |  | $ | 526.1 |  |  | $ | 326.9 |  |  | $ | 151.8 |
Commercial | 255.0 |  |  | 347.2 |  |  | 90.2 |  |  | 255.3 |  |  | 327.8 |  |  | 81.7 |
Industrial | 31.3 |  |  | 31.1 |  |  | 22.5 |  |  | 36.0 |  |  | 30.6 |  |  | 22.3 |
Total Retail Tariff Sales Revenues | 880.0 |  |  | 748.8 |  |  | 290.7 |  |  | 817.4 |  |  | 685.3 |  |  | 255.8 |
Wholesale Transmission Revenues | 172.5 |  |  | 166.9 |  |  | 63.6 |  |  | 115.8 |  |  | 163.6 |  |  | 55.1 |
Wholesale Market Sales Revenues | 62.9 |  |  | 32.5 |  |  | 16.9 |  |  | 143.4 |  |  | 47.8 |  |  | 21.4 |
Other Revenues from Contracts with Customers | 8.8 |  |  | 12.9 |  |  | 4.4 |  |  | 14.7 |  |  | 11.8 |  |  | 3.0 |
Total Revenues from Contracts with Customers | 1,124.2 |  |  | 961.1 |  |  | 375.6 |  |  | 1,091.3 |  |  | 908.5 |  |  | 335.3 |
Alternative Revenue Programs | 52.6 |  |  | (5.0) |  |  | 21.9 |  |  | 92.2 |  |  | 14.3 |  |  | 19.3 |
Other Revenues | 2.5 |  |  | 1.8 |  |  | 0.7 |  |  | 0.2 |  |  | 1.6 |  |  | 0.7 |
Eliminations | (145.2) |  |  | (138.9) |  |  | (48.1) |  |  | (148.0) |  |  | (140.7) |  |  | (48.2) |
Total Operating Revenues | $ | 1,034.1 |  |  | $ | 819.0 |  |  | $ | 350.1 |  |  | $ | 1,035.7 |  |  | $ | 783.7 |  |  | $ | 307.1 |
| For the Six Months Ended June 30, 2023 |  | For the Six Months Ended June 30, 2022
(Millions of Dollars) | CL&P |  | NSTAR Electric |  | PSNH |  | CL&P |  | NSTAR Electric |  | PSNH
Revenues from Contracts with Customers |  |  |  |  |  |  |  |  |  |  |
Retail Tariff Sales |  |  |  |  |  |  |  |  |  |  |
Residential | $ | 1,355.9 |  |  | $ | 838.3 |  |  | $ | 412.0 |  |  | $ | 1,125.2 |  |  | $ | 731.5 |  |  | $ | 334.3 |
Commercial | 550.3 |  |  | 731.5 |  |  | 198.8 |  |  | 497.5 |  |  | 659.1 |  |  | 170.1 |
Industrial | 65.2 |  |  | 63.8 |  |  | 45.1 |  |  | 69.5 |  |  | 64.7 |  |  | 44.3 |
Total Retail Tariff Sales Revenues | 1,971.4 |  |  | 1,633.6 |  |  | 655.9 |  |  | 1,692.2 |  |  | 1,455.3 |  |  | 548.7 |
Wholesale Transmission Revenues | 368.3 |  |  | 334.7 |  |  | 135.1 |  |  | 325.0 |  |  | 328.8 |  |  | 126.9 |
Wholesale Market Sales Revenues | 217.6 |  |  | 73.6 |  |  | 38.4 |  |  | 423.4 |  |  | 105.6 |  |  | 49.1 |
Other Revenues from Contracts with Customers | 17.0 |  |  | 23.6 |  |  | 7.3 |  |  | 15.3 |  |  | 23.4 |  |  | 5.7 |
Amortization of Revenues Subject to Refund (1) | 1.7 |  |  | — |  |  | — |  |  | 65.6 |  |  | — |  |  | — |
Total Revenues from Contracts with Customers | 2,576.0 |  |  | 2,065.5 |  |  | 836.7 |  |  | 2,521.5 |  |  | 1,913.1 |  |  | 730.4 |
Alternative Revenue Programs | 77.3 |  |  | (14.5) |  |  | 31.5 |  |  | 93.4 |  |  | 6.1 |  |  | 16.0 |
Other Revenues | 4.7 |  |  | 4.3 |  |  | 1.7 |  |  | 0.3 |  |  | 3.6 |  |  | 1.6 |
Eliminations | (284.9) |  |  | (280.0) |  |  | (99.7) |  |  | (293.7) |  |  | (276.0) |  |  | (101.5) |
Total Operating Revenues | $ | 2,373.1 |  |  | $ | 1,775.3 |  |  | $ | 770.2 |  |  | $ | 2,321.5 |  |  | $ | 1,646.8 |  |  | $ | 646.5 |
(1) Amortization of/(Reserve for) Revenues Subject to Refund within the Electric Distribution segment in the first half of 2022 represents customer credits being distributed to CL&P’s customers on retail electric bills as a result of the October 2021 CL&P settlement agreement and the 2021 civil penalty for non-compliance with storm performance standards. Total customer credits as a result of the 2021 settlement and civil penalty were $93.4 million. The settlement amount of $65 million was refunded over a two-month billing period from December 1, 2021 to January 31, 2022 and the civil penalty of $28.4 million was refunded over a one year billing period, which began September 1, 2021.

X
- Definition Tabular disclosure of disaggregation of revenue into categories depicting how nature, amount, timing, and uncertainty of revenue and cash flows are affected by economic factor. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 606 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 5 -Publisher FASB -URI https://asc.fasb.org//1943274/2147479806/606-10-50-5 + Details
Name: | us-gaap_DisaggregationOfRevenueTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_RevenueFromContractWithCustomerAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration