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NSTAR ELECTRIC COMPANY AND SUBSIDIARY CONDENSED CONSOLIDATED STATEMENTS OF INCOME - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Jun. 30, 2024
Jun. 30, 2023
Operating Revenues $ 2,533,522 $ 2,629,342 $ 5,866,097 $ 6,424,985
Operating Expenses:        
Purchased Power and Transmission 841,431 1,161,067 2,077,387 3,064,313
Operations and Maintenance 464,424 427,290 927,388 881,852
Depreciation 354,591 319,995 694,505 632,949
Energy Efficiency Programs 145,288 145,823 358,767 368,774
Taxes Other Than Income Taxes 239,427 232,927 476,042 461,344
Total Operating Expenses 1,931,024 2,068,680 4,417,627 5,114,751
Operating Income 602,498 560,662 1,448,470 1,310,234
Interest Expense 271,316 207,313 522,064 401,858
Other Income, Net 115,285 94,875 206,315 183,857
Income Before Income Tax Expense 446,467 47,224 1,132,721 691,233
Income Tax Expense 109,246 29,922 271,772 180,893
NSTAR Electric Company        
Operating Revenues 845,068 818,968 1,792,683 1,775,251
Operating Expenses:        
Purchased Power and Transmission 209,348 266,560 482,653 627,485
Operations and Maintenance 163,580 146,852 337,252 312,935
Depreciation 100,286 92,863 197,208 183,292
Amortization of Regulatory Liabilities, Net 21,236 (1,400) 69,627 21,385
Energy Efficiency Programs 66,662 70,687 148,962 156,904
Taxes Other Than Income Taxes 71,049 66,232 131,061 119,743
Total Operating Expenses 632,161 641,794 1,366,763 1,421,744
Operating Income 212,907 177,174 425,920 353,507
Interest Expense 54,689 46,761 104,113 91,626
Other Income, Net 48,421 40,909 95,536 80,782
Income Before Income Tax Expense 206,639 171,322 417,343 342,663
Income Tax Expense 49,036 36,579 99,763 74,107
Net Income $ 157,603 $ 134,743 $ 317,580 $ 268,556