Company: CNLHP
Filing Date: 2025-11-06
Form Type: 10-Q
Source: 0001628280-25-050033
Chunk: 153

Company: CONNECTICUT LIGHT & POWER CO
Filing Date: 2025-11-06
Form: 10-Q
Item: Item 8
Chunk 153
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 distribution circuits.  The project also includes five underground duct banks housing eight new 115-kV transmission lines.  The Massachusetts Energy Facilities Siting Board approved the project on June 28, 2024.  Additional required environmental permits are expected to be approved by the end of 2025, as well as a license from the MA DEP expected to be approved by the end of the second quarter of 2026.  The initial in-service date for the project is June 2029, which includes two 115-kV transmission lines and the transmission portion of the substation.  The first distribution circuits and substation distribution will be placed in-service by the end of 2029.  The remaining transmission and distribution circuits will be placed in-service throughout 2030 and into 2031.  The total estimated project cost is approximately $1.84 billion, with $1.38 billion allocated for transmission and $460 million for distribution.  As of September 30, 2025, $159.1 million has been spent on the project, with $120.0 million for transmission and $39.1 million for distribution.

Distribution Business:  A summary of distribution capital expenditures is as follows:

For the Nine Months Ended September 30,(Millions of Dollars) CL&P NSTAR Electric PSNH Total Electric Natural GasWater Total 2025Basic Business$241.8 $418.8 $97.2 $757.8 $141.1 $14.8 $913.7 Aging Infrastructure109.1 293.7 66.7 469.5 537.4 104.2 1,111.1 Load Growth and Other82.6 172.4 46.5 301.5 36.1 0.6 338.2 Total Distribution$433.5 $884.9 $210.4 $1,528.8 $714.6 $119.6 $2,363.0 2024Basic Business$202.4 $346.6 $91.9 $640.9 $171.8 $16.4 $829.1 Aging Infrastructure129.8 232.3 43.3 405.4 534.8 103.9 1,044.1 Load Growth and Other81.9 157.0 39