Company: CNLHP
Filing Date: 2025-02-14
Form Type: 10-K
Source: 0000072741-25-000007
Chunk: 391

Company: CONNECTICUT LIGHT & POWER CO
Filing Date: 2025-02-14
Form: 10-K
Item: Item 8
Chunk 391
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.1 18.1 30.2 46.9 11.8 Amortization of Revenues Subject   to Refund— — — 4.3 — — 72.7 — — Total Revenues from Contracts    with Customers5,222.1 4,332.0 1,514.2 5,077.6 4,129.4 1,600.0 5,343.2 4,127.3 1,659.6 Alternative Revenue Programs45.4 36.7 20.8 66.8 (52.0)49.8 56.5 0.7 20.1 Other Revenues9.0 8.5 2.6 9.6 8.4 3.0 1.8 7.2 2.9 Eliminations(661.5)(656.3)(243.1)(575.2)(570.3)(204.9)(583.8)(552.1)(207.8)Total Operating Revenues$4,615.0 $3,720.9 $1,294.5 $4,578.8 $3,515.5 $1,447.9 $4,817.7 $3,583.1 $1,474.8 

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Retail Tariff Sales:  Regulated utilities provide products and services to their regulated customers under rates, pricing, payment terms and conditions of service, regulated by each state regulatory agency.  The arrangement whereby a utility provides commodity service to a customer for a price approved by the respective state regulatory commission is referred to as a tariff sale contract, and the tariff governs all aspects of the provision of regulated services by utilities.  The majority of revenue for Eversource, CL&P, NSTAR Electric and PSNH is derived from regulated retail tariff sales for the sale and distribution of electricity, natural gas and water to residential, commercial and industrial retail customers. The utility's performance obligation for the regulated tariff sales is to provide electricity, natural gas or water to the customer as demanded.  The promise to provide the commodity represents a single performance obligation, as it is a promise to transfer a series of distinct goods or services that are substantially the same and that have the same pattern of transfer to the customer.  Revenue is recognized over time as the