Company: CNLHP
Filing Date: 2025-02-14
Form Type: 10-K
Source: 0000072741-25-000007
Chunk: 290

Company: CONNECTICUT LIGHT & POWER CO
Filing Date: 2025-02-14
Form: 10-K
Item: Item 8
Chunk 290
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0 $37.2 $166.4 $12.2 $22.8 $35.0 Special Deposits represent cash collections related to the PSNH RRB customer charges that are held in trust, required ISO-NE cash deposits, cash held in escrow accounts, and CYAPC and YAEC cash balances.  Special Deposits are included in Current Assets on the balance sheets.  Restricted cash included in Marketable Securities represents money market funds held in restricted trusts to fund CYAPC and YAEC's spent nuclear fuel storage obligations.

95

Eversource’s restricted cash also includes an Energy Relief Fund for energy efficiency and clean energy measures in the Merrimack Valley established under the terms of the EGMA 2020 settlement agreement.  This restricted cash held in escrow accounts included $20.0 million recorded as short-term in Special Deposits as of both December 31, 2024 and December 31, 2023, and $5.9 million and $14.1 million recorded in Other Long-Term Assets on the balance sheets as of December 31, 2024 and December 31, 2023, respectively.O.     Related PartiesEversource Service, Eversource's service company, provides centralized accounting, administrative, engineering, financial, information technology, legal, operational, planning, purchasing, tax, and other services to Eversource's companies.  The Rocky River Realty Company and Properties, Inc., two other Eversource subsidiaries, construct, acquire or lease some of the property and facilities used by Eversource's companies.Included in the CL&P, NSTAR Electric and PSNH balance sheets as of December 31, 2024 and 2023 were Accounts Receivable from Affiliated Companies and Accounts Payable to Affiliated Companies relating to transactions between CL&P, NSTAR Electric and PSNH and other subsidiaries that are wholly-owned by Eversource.  These amounts have been eliminated in consolidation on the Eversource financial statements.  Included in the CL&P and PSNH balance sheets as of December 31, 2024 and 2023 were Notes Payable to Eversource Parent.  These amounts have been eliminated in consolidation on the Eversource financial statements.  See Note 8, “Short-Term Debt” for intercompany borrowing amounts.The Eversource Energy Foundation is an independent not-for-profit charitable entity and is not included in the consolidated financial statements of Evers