Eversource 2010 Annual Report Download - page 151
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S-4
SCHEDULE II
NORTHEAST UTILITIES AND SUBSIDIARIES
VALUATION AND QUALIFYING ACCOUNTS AND RESERVES
FOR THE YEARS ENDED DECEMBER 31, 2010, 2009 AND 2008
(Thousands of Dollars)
Column A Column B Column C Column D Column E
Additions
(1) (2)
Description:
Balance as
of Beginning
of Year
Charged
to Costs
and
Expenses
Charged to
Other
Accounts -
Describe (a)
Deductions -
Describe
(b)
Balance
as of
End of Year
NU:
Reserves Deducted from Assets -
Reserves for Uncollectible Accounts:
2010 $ 55,300 $ 31,352 $ 10,714 $ 57,569 $ 39,797
2009 43,275 53,947 24,136 66,058 55,300
2008 25,529 28,573 81,991 92,818 43,275
CL&P:
Reserves Deducted from Assets -
Reserves for Uncollectible Accounts:
2010 $ 26,057 $ 7,484 $ 9,919 $ 26,286 $ 17,174
2009 23,956 15,276 20,115 33,290 26,057
2008 7,874 5,951 81,129 70,998 23,956
PSNH:
Reserves Deducted from Assets -
Reserves for Uncollectible Accounts:
2010 $ 5,086 $ 8,858 $ 1,017 $ 8,137 $ 6,824
2009 4,165 10,084 652 9,815 5,086
2008 2,675 5,661 483 4,654 4,165
WMECO:
Reserves Deducted from Assets -
Reserves for Uncollectible Accounts:
2010 $ 7,217 $ 9,747 $ 243 $ 11,232 $ 5,975
2009 6,571 7,590 103 7,047 7,217
2008 5,699 8,185 234 7,547 6,571
(a) Amount relates to uncollectible amounts reserved for that relate to receivables other than those of customers.
(b) Amounts written off, net of recoveries. The DPUC issued an order allowing CL&P and Yankee Gas to accelerate the recovery of
uncollectible hardship accounts receivable outstanding for greater than 90 days. As of December 31, 2010, CL&P, WMECO and
Yankee Gas had uncollectible hardship accounts receivable reserves in the amount of $65 million, $6.9 million and $7.5 million,
respectively. As of December 31, 2009, CL&P, WMECO and Yankee Gas had uncollectible hardship accounts receivable
reserves in the amount of $54.5 million, $9.1 million and $8.6 million, respectively. As of December 31, 2008, CL&P and Yankee
Gas had uncollectible hardship accounts receivable reserves in the amount of $41 million and $10 million, respectively.