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S-4
SCHEDULE II
NORTHEAST UTILITIES AND SUBSIDIARIES
VALUATION AND QUALIFYING ACCOUNTS AND RESERVES
FOR THE YEARS ENDED DECEMBER 31, 2012, 2011 AND 2010
(Thousands of Dollars)
Column A
Column B
Column C
Column D
Column E
Additions
(1) (2) (3)
Charged Charged to Impact
Balance as
to Costs Other Related to Deductions - Balance
of Beginning
and Accounts - Merger With Describe as of
Description:
of Year (a)
Expenses
Describe (b)
NSTAR
(c)
End of Year
NU:
Reserves Deducted from Assets -
Reserves for Uncollectible Accounts:
2012
$
115,689
$
36,275
$
34,761
$
59,286
$
80,462
$
165,549
2011
119,190
16,420
40,663
-
60,584
115,689
2010
127,517
31,352
45,953
-
85,632
119,190
CL&P:
Reserves Deducted from Assets -
Reserves for Uncollectible Accounts:
2012
$
83,475
$ 2,080
$
27,084
$ -
$ 35,068
$ 77,571
2011
82,173
3,215
33,911
-
35,824
83,475
2010
80,586
7,484
41,639
-
47,536
82,173
NSTAR Electric:
Reserves Deducted from Assets -
Reserves for Uncollectible Accounts:
2012
$
27,118
$ 40,301
$
-
$ -
$ 23,304
$ 44,115
2011
29,033
22,582
-
-
24,497
27,118
2010
26,379
29,417
-
-
26,763
29,033
PSNH:
Reserves Deducted from Assets -
Reserves for Uncollectible Accounts:
2012
$
7,190
$ 6,457
$
2,481
$ -
$ 9,368
$ 6,760
2011
6,824
7,035
1,334
-
8,003
7,190
2010
5,086
8,858
1,017
-
8,137
6,824
WMECO:
Reserves Deducted from Assets -
Reserves for Uncollectible Accounts:
2012
$
10,018
$ 2,294
$
2,428
$ -
$ 6,239
$ 8,501
2011
12,891
3,133
1,141
-
7,147
10,018
2010
16,304
9,747
243
-
13,403
12,891
(a)
Prior year amounts have been reclassified to conform to current year presentation to include uncollectible hardship reserves. As of
December 31, 2011, CL&P, WMECO and Yankee Gas had uncollectible hardship accounts receivable reserves in the amount of
$68.6 million, $5.4 million and $6.8 million, respectively. 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.
(b) Amounts relate to uncollectible amounts reserved for that are not charged to bad debt expense. The PURA 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 a result of the January 2011 DPU rate case decision, WMECO is allowed to recover amounts associated with
basic service and certain uncollectible hardship receivables in rates.
(c)
Amounts written off, net of recoveries.