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NSTAR ELECTRIC COMPANY AND SUBSIDIARY CONDENSED CONSOLIDATED STATEMENTS OF INCOME - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2024
Sep. 30, 2023
Sep. 30, 2024
Sep. 30, 2023
Operating Revenues $ 3,063,224 $ 2,791,482 $ 8,929,321 $ 9,216,467
Operating Expenses:        
Purchased Power and Transmission 917,858 1,168,599 2,995,245 4,232,912
Operations and Maintenance 510,439 500,711 1,437,826 1,382,563
Depreciation 366,145 329,528 1,060,650 962,477
Energy Efficiency Programs 148,054 162,425 506,821 531,199
Taxes Other Than Income Taxes 264,371 243,645 740,414 704,989
Total Operating Expenses 2,450,824 2,260,929 6,868,451 7,375,680
Operating Income/(Loss) 612,400 530,553 2,060,870 1,840,787
Interest Expense 300,576 222,283 822,640 624,140
Other Income, Net 112,555 79,123 318,870 262,980
(Loss)/Income Before Income Tax Expense (39,640) 387,393 1,093,081 1,078,627
Income Tax Expense 76,537 45,850 348,309 226,743
NSTAR Electric Company        
Operating Revenues 1,077,523 953,531 2,870,206 2,728,782
Operating Expenses:        
Purchased Power and Transmission 335,335 308,999 817,988 936,484
Operations and Maintenance 189,012 174,091 526,263 487,026
Depreciation 104,623 94,103 301,831 277,396
Amortization of Regulatory Assets/(Liabilities), Net 51,187 (6,462) 120,814 14,923
Energy Efficiency Programs 73,255 95,351 222,218 252,255
Taxes Other Than Income Taxes 74,758 68,449 205,818 188,191
Total Operating Expenses 828,170 734,531 2,194,932 2,156,275
Operating Income/(Loss) 249,353 219,000 675,274 572,507
Interest Expense 60,783 48,178 164,896 139,804
Other Income, Net 47,489 39,908 143,024 120,690
(Loss)/Income Before Income Tax Expense 236,059 210,730 653,402 553,393
Income Tax Expense 51,510 46,019 151,273 120,126
Net (Loss)/Income $ 184,549 $ 164,711 $ 502,129 $ 433,267