Company: CNLHP
Filing Date: 2025-11-06
Form Type: 10-Q
Source: 0001628280-25-050033
Chunk: 81

Company: CONNECTICUT LIGHT & POWER CO
Filing Date: 2025-11-06
Form: 10-Q
Item: Item 8
Chunk 81
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 (1)58.9 37.5 96.4 29.3 8.7 38.0 13.6 17.3 30.9 3.8 Write-Offs(48.5)(93.1)(141.6)(36.0)(23.4)(59.4)(3.1)(36.6)(39.7)(8.4)Recoveries Collected0.6 9.4 10.0 0.5 3.3 3.8 — 2.4 2.4 0.6 Balance as of September 30, 2024$377.8 $196.9 $574.7 $253.5 $36.3 $289.8 $54.1 $64.2 $118.3 $13.7 (1)       These expected credit losses are deferred as regulatory costs on the balance sheets, as these amounts are ultimately recovered in rates.  Amounts include uncollectible costs for hardship accounts and other customer receivables, including uncollectible amounts related to uncollectible energy supply costs.As of both September 30, 2025 and December 31, 2024, the allowance for uncollectible accounts attributable to the Aquarion water distribution business has been reclassified to Assets Held for Sale on the Eversource balance sheets.  For further information, see Note 18, “Assets Held for Sale.”D.    Fair Value MeasurementsFair value measurement guidance is applied to derivative contracts that are not elected or designated as "normal purchases" or "normal sales" (normal) and to marketable securities held in trusts.  Fair value measurement guidance is also applied to valuations of the investments used to calculate the funded status of pension and PBOP plans, the nonrecurring fair value measurements of nonfinancial assets such as goodwill, long-lived assets, equity method investments, AROs, and in the valuation of business combinations and asset acquisitions.  The fair value measurement guidance was also applied in estimating the fair value of preferred stock, long-term debt and RRBs.Fair Value Hierarchy:  In measuring fair value, Eversource uses observable market data when available in order to minimize the use of unobservable inputs.  Inputs used in fair value measurements are categorized into three fair value hierarchy levels for disclosure purposes.  The entire fair value measurement