Company: CNLHP
Filing Date: 2025-05-05
Form Type: 10-Q
Source: 0000072741-25-000011
Chunk: 65

Company: CONNECTICUT LIGHT & POWER CO
Filing Date: 2025-05-05
Form: 10-Q
Item: Item 8
Chunk 65
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0 million (including $116.3 million for CL&P, $41.1 million for NSTAR Electric and $4.5 million for PSNH) of additional regulatory costs not yet specifically approved as of March 31, 2025 and December 31, 2024, respectively, that were included in Other Long-Term Assets on the balance sheets.  These amounts will be reclassified to Regulatory Assets upon approval by the applicable regulatory agency.  Based on regulatory policies or past precedent on similar costs, management believes it is probable that these costs will ultimately be approved and recovered from customers in rates.  As of March 31, 2025 and December 31, 2024, these regulatory costs included $105.4 million (including $55.8 million for CL&P and $28.2 million for NSTAR Electric) and $92.5 million (including $47.2 million for CL&P and $24.4 million for NSTAR Electric), respectively, of deferred uncollectible hardship costs.Regulatory Liabilities:  The components of regulatory liabilities were as follows: As of March 31, 2025As of December 31, 2024(Millions of Dollars)EversourceCL&PNSTARElectricPSNHEversourceCL&PNSTARElectricPSNHEDIT due to Tax Cuts and Jobs Act of 2017$2,432.4 $954.6 $872.0 $328.6 $2,442.7 $956.6 $877.6 $330.6 Regulatory Tracking Mechanisms840.5 221.8 475.0 96.1 702.4 180.3 413.6 114.4 Cost of Removal711.0 226.8 457.6 26.6 684.1 212.8 451.3 20.1 Deferred Portion of Non-Service Income   Components of Pension, SERP and PBOP448.1 64.5 222.3 44.1 427.1 61.6 211.6 42.6 AFUDC - Transmission160.3 66.6 93.7 — 154.8 65.1 89.7 — Benefit Costs63.4 4.7 17.1 4.0