Company: CNLHP
Filing Date: 2025-05-05
Form Type: 10-Q
Source: 0000072741-25-000011
Chunk: 127

Company: CONNECTICUT LIGHT & POWER CO
Filing Date: 2025-05-05
Form: 10-Q
Item: Item 8
Chunk 127
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6 million), higher state taxes ($4.4 million), a decrease in amortization of EDIT ($0.7 million), and a higher share-based payment tax deficiency ($0.6 million), partially offset by a decrease in items that impact our tax rate as a result of regulatory treatment (flow-through items) and permanent differences ($9.6 million).

RESULTS OF OPERATIONS – 

THE CONNECTICUT LIGHT AND POWER COMPANY

NSTAR ELECTRIC COMPANY AND SUBSIDIARY

PUBLIC SERVICE COMPANY OF NEW HAMPSHIRE AND SUBSIDIARIES

The following provides the amounts and variances in operating revenues and expense line items in the statements of income for CL&P, NSTAR Electric and PSNH for the three months ended March 31, 2025 and 2024 included in this combined Quarterly Report on Form 10-Q:

 For the Three Months Ended March 31,CL&PNSTAR ElectricPSNH(Millions of Dollars)20252024Increase/(Decrease)20252024Increase/(Decrease)20252024Increase/(Decrease)Operating Revenues$1,541.2 $1,121.3 $419.9 $1,014.2 $947.6 $66.6 $348.0 $326.1 $21.9 Operating Expenses:     Purchased Power and Transmission494.2 566.0 (71.8)308.9 273.3 35.6 80.0 87.9 (7.9)Operations and Maintenance189.2 186.8 2.4 174.1 173.7 0.4 71.0 68.7 2.3 Depreciation106.7 98.4 8.3 108.0 96.9 11.1 40.5 37.4 3.1 Amortization of Regulatory   Assets/(Liabilities), Net343.2 (91.7)434.9 52.3 48.4 3.9 20.9 21.3 (0.4)Energy Efficiency Programs51.6 35.6 16.0 63.4 82.3 (18.9)12.2 11.2 1.0 Taxes Other Than Income Taxes115.2 103.8 11.4 75.9 60