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LEASES (Tables)
12 Months Ended
Dec. 31, 2025
Leases [Abstract]  
Components of Lease Cost
The components of lease cost, prior to amounts capitalized, are as follows:
EversourceFor the Years Ended December 31,
(Millions of Dollars)202520242023
Finance Lease Cost:
Amortization of Right-of-use-Assets$9.5 $6.4 $4.8 
Interest on Lease Liabilities2.9 2.7 2.0 
Total Finance Lease Cost12.4 9.1 6.8 
Operating Lease Cost13.0 15.2 11.4 
Variable Lease Cost18.6 18.3 69.2 
Total Lease Cost$44.0 $42.6 87.4 
 For the Years Ended December 31,
 202520242023
(Millions of Dollars)CL&PNSTAR
Electric
PSNHCL&PNSTAR
Electric
PSNHCL&PNSTAR
Electric
PSNH
Finance Lease Cost:
Amortization of Right-of-use-Assets$2.0 $0.2 $0.1 $1.7 $0.2 $— $— $0.2 $— 
Interest on Lease Liabilities0.9 0.6 — 0.8 0.6 — — 0.6 — 
Total Finance Lease Cost2.9 0.8 0.1 2.5 0.8 — — 0.8 — 
Operating Lease Cost2.8 5.1 1.9 2.6 5.3 1.8 0.7 3.0 0.4 
Variable Lease Cost18.6 — — 18.9 — (0.6)21.9 — 47.3 
Total Lease Cost$24.3 $5.9 $2.0 $24.0 $6.1 $1.2 $22.6 $3.8 $47.7 
Supplemental Balance Sheet Information Related to Leases
Supplemental balance sheet information related to leases is as follows:
As of December 31, 2025As of December 31, 2024
(Millions of Dollars)Balance Sheet ClassificationEversourceCL&PNSTAR ElectricPSNHEversourceCL&PNSTAR ElectricPSNH
Operating Leases:
Right-of-use-Assets, NetOther Long-Term Assets$47.4 $6.1 $27.2 $1.5 $56.1 $7.7 $29.4 $3.3 
Operating Lease Liabilities
Current PortionOther Current Liabilities$10.0 $2.3 $3.9 $1.5 $10.4 $2.2 $3.7 $1.7 
 Long-TermOther Long-Term Liabilities37.4 3.8 23.3 — 45.7 5.5 25.7 1.6 
Total Operating Lease Liabilities$47.4 $6.1 $27.2 $1.5 $56.1 $7.7 $29.4 $3.3 
Finance Leases:
Right-of-use-Assets, NetProperty, Plant and Equipment, Net$76.6 $14.6 $2.6 $0.6 $61.9 $16.6 $2.8 $— 
Finance Lease Liabilities
Current PortionOther Current Liabilities$24.5 $1.6 $— $0.1 $5.6 $1.5 $— $— 
Long-TermOther Long-Term Liabilities57.2 14.0 4.9 0.4 62.1 15.6 4.9 — 
Total Finance Lease Liabilities$81.7 $15.6 $4.9 $0.5 $67.7 $17.1 $4.9 $— 
Other Information Related to Leases
Other information related to leases is as follows:
As of December 31,
20252024
EversourceCL&PNSTAR ElectricPSNHEversourceCL&PNSTAR ElectricPSNH
Weighted-Average Remaining Lease Term (Years):
Operating Leases9312294122
Finance Leases9716412817— 
Weighted-Average Discount Rate (Percentage):
Operating Leases4.1 %5.3 %4.2 %5.1 %4.1 %5.2 %4.2 %5.2 %
Finance Leases3.5 %5.3 %2.9 %4.6 %3.3 %5.3 %2.9 %— %
(Millions of Dollars)EversourceCL&PNSTAR ElectricPSNH
For the Year Ended December 31, 2025
Cash Paid for Amounts Included in the Measurement of Lease Liabilities:
Operating Cash Flows from Operating Leases$12.8 $2.8 $5.0 $1.9 
Operating Cash Flows from Finance Leases2.8 0.9 0.7 — 
Financing Cash Flows from Finance Leases5.7 1.5 — 0.2 
Supplemental Non-Cash Information on Lease Liabilities:
Right-of-use-Assets Obtained in Exchange for New Operating Lease Liabilities1.4 0.8 0.1 0.1 
Right-of-use-Assets Obtained in Exchange for New Finance Lease Liabilities19.7 — — 0.7 
(Millions of Dollars)EversourceCL&PNSTAR ElectricPSNH
For the Year Ended December 31, 2024
Cash Paid for Amounts Included in the Measurement of Lease Liabilities:
Operating Cash Flows from Operating Leases$14.5 $2.5 $4.9 $1.8 
Operating Cash Flows from Finance Leases2.6 0.7 0.7 — 
Financing Cash Flows from Finance Leases5.2 1.2 — — 
Supplemental Non-Cash Information on Lease Liabilities:
Right-of-use-Assets Obtained in Exchange for New Operating Lease Liabilities15.3 7.8 5.7 0.3 
Right-of-use-Assets Obtained in Exchange for New Finance Lease Liabilities0.3 — — — 
(Millions of Dollars)EversourceCL&PNSTAR ElectricPSNH
For the Year Ended December 31, 2023
Cash Paid for Amounts Included in the Measurement of Lease Liabilities:
Operating Cash Flows from Operating Leases$10.5 $0.7 $2.5 $0.4 
Operating Cash Flows from Finance Leases2.0 — 0.6 — 
Financing Cash Flows from Finance Leases3.9 — — — 
Supplemental Non-Cash Information on Lease Liabilities:
Right-of-use-Assets Obtained in Exchange for New Operating Lease Liabilities12.8 0.6 7.0 5.0 
Right-of-use-Assets Obtained in Exchange for New Finance Lease Liabilities18.5 18.3 — — 
Future Minimum Lease Payments under Long-Term Finance Leases
Future minimum lease payments, excluding variable costs, under long-term leases, as of December 31, 2025 are as follows:
Operating LeasesFinance Leases

(Millions of Dollars)
EversourceCL&PNSTAR ElectricPSNHEversourceCL&PNSTAR ElectricPSNH
Year Ending December 31,
2026$11.5 $2.6 $5.0 $1.5 $27.9 $2.4 $0.7 0.2 
20277.1 2.0 2.8 0.1 8.2 2.5 0.7 0.2 
20286.8 1.9 2.8 — 7.5 2.6 0.7 0.2 
20294.7 0.1 2.5 — 7.3 2.6 0.7 — 
20304.3 — 2.5 — 7.3 2.6 0.7 — 
Thereafter22.0 0.1 19.6 0.1 43.1 6.2 9.6 — 
Future lease payments56.4 6.7 35.2 1.7 101.3 18.9 13.1 0.6 
Less amount representing interest9.0 0.6 8.0 0.2 19.6 3.3 8.2 0.1 
Present value of future minimum lease payments$47.4 $6.1 $27.2 $1.5 $81.7 $15.6 $4.9 $0.5 
Future Minimum Lease Payments under Long-Term Operating Leases
Future minimum lease payments, excluding variable costs, under long-term leases, as of December 31, 2025 are as follows:
Operating LeasesFinance Leases

(Millions of Dollars)
EversourceCL&PNSTAR ElectricPSNHEversourceCL&PNSTAR ElectricPSNH
Year Ending December 31,
2026$11.5 $2.6 $5.0 $1.5 $27.9 $2.4 $0.7 0.2 
20277.1 2.0 2.8 0.1 8.2 2.5 0.7 0.2 
20286.8 1.9 2.8 — 7.5 2.6 0.7 0.2 
20294.7 0.1 2.5 — 7.3 2.6 0.7 — 
20304.3 — 2.5 — 7.3 2.6 0.7 — 
Thereafter22.0 0.1 19.6 0.1 43.1 6.2 9.6 — 
Future lease payments56.4 6.7 35.2 1.7 101.3 18.9 13.1 0.6 
Less amount representing interest9.0 0.6 8.0 0.2 19.6 3.3 8.2 0.1 
Present value of future minimum lease payments$47.4 $6.1 $27.2 $1.5 $81.7 $15.6 $4.9 $0.5