ML20209J489

Northeast Utils Co,1986 Annual Financial Rept

ML20209J489
Person / Time
Site:	Millstone
Issue date:	12/31/1986
From:	Andersen A, Gulielmo F NORTHEAST NUCLEAR ENERGY CO.
To:	Office of Nuclear Reactor Regulation
References
NUDOCS 8705040297
Download: ML20209J489 (143)

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J FERC FORM NO.1:

ANNUAL REPORT OF MAJOR ELECTRIC UTILITIES, LICENSEES AND OTHERS O

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FERC FORM NO.1:

ANNUAL REPORT OF MAJOR ELECTRIC UTILITIES, LICENSEES AND OTHERS g

This report is mandatory under the Federal Power Act, Sections 3,4(a),304 and 309, and 18 CFR141.1. Failure to report may result in criminal fines, civil penalties and other sanctons as proveed by law. The Federal Energy Regulatory Commission does not consder this report to be of a confidential nature.

Exact Legal Name of Respondent (Company) Year of Report O NORTHEAST NUCLEAR ENERGY COMPANY Dec. 31,19_8.6_ _

FERC FORM NO.1(REVISED 12-85)

- ARTHUR ANDERSEN & CO.

IIARTFORD, CONNECTICUT To Northeast Nuclear Energy Company:

In connection with our examination of the consolidated financial statements of Northeast Utilities (a Massachusetts trust) and subsid-iaries for the year ended December 31, 1986, on which we have reported under date of February 20, 1987, we also examined the schedules for Northeast Nuclear Energy Company on pages 110 through 123D of Form 1 for that year. Our examination was made in accordance with generally accepted at:diting standards and, accordingly, included such tests of the accounting records and such other auditing procedures as we considered necessary in the circumstances. However, we did not make a detailed examination such as would be required to determine that each transaction has been recorded in accordance with the Uniform System of Accounts and published accounting releases.

In our opinion, the schedules referred to in the preceding para-graph conform in all material respects with the accounting requirements of the Federal Energy Regulatory Commission as set forth in its applica-ble Uniform System of Accounts and published accounting releases.

& hytkt<twv ARTHUR ANDERSEN & CO.

February 20, 1987

INSTRUCTIONS FIR FILING THE FERC FORM NO, I GENERAL INFORMATION

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7 1 Purpose This form is a regulatory support requirement (18 CFR 141.1). It is designed to collect financial and opera-tional information from public utilities, licensees and others subject to the jurisdiction of the Federal Energy Regulatory Commission. This report is also secondarily considered to be a nonconfidential public use form supporting a statistical publication (Statistics of Privately Owned Electric Util: ties in the United States) pablished by the Energy Information Administration,

11. Who Must Submit Each Major public utility, liansee, or other, as classified in the Commission's Uniform System of Accounts Prescribed for Public Utilities and Licensees Subject To the Provisions of The Federal Power Act (18 CFR 101) must submit this form.

Note: Major means having, in the previous calendar year, sales or transmission servim that exceeds one of the following:

(1) One million megawatt hours of total annual sales,

(?) 100 megawatt hours of annual sales for resale, (3) 500 megawatt hours of annual gross interchange out, (4) 500 m.mawatt hours ef wheeling for others (deliveries plus losses).

Ill. What and Where to Submit (a) Submit an original and six (5) copies of this form to:

U.S. Department of Energy Energy information AJministration (1541 Mail Station: 8G-094 Forrestal Building Washmgton, D.C.

/S Retain one copy of tl'is report for your files, kj (b) Submit immediatels upon publication, four (4) copies of the latest annual report to stockholders and any annual financial or statistical report regularly prepared and distributed to bondholders, security analyst, or irdustly association. (Do not include monthly and quarterly reports. If reports to stock-holden. are no* prepared, enter **N A" in column (d) on Page 4, the List of Schedules.) Mail these re-ports to:

Chief Accountant F ederal E.iergy Regulatory Commission l'25 N.Coitol St., N.E.

Itoom 60* R8 Washingtoi. O.C. 20426 (c) For the CPA certification, submit with the original submission, or within 30 days after the filing date for th s form, a letter or report:

(i) A ttesting to the conformity, in all material aspects, of the below listed (schedules and) pages with tae Commission's applicable Uniform Systems of Accounts (including applicable notes relating thereto and the Chief Accountant's published accounting releases), and (ii) Sr ned s by independent certified public accountants or an independent limnsed public accountant, cert.fied or limnsed by a regulatory authority of a State or other political subdivision of the LLS.

(Ses la CFR 41.10-41.12 for spi.cific qualifications.)

Reference Schedules Pages Comparative Balance Sheet 110-113 Statement of inco ne 114 117 Statement of Retained Earnings 118 119 Statement of Changes in Financial Position 120 121 Notes to Financial Statements 122 123 O

V When accompanying this form, insert the letter or report immediately following the cover sheet.

FERC FORM NO.1 (REVISED 12-84) Page i

GENERAL 1NFOR'MATION (Continued) 111. What and Where to Submit (Continued)

(c) (Continued)

Use the following form for the letter or report unless unusual circumstances or conditions, explained in the letter or report, demand that it be varied. Insert parenthetical phrases only when exceptions are reported.

In connection with our regular examination of the financial statement of for the year ended on which we have reported separately under date of we have also reviewed schedules of form 1 for the year filed with the Federal Energy Regulatory Commission, for conformity in all material respects with the re-quirements of the Federal Energy Regulatory Commission as set forth in its applicable Uniform System of Accounts and published accounting releases. Our review for this pur-pose included such tests of the accounting records and such other auditing procedures as we considered necessary in the circumstances.

Based on our review, in our opinion the accompanying schedules identified in the preceding paragraph (except as noted below) conform in all material respects with the ac-counting requirements of the Federal Energy Regulatory Commission as set forth in its ap-plicable Uniform System of Accounts and published accounting releases.

State in the letter or report which, if any, of the pages above do not conform to the Commission's requirements. Describe the discrepancies that exist.

(d) Federal, State and Local Governments and other authorized users may obtain additional blank copies to meet their requirements free of charge from:

U S. Departrrent of Energy National Energy Information Center Energy Information Administration Washington, D C. 20585 (202) 252 8800 IV. When to Submit:

Submit this report form on or before April 30th of the year following the year covered by this report.

GENERAL INSTRUCTIONS

!. Prepare this report in conformity with the Uniform System of Accounts (18CFR 101) (U.S. of A.).

Interpret all accounting words and phrases in accordance with the U.S. of A.

II. Enter in whole numbers (dollars or MWH) only, except where otherwise no'ed. (Enter cents for averages and figures per unit where cents are important. The truncating of cents is allowed except on the four basic financial statements where rounding is required.) The amounts shown on all sup-porting pages must agree with the amounts entered on the statements that they support. When ap-plying thresholds to determine significance for reporting purposes, use for balance sheet accounts the balances at the end of the cunent reporting year, and use for statement of income accounts the current years amounts.

lil. Complete each question fully and accurately, even if it has been answered in a previous annual report. Enter the werd "None" where it truly and completely states the fact.

IV. For any page(s) that is not applicable to the respondent, either (a) Enter the words "Not Applicable" on the particuhr page(s), or (b) Omit the page(s) and enter "NA", "None", or "Not Applicable" in column (d) on the List of Schedules, pages 2,3, and 4.

V. Complete this report by means which result in a permanent record. Complete the original copy in permanent black ir.k or typewriter print, if practical. The copies, however, may be carbon copies or other similar means of reproduction provided the impressions are clear and readable.

FEftC FOllM NO.1 (l(EVISl'D 12 81) Pageii

GENERAL INSTRUCTIONS (Continued)

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VI. Enter the month, day, and year for all dates. Use customary abbreviations. The "Date of Report" at the top of each page is applicable only to resubmissions (see Vill. below).

m Indicate negative amounts (such as decreases) by enclosing the figures in parentheses ( ).

Vll.

Vill. When making revisions, resubmit only those pages that have been changed from the original sub-mission. Submit the same number of copies as required for filing the form. Include with the resub-mission the Identification and Attestation page, page 1. Mail dated resubmissions to:

Chief Accountant Federal Energy Regulatory Commission 825 North Capitol Street, N.E.

Room 601 as Washington. D.C. 20426 IX. Provide a supplemental statement further explaining accounts or pages as necessary. Attach the supplemental statement (8% by 11 inch size) to the page being supplemented. Provide the ap-propriate identification information, including the titte(s) of the page and the page number sup-plemented.

X. Do not make references to reports of previous years or to other reports in lieu of required entries, except as specifically authorized.

XI. Wherever (schedule) pages refer to figures from a previous year, the figures reported must be based upon those shown by the annual report of the previous year, or an appropriate explanation given as to why the different figures were used.

Xil. Respondents may submit computer printed schedules (reduced to 8% by 11) instead of. the preprinted schedules if they are in substantially the same format.

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DEFINITIONS 11.

Commission Authorization (Comm. Auth.) - The authorization of the Federal Energy Regulatory Commission, or any other Commission. Name the commission whose authorization was obtained and give date of the authorizeCon.

Ill. Respondent - The person, corporation, licensee, agency, authority, or other legal entity or in-strumentality in whose behalf the report is made.

EXCERPTS FROM THE LAW (Federal Power Act,16 U.S.C. 791e-825tl "Sec. 3. The words defined in this section shall have the following meanings for purposes of this Act, to wit:

...(3)

• corporation

• means any corporation, joint-stock company, partnership, association, business trust, organized group of persons, whether incorporated or not, or a receiver or receivers, trustee or trustees of any of the foregoing. It shall not include ' municipalities' as hereinafter defined; (4) ' person' means an individual or a corporation; (5) ' licensee' means any person, State, or municipality licensed under 1:ie provisions of section 4 of this Act, and any assignee or successor in interest thereof; (7) ' municipality' means a city, county, irrigation district, drainage district, or other political subdivision or agency of a State competent under the laws thereof to carry on the business of developing, trenemitting, utilizing, or distributing power;.. ."

(11) ' project' means a complete unit of improvement or development, consisting of a power house, aff water (onduits, all dams and appurtenant works and structures (including navigation structures) which are a part of said unit, and all storage, diverting, a forebay reservoirs directly connected therewith, the primary line or lines transmitting power therefrom to the point of junction with the distribution system or with the interconnected primary transmission system, all miscellaneous structures used and useful in connection with said unit as any part thereof, and all water rights, rights-of way, ditches, da.vis, reservoirs, lands, or

(- interest in lands the use and occupancy of which are necessary or appropriate in the maintenance and operation of such unit; FERC FORM NO.1 (REVISED 12-81) Page iii

EXCERPTS FROM THE LAJ (Continued)

"Sec. 4. The Commission is hereby authorized and empowered-(a) To make investigations and to collect and record data concerning the utilization of the water re-sources of any region to be developed, the water-power industry and its relation to other industries and to interstate or foreign commerce, and concerning the location, capacity, development costs, and relation to markets of power sites,...to the extent the Commission may deem necessary or useful for the purposes of this Act."

"Sec. 304. (a) Every licensee and every public utility shall file with the Commission such annual and other periodic or special reports as the Commission may by rules and regulations or order prescribe as necessary or ap-propriate to assist the Commission in the proper administration of this Act. The Commission may prescribe the manner and form in which such reports shall be made, and require from such persons specific answers to all questions upon which the Commission may need information. The Commission may require that such reports shall include, among other things, full information as to assets and liabilities, capitalization, net investment, and reduction thereof, gross receipts, interest due and paid, depreciation, and other reserves, cost of project and other facilities, cost of maintenance and operation of the project and other facilities, cost of renewals and replacement of the project works and other facilities, depreciation, generation, transmission, distribution, delivery, use, and sale of electric energy. The Commission may require any such person to make adequate provi-sion for currently determining such costs and other facts. Such reports shall be made under oath unless the Commission otherwise specifies."

"Sec. 309. The Commission shall have power to perform any and all acts, and to prescribe, issue, make, amend, and rescind such orders, rules and regulations as it may find necessary or appropriate to carry out the provisions of this Act. Among other things, such rules and regulations may define accounting, technical, and trade terms used in this Act; and may prescribe the form or forms of all statements, declarations, applications, and reports to be filed with the Commission, the information which they shall contain, and the time within which they shall be filed.. "

GENERAL PENALTIES "Sec. 315. (a) Any licensee or public utility which willfully fails, within the time prescribed by the Commis-sion, to comply with any order of the Commission, to file any report required under this Act or any rule or regula-tion of the Commission thereunder, to submit any information or document required by the Commission in the course of an investigation conducted under this Act....shall forfeit to the United States an amount not ex-ceeding $1,000 to be fixed by the Commission after notice and opportunity for hearing.. "

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l ERC l'ORM NO.1 (REVISED 12-M1 > Page iv

FERC FORM NO 1:

ANNUAL REPORT OF MAJOR ELECTRIC UTILITIES, LICENSEES AND OTHERS O.

U IDENTIFICATION 02 Year of Report 01 Exact Legal Name of Respondent NORTilEAST NijCLEAR ENERGY COMPANY Dec.31,19 86 03 Previous Name and Date of Change (It name changed during year) 04 Address of Principal Business Office at End of year (Street City, State, Zip Code)

Selden Street, Berlin, Connecticut 06037-0218 Mailing Address: P. O. Box 270, llartford, Connecticut 06141-0270 06 Title of Contact Person 05 Name of Contact Person Vice President and Controller George D. Uh1 State, Zip Code) 07 Address 100 Corporate of ContactPlace,Person Rocky (Street, 1111 City,1, Connecticut06067-1823 Mailing Address: P. O. Box 270,llartford, Connecticut 06141-0270 09 This Report is 10 Date of Report 08 Telephone of Contact Person, including (Mo, De, Yr)

Area Code (1) @ An Original (2) O A Resubmission (203)721-2313 ATTESTATION The undersigned officer certifies that he/she has examined the accompanying report, that to the best of his/her knowledge, information, and behe all statements of fact contained in the accompanying report are true and the accompanying report is a correct statement of the business and af-fairs of the above named respondent in respect to each and every matter set forth tpersin dunng the penod from and including January 1 to and including December 31 of the year of the report. /

03 Signature 04 Date Signed 01 Name Coorne D, tihl i 7 '/

April 17, 1987 02 Title /

Vice President and Controller / /

Title 18. U S C.1001, makes it a crime for any person knowingty aiid withngfy to make to any Agency or Department of the United States any false, fiCliflous or fraudulent statements as to any matter within its jurisdiction.

O FERC FORM NO.1 (REVISED 12 84) Page1

Nrms of RIspondent This RIport is: Dita of Report Ystr cf Report (1) @ An Original Wo, Da, M NORTHEAST NUCLEAR Dec. 31,1986 ENERGY COMPANY (2) O A Resubmission LIST OF SCHEDULES (Electnc Utility)

Enter in column (d) the terms "none," "not ap- Omit pages where the responses are "none," "not ap-plicable," or "NA," as appropriate, where no informa- plicable," or "NA."

tion or amounts have been reported for certain pages.

' ' C' Title of Schedule p Remarks

, R M (a) (b) (c) (d)

GENERAL CORPORATE INFORMATION AND FINANCIAL STATEMENTS General Information . 101 Control Over Respondent . 102 Corporations Controlled by Respondent 103 Officers . 104 Directors . ,

105 Secunty Holders and Voting Powers . 106-107 Ed.12 85 Important Changes During the Year 108 109 Comparative Balance Sheet . 110-113 12 84 Statement of Income for the Year 114-117 12 84 Statement of Retained Earnings for the Year . 118-119 Statement of Changes in Financial Position 120-121 Notes to Financial Statements . 122-123 BALANCE SHEET SUPPORTING SCHEDULES (Assets and Other Debts)

Summary of Utility Plant and Accumulated Provisions for Depreciation.

Amortization, and Deptetion 201 Ed.12-85 Nuclear Fuel Matenals 202 Ed.12 85 Electric Plant in Service 204 207 Ed.12-85 Electric Plant Leased to Others . 213 Ed.12-85 Electric Plant Held for Future Use . 214 Ed.12-85 Construction Work in Progress-Electric . 216 Ed.12 85 Construction Overheads-Electric 217 Ed.12-85 General Description of Construction Overhead Procedure. 218 Ed.12-85 Accumulated Provision for Depreciation of Electric Utility Plant 219 Ed.12-85 Nonutility Property. 221 Ed.12-85 Investment in Subsidiary Companies. 224-225 Ed.12 85 Extraordinary Property Losses 230 Ed.12-85 Unrecovered Plant and Regulatory Study Costs. 230 Ed.12-85 Material and Supply 227 Ed.12-85 Miscellaneous Deferred Debits. 233 Ed.12 85 Accumulated Deferred Income Taxes (Account 190) 234 Ed.12 85 BALANCE SHEET SUP40RTING SCHEDULES (Liabilities and Other Credits)

Capital Stock . 250-251 Ed.12 86 Capital Stock Subsenbed, Capital Stock Liability for Conversion, Premium on Capital Stock, and Installments Received on Capital Stock. 252 Ed.12-86 Other Paid in Capital. 253 Ed.12 86 Discount on Capital Stock 254 Ed.12 86 O Capital Stock Expenses Long Term Debt 254 256-257 Ed.12 86 Ed.12 86 FERC FORM NO.1 (ED.12-86) Page 2

Name tf Respondent This Report is: D t2 of Report Y;ar (f Report NORTilEAST NUCLEAR (1) CD An Onginal Wo, Da, W EilERGY COMPANY (2) O A Resubmission Dec.31,1986 LIST OF SCHEDULES (Electnc Utility)(Continued)

Title of Schedule ' '

P R M Remarks (a) (b) (c) (ct)

DALANCE SHEET SUPPORTING SCHEDULES (Liabilities and Other Credits)(Continued)

Tcxes Accrued, Prepaid and Charged During Year . 262 263 Ed 12-86 R: conciliation of Reported Net income with Taxable income for Federal income Taxes . 261 Accumulated Deferred Investment Tax Credits. 266-267 Ed 12-86 Other Deferred Credits 269 Ed 12 86 Accumulated Deferred Income Taxes-Accelerated Amor*.ization Property 272 273 Ed 12-86 Accumulated Deferred income Taxes-Other Property 274-275 Ed 12 86 Accumulated Deferred Income Taxes-Other . 276-277 Ed 12 86 INCOME ACCOUNT SUPPORTING SCHEDULES Electnc Operating Revenues 300-301 Ed 12 86 Sales of Electncity by Rate Schedules 304 Sales for Resale 310-311 El:ctnc Operation and Maintenance Expenses. 320-323 12 84 Number of Electric Department Employees 323 Purchased Power 326-327 Interchange Power 328-329 Ed 12-86 Transmission of Electncity for or by Others Miscellaneous General Expenses-Electnc .

332 335 Ed 12 86 g

Depreciation and Amortization of Electnc Plant 336-338 Ed 12-86 Particulars Concerning Certain income Deduction and Interest Charges Accounts . 340 Ed 12 86 COMMON SECTION Regulatory Commission Expenses . 350-351 Research, Development and Demonstration Activities . 352-353 Distribution of Salarier and Wages 354-355 Common Utility Plant and Expenses 356 ELECTRIC PLANT STATISTICAL DATA Electric Energy Account 401 Monthly Peaks and Output . 401 Steam-Electric Generating Plant Statistics (Large Plants) 402 403 St:am-Electric Generating Plant Statistics (Large Plants) Average AnnualHeat Rates and Corresponding Net Kwh Output for Most Efficient Generating Units . 404 12-85 Deleted Hydroelectric Generating Plant Statistics (Large Plants) 406-407 Pumped Storage Generating Plant Statistics (Large Plants) 408-409 G:nerating Plant Statistics (Small Plants) . 410-411 Ed 12-86 Changes Made or Scheduled to be Made in Generating Plant Capacities 411 12-85 Deleted Steam Electnc Generating Plants 412-413 12-85 Deleted Hydroelectnc Generating Plants. 414 415 12 85 Deleted h

)

FERC FORM NO.1 (ED.12-86) Page 3 O

1 l

Thi3 Report is: D:t3 cf Report Y;ct cf Report Name of Respondent Wo, Da, M NORTIIEAST NUCLEAR (1) @ An Original ENERGY COMPANY Dec. 31,1986 (2) O A Resubmission LIST OF SCHEDULES (Electric Utility)(Continued) f) Remarks Title of Schedule "*

p,g '[* p, (b) (c) (d)

(a)

ELECTRIC PLANT STATISTICAL DATA (Continued) 416-418 12-85 Deleted Pumped Storage Generating Plants. . .

420-421 12-85 Deleted Internal Combustion Engine arid Gas Turbine Generating Plants 422-423 Transmission Line Statistics . .

Ed 12-86 Transmission Lines Added During Year 424-425 426-427 Ed 12-86 Substations .. .

Ed 12-86 429 Electric Distribution Meters and Line Transformers 430 Ed 12-86 Environmental Protection Facilities Ed 12-86 431 Environmen'al Protection Expenses. ,

450 Footnote Date . . . .

Stockholders' Reports .

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FERC FORM NO.1 (ED.12 86) Page 4

Deze cf Report Yeer cf Report Name cf Respondent TNs Report is:

(Mo, De. Yrl NORTilEAST NUCLEAR HI El An one=1 Dec.at,teafi ENERGY COMPANY f 21 O A Resutwr ision GENER AL INFORMATION

1. Provide name and title of officer having custody of the general corporate books of account and address of office where the Q general corporate books are kept, and address of office where any other cc porate books of account are kept,if different from th where the general corporate books are kept.

George D. Uhl, Vice President and Controller 100 Corporate Place, Rocky 11111, Connecticut 06067-1823 Mailing Address: P.O. Box 270, llartford, Connecticut 06141-0270

2. Provide the name of the State under the laws of which respondent is incorporated, and date of incorporation. If incorporated under a special law, give reference to such law. If not incorporated, state that fact and give the type of organization and the date organized. Incerporated under the laws of the State of Connecticut on 1$3,Granted approvedauthority June 6, to exercise utility powers by)1967 1950 1967 (Volume XXXIII, page 144 November Special Act 14,No. .

3. If at any time during the year the property of respondent was held by a receiver or trustee, give (a) name of receiver or trustee, (b) date such receiver or trustee took possession, (c) the authority by which the receivership or trusteeship was created, and (rt) date when possession by receiver or trustee ceased.

Not Applicable O

4. State the classes of utility and other services furnished by respondent during the year in each State in which the respondent operated.

The Company is an agent for the construction and operation of certain electric production f acilities in the State of Connecticut.

5 Have you engaged as the principal accountant to audit your financial statements an accountant who is not the principal ac-countant for your previous year's certified financial statements?

I (H O YES .. Enter the date when such independent accountant was initially engaged:

(2) [INO Page 101 FERC l'ORM NO.1 (REVISED i 2-81)

Name af Respondent This Report is: Date sf Report Year tf Report NORTl! EAST NUCLEAR gi ggan o,,,nel (Mo, De, Yr)

ENERGY COMPANY IM EJ A no.ubm.is on osc. 31, is 8_6 CONTROL OVER RESPONDENT

1. If any corporation, business trust, or similar organization or trustee (s), name of beneficiary or beneficiaries for whom trust e

combination of such organizations jointly held control over the was maintained, and purpose of the trust, respondent at end of year, state name of controlling corporation 2. If the above required information is available from the SEC or organisation, manner in which control was held, and entent of 10-K Report Form filing, a specific reference to the report form control. If control was in a holdoig company organization, show (i.e. year and company title) may be listed provided the fiscal the chain of ownership or control to the main parent company or years for both the 10-K report and this report are compatible, organisation. If control was held by a trustee (s), state name of Name of controlling organization - Northeast Utilitie', e voluntary association organized under the laws of the Commonwealth ot Massachusetts, which wholly and directly owns the respondent and is the main parent in a holding company orga-nizatlon.

M. inner in which control was held - Ownership of Common Stock.

Extent of Control - 100%

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I LitC l'Oll\l NO.1 (ItEVISED I 2-81 ) Page 102

Date of Report Yest of Report This Report is:

penme of flespondon:

f1) d An Or6ginal (Mo, De, Yr)

NORTilEAST NUCLEAR Dec.at,te5 (21 O A Rosemienion ENERGY C05fPANY CORPORATIONS CONTROLLED BY RESPONDENT

3. If control was held jointly with one or more other interests.

1. Report below the names of all corporations, business trusts,

• state the fact in a footnote and name the other interests, and similar organizations, controlled directly or indirectly by 4. If the above required information la available from the SEC respondent at any time during the year, if control ceased prior to 10-K Report Form filing, a specific reference to the repor end of year, give particulars (details) in a footnote.

(i.e. Year and company title) may be listed in column (a) provided

2. If controlwasbyothermeansthanadirectholdingof voting the fiscal years for both the 10-K report and this report are com-rights, state in a footnote the manner in which control was held, patible.

naming any intermediaries involved.

DEFINITIONS

1. See the Uniform System of Accounts for a definiti on of control or direct action without the consent of the other, as where the voting control is equally divided between two holders.

control,

2. Direct control is that which is exercised without interposi- or each party holds a veto power over the other. Joint control may exist by mutual agreement or understanding between two or tion of an intermediary,

3. Indirect control is that which is exercised by the interposi- more parties who together have control within the meaning of the definition of control in the Uniform System of Accounts, tion of an intermediary which exercises direct control.

4. Joint controlis that in which neither interest can effectively regardless of the relative voting rights of each party.

Percent Voting Footnote Name of Company ControHed Kind of Businese Stock Owned fief.

ibb lel Idl (al NONE O

I O G

Page 103 FERC FORM NO.1 (REVISED 12 81)

Name af Hespondent This Heport is: Dato cf Heport Year af Heport NORTilEAST NUCLEAR (tI CAn Onginal (Mo, Da, Yr)

ENERGY COMPANY (2) O A nesutx=is.on Dec. 31,19&f1 OFFICERS

1. Report below the name, title and salary for each executivo any position, show name and total remuneration of the previous of ficer whose salary is $50,000 or more. An "euecutive officer" of incumbent, and date the change in incumbency was made, a respondent includes its president, secretary, treasurer, and vice 3. Utilities which are required to file the same data with the president in charge of a principal business unit, division or func- Securities and Exchange Commission, may substitute a copy of tion (such as sales, administration or finance), and any other per- item 4 of Regulation S K (identified as this page). The substituted son who performs similar policymaking functions. page(s) should be the same site as this page.

2. If a change was made during the year in the incumbent of l '"' Salary Title Name of Officer No for year tal (bl ick 1

2 3

4 5

6 7

8 See insert page 104A 9

10 11 12 13 14 15 16 17 13 10 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 I;l-IIC 1011M NO. I (ItliVISlil) 12-Mi) Page 104

,m Annual Report of NORTHEAST NUCLEAR ENERGY COMPANY Year Ended December 31, 1986

(_)

0FFICERS Salary Line No. Title Name of Officer for Year (a) (b) (c)

1. Chairman, President & Chief

2. Executive Officer William B. Ellis (1)

3. Executive Vice President & Chief

4. Financial & Administrative Officer Bernard M. Fox (2)

5. Executive Vice President - John F. Opeka (3)

6. Engineering % Operations

7. Senior Vice President - Nuclear

8. Engineering & Operations Edward J. Mroczka (4) l 9. Senior Vice President -

Administrative Services Lawrence H. Shay See Insert

10. Page 104C

11. Senior Vice President, Secretary and

Walter F. Torrance, Jr. (5)

12. General Counsel (only

13. Vice President - Budget Management

14. & Financial Planning C. Thayer Browne reported in Carroll A. Caffrey official I 15. Vice President - Human Resources copies)

16. Vice President - Corporate Planning & Consumer Economics John P. Cagnetta 17.

18. Vice President - Information

19. Resources Tod O. Dixon O 20. Vice President - Corporate

21. Performance Services &

Organizational Control Albert J. liajek l 22.

Francis L. Kinney

23. Vice President - Public Affairs

24. Vice President & Treasurer Leonard A. O'Connor l

25. Vice President - Nuclear Operations Wayne D. Romberg (6)

26. Vice President - Nuclear &

27. Envircnmental Engineering C. Frederick Sears

28. Vice President & Controller George D. Uh1 (7) l

29. Vice President - Generation

! 30. Engineering & Construction Richard P. Werner

31. Assistant Secretary Elizabeth W. Broome (8)

32. Asafotant Secretary Cheryl W. Gris&

33. Assistant Treasurer Robert C. Aronson

34. Assistant Treasurer David H. Boguslawski (1) Elected to the additional position of President effective 6/1/86.

i (2) Promoted from Senior Vice President effective 6/1/86.

(3) Promoted f rom Senior Vice President ef fective 12/1/86.

(4) Promoted from Vice President effective 12/1/86.

(5) Elected to the additional position of Secretary effective 1/1/87.

(6) Elected effective 12/1/86.

(7) Elected to the additional position of Vice President effective 8/1/86.

(8) Elected effective 1/1/87.

O (Continued on Page 104B)

Page 104A

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1 Annual Report of NORTHEAST NUCLEAR ENERGY COMPANY Year Ended December 31, 1986 O OFFICERS i

l NOTES:

E. James Ferland, President & Chief Operating Of ficer, resigned effective 6/1/86.

I Walter F. Fee, Executive Vice President - Engineering & Operations resigned effective 12/1/86.

Robert W. Bishop, Secretary, resigned from that office effective 1/1/87.

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- - _ - - . - . . _ - . _ _ _ , _ , . _ _ _ ___ _ _ - _ , . _ _ _ _ _ _ _ ~ - - - - _ . _ _ _ _ _ . , - - _ .

Name of Respondent This Report is: D't3 cf R; port Yer of R: port NORTHEAST NUCLEAR ENERGY () An rig nal N' N' N COMPANY (2) C A Resubmission Dec. 31,19 8 6 DIRECTORS

1. Report below the information called for concerning 2. Designate members of the Executive Committee by each director of the respondent who held office at any time an asterisk and the Chairman of the Executive Commit-during the year. Include in column (a), abbreviated titles tee by a double asterisk.

of the directors who are officers of the respondent.

Name (and Title) of Director Pnncipal Business Address (a) (b)

See insert page 105A O

O FERC FORM NO.1 (REVISED 12-81) Page 105

Annual Report of NORTHEAST NUCLEAR ENERGY COMPANY Year Endsd D2cstbtr 31, 1986 DIRECTORS fw b Name (and Title) of Director Principal Business Address (a) ,

(b)

Philip T. Ashton Selden Street, Berlin, Connecticut John P. Cagnetta (Vice President -

Corporate Planning & Consumer Economics) Selden Street, Berlin, Connecticut William B. Ellis (Chairman, President &

Selden Street, Berlin, Connecticut Chief Executive Officer)

Bernard M. Fox (Executive Vice President

& Chief Financial & Administrative Officer) Selden Street, Berlin, Connecticut Frank R. Locke 174 Brush Hill Avenue, West Springfield, MA Leon E. Maglathlin, Jr. Selden Street, Berlin, Connecticut Edward J. Mroczka (Senior Vice President -

Nuclear Engineering & Operations (1) Selden Street, Berlin, Connecticut John F. Opeka (Executive Vice President -

Engineering & Operations) Selden Street, Berlin, Connecticut Lawrence H. Shay.(Senior Vice President -

Selden Street, Berlin, Connecticut Administrative Services)

Walter F. Torrance, Jr. (Senior Vice President, Secretary and General Counsel) Selden Street, Berlin, Connecticut (1) Elected effective 12/1/86.

(~

V)

NOTES:

Previous Director, E. James Ferland (President & Chief Operating Of ficer), resigned effective 6/1/86.

Previous Director, Walter F. Fee (Executive Vice President - Engineering & Operations),

resigned effective 12/1/86.

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Page 105A

'~ . - - . - - - . .

Nams of R:spondent This R: port is: Dat7 of R: port Year of Riport (1) IX An Original Wo, Da, M NORTHEAST NUCLEAR ENERGY COMPANY (2) O A Resubmission Dec. 31,19_86 SECURITY HOLDERS AND VOTING POWERS

1. Give the names and addresses of the 10 security give other important particulars (detailr) concerning the holders of the respondent who, at the date of the latest clos- voting rights of such secunty. State whether voting nghts ing of the stock book or compilation of list of stockholders are actual or contingent; if contingent, desenbe the of the respondent, pnor to the end of the year, had the contingency.

highest voting powers in the respondent, and state the 3. If any class or issue of secunty has any special number of votes which each would have had the nght to cast privileges in the election or directors, trustees or managers, on that date if a meeting were then in order. If any such or in the determination of corporate action by any method, holder held in trust, give in a footnote the known particulars explain bnefly in a footnote.

of the trust (whether voting trust, etc.), duration of trust. and 4. Furnish particulars (details) concerning any options.

poncipal holders of beneficiary interests in the trust. If the warrants, or nghts outstanding at the end of the year for stock book was not closed or a list of stockholders was not others to purchase securities of the respondent or any compiled within one year prior to the end of the year, or if secunties or other assets owned by the respondent. including since the previous compilation of a list of stockholders, some prices, expiration dates, and other v.terial information other class of secunty has become vested with voting nghts, relating to exercise of the options, warrants, or nghts. Specify then show such 10 secunty holders as of the glose of the the amount of such securities or assets so entitled to te pur-year. Arrange the names of the secunty holders n the order chased by any officer, director, associated company, or any of voting power, commencing with the highest. Ghow in col- of the ten largest secunty holders. This instruction is inap-umn fa) the titles of officers and directors included in such plicable to convertible secunties or to any secunties substan-list of 10 secunty holders. tially all of which are outstanding in the hands of the general

2. If any secunty other than stock carries vctbg nchts, public where the options, warrants, or rights were issued on explain in a supplemental statement the Crcumstances a prorata basis.

whereby such secunty became vested with vot.ng nghts and

1. Give date of the latest closing of the stock 2. State the total number of votes cast at the 3. Give the date book poor to end of year, and state the purpose latest general meeting pnor to the end of year and place of such of such closing for election of directors of the respondent and meeting:

number of such votes cast by proxy March 14, 1986 Books do not close Total. 1,500 Selden Street By proxy: 1.500 Berlin. CT VOTING SECURITIES g Number of votes as of (datei December 31, 1986 W Name (Title) and Address cf Secunty Holder Total Common Preferred Other Votes Stock Stock (a) (b) (c) (d) rel 4 TOTAL votes of all voting secunties 1,500 1,500 NONE NONE 5 TOTAL number of security holders 1 1 NONE NONE _

6 TOTAL votes of secunty holders listed 1,500 1,500 NONE NONE below 7

8

1. Northeast Utilities 174 Brush Hill Avenue y West Springfield, MA 1,500 1,500 NONE NONE 12 13 2. NONE 14 15 3. NONE 16 17

4. NONE 18 19 20 21 22 23 24 25 26 27 28 FERC FORM NO.1 (ED.12-86) Page 106

This R port is: Dits of R: port Ycar of Report N:me of Respondent NORTHEAST NUCLEAR ENERGY (1) G An Original N#' O#' N COMPANY Dec.31,1986 (2) O A Resubmission

> SECURITY HOLDERS AND VOTING POWERS (Continued)

Totat Common Preferred

Name (Title) and Address of Secunty Holder votes Stock Stock

"[

(b) (c) (d) (e)

(a) 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 O s' 52 53 54 55 56 57 58 59 60 61 62 63

, 64 65 66 67 68 69 70 71 72 73 74 75 76 77 78 79 80 I

f FERC FORM NO.1 (ED.12-86) Page 107

Narne of Respondent This Report is: Dit) of R;prt Yer of Report NORT11 EAST NUCLEAR (1) CD An Original Wo, Da, M ENERGY COMPANY Dec.31,19 E (2) O A Resubmission IMPORTANT CHANGES DURING THE YEAR Give particulars (details) concerning the matters inoicated gas made availabie to it from purchases, development, purchase below. Make the statements explicit and precise, and number - contract or otherwise, giving location and approximate total gas them in accordance with the inquiries. Each inquiry should be volumes available, period of contracts, and other parties ta any answered. Enter "none" "not applicable," or "NA"where ap- such arrangements etc.

plicable. If information which answers an inquiry is given 6. Obligations incurred as a result of issuance of securities elsewhere in the report, make a reference to the schedule in or assumption of liabilities or quarantees including issuance of which it appears. short-term debt and commercial paper having a maturity of one

1. Changes in and important additions to franchise rights: year or less. Give reference to FERC or State commission Describe the actual consideration given therefor and state from authorization, as appropriate, and the amount of obligation or whom the franchise nghts were acquired. If acquired without guarantee.

the payment of consideration, state that fact. 7. Changes in articles of incorporation or amendments to

2. Acquisition of ownership in other companies by charten Explain the nature and purpose of such changes or reorganization, merger, or consolidation with other companies: amenc;ments.

Give names of companies involved, particulars concerning the 8. State the estimated annual effect and nature of any transactions, name of the Commission authorizing the transac- important erage scale changes during the year.

tion, and reference to Commission authorization 9. State br.efly the status of any matenally impor1 ant legal

3. Purchase or sale of an operating unit or system: Give proceedings pending at the end of the year, and the results of a brief description of the property, and of the transactions re- any such proceedings culminated during the year.

liting thereto, and reference to Commission authorization, if 10. Descnbe briefly any materia lty important transactions of tny was required. Give date journal entnes called for by the the respondent not disclosed elsewhere in this report in which Uniform System of Accounts were submitted to the Commis- an officer, director, security holder reported on page 106, voting sien. trustee, associated company or known associate of any of these

4. Important leaseholds (other than leaseholds for natural persons was a party or in which any such person had a matenal gas lands) that have been acquired or given, assigned or sur- interest.

rendered. Give effective dates, lengths of terms, names of par- 11. (Reserved.)

ties, rents, and other conditions. State name of Commission tuthorizing lease and give reference to such authorization.

5. Important extension or reduction of transmission or distnbution system: State territory added or relinquished and date operations began or ceased and give reference to Com- 12. If the important changes dunng the year relating to the mission authorization, if any was required. State also the respondent company appeanng in the annual report to stock-approximate number of customers added or lost and approx- holders are applicable in every respect and furnish the data imate annual revenues of each class of service. Each natural required by instructions 1 to 11 above, such notes may be gas company must also state major new continuing sources of attached to this page.

See insert pages beginning with page 109A for Important Changes During the Year.

Page 108 O

j FERC FORM NO.1 (REVISED 12-83)

..m .

I This Report is: Date of RW. Year of Report Name of Respondent (W,De,Yd NORTHEAST NUCLEAR (1) 0 An Original ENERGY COMPANY Dec.31,19%

(2) O A Resubmission IMPORTANT CHANGES DURING THE VEAR (Continued)

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O FERC FORM NO.1 (HEVISED 12 81) Page 109

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Annunl R port of NORTHEAST NUCLEAR ENERGY COMPANY Year Ended December 31, 1986 IMPORTANT CHANGES DURING THE YEAR lll

1. NONE

2. NONE

3. NONE

4. NONE

5. NONE

6. On December 8, 1986, the Board of Directors of Northeast Nuclear Energy Company (NNECO) authorized a short-term debt limitation of $50,000,000 effective through December 31, 1988, and on December 24, 1986, the Securities and Exchange Comm.ission approved this amount (Release No.

35-24282, File No. 70-7304). There were no short-term borrowings as of December 31, 1986.

7. NONE

8. NONE

9. In January 1983, the Internal Revenue Service (IRS) informed the North-east Utilities system (the System) of the results of its audit of the System's 1978 and 1979 tax returns. The IRS sought payment from the System of an additional $5.64 million in income taxes (netting debits and credits) for 1978 and 1979. Most of that amount (approximately llh

$5.29 million) was related to the 1979 settlement of a suit by the System and the other owners of Millstone Unit 3 against Vestinghouse Electric Company (Vestinghouse) relating to that company's repudiation of its contract to supply uranium for the unit. Another portion of the amount sought by the IRS (approximately $315,000) was related to the settlement of a claim by the System against Combustion Engineering, Inc. (CE) relating to CE's repudiation of a contract to remove spent fuel. The IRS took the position that the full value of such settle-ments should have been treated as taxable income in the year of settle-ment, even though the benefits of at least some portions of the settle-ments vould not have been realized until subsequent years. The System and the other utilities that settled with Vestinghouse opposed the IRS's position, as they believed that none of the proceeds of the settlement represented income but rather should have been treated as a reduction in the cost basis of the nuclear fuel for the units in ques-tion. The System joined a number of af fected utilities in draf ting proposed legislation to reflect those views, but that effort was unsuc-cessful. In May 1983, the System filed a protest with the local appeals office of the IRS to challenge the audit.

In January 1987, the System completed a settlement of its appeal with the IRS. The System has agreed to a payment of $2.08 million in additional income taxes (or approximately 35 percent of the amount the IRS was seeking). As a result of the settlement, the System also is 9

109A

- . . . . - - - _ . _. .._ . -- - . ~ . _ .. .. . . . . _ . _ . . -

1 Annual Raport of NORTHEAST NUCLEAR ENERGY COMPANY

^

Year Ended December 31, 1986 IMPORTANT CHANGES DURING THE YEAR

(

liable for additional payments in state taxes of approximately $1.5 4 million.

l 10. NONE i

j 11. (Reserved)

12. N/A i

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- , _ , - _ - . - . . _ _ - . - . . . _ _ . . . , . _ - - _ . - - ~ ~ .

Name of Respondent This Report is: Dita of Report Ycr of Report NCRTIIEAST NUCLEAR (1) [D An Original (Mo, Da, Yr)

_ ENERGY COMPANY (2) O A Resubmission Dec. 31,19_8 6

_ COMPARATIVE BALANCE SHEET (ASSETS AND OTHER DEBITS)

Une Titie of Account Ref. Balance at Balance at g' Page No. Beginning of Year End of Year (a) (b) (c) (d) 1 UTILITY PLANT 2 Utihty Plant (101106,114) 200-201 36,644.401 42.7sI_441 3 Construction Work in Progress (107) 200-201 1.345,628 3.227.927 4 TOTAL Utility Plant (Enter Total of lines 2 and 3) 37.990.029 45,479.368 5 (Less) Accum. Prov. for Depr. Amort. Dept. (108, III,115) 200-201 572,150 i 197_sai 6 Net Utility Plant Enter Total of line 4 less 5) - 3 7,41/ , b / 9 ,, ,, , o 3 m7 7 Nuclear Fuel (120.1 120.4,120.6) 202-203 8 (Less) Accum. Prov. for Amort. of Nucl. Fuel Assemblies (120.5) 202-203 9 Not Nuclear Fuel (Enter Total of line 7 less 8) -

10 Net Utility Plant (Enter Total of lines 6 cnd 9) - 37.41i,679 44.241.837 11 Utility Plant Adjustments (116) 122 12 Gas Stored Underground-Noncurrent (117) -

13 OTHER PROPERTY AND INVESTMENTS 14 Nonutility Property (121) 221 15 (Less) Accum. Prov. for Depr. and Amort. (122) -

16 Investments in Assoctated Comoanies (123) -

17 fnvestment in Subsidiary Compsnies (123.1) 224-225 18 (For Cost of Account 123.1, See Footnote Page 217, line 23) -

19 Other Investments (124) -

20 Special Funds (125-128) -

21 TOTAL Other Property and Investments (Total of lines 74 thru 20) -

22 CURRENT AND ACCRUED ASSETS 23 Cash (131) -

3.397 2,810 24 Special Deposits (132134) -

25 Working Funds (135) -

8.600 R_6sn 26 Temporary Cash investments (136) -

27 Notes Receivable (141) -

28 Customer Accounts Receivable (142) -

29 Other Accounts Receivable (143) -

290.253 2.380.642 30 (Less) Accum. Prov. for Uncollectible Acct.-Credit (144) -

31 Notes Receivable from Associated Companies (145) - -

5.500.000 32 Accounts Receivable from Assoc. Companies (146) -

30.032.507 42,948,944 33 Fuel Stock (151) 227 34 Fuel Stock Expense Undistributed (152) 227 35 Residuals (Elec) and Extracted Products (Gas) (153) 227 36 Plant Material and Operating Supplies (154) 227 12.585.039 33.218.956 37 Merchandise (155) 227 38 Other Material and Supphes (156)  ??7 39 Nuclear Materials Held for Sale (157) 202-203/2 2 7 40 Stores Expenses Undistributed (163) 227 75.252 116.012 41 Gas Stored Underground - Current (164.1) -

42 Liquefied Natural Gas Stored (164.2) -

43 Liquefied Natural Gas Hold for Processing (164.3) -

44 Prepayments (165) - 770,714 4.277.033 45 Advances for Gas Explor., Devel. and Prod. (160) -

46 Other Advances for Gas (167) -

47 Interest and Dividends Receivable (171) -

48 Rents Receivable (172) -

49 Accrued Utility Revenues (173) -

50 Miscellaneous Current and Accrued Assets (174) 51 TOTAL Current and Accrued Assets (Enter Total of lines 23 thru 50) 43.76'),762 88.453.047 FERC FORM NO.1 (ED.12-84) Page 110 l

This Report is: Date of Report Year of Report Name of Respondent (1) @ An Original (Mo, Oa, Yr)

NORTilEAST NUCLEAR ENERW COWAW Dec. 31,1986 (2) O A Resubmission f3 COMPARATIVE BALANCE SHEET (ASSETS AND OTHER DEBITS)(Continued) Balance at Ref. Balance at Une Title of Account Page No. Beginning of Year End of Year No' (b) (c) (d)

(a) 52 DEFERRED DEBITS 53 Unamortized Debt Expense (181)

Extraordinary Property Losses (182.1) 230 54 230 55 Unrecovered Plant and Regulatory Study Costs (182,2) 1,017,351

- 2,246,444 56 Prelim. Survey and Investigation Charges (Electric) (183) 57 Prelim. Sur and invest. Charges (Gas) (183.1.183.2) 231,443

- 411,942 58 Clearing Accounts (184) 59 Temporary Facilities (185) 6,504,983 233 161.715 60 Miscellaneous Deferred Debits (186) -

61 Def. Losses from Disposition of Utility Plt. (187)

Research, Devel. and Demonstration Expend. (188) 352-353 62 -

63 Unamortized Loss on Reacquired Debt (189) 234 64 Accumulated Deferred income Taxes (190) -

65 Unrecovered Purchased Gas Costs (191) -

66 Unrecovered incremental Gas Costs (192.1) -

67 Unrecovered incremental Surcharges (192.2) 9,163,369 1,610.529 68 TOTAL Deferred Debits (Enter Total of lines 53 thru 67) 69 TOTAL Assets and other Debits (Enter Total of lines 10. f f,12, 90,347,010 134,355,413 21, 51, and 68)

See Notes to Financial Statements beginning on page 122.

O O' FERC FORM NO.1 (REVISED.12-84)

Page 111

Name of Respondent This Report ls: D:_ts of Report Yzr of Report NORTilEAST NUCLEAR (1) G An Origiaat (Mo, Da, Yr)

ENERGY COMPANY (2) O A Resubmission Dec. 31,19 86 COMPARATIVE BALANCE SHEET (LIABILITIES AND OTHER CREDITS)

Line Title of Account Ref. Balance at Balance at g* Page No. Beginr9ng of Year End of Year (a) (b) (c) rd) 1 PROPRIETARY CAPITAL 2 Common Stock issued (201) 250-251 15.000 15,000 3 Perferred Stock issued (204) 250-T51 4 Capital Stock Subscribed (202, 205) 252 S Stock Liability for Conversion (203,206) 2 52 6 Premium on Capital Stock (207 252 7 Other Paid-in Capital (208-211) 253 15.350.000 15,350,000 8 Installments Received on Capital Stock (212) 999 9 (Less) Discount on Capital Stock (213) 254 10 (Less) Captial Stock Expense (214) 254 11 Retained Earnings (215,15.1, 216) 118-119 93.522 1.162.345 12 Unappropnated Undistributed Subsidiary Earnings (216.1) 118-119 13 (Less) Reacquired Capital Stock (217) 250-251 14 TOTAL Propnetary Capital (Enter Total of Isnes 2 thru 13) -

15.458.522 16.527.145 15 LONG TERM DEBT 16 Bonds (221) 256-257 17 (Less) Reacquired Bonds (222) 256-257 18 Advances from Associated Companies (223) 256-257 19 Other Long Term Debt (224) 256-257 -

15,000,000 20 Unamortized Premium on Long-Term Debt (225) -

21 (Less) Unamortized Discount on Long-Term Debt-Dr. (226) -

22 TOTAL Long-Term Debt (Enter Total of lines 16 thru 21) -

15,000,000 23 OTHER NONCURRENT LIABILITIES 24 Obligations Under Capital Leases Noncurrent (227) -

24,375,949 29,588,070 25 Accumulated Provision for Property insurance (228.1) -

26 Accumulated Provision for injunes and Damages (228.2) -

(495) (3.490) 27 Accumulated provision for Pensions and Benefits (22tL3) -

265.457 360.578 28 Accumulated Miscellaneous Operating Provisions (228.4) -

29 Accumulated Provision for Rate Refunds (229) -

30 TOTAL OTHER Noncurrent Liabilities Enter Total of lines 24 thru 29) 24.640.911 29.945.158 31 CURRENT AND ACCRUED LIABILITIES 32 Nntes Payable (231) - 20,500,000 -

33 Accounts Payable (232) -

18,781,828 32,966,798 34 Notes Payable to Associated Companies (233) -

35 Accounts Payable to Associated Companies (234) -

3,064,902 8,632,476 36 Customer Deposits (235) -

37 Taxes Accrued (236) 262-263 4,922,452 3,809,754 38 Interest Accrued (237) -

40,385 34,625 39 Dividends Declared (238) -

40 Matured Long-Term Debt (239) -

41 Matured Interest (240) -

42 Tax Collections Payable (241) -

231,683 264,496 43 Miscellaneous Current and Accrued Liabilities (242) -

122,825 21,286,442 44 Obligations Under Capital Leases Current (243) 592,649 983,772 45 TOTAL Current and Accrued Liabilities (Enter Total of line: 32 thru 44) 48,256,724 67,978,363 FERC FORM NO.1 (REVISED 12 84) Page 112 9

l Name of Respondent This Report is: Date of Report Year of Report (1) [2 An Original (Mo,De,Yo NORTHEAST NUCLEAR ENERGY COMPANY (2) O A Resubmission Dec. 31,1936 h COMPARATIVE BALANCE SHEET (LIABILITIES AND OTHER CREDITS)(Continued)

Ref Omit Cents Lme "

Page No. Balance at Balance at No.

Beginning of Year End of Year (a) (b) (c) (d) 46 DEFERRED CREDITS 47 Customer Advances for Construction (252) 48 Accumulated Deferred investment Tax Credits (255) 166-267 57.050 (225) 49 Deferred Gains from Disposition of Utility Plant (256) 50 Other Deferred Credits (253) 269 406 6,667 51 Unamortized Gain on Reacquired Debt (257) 52 Accumulated Deferred Income Taxes (281283) 2/2-277 L,933,39I 4.898.105 53 TOTAL Deferred Credits (Enter Total of lines 47 thru 52) 1,990,853 4.904.547 54 55 56 57 58 59 60 61 62 63 64 b5 66 o 67 I 68 TOTAL Liabilities and Other Credits (Enter Total of lines f 4, 22, 30, 90,347,010 134,355,413 69 45 and 53)

See notes to Financial Statements beginning on page 122.

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n Name of Respondent This Report is: Dits of Report Yar of Report NORTilEAST NUCLEAR (1) 3 An Original (Mo,Da,YO ENERGY COMPANY Dec. 31,198.6 (2) O A Resubmission STATEMENT OF INCOME FOR THE YEAR

1. Report amounts for accounts 412 and 413, Revenue and 5. Give concise explanations concerning unsettled rate p o-E;rpenses from utility Plant leased to Others, in another utility coedings where a contingency exists such that refunds of a column (1, k, m, o) in a similar manner to a utility department. material amount may need to be made to the utility's customers Spread the amount (s) over lines 01 thru 20 as appropriate. In- or which may result in a material refund to the utikty with clude these amounts in columns (c) and (d) totals. respect to power or gas purchases. State for each year affected

2. Report amounts in account 414, Other utility Operating the gross revenues or costs to which the contingency relates Income, in the same manner as accounts 412 and 413 above. and the tax effects together with an explanation of the major

3. Report data for lines 7,9. and 10 for Natural Gas com- factors which affect the rights of the utihty to retain such panies using accounts 404.1, 404.2, 404.3, 407.1, and revenues or recover amounts paid with respect to power and 407.2. gas purchases.

4. Use page 122 forimportant notes regarding the statement 6. Give concise explanations concerning significant of income or any account thereof, amounts of any refunds made or received during the year Une TOTAL No.

Account Page Current Year Previous Year (e) (b) (c) (d) 1 UTILITY OPERATING INCOME 2 Operating Revenues (400) 190,698,536 135,426,054 3 Operating Expenses 4 Operation Expenses (401) 129.653.288 75,678,476 5 Maintenance Expenses (402) si si4 M6 50,625,435 6 Depreciation Expense (403) 559.575 477,000 7 Amort. & Depl. of Utihty Plant (404-405) 5.340 4,900 8 Amort. of Utihty Plant Acq. Adj. (406) 9 Amort. of Property Losses Unrecovered Plant and Regulatory Study Costs (407) 10 Amort. of Conversion Expenses (407) 11 Taxes Other Than income Taxes (408.1) 262-263 3.30 .747 2,055,943 12 income Taxes - Federal (409.1) 262-263 93,797 (1.393.487) 13 - Other (409.1) 262-263 21.924 48,770 14 Provision for Deferred inc. Taxes (410.1) 234.272-277 1,857,754 7.964.708 15 (Less) Provision for Deferred incon.e Taxes-Cr. (411.1) g u_979_977 16 Investment Tax Credit Adj. - Net (411.4) ?AA_?A7 (57.275) (2,723) 17 (Less) Gains from Disp. of Utihty Plant (411.6) 18 Losses from Disp. of Utahty Plant (411.7) 19 TOTAL Utahty Operating Expenses (Enter Total af lines 4 thru 18) 186.582sI66 130,839,352 20 Net Utihty Operating income (Enter Total of line 2 less 19) (Carry forward to page 117, line 2f) 4,116,370 4,586,702 See Notes to Financial Statements beginning on page 122.

O FERC FORM NO.1 (REVISED 12-84) Page 114

Name of Respondent This Report is: Dit3 cf Report Year cf Report (1) O An Original Wo, De, W NORTIIEAST NUCLEAR ENERGY COMPANY (2) O A Resubmission Dec. 31,19_8_6 O

t

%.)

STATEMENT OF INCOME FOR THE YEAR (Continued) resulting from settlement of any rate proceeding affecting allocations and apportionments from those used in the pre-revenues received or costs incurred for power or gas purchases, ceding year. Also give the approximate dollar effect of such and a summary of the adjustments made to balance sheet, changes.

Income, and expense accounts. 9. Explain in a footnote if the previous year's figures are j

7. If any notes appearing in the report to stockholders different from that reported in prior reports. '

are applicable to this Statement of income, such notes may be 10. If the columns are insufficient for reporting addi-attached at page 122. tional utility departments, supply the appropriate account titles,

8. Enter on page 122 a concise explanation of only lines 1 to 19, and report the information in the blank space on those changes in accounting methods made dunng the year page 122 or in a supplemental statement.

which had an effect on not income, including the basis of ,

ELECTRIC UTILITY GAS UTILITY OTHER UTILITY Current Year Prevous Year Current Year Prevous Year Current Year Previous Year (e) (r) (g) (h) (i) (J) 1 2

3 4

5 6

7 Same as Same as 8 9

10

('s Colunn Column d (c) (d) 11 12 13 14 15 16 17 18 19 20 i O FERC FORM NO.1 (REVISED 12 84) Page 115

Neme of Respondent This Report is: Dit) cf Report Year cf Report NORTilEAST NUCLEAR (1) 00 An Original Wo, Os, YO ENERGY COMPANY (2) O A Resubmission Dec. 31,19_8 6 STATEMENT OF INCOME FOR THE YEAR (Continued)

OTHER UTIUTY OTHER UTIUTY OTHER UTluTY Current Year Previous Year Current Year Previous Year Current Year Previous Year (k) g) (m) (n) to) (p) 1 2

3 4

5 6

7 8 NONE 9

10 11 12 13 14 15 16 17 18 19 20 0

0 FERC FORM NO.1 (REVISED 12 81) Page 116

Name of Respondent This Report is: D:t3 cf Report Year of Report NORTilEAST NUCLEAR (1) [3 An Original W3, Da, W ENERGY COMPANY (2) O A Resubmission Dec. 31,19 8_6 ,

STATEMENT OF INCOME FOR THE YEAR (Continued) j

(

TOTAL e Line Account Na 9e Current Year Previous Year (a> m m x 21 Net Utility Operating income (Carried forward from page f f 4) - 4.I16.370 4.586.702 22 Other income and Deductions 23 Other income 24 Nonutility Operating income 25 Revenues From Merenandising. Jobbing and Contract Work (415) 26 (Less) Costs and Exp. of Merchandising. Job. & Contract Work (416) 27 Revenues From Nonutility Operations (417) 28 (Less) Expenses of Nonutility Operations (417.1) 29 Nonoperating Rental income (418) -

30 Equity in Earnings of Subsidiary Companies (418.1) 31 Interest and Dividend income (419) 72.743 3,784' 32 Allowance for Other Funds Used During Construction (419.1) 1.764 4.714 33 Miscellaneous Nonoperating income (421) 34 Gain on Disposition of Property (421.1) 35 TOTAL Other income (Enter Total of knes 25 thru 34) 74,507 8,498 36 Other income Deductions 37 Loss on Disposition of Property (421.2) 38 Miscellaneous Amortization (425) 340 39 Miscellaneous income Deductions (426.1426.5) 340 7mn sol 18,997 40 TOTAL Other income Deductions (Total of hnes 37 thru 39) 200.503 18,997 41 Taxes Applic. to Other income and Deductions 42 Taxes Other Than income Taxes (408 2) 262-263 h

D 43 44 Income Taxes-Federal (409 2)

Income Taxes--Other (409 2) 767-761 262-263 45 Provision for Deferred inc. Taxes (410 2) 234.272 277 46 (less) Provision for Deferred fncome Taxes-Cr. (411.2) 234.272L77 47 investment Tax Credit Adj -Net (411.5) 48 (Less) Investment Tax Credits (420) 49 TOTAL Taxes on Other income and Deduct. (Total of 42 thru 48) 50 Net Other income and Deductions (Enter Total of hnes 35, 40, 49) (125,996) (10.499) 51 imerest Charges 52 Interest on Long-Term Debt (427) 34.625 998,246 53 Amort. of Debt Disc. and Expense (428) 256-257 54 Amortization of Loss on Reacquired Debt (428.1) 756-757 55 (Less) Amort of Premium on Debt-Credit (429) 256-257 56 (Less) Amortization of Gain on Reacquired Debt-Credit (429.1) 256-257 57 Interest on Debt to Assoc. Companies (430) 340 351.060 3.598 58 Other interest Expense (431) 1&n j'nqR_47n 1.476.693 59 (Less) Allowince for Borrowed Funds Used During Construction-Cr. (432) All576 457,772 60 Net interest Charges (Enter Total of knes 52 thru 59) 1.441.081 2.020.765 61 Income Before Extraordinary items (Total of hnes 2f, 50 and 60) 2.549.293 2.555.438 62 Extraordinary items 63 Extraordinary income (434) 64 (less) Extraordinary Deductions (435) 65 Net Estraordinary items (Enter Total of line 63 less kne 64) 66 income Taxes-Federal and Other (409 3) 2$.1163 67 Extraordinary items After Taxes (Enter Total of line 65 less line 66) 2,549,293 2,555,438 68 Net income (Enter Total of hnes 6f and 67)

FERC FORM NO.1 (REVISED.12 84) Page 117

Name of R:spondent This RIport is: D:ta of Report Ycar of Rrport NORTilEAST NUCLEAR (1) 00 An Original Wo,De,Yr)

ENERGY COMPANY (2) O A Resubmission Dec. 31,19_8 6 STATEMENT OF RETAINED EARNINGS FOR THE YEAR

1. Report all changes in appropriated retained earnings, 5. Show dividends for each class and series of capital unappropriated retained earnings, and unappropriated un- stock.

distributed subsidiary earnings for the year. 6. Show separately the state and federal income tax effect

2. Each credit and debit during the year should be identified of items shown in account 439, Adfustments to Retained Eam-ts to the retained earnings account in which recorded (Accounts Ings.

433, 436 439 inclusive). Show the contra primary account 7. Explain in a footnote the basis for determining the amount r,ffected in column (b). reserved or appropriated. If such reservation or appropnation

3. State the purpose and amount for each reservation or is to be recurrent, state the number and annual amounts to be appropriation of retained earnings. reserved or appropriated as well as the teals eventually to be

4. List first account 439, Ad/ustments to Retained Eamings, accumulated.

reflecting adjustments to the opening balance of retained 8. If any notes appearing in the report to stockholders are earnings. Follow by credit, then debrt items, in that order. applicable to this statement, attach them at page 122.

Contra un, Primary U'm Account Arnount No. .

Affected Is) (b) (c)

UNAPPROPRIATED RETAINED EARNINGS (Account 216) 1 Balance - Beginning of Year 93.522 2 Changes (Identity by presenbod retained eamonas accounts) 3 Adjustments to Retained Earnings (Account 439) 4 Credit:

5 Credit:

6 Credit:

7 Credit:

8 Credit:

9 TOTAL Credits to Ret 1tned Earnings (Acct. 439) (Total of lines 4 thru 8) -

10 Debit:

11 Debit:

12 Debit:

13 Debit:

14 Debit:

15 TOTAL Debits to Retained Earnings (Acet. 439) (Total of Isnes 10 thru 14) -

16 Balance Transferred from income (Account 433 tess Account 418.1) 2.549.293 17 Appropnations of Retained Earnings (Account 436) 10 19 20 21 22 TOTAL Appropriations of Retained Earnings (Acet. 436)(Total of lines 18 thru 21) -

23 Dividends Declared - Preferred Stock (Account 437) 24 2S 26 27 28 29 TOTAL Dividends Declared - Preferred Stock (Acet. 437)(Total of lines 24 thru 29) -

30 Dividends Declared - Common Stock (Account 438) 31 32 1,500 shares - S 986.98_ per Share 238 1.480.470 33 34 35 3G TOTAL Dividends Declared - Common Stock (Acct. 438)(Total of lines 37 thru 35) I.4H0.470 37 Transfers from Acet. 216.1, Unappropriated Undistnbuted Subsidiary Earnings -

38 Dalanco - End of Year (Total of lines Of, 09, f 5,16, 22, 29, 36 and 37) I , l 6 / .14 8 FERC FORM NO,1 (REVISED 12 81) Page 118

Dete of Report o[ Report Nome of Respondent This Report h:

(Mo, De, Yr)

NORTl! EAST NUCLEAR (1) E} An OrWnel Dec.31,19_0_h ENERGY COMPANY (2) O A Reshnission STATEMENT OF RETAINED EARNINGS FOR THE YEAR (Continued) p hem Amount Une No. I*l (bl APPROPRIATED RETAINED EARNINGS (Account 215)

State balance and purpose of each appropriated retained earnings amount at end of year and give accounting entries for any applications of appropriated retained earnings during the year, 39 40 41 42 43 44 -

45 TOTAL Appropriated Retained Earnings (Account 215)

APPROPRIATED RETAINED EARNINGS AMORilZATION RESERVE, FEDERAL (Account 215.1)

State below the total amount set aside through appropriations of retained earnings, as of the end of the year, in compliance with the provisions of Federally granted hydroelectric project licenses held by the respondent if any reductions or changes other than the normal annual credits hereto have been made dur-ing the year, explain such items in a footnote.

46 TOTAL Appropriated Retained Earnings Amortization Reserve, Federal (Account 215.1) -

47 TOTAL Appropriated Retained Earnings (Accounts 215, 215.1)

TOTAL Retained Earnings (Account 215.215.1, 216) 1.162.14s 48 UNAPPROPRIATED UNDISTRIBUTED SUBSIDIARY EARNINGS (Ace it 216.1) 49 Balance - Beginning of Year (Debit or Credit) 50 EoLity in Earnings for Year (Credit) (Account 418.1) 51 (lessi Dividends Received (Debit) 52 Other Changes (Explain) -

53 Balance - End of Year See Notes to Financial Statements beginning on page 122.

Page 119 FERC FORM NO.1 (REVISED 12 81)

femme of Respondent This Report is: Dete of Report Year of Repers NORTilEAST NUCLEAR (1 @ AaOr W (teo, De, Yr)

ENERGY COMPANY f2) O A R aum m ca oec. 31, t o.86 STATEMENT OF CHANGES IN FINANCIAL POSITION

1. This statement is not restricted to those items which are 4. Codes Used:

noncurrent in nature, it is intended that this statement be flexible (a) Such as net increase-decrease in working capital, etc.,

enough in nature so that latituda can be given, under the classifi- other than changes in short term investments shown as cation of "Other," to allow for disclosure of all significant item 4(e).

changes and transactions, whether they are within or without the (b) Bonds, debentures and other long-term debt.

current aseet and liability groups. (c) Not proceeds or payments.

2. If the notes to the funds statement in the respondent's an- (d) Include commercial paper.

nual report to stockholders are applicable in every respect to this (e) identify separately such items as investments, fixed statement, such notes should be attached to page 122. assets, intangibles, etc.

3. Under "Other" specify significant amounts and group 5. Enter on page 122 clarifications and explanations. '

others.

Line SOURCES OF FUNDS (See kistructrons for emplanation of codes) Amounts No, fel Ibl 1 Funds f rom Operations 2 Net income 2,549,293 3 Principal Non-Cash Charges (Credits) to income 4 Depreciation and Deptetion 615.381 5 Amortiration of (Specifyl O Provision for Deferred or Future income Taxes (Net) 2.964.708 1 investment Tax Cre< tit Adiustments (57,275) 8 (Lesh Allowance for Other Funds Used During Construction 1.764 9 OtherlNet) 10 M19cellaneous 92.126 11 12 13 14 ll 11 TOTAL Funds f rom Operations (Enter Total of lines 2 thre 16/ 6,162,469 9

1H Funds from Outside Sources (New Money) 19 Long Term Debt (b) (c) 15.000.000 70 Preferred Stock (c) 21 Common Stock (c) 22 Net increate in Short. Term Debt (d) 23 01her (Nat) _

21 Increano in Oblinations Under Cant en1 f.cnnen 6.185.623 75 70 27 28 29 30 3I TOTAL Funds from Outside Sources (Enter Totaloflines 19 thru 30) 21, I H 5,621 32 Sale of Non Current Assets (e) 33 34 Contributions f rom Associated ar41 Subsidiary Companies 35 Other (Net) (a) 36 Miscellaneous 7.559.101 Ul 40 41 43 43 TOTAL Sources of Funds (Enter Tors / of //nes 17,31,32 thru 42) 34.907.193 FERC FORM NO.1 (REVISED 12 83) Page 120

Nome af Reependent This Report 1s: Dete cf Report Year &f Report NORTilEAST NUCLEAR ti) 3 An One.nei tuo, De, yr)

ENERGY COMPANY (2) O A Resutmmon Dec. 31,1936 ST ATEMENT OF CHANGES IN FIN ANCI AL POSITION (Continued)

Line APPLICATION OF FUNOS Amounts No. fel ' (b) 44 Construction and Plant Expenditures (including Land) 45 Gross Additions to Utility Plant (Less Nuclear Fuel) 8.071,718 48 Gross Additions to Nuclear Fuel 41 Gross Additions to Common Utility Plant T Gross Additions to Nonutility Plant 49 (Less) Allowance for Other Funds Used During Construction 1.764 50 Other TOTAL Applications to Construction and Plant Expenditures (including Land) g 8.069_q54 (Enter Total oflines (45 thru 50) 52 Dividends on Preferred Stock 53 Dividends on Common Stock 1_480_470 54 Funds for Hetirement of Securities and Short. Term Debt 55 Long term Debt (b) (c) 56 Preferred Stock (c) 57 Redemption of Capital Stock 58 Net Decrease in Short term Debt (d) 7g_ggg_gng 59 Other (Net) 60 61 67 63 64 65 66 Purchase of Other Non-Current Assets (e) b v 67 s,

lY investments in and Advances to Associated and Subsidiary Companies

/0 Other (Net) (a):

II Increase in Workine ('nnten1 (Pyr Itid ine Rhnve Tnem Dohei 4.856.769 12 73 14 15 ,

1G 11 TOT AL Applications of Funds (Enter Total of line: 5 7 thru ///, 34,907,193

/8 i

i See Notes to Financial Statements beginning on page 122.

1 I

i O l

FERC FORM NO.1 (REVISED 12-83) Page 121

Nerne cf Respondent Tha Report is: Date s.f Leport Yeer sf Report NORTilEAST NUCLEAR ENERGY IO CDAn Ongenal (Mo,De,Yr)

COMPANY (2) O A neout>rnission osc.31,ts&6_

NOTES TO FINANCIAL STATEMENTS

1. Use the space below for important notes regarding the plan of disposition contemplated, giving references to Commis-Balance Sheet, Statement of income for the year, Statement of sion orders or other authorizations respecting classification of R;tained Earnings for the year, and Statement of Changes in amounts as plant adjustments and requirements as to disposition Financial Position, or any account theree'. Classify the notes ac- thereof.

cording to each basic statement, providing a subheading for each 4. Where Accounts 189, Unamortized Loss on Reacquired statement except where a note is applicable to more than one Debt, and 257, Unamortized Gain on Reacquired Debt, are not statement. used, give an explanation, providing the rate treatment given

2. Furnish partsculars (details) as to any significant contingent these items. See General Instruction 17 of the Uniform Systems assets or liabilities existing at end of year, including a brief ex. of Accounts.

p'anation of any action initiated by the Internal Revenue Service 5. Give a concise explanation of any retained earnings restric-involving possible assessment of additional income taxes of tions and state the amount of retained earnings affected by such material amount, or of a claim for refund of income taxes of a restrictions.

material amount initiated by the utility. Give also a brief explana- 6. If the notes to financial statements relating to the respon-tion of any dividends in arrears on cumulative preferred stock. dent company appearing in the annual report to the stockholders

3. For Account 116, Utdity Plant Adustments,

/ explain the are applicable and furnish the data required by instructions above ongen of such amount, debits and credits during the year, and and on pages 114 121, such notes may be attached hereto.

See Notes to 1inancial Statements beginning on page 123A O

O FERC l'Oluf NO.1 (IRVISI D I 2-811 Pago 122

Name of Respondent This Report is: Date of Report Year of Report (1) E An Original @, h, YO NORTHEAST NUCLEAR ENERGY COMPANY Dec.31,19_@ 8 (2) O A Resubmission O ~o'== ' o ~^~c'a' s'a'===~'s <c ' >

O V

f i

O Page 123 Next page is 200 FERC FORM NO.1 (REVISED 1241) i

NORTHEAST NUCLEAR ENERGY COMPANY Notes to Financial Statements

1.

SUMMARY

OF SIGNIFICANT ACCOUNTING POLICIES Ceneral: Northeast Nuclear Energy Company (the Company) is a wholly owned subsidiary of Northeast Utilities (NU). The Connecticut Light and Power Company (CL6P), Western Massachusetts Electric Company (WMECO) and Holyoke Water Power Company are operating subsidiaries comprising the Northeast Utilities System (the system) and are wholly owned by NU. The Company acts as agent in constructing and operating the two nuclear generating f acilities that are wholly owned by CL&P and WMECO. The cost of the two nuclear units is recorded on the books of the af filiated utility companies in their proportionate ownership shares. In addition, the Company acts as agent in constructing and operating a third nuclear generating unit for CL&P, WMECO and other nonaffiliated utilities (associate participants). This third unit Millstone 3, went into service on April 23, 1986. The cost of Millstone 3 is recorded on the books of CL&P, WMECO and the associate participants based upon their proportionate ownership shares.

Other wholly owned subsidiaries of NU provide substantial support services to the system. Northeast Utilities Service Company supplies centralized accounting, administrative, data processing, engineering, financial, legal, operational, planning, purchasing and other services to the system companies. NU also has two subsidiary realty companies, The g

Rocky River Realty Company and The Quinnehtuk Company.

All transactions among affiliated companies are on a recovery of cost basis which may include amounts representing a return on equity, and are subject to approval of various f ederal and state regulatory agencies.

Public Utility Regulation: NU is registered with the Securities and Exchange Commission as a holding company under the Public Utility Holding Company Act of 1935 (the 1935 Act), and it and its subsidiarien, including the Conpany, are subject to the provisions of the 1935 Act.

The Company is subject to further regulation by the Federal Energy Regulatory Commission (FERC) and follows the accounting policies prescribed by the FERC.

Revenues: The Company provides services to the affiliated utility companien on the basin of recovery of cost plun return on capital, as defined under the terms of agreements which have been approved by various federal and state regulatory commissions having jurisdiction over operations of the Company and the af filiated t.tility companies.

O 123A

NORTHEAST NUCI. EAR ENERGY COMPANY Notes to Financial Statements (Continued)

The provision for depreciation is calculated using the Q Depreciation:

straight-line method based on estimated remaining useful lives of depreciable utility plant in service, adjusted for net salvage value and removal costs. Except for major facilities, depreciation factors are applied to the average plant in service during the period. Major facilities are depreciated from the time they are placed in service.

When plant is retired f rom service, the original cost of plant, including costs of removal. less salvnge, is charged to the accumulated provision for depreciation. The comp, site depreciation rate was 5.1 percent in 1986.

Allowance for Funds Used During Construction (AFUDC): AFUDC, a ncncash item, represents the estimated cost of capital funds used to finance the These costs, are one component of the Company's construction program.

total capitalized cost of construction. AFUDC is recovered over the service life of plant in the form of increased revenue collected as a result of higher depreciation expense.

The effective AFUDC rate for 1986 was 4.4 percent. This rate is calculated using the net-of-income tax method and in accordance with FERC guidelines.

Income Taxes _:

The tax effect of timing differences (differences between the periods in which transactions affect income in the financial statements and the periods in which they affect the determination of income subject to tax) is accounted for in accordance with the ratemaking treatment of the applicable regulatory commissions.

O Retirement plant The Company participates in the Northeast Utilities Service Company Retirement Plan (the Plan). The Plan, which covers all regular system employees, is noncontributory.

The system's policy is to fund annually the actuarially determined contribution, which includes that year's normal cost, the amortization of prior years' actuarial gains or losses over 15 years, and the amortization of prior service cost over a period of 40 years. The Company's allocated portion of the system's pension cost, part of which was charged to utility plant, approximated

$2.5 million in 1986.

The actuarial present value of accumulated plan benefits and plan not assets available for benefits for the Plan at January 1,1986 are presented belows (Thousands of Dollars)

Benefits: $377,090 Vested...................... 47,546 Nonvested................... $424,636 Not assets available $606,430 for benefits................

O 123B

7 NORTIIEAST NUCLEAR ENERGY COMPANY Notes to Financial Statements (Continued)

The assumed rate of return used to determine the actuarial present h value of accumulated plan benefits was 7.5 percent for 1986 In December 1985, the Financial Accounting Standards Board issued Statement of Financial Accounting Standards No. 87 (SFAS 81) entitled

" Employers' Accounting for Pensions." SFAS 87 supercedes previnus pension accounting standards and will be effective in 1987. This statement prescribes a standardized method for measuring pension costs and expanded footnote disclosures. Any change in pension expense will be charged back to CL&P, WMECO and the associate participants based upon the terms of contractual agreements made with the Company.

In addition to pension benefits, the Company provides certain health care and life insurance benefits to eligible retired employees.

The cost of providing those benefits was not material in 1986. The Company recognizes health care benefits primarily as incurred and provides for life insurance benefits through premiums paid to an insurance company.

2. Sit 0RT-TERM DEBT The Company has access to joint bank credit lines totaling

$48 million. Amounts utilized by other system companies under these joint credit lines will reduce the amount available to the Company.

Terms call for interent rates not to exceed the prime rate during the horrowing term. Although these lines generally are renewable, the continuing availability of the unused lines of credit is subject to g review by the banks involved. Compensating balances for the system W companies are maintained in connection with these bank credit lines which, at December 31, 1986, amounted to $2.4 million. At December 31, 1986, the amount of unused available borrowing capacity under the credit lines available to the system companies was $35.5 million.

3. LEASES The Company has entered into lease agreements with two unaffiliated third parties for the use of nuclear control room simulators (simulators) for Millstone 1 and 2, and the system's share of the Hillstone 3 simulator. These leases are accounted for as orpital leases, in addition, the Company's affiliates have entered into lease agreements for the une of data processing equipment, of fice equipment, vehicles and office space. The Company in billed for its proportionate share of these leases through the intercompany billing system. The provisionn of these lease agreements generally provide for renewal options.

Rental payments charged to operating expenses amounted to approximately $4,451,000 for capital leases and $5,282,000 for operating leases in 1986 Interest included in capital lense rental payments was approximately $2,455,000 in 1986 O

123C

NORTHEAST NUCLEAR ENERGY COMPANY Notes to Financial Statements (Continued)

/~~N Future minimum rental payments, excluding executory costs such as i

() property taxes, state use taxes, insurance and maintenance, under long-term noncancelable leases as of December 31, 1986 are ,

approximately:

Capital Operating Year f.enses Leases (Thousands of Dollars) 1987.............................. $ 4,000 $ 4,000 1988.............................. 4,000 3,000 1989.............................. 4,000 1,000 1990.............................. 4,000 1,000 1991.............................. 4,000 1,000 After 1991........................ 39,000 8,000 t Future minimum lease payments. . . . . 59,000 $18,000 B

Less amount representing interest. 28,000 Present value of future minimum lease payments................... $31,000

( 4. COMMITMENTS AND CONTINGENCIES I The construction program is subject to periodic review and revision, I

and actual countruction expenditures may vary from such encimates due to factors such as revised estimates, inflation, revised regulations, delays, the availability and cost of capital, and actions by regulatory O bodies.

l The Company currently forecasts construction program expenditures (including AFUDC) of $2.816,000 for the years 1987-1991, including

$2,016,000 for 1987.

l l

l l

l O

v

! 123D i

i i_.__________._________________________________

r e

Name of Reepondent TNs Report is: Date of Report Year of Report NORTitCAST NUCLEAR (1) K] An Original (W De,Yr)

ENERGY COMPANY (2) O A Resubmission Dec.31,19 5 D

SUMMARY

OF UTILITY PLANT AND ACCUMULATED PROVISIONS FOR DEPRECIATION, AMORTIZATION AND DEPLETION Une hem Total Electre NO.

(a) (b) (ej 1 UTILITY PLANT 2 in Service 3 Plant in Service (Classified) 4 Property Under Capital Leases 30.571.842 30.571.H42 5 Plant Purchased or Sold 6 Completed Construction not Classified 11.674.940 11.679.599 7 Eiiporimental Plant Unclassified 8 TOTAL (Enter Total of lones 3 thru 7) 42.25t.441 42.2st.441 9 Leased to Others 10 Held for Future Use 11 Construction Woric in Progross 3.227.927 1.227.927 .

12 Acquisition Adiustments 13 TOT AL Utility Plant (Enter Totalof hnes 8 thru 12) 45.479.368 45.479.36M 14 Accum Prov. for Depr . Amort., & Dept 1.tH7.s11 1.1 a 7. s 11 15 Not Utility Plant (Enter Total of Irne 73 less 74) &!i 7 0 t n t 7 44.291.H17 DETAIL OF ACCUMULATED PROVISIONS FOR DEPRECIATION, AMORTIZATION AND DEPLETION 16 17 in Service-18 Depreciation I.177.291 1.177.291 19 Amort. and Dept of Producino Natural Oas Land and Land Rights 20 Amort of Underground Storage Land and Land Rights 81 Amort. of Other Utility Plant 22 TOTAL in Service (Enter Total of Anas t8 thru 2f)  ! 17/.29I I.I17.291

,J3 Leased to Others 24 Deproctition 85 Amortitation and Depletion 10.740 10.240 26 TOTAL Leased to Others (Enter Total of nnes 24 and 25) 10.240 10.240 2T Held for Future Use 28 Oepreciat#on 29 Amortitation J0 TOTAL Held for Future Use (Enter Total of hnes 28 and 29) 31 Abandonment of Leases (Natural Gas) 32 Amort of Plant Acquisition Adj TOf AL Accumulated Piovisions (bhould ag'ee wth line 14 above) frnter Tarat of unet 22, 26, 30, a f, and 32) 1.187.511 l'l87*531 33 FERC FORM NO.1 (ED.12 85) Page 200 0

Thb Report lx D:t)cf Report Year of Report Name of Respondent Wo,Da,Yd NORT11 EAST NUCLEAR (1) CD An Original ENERGY COMPANY Dec.31,19J6 (2) O A Resubmission O

SUMMARY

OF UTILITY PLANT AND ACCUMULATED PROVISIONS b FOR DEPRECIATION, AMORTIZATION AND DEPLETION (Continued)

Other (Specify) Common une Other (Specify) Other (Specify)

Gas No.

m to ins tm ten 1

2 3

4 5

NOME 6 7

8 9

10

~

11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 Page 201 FERC FORM NO.1 (ED.12 85)

O

7 Name of Respondent This Report is: Date of Report Year of Report NORTHEAST NUCLEAR (1) @ An Original Wo, Da, Yr)

ENERGY COMPANY (2) O A Resubmission Dec. 31,19_6 8 NUCLEAR FUEL MATERIALS (Accounts 120.1 through 120.6 and 157)

1. Report below the costs incurred for 2. If the nuclear fuel stock is obtained tity on hand, and the costs incurred under nuclear fuel materials in process of under leasing arrangements, attach a such leasing arrangements.

fabncation, on hand, in reactor, and en statement showing the amount of nuclear coohng, owned by the respondent. fuel leased, the quantity used and quan-Changes curing Year L e Description of item anc g

(al (b) (c) t Nuclear Fue4 in process of Refinement, Converson Ennchment & Fabrication (1201) 2 Fabreaton 3 Nuclear Matenals 4 Adowave kar Funds Used du ring Const uction 5 Other Overhead Construction Costs 6 $UBTOT AL E'nrer Totalof knes 2 thru 5) 7 Nuclear Fuel Ma'er als and Assemblies 8 in Stock (12o 2) 9 in Rearfor (120 3) 10 SURTOAL Enter retal of knes 8 and 9) t1 Spent Nuclear Fuel (120 4) 12 Nuclear Fuel Under Capital Leases (120 6) t3 Less Accum Prov for Amortriahon of Nuclear Fuel Assemblies (120.5) 14 TOTAL Nuc' ear Fuel Stock (Enter Total knes 6, t1, and 92 less hne 13) NONE 15 Eshmated not Salvage value of Nuclear M4+enafa en hne 9 to Eshmated not Salvage Value of Nuclear Materials in hne 11 11 Est mated Net Salvage value of Nuclear Mater,afs in Chemical processing 18 Nurfear Matenais held for See (15h

, 19 Oran>um 2n Piutonium 21 Otner 22 Tot.al Nuc' ear Materials hekt for Safe (Enier Ta'al of knes 19 20. and 21)

FERC FORM NO.1 (ED.12 85) Page 202

4

)

This Report is: Date of R peil Year of Report Name of F::;-:-47t (Mo,De,Yd NORTHEAST NUCLEAR (1) 5 An Original Dec. 31,19 86 ENERGY COMPANY (2) C A Resubmission NUCLEAR FUEL MATERIALS (Accounts 120.1 throuch 120.6 and 175)(Continued) -

O ,r t

t

• Changes During Year Otner Reductons Balance Line

• (Explain in a End of Year na Amortizaton rootnote) M J ce m

1 2

31

4i 5

i 6 7

8 9

10 11 12 13 NONE 14 O 16 17 18 19 20 21 22 i

l i

FERC FORM NO.1 (ED.12 85) Page 203 O

1 e

4

- - . . - - . - - - , - . . - , , . , . ~ , , ,

n,,. , ..,,r_,,- - . , - . - - - , . ,a,- , . , . , . ,-n,-- , - . . , - - . . - . - n , , ,, _ , , . , - , . , . . , . - - - . .

N3ne cf Respondent This R: port Is: Dit] of Report Yur of R: port NORTilEAST NUCLEAR (1) ff An Original W , Da, W ENERGY COMPANY (2) O A Resubmission Dec.31,19_86 3 ELECTRIC PLANT IN SERVICE (Accounts 101,102,103, and 106)

1. Report below the oogina' cost of electric plant in service counts, on an estimated basis if necessary, and include the according to the pretcribed accounts. entries in column (c). Also to be included in column (c) are

2. In additon to Account 101. Electne Plant in Service entries for reversals of tentative distr:butions of prior (Classified), this page and the next include Account 102 Elec- year reported in column (b). Likewise, if the respondent has a tric Plant Purchased or Sold; Account 103, Experimental Gas significant arnount of plant retirements the end of the year, in-Pfant Unclassified; and Account 106, Completed Construction clude in column (d) a tentative distnbution W such retirements, twot Classified-Electnc. on an estimated basis, with appropriate contra entry to the ac-3 foclude in coNmn (c) or (d), as appropriate, corrections count for accumulated depreciation provision. Include also in of additons and retirements for the current or preceding year. column (d) reversals of tentative distributions of prior year of

4. Enclose in parerat esos credit adjustments of plant unclassified retirements. Attach supplemental statement accounts to indicate the negative effect of such accounts. showing the account distnbutions of these tentative classi-

5. Classify Account 106 according to prescribed ac- fications in columns (c) and (d), including the reversals Bafance at Account Begmnmg of Year Addrtions (a) (b) (c)

_i 1. INTANGlHLE PLANT 2 (301) Organization 3 (302) Franchises and Consents 4 (303) Miscellaneous Intangible Plant S TOTAL lntangible Plant (Enter Total of lines 2, 3, and 4) See insert paren 6 2. PRODUCTION PLANT 205-207 7 A. Steam Production Plant 8 (310) Land and Land Rights 9 (311) Structures and Improvements 10 (312) Boiler Plant Equipment 11 (313) Engines and Engine Dnven Generators 12 (314) Turbogenerator Units 13 (315) Accessory Electric Equipment 14 (316) Misc. Power Plant Equipment 15 TOTAL Steam Production Plant (Enter Total of lines B teru 74) 16 B. Nuclear Production Plant 17 (320) Land and Land Rights 18 (321) Structures and Improvements 19 (322) Reactor Plant Equipment __

20 (323) Turbogenerator Units 21 (324J Accenorv Electric Equipment 22 (321 Misc. Power Plant Equipment 23 TOfAL Nucmar Production Plant (Enter Total ollutes 17 thru 221 24 C. Hydraulic Productqq Plant 25 (330) Land and Land R'ghts

_26 (331) Structu.es and improvements 27 (332) Reservoirs, Dams, and Waterways 28 (333) Water Wheels, Turbines, and Generators 29 (334) Accessory Electric Equipment 30 (335) Misc. Power Plant Equipment 31 (336) Roads, Railroads, and Bridges 32 TOTAL Hydraulic Production Plant (Enter Total of lines 25 rnru 37) 33 D. Other Production Plant 34 (340) Land and Land Rights 35 (341) Structures and improvements 36 (342) Fuel Holders, Products and Accessones 37 (343) Pnme Movers 38 (344) Generators 39 (345) Accessory Electric Equipment FERC FORM NO.1 (ED.12-85) Page 204 9

. .. _. ._. . . - _ _ - - - _ . . . . . . _ - . _ . . _ -. . m . _ _ ~ m _ ..~._.m. _m. - _ .m_., _

s .,_,.o= _. u _. . . _ .

O 5

NORTHFAST 840CL F AR Et4 CAGY COMPANC ELECTRIC PLANT IN SERVICE (ACCOUNTS 101. 162. 103. AND 166)

ELECTRIC PROPERTv 3 DE CE NDER 31, 1986 1

BALANCE AT DALANCE AT .

END OF YEAR

{ DEGINNING OF YEAR ADDITIONS RFTIREMFNTS AD 1USTHEN TS - TRANSFERS ,

ACCout4T aC) (D) (E) (F) (G)

(F?

j NOMDFR TITLE fNTf,NGIDtE PtANT

] 01 ORGANIZATION '

302 FRANCHISES AND CONSENTS 303 MISCELLANEOUS INT ANGILLE PLANT - l TOTAL INTANGTOLE PtANT PRODUCTIOtJ PLANT STEAM PRODUCTION PL ANT 310 LAND AND LAND RIGHTS 311 STRUCTURES AND IMPROVEMENTS 312 BOILER PLANT EQUIPMENT 313 ENGINES AND ENGINE DRIVEN GENERATORS 314 TURBOGENERATOR UNITS 315 ACCESSORY ELECTRIC EQUIPMENT 316 MISC. POWER PLANT EQUIPMENT ,

g TOTAL' STEAM PRODUCTION PLANT '

w NUCLFAR PRODUCTION PLANT 320 LAND AND LAND RIGHTS 1,204,663 10,500,023 321 STRUCTURES AND IMPROVEMENTS 9,215,360 322 REACTOR PLANT EQUIPMENT 323 TURBOGENERATOR UNITS 324 ACCESSORY ELECTRIC EQUIPMENT 409,858 1.695,759 (1,205,901) 325 MISC. POWER PLANT EQUIPMENT 10,91[ 1[9 (1,230i 10,909,681 ,

4 TOTAL NUCLEAR PRODUCTION PLANT HYDRAULIC PRODUCTION PLANT 330 LAND AND LAND RIGHTS 331 STRUCTURES AND IMPROVEMENTS 332 RESERVOIRS, DAMS, AND WATERWAYS 333 WATER WHEELS, TURBINES, AND GENERATORS 334 ACCESSORY ELECTRIC EDUIPMENT 335 MISC. POWER PLANT EQUIPMENT 336 ROADS, RAILROADS, AND BRIDGES TOTAL HYDRAULIC PRODUCTION PLANT 4

l 1

NORTHFAST NUCLFAR FNCRGV COMPANY ELEC'sRIC PLANT If4 SERVICE (ACCOUNTS 101 102. 1M. AND 166)

ELECTR]L PROFFRTY DELEMBER 31 1996 BALANCE AT BALANCE AT ACCOUNT OEGINNING OF VFAR ADDITIONS RETIRFMFNTS ADJUSTMFNTS TRANSFERS END OF YEAR NUMBER TITLE (D) (C) (D) (E) (F) (G)

OTHFR PRODUCTTON PLANT 340 LAND AND LAND RIGHTS 34I STRUCTURES AND IMPROVEMENTG 342 FUEL HOLDERS. PRODUCTD.AND ACCESSORIES 343 PRIME MOVERS 344 GENERATORS 345 ACCESGORY CLECTRIC EQUIFMENT 346 MISC. POWER FLANT EQUIPMENT

~ ~ ~ ~ ~~~~ ~ ~

TOTAL OTHER Pr<ODUCT ION PLANT TOTAL PRODUCTION PLANT 10.911,119 (1,238) 10,909.801

~~~~~ ~~ ~~~ ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ ~~~~~~~~~

TRAfGMISSION PLANT 350 LAND AND LAND RIGHTS 352 STRUCTURES AND IMPROVEMENTS 353 STATION EQUIPMENT 354 TOWERS AND FIXTURES U 355 POLES AND FIXTURES

• 356 OVERHEAD CONDUCTORS AND DEVICES 357 UNDERGROUND CONDUIT 358 UNDERGROUND CONDUCTORS AND DEVICES 359 ROADS AND TRAILS

~~~~ ~ ~~~~~~~~~~~~~~~~~~~~ ~~~~~~~~~ ~~~

TOTAL TRANSMISSION PLANT DISTRIDUTION P(ANT 360 LAND AND LAND RIGHTS 361 STRUCTURES AND IMPROVEMENTS 362 STATION EQUIPMENT 363 STORAGE DATTERY EOUIPMENT 364 POLES, TOWERS, AND FIXTURES 365 OVERHEAD CONDUCTORS AND DEVICES 366 UNDERGROUND CONDUIT 367 UNDERGROUND CONDUCTORS AND DEVICES 368 LINE TRANSFORMERS 369 SERVICES 370 METERS 371 INSTALLATIONS ON CUSTOMER FREMISES 372 LEASED PROPERTY ON CUSTOMER PREMISES 373 STREET LIGHTING AND SIGNAL SYSTEMS

~~~~~~~~ ~~~~~~~~~~~~~~~~~~~~~

TOTAL DISTRIBUTION PL ANT O O O

NORTHFAST NUCLEAR FNFPGY COMPANY ELFCTRIC PLANT IN GERVICE (ACCOUNTS 101. 107, 103. AND 10A)

ELE (;1H I C IHOPE RT Y DECE MBE R A1. 1986 DALANCE AT DALANCE AT BEGINNING OF VFAR ADDITIONS RETTRFMENTS ADJUSTMENTS TRAN9FFRS END OF YF AR ACCOut4T (F) (G)

(b) (C) (D) (E)

NUMBER TITtF GENERAL PLANT 389 LAND AND LAND RIGHTS 390 STRUCTURES AND IMPROVEMENTS 769,718 391 OFFICE FURNITURE AND EDUIPMENT 764,684 5,034 392 TRANSPORTATION EDUIPMENT 393 STORES EQUIPMENT 394 TOOLS, SHOP AND GARAGE EOUIPMENT 395 LABORATORY EQUIPMENT 396 FOWER OPERATED EQUIPMENT 397 COMMUNICATION EQUIPMENT 398 MISCELLANEOUS EQUIPMENT

~ ~

764,684 5,034 769,718 StJBTOTAL 399 OTHER TANGIDLE PROFERTY 764,684 5,034 769,718 T OT Al. GFNERAL PtANT

!!,675,003 3,796 11,679,599 TOTAL ACCOUNTS 101 AND 106

========================================================================

SEE INSERT PAGES 207A-207C FOR DETAILS OF ACCOUNTS DISTRIBUTION OF TENTATIVE CLASSIFICATIONS IN COLUMN (C) AND (D).

m o

3 f 4f A T Hf e,GT IJt JCl F AR FNf fd y COMPANY f r lf H t O ills t'.i slG iht JC T 10N NOT CtJNitrTED ACCT 1UN I 1*s6 - Fl FCTfill FPO6 i PTV 1A LEN14 R 31. 1986 CorJGT RtlC T I ON RE T TRFMrNTs REVLhSAL OF (C) REVERSAL UF (D)

ALLOUNT 12/31/05 12/31/86 NET 12/31/95 12/31/t46 NCT tJ4MDER T ITL E PAL ANCF DAI. ANCF 12/31/06 AMOUNTS E DUNIS 1?/31/R6 PRODIJCTIGN PL ANT S T F(.M PRO'.,I IC T I Or4 PLANT 310 LAND AND LAND RIGHTS 311 STRUCTURES AND IMPROVEMENTS 312 DOILER FLANT EQUIF MENT 313 ENGItJES AND ENGINE DRIVEN GENERATORS 314 TURDOGENERATOR UNITS 315 ACCESSORY ELECTRIC EQUIPMENT 316 MISC. POWER PLANT EOUIPMENT

~ '~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~~~~~ ~~

TOTAL STFAM F'RODllCi TON Pt. ANT NUCLFAR PHODijCTIGN PtANT 320 LAND AND LAND RIGHTS 321 STRUCTURES AND IMPROVEMENTS 49.235,360) 10,500,023 1,284,663 322 RCACTOR PLANT EDUIPMENT

$ 323 TURDOGENERATOR UNITS y 324 ACCESSORY ELECTRIC EQUIPMENT 325 MISC. POWER PLANT EOulFMENT (1,695,759) 409,050 (1,265,901)

~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~

TOTAL NUClCAR PRODUCTION PL ANT ~l[U!k(( ii95~ ~iU[9U5~EUI~ ~ ~~~il$U3Ei HVDPAUtiC PFODs!CTION PLANT 330 LAND AND LAND RIGHTS 331 STRUCTURES AND IMPROVEMENTS 332 RESERVOIRS, DAMS, AND WATERWAYS 333 WATER WHEELS, TURBINES, AND GENERATORS 334 ACCESSORY ELECTRIC EOUIPMENT 335 MISC. POWER FLANT EQUIPMENT 336 ROADS, RAILROADS, AND BRIDGES

~~~~~~~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~~~~ ~ ~~~

TOTAL HYDR At JL I C FRODtICTION PLANT O O O

%,}

J

[m)

\

\ f Q ,'

S I

NORTHEAST t40CLE AR FNFRGY COMTAN (

ACLUUNI I ne, - ELtC1NIC PROPERVy DLCLMDER 31. 1986 cot 49TRt JCT ION RFTIREMENTS (C) REVERSAL OF (D)

REVERSAL OF NET 12/31/Ob 12/31/86 NET 12/31/85 12/31/06 ACCOUNT 12/31/86 AMOUNTS AMOUNTS 12/31/Sa Nf jMf4FR TITLE PN.ANCF F4AL ANCE OTHFR PROD 8 JCTION PL ANT 340 L6ND AND LAND h16H N 341 STRUCTURES AND IMPROVEME.NTS 342 FUEL HOLDERS, PRODUCTS,AND ACCESSORIES 343 F' RIME MOVERS 344 GENERATORS 345 ACCESSORY ELECTRIC EQUIPMENT 346 MISC. POWER PLANT EQUIPMENT TOTAL OTHFR PRODUCTION PtANT (10,911,119) 10,909,081 (1,238)

TOTAL PRODUCT!ON PLANT -

~~~~~

TRANSMISSION PLANT 350 LAND AND LAND RIGHTS 352 STRUCTURCS AND IMPROVEMENTS y 353 STATION EQUIPMENT o 354 TOWERS AND FIXTURES 88 355 POLES AND FIXTURES 356 OVERHEAD CONDUCTORS AND DEVICES 357 UNDERGROUND CONDUIT 358 UNDERGROUND CONDUCTORS AND DEVICES 359 ROADS AND TRAILS TOTAL TRANSMISSION PtANT DISTRIDUTION PLANT 360 LAND 6ND LAND RIGHTS 361 STRUCTURES AND IMPROVEMENTS 362 STATION EQUIPMENT 363 STORAGE DATTERY EQUIPMENT 364 POLES, TOWERS, AND FIXTURES 365 OVERHEAD CONDUCTORS AND DEVICES 366 UNDERGROUND CONDUIT 367 UNDERGROUND CONDUCTORS AND DEVICES 368 LINE TRANSFORMERS 369 SERVICES 370 METERS 371 INSTALLATIONS ON CUSTOMER FREMISES 372 LEASED PROPERTY ON CUSTOMER PREMISES 373 STREET LIGHTING AND SIGNAL SYSTEMS TOTAL DISTRIDUTION PLANT 4

NORTHFAST NUCL?AR FNFRGY COMPANY COMPLETED CONSTfiJCTIOtJ NOT CL ASSIFIF D ACC(HH41 1866 - t li C I H ir Fh( JPi RT Y DECEMitER 31. I 'v86 CONSTRllCTION EETIREMFNTS REVERSAL OF (C) hEVERSAL OF (D)

ACCOUNT 12/31/85 12/31/06 NET 12/31/85 12/31/86 NET NIIMDER TITlF BAL At4CE BALANCE 12/31/06 (4MOl1N T S (,MOllN TS 12/31/06 CFNFRAL PtANT 309 LAND AND LAND RIGHTS 390 STRUCTURES AND IMPROVEMENTS 391 OFFICE FURNITURE AND EQUIPMENT (764.604) 769,710 5,034 w 392 TRANSPORTATION EQUIPMENT 8

393 STORES EQUIPMEMT 394 TOOLS, SHOP AND GARAGE EOUIPMENT 395 LABORATORY EQUIPMENT 396 POWER OPERATED EQUIPMENT 397 COMMUNICATION EQUIPMENT 393 MISCELLANEOUS EOUIPMENT

'~~~5,b5i~

~~~~~~~~~~~

StfDTOTAL ~~~~~l36d5604) 769,318 399 OTHER TANGIDLE PROFERTY

~~~

TOTAL GFNFPAL PLANT (764,6bk) ~~369, iib ~ ~ ~~5$b3k~

~

TOTAL ACCOUNT LOA (11,675,803) 11,679,599 3,796

==================================== ==============================...-

0 0 0

t Name of Respondent This Report is: Dits of Report Y4u cf Report (1) 10 An Original Wo, Da, W

~;

NORTHEAST NUCLEAR ENERGY COMPANY (2) O A Resubmission Dec.31,1985 ELECTRIC PLANT LEASED TO OTHERS (Account 104)

1. Report below the information called for concerning elec- 2. In column (c) give the date of Commission authorization tric plant leased to others. of the lease of electric.

Name of Lessee Commission Expiration Line (Designate associated companss Description of Author- Date of Balance at No. with an estensk) Property Leased izaton Lease End of Year (a) (b) (c) (d) 1 2 NONE 3

4 5

6 7

8 -

9

- 10 11 12 13 14 15 16 17 18 19 20 0 2' 22 23 24 25

, 26 27 I 28 29 30 l 31 32 33 34 j 35 36 37 l 38 39 40 41 42 43 44 45 j 46 47 TOTAL O FERC FORM NO.1 (ED.12-85) Page 213

m Name of Respondent This Report is: D!t; of R: port Yca' of Report NORTHEAST NUCLEAR (1) 5D An Original (Mo, Da, Yr)

ENERGY COMPANY Dec. 31,1986 (2) O A Resubmission ELECTRIC PLANf HELD FOR FUTURE USE (Account 105)

1. Report separately each property held for future use at end 2. For property having an original cost of $250,000 or more of the year having an original cost of $?50,000 or more. Group previously used in utility operations, now held for future use, other items of property held for future use. give in column (a), in addition to other required information, the date that utility use of such property was discontinued, and the date the original cost was transferred to Account 105.

Date Originally Date Expected Balance at Une Desenption and Location included in to be Used in End of No. of Property This Account Utility Service Year (a) (b) (c) (d) 1 Land and Land Rights:

2 NONE 3

4 5

6 7

8 9

10 11 12 13 14 15 16 17 18 19 20 Other Property:

21 NONE 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 TOTAL FERC FORM NO.1 (ED.12-85) Page 214

Name of Respondent This Report is: Dita of R port Yair cf Report (1) 60 An Original Wo, Da, Yd NORTHEAST NUCLEAR ENERGY COMPANY (2) O A Resubmission Dec.31,19_B6 -

CONSTRUCTION WORK IN PROGRESS-ELECTRIC (Account 107)

1. Report below descriptions and balances at end of year Development, and Demonstration (see Account 107 of the of projects in process of construction (107). Uniform System of Accounts).

2. Show items relating to "research, development, and 3. Minor prolects(5% of the Balance End of *he Year for Ac.

demonstration" projects last, under a caption Research. count 107 or $100,000, whichever is less) may be grouped.

Construction Work EstsatM

"* in ogress

^

Description of Project 10 C- C of (a) (b) (c) f Simulator Technical Training Equipment $ 2,416,793 3

Construction Tool and Equipment 160,234 4 MP3 Simulator Leasehold Improvement 282,577 5 Nuclear Production (18 Items) 368.323 6

7 8

9 10 11 12 13 14 15 O 3 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42

$ 3,227,927 43 TOTAL FERC FORM NO.1 (ED.12-85) Page 216

Ntrne of Respondent This Report is: D t3 of R: port YI;r cf R: port

-NORTilEAST NUCLEAR (1) 10 An Original (Mo, Oa, Yr)

ENERGY COMPANY (2) O A Resubmission Dec. 31,19.86 CONSTRUCTION OVERHEADS-ELECTRIC

1. List in column (a) the kinds of overheads according to the titles accounting procedures employed and the amounts of engineenng, used by the respondent. Charges for outside professional services for engineenng fees and management or supervision fees capstahzed should supervision and administrative costs, etc., which are directly charged to construction.

b3 shown as separate items 4. Enter on this page engineering, supervision, administrative, and

2. On page 218 furnish informaton concerning constructoi overheads. allowance for funds used during construction, etc. which are first 3 A respondent should not report "none" to this page if no overhead assigned to a blanket work order and then prorated to constructen apportionments are made, but rather should explain on page 218 the jobs.

Lina Description of Overhead "

No *far for the Year (a) (b) 1 2 1. Payroll Overheads $1,195.302 3

4

2. Allowance for Funds Used During Construction (Simulator) 45,338 5

6 7

8 9

10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 26 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 TOTAL S1,240,640 FERC FORM NO.1 (ED.12-85) Page 217

This R: port is: Dita of Report Year of Report Name cf Respondent (1) [3 An Original Wo, Da, W NORTHEAST NUCLEAR ENERGY COMPANY Dec. 31,19.86 (2) O A Resubmission GENERAL DESCRIPTION OF CONSTRUCTION OVERHEAD PROCEDURE

1. For each construction overhead explain: (a) the nature and 2. Show below the computation of allowance for funds used extent of work, etc., the overhead charges are intended to cover, during construction rates, in accordance with the provisions of (b) the general procedure for determining the amount capitalized, Electric Plant Instructions 3 (17) of the U.S. of A.

3. Where a net-of-tax rate for borrowed funds is used, show (c) the method of distribution to construction jobs, (d) whether different rates are applied to different types of construction, the appropriate tax effect adjustment to the computations below (e) basis of differentiation in rates for different types of construc- in a manner that clearly indicates the amount of reduction in tion, and (f) whether the overhead is directly or indirectly the gross rate for tax effects.

assigned.

1. Payroll Overheads An annual review is made of the relationship of employee benefits and payroll taxes as to percentage of total labor. These resulting percentages are applied to direct labor charged to construction as follows:

Percent Payroll Taxes . . .. . . . 5.92 Pensions . . . . . . . . . . 5.44 Other Employee Benefits . . 5.41 Injuries and Damages . . . . 1.97 18.74

2. Allowance for Funds Used During Construction was computed based upon the amount of financing costs incurred in connection with the Simulator Project.

I COMPUTATION OF ALLOWANCE FOR FUNDS USED DURING CONSTRUCTION RATES For line 1(5), column (d) below, enter the rate granted in the last rate proceeding. If such is not available, use the average rate earned during the preceding three years.

1. Components of Formula (Derived from actual book balances and actual cost rates):

Une Title Amount Percentage ~

Ratio (Percent)

(a) (b) (c) (d)

(1) Average Short-Term Debt S$ 1,864,000 (2) Short Term interest s 7.78%

Long-Term Debt D - - d (3) _

Preferred Stock P - - p -

(4)

• Common Equi +y C 15.809.000 inny c is_A9y (5)

! (6) Total Capitalization 15,809,000 100 %

(7) Average Construction Work in Progress Balance W$ 1,965,000

2. Gross Rate for Borrowed Funds s (f) + d (D+ + C) ( ~ ) 7.38%

3. Rate for Other Funds 1- p (D +

• 0.80%

+C D+ +C

4. Weighted Average Rate Actually Used for the Year:

• Rate of Return applicable January through

a. Rate for Borrowed Funds - 3.53% June = 15.92%. Rate of Return applicable C b. Rate for Other Funds - 0.84% for July = 13.81%. Weighted average cost l

i

( l Return for the period = 15.62%

l FERC FORM NO.1 (ED.12-85) Page 218

N:me of R:spondent This R; port is: D:t3 of R: port Yur of R; port NORTHEAST NUCLEAR (1) 00 An Original Wo, Da, W ENERGY COMPANY (2) O A Resubrnission Dec. 31,19_86 .

ACCUMULATED PROVISION FOR DEPRECIA, TION OF ELECTRIC UTILITY PLANT (Account 108)

1. Explain in a footnote any important adjustments dur- the respondent has a significant amount of plant retired at ing year. year end which has not been recorded and/or classified to

2. Explain in a footnote any difference between the the various reserve functional classifications, make amount for book cost of plant retired, line 11, column (c), preliminary closing entries to tentatively functionalize the and that reported for electric plant in service, pages 204-207, book cost of the plant retired. In addition, include all costs column (d), excluding retirements of non-depreciable included in retirement work in progress at year end in the property. appropriate functional classifications.

3. The provisions of Account 108 in the Uniform System 4. Show separately interest credits under a sinking fund  ;

of Accounts require that retirements of depreciable plant or similar method of depreciation accounting.

be recorded when such plant is removed from service. If Section A. Balances and Changes During Year Total Electnc Plant in Electric Plant Held Electnc Plant Leased (c + d + e) Service for Future Use to Others (a) (b) (c) id) (e) 1 Balance Beginning of Year 567,250 567,250 2 Depreciation Provisions for Year, Charged to 3 (403) Depreciation Expense 559,575 559.575 4 (413) Exp of Elec Pit leas to Others 5 Transportation Expenses-Clearing 6 Other Cleanng Accounts 50.466 s o . 4 6 r.

7 Other Accounts (Specify):

8 9 TOTAL Deprec. Prov. for Year (Enter Total of lines 3 thru 8) 610.041 610,041 10 Net Charges for Plant Retired:

11 Book Cost of Plant Retired 12 Cost of Removal 13 Salvage (Credit) 14 TOTAL Net Chrgs. for Plant Ret.

(Enter Total of lines f 1 thru 73) 15 Other Debit or Cr. Items (Descnbe):

16 17 Balance End of Year (Enter Total of lines 1. 9 14. 75. and 76) 1,177,291 1,177,291 Section B Balances at End of Year According to Functional Classifications 18 Steam Production 19 Nuclear Producton 1,130,743 1,130,743 20 Hydraulic Production-Conventional 21 Hydraulic Production-Pumped Storage 22 Other Production l 23 Transmission 24 Distribution 25 General 46,548 46,548 26 TOTAL (Enter Total of lines 78 thru 25) 1,177,291 1,177,291 e

iERC FORM NO.1 (ED.12-86) Page 219

This Report is: Dit2 cf Report Year cf Report Ntrna of R:spondent (1) O An Original (Mo, Oa, Yr)

NORTHEAST NUCLEAR ENERGY Dec.31,1986 COMPANY (2) C A Resubmission NONUTILITY PROPERTY (Account 121)

1. Give a brief description and state the location of non. 4. List separately all property previously devoted to utility property included in Account 121.

public service and give date of transfer to Account 121,

2. Designate with an asterisk any property which is Nonutility Property.

5. Minor items (5% of the Balance at the End of the Year, leased to another company. Sta".e name of lessee and whether lessee is an associated company. for Account 121 or $100,000, whichever is less) may be

3. Furnish particulars (details) concerning sales, pur. grouped by (1) previously devoted to public service (line 44),

chases, or transfers of Nonutility Property during the year. or (2) other nonutility property (tine 45).

Balance a Beginning P reha s Sa 5, Balanc at End Line Description and Location og ea N* ' (b) (c) (d) ta)

NONE 3

4 5

6 7

> 8 9

10 11 12 13 14 15 16 19 29 21 22 ,

23 24 25 j 26 27 28 29 30 1 31 32 33 34 35 l

! 36 i 37 38 39 40 41 42 43 44 Minor item Previously Devoted to Public Service 45 Minor items-Other Nonutshty Property 46 TOTAL Page 221 Next Page is 224 FERC FORM NO.1 (ED.12-85) i

r Name of Respondent This R; port is: Dits of R; port Yer of Report NORTHEAST NUCLEAR (1) K] An Original W , Da, W ENERGY COMPANY (2) O A Resubmission Dec.31,19_86 INVESTMENT IN SUBSIDIARY COMPANIES (Account 123.1)

1. Report below investments in Accounts 123.1, In- amounts of loans or investment advances which are sub-vestments in Subsidiary Companies. ject to repayment, but which are not subject to current set-

2. Provide a subheading for each company and list t!ement. With respect to cach advance show whether the thereunder the information caffed for below. Sub-total by advance is a note or open account. List each . Ote giving company and give a total in columns (e), (f), (g) and date of issuance, matunty date, and specifying whether note (h). is a renewal.

(a) Investment in Secunties - List and desenbe each 3. Report separately the equity in undistributed secunty owned. For bonds give also principal amount, date subsidiary earnings since acquisition. The total in column of issue, maturity, and interest rate. (e) should equal the amount entered for Account 418.1.

(b) Investment Advances - Report separately the Date Date of # * ""' 0' Line Desenption of Investment Investment at f40 Beginning of Year (a) (b) (c) (d) 1 2

3 NONE 4

5 6

7 8

9 10 11 14 h 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 l TOTAL Cost of Account 123.1 $ . ._ _ _ _ _ _

__l TOTAL FERC FORM NO.1 (ED.12-86) Page 224

Name of Respondent This R: port is: Data of R: port Year of R; port '

NORTIIEAST NUCLEAR (1) El An Original Wo, Oa, W ENERGY COMPANY Dec.31,19 8.6 (2) C A Resubmission

(]

'v INVESTMENT IN SUBSIDIARY COMPANIES (Account 123.1)(Continued)

4. For any securities, notes, or accounts that were 7. In column (h) report for each investment disposed pledged, designate such secunties, notes, or accounts in of during the year, the gain or loss represented by a footnote, and state the name of pledgee and purpose of the difference between cost of the investment (or the pledge. the other amount at which carried in the books of

5. If Commission approval was required for any advance account if different from cost) and the selling pnce thereof, made or secunty acquired, designate such fact in a footnote not including interest adjustment includible in col-and give name of Commission, date of authorization, and umn (f).

Case or docket number. 8. Report on Line 23, column (a) the total cost of Account

6. Report column (f) interest and dividend revenues from 123.1.

investments, including such revenues from securities dis-posed of during the year.

Equity in Am unt f ain or Loss Revenues investment at from Investment Line Subsidiary , y,,,

End of Year Disposed of No.

Earnings for Year (f) (g) (h)

(el 1

2 NONE 3 4

5 6

7 8

9 to 11 12

,m 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42

,v)

FERC FORM NO. 2 (ED.12-86) Page 225

r Name of Respondent This Report is: D:t] of Report Ycr of Report NORTilEAST NUCLEAR (1) El An Original Wo, Da, W ENE M CO M W (2) O A Resubmission Dec.31,19 86 MATERIAL AND SUPPLIES

1. For Account 154, report the amount of plant ma- 2. Give an explanation of important inventory adjustments tenals and operating supplies under the primary functional during the year (on a supplemental page) showing general classifications as indicated in column (a); estimates of classes of material and supplies and the various accounts amounts by function are acceptable. In column (d), designate (operating expenses, clearing accounts, plant, etc.)

the department or departments which use the class of affected-debited or credited. Show separately debit or material. credits to stores expense-clearing, if applicable.

Balance Departrnent or Account Beginning of Balance Departments Year End of Year Which Use Matenal (a) (b) (c) (d) 1 Fuel Stock (Account 151) 2 Fuel Stock Expenses Undistnbuted (Account 152) 3 Residuals and Extracted Products (Account 153) 4 Plant Matenals and Operating Supplies (Account 154) 5 Assigned to - Construction (Estimated) 6 Assigned to - Operations and Maintenance 7 Production Plant (Estimated) 12.168.401 32.786.973 Elecerfc 8 Transmission Plant (Estimated) 388,565 37I.485 Electric 9 Distnbution Plant (Estimated) 10 Assigned to - Other 28.073 60.498 Electric 11 TOTAL Account 154 (Enter Total of hnes 5 thru 70) 12.585.039 33.218.956 12 Merchandise (Account 155) 13 Other Materials and Supplies (Account 156) 14 Nuclar Matenals Held for Sale (Accourit 157)(Not applicable to Gas Utilities) 15 Stores Expense Undistnbuted (Account 163) 75.252 116.012 Electric 16 17 18 19 20 TOTAL Materials and Supplies (Per Balance Sheet) 12.66(1.291 33.374.968 O

FERC FORM NO.1 (ED.12 86) Page 227 Next Page is 230

This Riport is: Dits of R: port Yetr cf Report Ntme of Respondent (1) 00 An Original (Mo, Da, Yr)

NORTHEAST NUCLEAR ENERGY Dec. 31,19 86 COMPANY (2) O A Resubmission O EXTRAORDINARY PROPERTY LOSSES (Account 182.1)

WRITTEN OFF DURING Desenpt:on of Extraordinary Loss Total losses Balance at finclude e the descnproon the date of YEAR Amount Recognized End of Line loss, the date of Commission authonza. Account Year No. tion to use Account 182.I and period of of Loss During Year Amount Charged amortizatson (mo, yr, to mo, yr).]

(b) (c) (d) (e) (t)

(a) 1 2

3 4

NONE 5

6 7

8 9

10 11 12 13 14 15 16 17 18 19 20 TOTAL UNRECOVERED PLANT AND REGULATORY STUDY COSTS (182.2)

Desenption of Unrecovered Plant and WRITTEN OFF DURING Regulatory Study Costs Total Costs YEAR Batance at (Include on the descnption of costs Amount Recognized End of O Lene No the date of Commission authonzation to use Account 182.2 and period of amortizatoon (mo, yr, to mo, yr).]

of Charges Dunng Year Account arg e Amount Year (b) (c) (d) (e) (f)

(a) 21 22 23 24 NONE l 25 j 26

27 j 28 l 29 I 30 31 32 33 34 35 36 37 l 38 39 40 41 I 42 l- 43 44 45 i

I O 48 I

49 TOTAL i

Page 230 Next Page is 233 l FERC FORM NO.1 (ED.12-85)

I

N:m] of Respondent This R: port is: Drta of Report Yar of R; port NORTilEAST NUCLEAR ENERGY 0) Q An Original (Mo, Da, Yr)

COMPANY (2) O A Resubmission Dec. 31,19 _6 8 MISCELLANEOUS DEFERRED DEBITS (Account 186)

1. Report below the particulars (details) called for concerning 3. Minor items (1% of the Balance at End of Year for Account 186 rniscellaneous deferred debits. or amounts less than $50,000, whichever is less) may be grouped by

2. For any deferred debit being amortized, show period classes.

of amortization in column (a)

CREDITS Descripton of Miscellaneous Balance at Balance at Deferred Debit Beginning of Year e s un g9j Amount End of Year

,'a l (b) (c) (d) (e) (f) l Vacation Advances (3,740) 35,272 Var. 29,744 1,788 3 Millstone Unit No. 3 4 Audit 916 8,075 143 7,392 1,599 5

6 Shared Microwave 7 Costs 3,533 14,449 Var. 17,033 949 8 .

9 Financing Expense -

2,000 - -

2,000 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 f6 47 %sc Work in Progress 6,504,274 355.399 48 DEFERRED REGULATORY COMM.

EXPENSES (See pages 350-351) p 49 TOTAL 6,504,983 l 361,735 FERC FORM NO.1 (ED.12-85) Page 233

N:.rne of Respondent This R! port is: Dits of R; port Yttr of Riport W , Oa, Yd NORTHEAST NUCLEAR ENERGY (1) @ An Original AW (2) O A Resubmission Dec.31,198 f ^

ACCUMULATED DEFERRED INCOME TAXES (Account 190)

[_x)

1. Report the information called for below concerning the re- 2. At Other (Specity), include deferrals relating to other in-spondent's accounting for deferred income taxes. come and deductions.

Balance at 8 , ning Ba ance at

"* Account Subdmsons (b) re; (a) 1 Electric 2

3 4

5 6

7 Other 8 TOTAL Electric (Enter Total of lines 2 thru 7) 9 Gas 10 11 12 13 14 15 Other 16 TOTAL Gas (Enter Total of lines 10 thru 15) 17 Other (Specity) to TOTAL (Acct 190)(Total of lines 8,16 and 17) NnNF NnNP NOTES O

Page 234 Next Page 250 FERC FORM NO.1 (ED.12 85)

r m  ;

Name of Respondent This Report Is: D:t? (.f Report Year (f Report NORTilEAST NUCLEAR (1) O An Original (Ma, Da, Yr)

ENERGY COMPANY (2) O A Resubmission Dec.31,1986 CAPITAL STOCK (Accounts 201 and 204)

1. Report below the particulars (details) called for con. ing, a specific reference to report form (i.e. year and com-cerning common and preferred stock at end of year, pany title) may be reported in column (a) provided the fiscal distinguishing separate series of any general class. Show years for both the 10-K report and this report are compatible.

separate totals for common and peferred stock. If information 2. Entries in column (b) should represent the number of to meet the stock exchange reporting requirement outlined in shares authorized by the articles of incorporation as column (a) is available from the SEC 10-K Report Form fil. amended to end of year.

Number Par Line Class and Series of Stock and of Shares or Stated au No. Name of Stock Exchange Authorized Value nce at by Charter Per Share End of Year (al (b) (c) id) l 2 Common Stock (Account 201)

Common Stock

• 60,000 $10.00 Total Account 201 60,000 5

6 Preferred Stock (Account 204) 7 NONE 8

9 10 11 12 13 14 15 16 17 18

• All Common Stock is held by Northeast Utilities 19 20 and is not traded on any stock exchange.

21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 42 9

FERC FORM NO.1 (ED.12-86) Page 250

~

This R; port is: Dits of Riport Ystr of R: port Nane of Respondent (1) 00 An Original (Mo, 02, Yr)

NORTHEAST NUCLEAR Dec. 31,19 86 ENERGY COMPANY (2) O A Resubmission O

D CAPITAL STOCK (Accounts 201 and 204)(Continued)

5. State in a footnote if any capital stock which has been

3. Give particulars (details) concerning shares of any class and series of stock authorized to be issued by a nominally issued is nominally outstanding at end of year.

6. Give particulars (details)in column (a)of any nominally I regulatory commission which have not yet been issued. issued capital stock, reacquired stock, or stock in sinking

4. The identification of each class of preferred stock

'; and other funds which is pledged, stating name of pledgee should show the dividend rate and whether the dividends and purposes of pledge.

are cumulative or noncumulative.

O ' HELD BY RESPCNDENT BA EE (Total amount outstanding without IN SINKING AND Une reduction for amounts held by AS REACQUIRED STOCK No.

(Account 217) OTHER FUNDS respondent)

Cost Shares Amount Shares Amount Shares

{f) (g) (h) (0 W (e) 1 2

1,500 $ 15,000 1,500 $ 15,000 NONE NONE 4 5

6 7

8 9

10 11 12 0 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29

! 30 l

31

, 32

' 33 1 34 35 36 37 38 39 O 40 g 41 l

42 i

FERC FORM NO.1 (ED.12 86) Page 251

Name of Respondent This Report is: D:t](f Report Y;ar of Report NORTifEAST NUCLEAR (1) f] An Original (Mo, Da, Yr)

ENERGY COMPANY (2) O A Resubmission Dec. 31,19 86 CAPITAL STOCK SUBSCRIBED, CAPITAL STOCK LIABILITY FOR CONVERSION, PREMlUM ON CAPITAL STOCK, AND INSTALLMENTS RECElVED ON CAPITAL STOCK (Accounts 202 and 205, 203 and 206,207,212)

1. Show for each of the above accounts the amounts Common Stock Liabihty for Conversion, or Account 206, applying to each class and series of capital stock. Preferred Stock Liability for Conversion, at the end of the

2. For Account 202, Common Stock Subsenbed, and year.

Account 205, Preferred Stock Subsenbed, show the sub- 4. For Premium on Account 207, CapitalStock, designate scription price and the balance due on each class at the end with an astensk any amounts representing the excess of con-of year. sideration received over stated values of stocks without par

3. Descnbe in a footnote the agreement and transactions value.

under which a converson liability existed under Account 203.

Line Name of Account and Desenption of item Number of Shares Amount No (a) (bl (c) 1 2 NONE 3

4 5

6 7

8 9

10 11 12 13 14 15 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 15 46 TOTAL 9

FERC FORM NO.1 (ED.12 86) Page 252 f

This Report Is: Dits of R: port Yz r of R: port N:me cf Respondent NORTHEAST NUCLEAR (1) K] An Original (Mo, Oa. Yr)

ENERGY COMPANY (2) O A Resubmission Dec.31,1986

,m OTHER PAID-IN CAPITAL (Accounts 208-211, inc.)

Report below the balance at the end of the year and the capital changes which gave rise to amounts reported under information specified below for the respective other paid-in this caption including identification with the class and series capital accounts. Provide a subheading for each account and of stock to which related.

show a total for the account, as well as total of all accounts (c) Gain on Resale or Cancellation of Reacquired Capital for reconciliation with balance sheet, page 112. Add more Stock (Account 210)-Report balance at beginning of year, columns for any account if deemed necessary. Explain credits, debits, and balance at end of year with a designa-changes made in any account during the year and give the tion of the nature of each credit and debit identified by the accounting entries effecting such change. class and series of stock to which related.

(d) Miscellaneous Pai&In Capital (Account 211)-Classify (a) Donations Received from Stockholders (Account amounts included in this account according to captions 208)-State amount and give brief explanation of the origin and purpose of each donation. which, together with brief explanations, disclose the general (b) Reduction in Par or Stated Value of Capital Stock (Ac-nature of the transactions which gave rise to the reported count 209)-State amount and give brief explanation of the amounts.

item Arnount Line (a) (b)

No.

1 Donations Received from Stockholders (Account 208) 2 NONE 3

4 Reduction in Par or Stated Value of Capital Stock (Account 209) 5 NONE 6

7 Gain on Resale or Cancellation of Reacquired Capital Stock g (Account 210)

NE 10 11 Miscellaneous Paid-In Capital (Account 211) $ 15,350,000 12 O'V 13 No activity during the year 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39

( $ 15,350,000 40 TOTAL FERC FORM NO.1 (ED.12 86) Page 253

This R; port is: Dita of RIport Yett of R port Nane cf Respondent NORTilEAST NUCLEAR Wo, Oa, Yd (1) CD An Original

. ENERGY COMPANY Dec.31,19_86 (2) O A Resubmission DISCOUNT ON CAPITAL STOCK (Account 213)

1. Report the balance at end of year of discount on capital ment giving particulars (details) of the change. State the stock for each class and series of capital stock. reason for any charge-off during the year and specify the 1 2. If any change occurred during the year in the balance amount charged.

' with respect to any class or series of stock, attach a state-Une Class and Senes of Stock M- (a) (b) i 1

2 NONE 3

4 5

6 7

! 8 9

10 11 12 i 13

! 14

, 15 ,

16 17 18 19 CAPITAL STOCK EXPENSE (Account 214) l 1. Report the balance at end of year of capital stock ex- SIatement penses for each class and series of capital stock. iving particulars (details) of the change. State the reason

2. If any change occurred during the year in the balance or any charge-off of capital stock expense and specify the

! with respect to any class or senes of stock, attach a account charged.

Balance at Class and Senes of Stock

' Line End of Year N- (a) (b) l I

1 I 2 NONE I 3 I 4 l 5 I 6 7

i 8

9 i 10 11

12

, 13

! 14 15 16 l 17 l 18 19 20 l O. 21 22 TOTAL f

Page 254 Next Page is 256 l FERC FORM NO.1 (ED.12-86) i

N:me of Respondent This Report is: Data cf Report Ycr (f Report NORTilEAST NUCLEAR (1) Dl An Original (Mo, Da, Yr)

ENERGY COMPANY (2) C A Resubmission Dec.31,19 86 LONG TERM DEBT (Accounts 221, 222, 223, and 224)

1. Report by balance sheet the account particulars 6. In column (b) show the principal amount of bonds or (details) concoming long-term debt included in Accounts 221, other long-term debt originally issued.

Bonds, 222 Reacquired Bonds, 223, Advances from 7. In column (c) show the expense, premium or discount Associated Companies, and 224, Other long Term Debt. with respect to the amount of bonds or other long-term debt

2. In column (a), for new issues, give Commission originally issued.

authorization numbers and dates. 8. For column (c) the total expenses should be listed first

3. For bonds assumed by the respondent, include in col. for each issuance, then the amount of premium (in paren-umn (a) the name of the issuing company as well as a theses) or discount. Indicate the premium or discount with description of the bonds, a notation, such as (P) or (D). The expenses, premium or

4. For advances from Associated Companies, report discount should not be netted.

separately advances on notes and advances on open ac. 9. Furnish in a footnote particulars (details) regarding the counts. Designate demand notes as such. Include in column treatment of unamortized debt expense, premium or discount (a) names of associated companies from which advances associated with issues redeemed during the year. Also, give were received. in a footnote the date of the Commission's authorization of

5. For receivers' certificates, show in column (a) the treatment other than as specified by the Uniform System of name of the court and date of court order under which such Accounts.

certificates were issued.

Line Class and Series of Obligation, Coupon Rate Principal Total Expense, no (For new issue, given Commission Amount of Premium of Authonzation numbers and dates) Debt issued Discount (a) tbl (Ci 1

2 BONDS (Account 221) 3 NONE 4

5 REAQUIRED BONDS (Account 222) 6 NONE 7

8 ADVANCES FROM ASSOCIATED COMPANIES (Account 223) 9 NONE 10 33 OTHER LONG-TERM DEBT (Account 224) 12 8.31% Prudential Insurance Company of 13 America Unsecured Term Note (A) 15,000,000 -

14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 (A) Connecticut DPUC Authorization Docket 31 No. 86-11-06 dated 12/16/86.

32 33 TOTAL 15,000,000 FERC FORM NO.1 (ED.12 86) Page 256

Name of Respondent This Report im D;ta cf Report Ynr cf Report NORTHEAST NUCLEAR (1) Q An Original Wo, Oa, Yr)

ENERGY COMPANY Dec.31,1986 (2) O A Resubmission LONG TERM DEBT (Accounts 221, 222, 223, and 224) (Continued)

.Q D

10. Identify separate undisposed amounts applicable to 14. If the respondent has any long-term debt securities issues which were redeemed in prior years. which have been nominaffy issued and are nominally

11. Explain any debits and credits other than amortiza- outstanding at end of year, describe such securities in a tion debited to Account 428, Amortization of Debt Discount footnote.

and Expense, or credited to Account 429, Amortization of 15. If interest expense was incurred during the year on Premium on Debt - Credit. any obligations retired or reacquired before end of year,

12. In a supplemental statement, give explanatory par- include such interest expense in cclumn (i). Explain ticulars (details) for Accounts 223 and 224 of net changes in a footnote any difference between the total of column during the year. With respect to long-term advances, show (i) and the total of Account 427, Interest on Long-Term for each company: (a) principal advanced during year, (b) Debt and Account 430, interest on Debt to Associated interest added to principal amount, and (c) principal repaid dur. Companies.

ing year. Give Commission authorization numbers and dates. 16. Give particulars (details) concerning any long-term

13. If the respondent has pledged any of its long-term debt debt authorized by a regulatory commission but not yet securities give particulars (details) in a footnote including issued.

name of pledgee and purpose of the pladge.

AMORTIZATION PERIOD Outstanding Nominal (Total amount outstanding Interest for Year Line Date Date Amount of of Date From Date To without reduction No' issue Maturity for amounts held by respondent)

(n (g) (h) (i)

(d) (e) 1 2

3 4

f)

V 5

6 7

8 9

10 11 12 12/22/86 12/01/92 - - 15,000,000 34,625 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 0 34,6 D 33 15.000.000 Page 257 Next Page is 261 FERC FORM NO.1 (ED.12 86)

r -

N:me cf Rispondent This R: port Is: D't) cf Report Yttr of R; port NORTilEAST NUCLEAR ENERGY (1) Z] An Original (Mo, Da, Yr)

COMPANY (2) C A Resubmission Dec. 31,19 86 RECONCILIATION OF REPORTED NET INCOME WITH TAXABLE INCOME FOR FEDERAL INCOME TAXES

1. Report the reconciliation of reported net income for the taxable net income as if a separate return were to be filed, y:ar with taxable income used in computing Federal income indicating, however, intercompany amounts to be eliminated in tax cccruals and show computation of such tax accruals. in- such a consolidated return. State names of group members, tax clude in the reconciliation, as far as practicable, the same detail assigned to each group member, and basis of allocation, is furnished on Schedule M-1 of the tax return for the year. assignment, or sharing of the consolidated tax among the group Submit a reconciliation even though there is no taxable income members.

for the year. Indicate clearly the nature of each reconciling 3. A substitute page, designed to meet a particular need of

c. mount. a company, may be used as long as the data is consistent and

2. If the utility is a member of a group which files a con- meets the requirements of the above instructions.

solidited Federal tax return, reconcile reported net income with Lina Particulars (Details) Amount No (a) (b) 1 Net income for the Year (Page 117) 2.549.291 2 R:conciling items for the Year 3 Federal incomo Tnv (1,393,487) 4 Taxable income Not Reported on Books 5

6 7

8 9 D-ductions Recorded on Books Not Deducted for Return 10 Deferred Federn1 nnd State Income Taxes 2.907.433 11 12 13 14 income Recorded on Books Not included in Return 15 Allowance for Funds Used Durine Construction (45.338) 16 17 18 19 Diductions on Return Not Charged Against Book Income 20 Additional Tav Deoreciation (5.116.066T 21 Conntruction Overbondo (1.676 9n6T 22 Miscellaneous (165,383) 23 24 25 26 27 Federal Tax Net income (3,159,754) 28 Show Computation of Tax:

29 Federa'. Income Tax @46% (1,453,487) 30 Investment Tax Credit (60,000) 31 Federal Income Tax (Line 12, Page 114) (1,393,48 7 32 33 34 35 36 37 See Notes to Financial Statements beginning on page 122.

38 39 40 41 4 (Continued on page 261A) 44 FERC FORM NO.1 (REVISED 12 81) Page 261

~s

( i N/ ,

- Annual Report of NORTilEAST NUCLEAR ENERGY COMPANY Year Ended December 31, 1986 Reconciliation of Reported Net Income with Yaxable Income for Federal Income Taxes (Continued) 4 This Company is a member of an affiliated group, Northeast Utilities, which will file a 1986 consolidated Federal Income Tax return on or before September 15, 1987.

' Members of the affiliated group are:

v

- Northeast Utilities (parent company)

The Connecticut Light and Power Company J

The Shelton Canal Company Research Park, Incorporated Western Massachusetts Electric Company

(

' w/ The Quinnehtuk Company llolyoke Water Power Company llolyoke Power and Electric Company Northeast Nuclear Energy Company The Rocky River Realty Company Northeast Utilities Service Company Federal income tax is allocated on the basis of each member's contribu-

• tion to consolidated taxable income. Under this allocation, none of the members is charged with an income tax greater than it would have paid had it filed its return on an individual basis.

l 261A s

Name of Respondent This Report is: Dit3 of R: port Yerr of R: port NORTHEAST NUCLEAR (1) 50 An Original (Mo, Da, Yr)

ENERGY COMPANY (2) C A Resubmission Dec.31,1986 TAXES ACCRUED, PREPAID AND CHARGED DURING YEAR

1. Give particulars (details) of the combined prepaid and Enter the amounts in both columns (d) and (e). The balancing of accrued tax accounts and show the total taxes charged to op. this page is not affected by the ine!usion of these taxes.

erations and other accounts dunng the year. Do not include gaso- 3. Include in column (d) taxes charged during the year, taxes line and other sales taxes which have been charged to the Charged to operations and other accounts through (a) accruals accounts to which the taxed material was charged. If the act- credited to taxes accrued, (b) amounts cred.ted to proportions of ual or estimated amounts of such taxes are known, show the prepaid taxes chargeable to current year, and (c) taxes paid and amounts in a footnote and designate whether estimated or actual charged direct to operations or accounts other than accrued and amounts prepaid tax accounts.

2. Include on this page, taxes paid dunng the year and charged 4 List the aggregate of each kind of tax in such manner that the direct to final accounts,(not charged to prepaid or accured taxes). total tax for each State and subdmsion can readily be ascertained BALANCE AT BEGINNING OF YEAR Line Kind of Tax Taxes Prepaid Cha g d Du g Adi ust-No. (See Instruction 5) Accrued Taxes Dunng Year Year ments (a) (b) (c) (d) (e) (f) 1 2 See insert page 262a-263:

3 4

5 6

7 8

9 10 11 14 e

15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 l 30 31 32 33 34

! 35 36 37

! 38 41 TOTAL O

l FERC FORM NO.1 (ED.12-86) Page 262.

1

This R: port Is: Dat:s of R: port Year of R port Nims of Rrpondent (1) 5d An Original (Mo, Da, Yr)

NORTHEAST NUCLEAR Dec. 31,19 86 ENERGY COMPANY (2) O A Resubrnission LXES ACCRUED, PREPAID AND CHARGED DURING YEAR (Continued)

(] 8. Enter accounts to which taxes charged were distnbuted in

5. If any far (exclude federal and state encome taxes) covers columns (i) thru (I). In column (i), report the amounts charged to Ac-more than one year, show the required informatm separafety for each counts 408.1 and 409.1 for Electnc Department only, Group the far year, identifyrig the year in column (a).

amounts charged to 4081,409.1,40d 2 and 409 2 under other ac-6 Enter all adjustments of the accrued and prepaid tax accounts counts in column (1). For taxes charged to other accounts or utility en column f f) and explain each adjustment in a footnote. Designate plant. Shown the number of the appropnate balance sheet account, debet adjustments by parentheses.

7. Do not include on this page entries with respect to deferred plant account or subaccount.

income taxes or taxes collected through payroit deductions or 9 For any tax apportioned to more than one utility department or account, state in a footnote the basis (necessity) of apportioning otherwise pending transmittal of such taxes to the taxing author-such tax.

ity DISTRIBUTION OF TAXES CHARGED TShow utthfy departenent where apphcable and accounf chargedj BALANCE AT END OF YEAR Prepaid Taxes Electnc Extraonnary Adjustment to Une (Taxes Accrued Items Ret. Earnings Other (incl in (Account 4081 No.

(Account 236) 4091) (Account 409 3) Account 439)

Account 165)

(1) (k) (I)

(g) (h) (1) 1 2

See insert page 262a-203a 3 4

5 6

7 8

9 10 11 12 13 (ms

) g 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39

n. 40

( 41 Next Page is 266 FERC FORM NO.1 (ED.12 86) Page 263

v. .

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a 1 w - e if --- ----*s:::::steran==x=x=ses===smsmsmssv s:s2 262a.263a

- - . . ...,n - . -.-.--,---...._ - ,

- - . - - - - - _ _ . - - - - . _ . - - - - , . , _ - , - . . - - . . . - - . ~ . , ,

N:m3 of R:spondent This R: port is: Date of Report Year of Report NORTiiEAST NUCLEAR ENERGY (1) CD An Original (Mo, Da, Yr)

COMPANY (2) C A Resubmission Dec.31,19_86 ACCUMULATED DEFERRED INVESTMENT TAX CREDITS (Account 255)

Report below information applicable to Account 255. correction adjustments to the account balance shown in col-Where appropnate, segregate the balances and transactions umn (g). Include in column (i) the average period over which by utility and nonutility operations. Explain by footnote any the tax credits are amortized.

Galance at Deferred Allocations to Line Account Beginning for Year Current Year's income No. Subdivisions of Year Ac ount Amount Ackount g Account (a) (b) (c) (d) (e) (g)

(r) 1 Electric Utility 2 3%

3 4%

4 7%

5 10 % 57,050 411.4 6

(60,000) 411.4 (2,725) 7 8 TOTAL 57,050 (60,000) (2,725) 0 Other List separately and show 3%,4%

7%,10% and TOTAL) 10 11 12 13 14 15 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 47 O

48 FERC FORM NO.1 (ED.12-86) Page 266

~

Name of Respondent This Report is: Date of Report Year of Report (1) 50 An Original (MO. Da, Yr)

NORTHEAST NUCLEAR ENERGY Dec.31,1986 COMPANY (2) O A Resubmission O' ACCUMULATED DEFERRED INVESTMENT TAX CREDITS (Account 255) (Continued)

Av r Adjustment Explanation Li e Balgnce at ,9 in Year to income (h) (i)

T 3

4 5

(225) 7 8

(225) 9 10 11 12 13 14 15 16 O 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 O 47 48 FERC FORM NO.1 (ED.12-86) Page 267

This Report is: Dit) of Report Ynr of R; port Name of Respondent (1) CD An Original (Mo, Da, Yr)

NORTilEAST NUCLEAR Dec. 31,19 86 ENERGY COMPANY (2) O A Resubmission

)

(V OTHER DEFERRED CREDITS (Account 253)

1. Report below the particulars (details) called for 3. Minor items (5% of the Balance End of Year for Ac-count 253 or amounts less than $10,000, whichever is concerning other deferred credits.

2. For any deferred credit being amortized, show the greater) may be grouped by classes.

period of amortization.

DEBITS Balance at Balance at Description of Other Beginning Contra Credits End of Year Line Deterred Credits t

• ' of Year Account (d) le) IO (ep (b) (c) 1 Miscellaneous 2 Deferred 3 406 Var. 2,846 9,107 6,667 Credits 4

5 6

7 8

9 10 11 12 13 14 15 16 17 l(_- 18 39 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 I

l p)

'L 44 45 46 6,667 47 TOTAL 406 Page 269 Next Page is 272 FERC FORM NO.1 (ED 12 86)

N:me of Respondent This Report is: D:12 of R: port Ynr of Report NORTilEAST NUCLEAR ENERGY (1) El An Original Wo. Da, Yr)

CO>fPANY (2) O A Resubmission Dec.31,19_86 ACCUMULATED DEFERRED INCOME TAXES-ACCELERATED AMORTlZATION PROPERTY (Account 281)

1. Report the information called for below Concerning the to amortizable property.

respondent's accounting for deferred income taxes relating 2. For Other (Specsty), include deferrals relating to other Balance at CHANGES DURING YEAR Line Accour.t Beginning A un s un D

No. of Year (Account 410.1) (Account 411.1)

(as (b) (c) (d) 1 Accelerated Amortization (Account 281) 2 Efectric 3 Defense Facilities 4 Pollution Control Facilities 5 Other 6

7 8 TOTAL Electr:c (Enter Total of knes 3 thru 7) 9 Gas 10 Defense Facilities 11 Pollution Control Facilities 12 Other 13 14 15 TOTAL Gas (Enter Total of lines 10 thru 14) 16 Other (Specify) 17 TOTAL (Acct 281)(Total of 8,15 and 76) NONE 18 Classif. cation cf TOT AL 19 Federal income Tak 20 State income Tax 21 Local income Tax NOTES O

FERC FORM NO.1 (ED 12 86) Page 272

This Report is: D;ta of Report Ye'.r cf Report Name cf Respondent Wo,Da,YO NORTilEAST NUCLEAR ENERGY (1) 00 An Original COMPANY Dec.31,19 86

, (2) O A Resubmission ACCUMULATED DEFERRED INCOME TAXES-ACCELERATED AMORTIZATION PROPERTY (Account 281)(

income and deductions.

3. Use separate pages as required.

ADJUSTMENTS l CHANGES OURING YEAR Credits Balance at Amounts Amounts Detats ne End of Year Acct. No. Amount Acct. No. Amount (Accou t 0.2) (Accou t 412) (i) (k)

(f) (g) th) (1)

(e) 1 2

3 4

5 6

7 8

9 10 11 12 13 14 15 16 NONE 17 20 21 NOTES (Continued)

O FERC FORM NO.1 (ED.12 86) Page 273

N:me of Respondent This R: port is: Dat) of R; port Yur of Report NORTilEAST NUCLEAR ENERGY (1) DC An Original Wo,Da,Yd (2) O A Resubmission Dec. 31,19.86 ACCUMULATED DEFERRED INCOME TAXES-OTHER PROPERTY (Account 282)

1. Report the information called for below concerning the to property not subject to accelerated amortization.

respondent's accounting for deferred income taxes relating 2. For Other (Specify), include deferrals relating to other Balance at CHANGES DURING YEAR Line Account Subdivisions Beginning A ns n D

No of Year (Account 4101) (Account 411.1)

(a) (b) (c) id) 1 Account 282 2 Electnc 1.933.347 3.052.664 3 Gas 4 Other (Define) 5 TOTAL (Enter Total of lines 2 thru 4) 1,433,397 3.052.664 6 Other (Specify) 7 8

9 TOTAL Account 282 (Enter Total of lines 5 thru 8) 1.911.197 3.052.664 10 Classification of TOTAL 11 Federal Income Tax 1.519.523 2,537,150 12 State income Tax 413,874 515,514 13 Local Income Tax NOTES O

G FERC FORM NO.1 (ED.12 86) Page 274

Nima of Respondent This R: port is: Dits of R port Yttr of R; port (1) (Z An Original Wo,Da,YO NORTHEAST NUCLEAR ENERGY COMPANY (2) O A Resubmission Dec. 31,19_86 ACCUMULATED DEFERRED INCOME TAXES-OTHER PROPERTY (Account 282)(Continued) income and deductions.

3. Use separate pages as required.

CHANGES DURING YEAR ADJUSTMENTS Debits Credits Balance at Amounts Amounts Acct. No. Amount Acct. No. Amount o (Account 02) (Account 4 1.2) li) (j) (k) fe) (f) (g) (h) 1 4.986.061 2 3

4 4.986.061 5 6

7 8

4.986.061 9 10 4,056,673 11 929,388 12 13 NOTES (Continued)

O O

FERC FORM NO.1 (ED 12 86) Page 275

r --

I N me cf R;spondent This R; port Is: Data of R: port Yarr of Report I NORTHEAST NUCLEAR ENERGY (1) 00 An Original (M , Da, Yr) l COMPANY (2) O A Resubmission Dec. 31,19_86 ACCUMULATED DEFERRED INCOME TAXES-OTHER (Account 283)

1. Report the information called for below concerning the to amounts recorded in Account 283.

respondent's accounting for deferred income taxes relating 2. For Other (Specify), include deferrais relating to other Balance at CHANGES DURING YEAR Line . Account Subdmsions Beginning Af" nts De No, of Year (Account 410.1) (Account 411.1)

(a) (b) (c) (d) 1 Account 283 2 Electric -

(87,956) 3 4

5 6

7 8 Other 9 TOTAL Electric (Total of lines 2 thru 8) -

(87.456) 10 Gas 11 12 13 14 15 16 Other 17 TOTAL Gas (Total of Irnes 10 thru 16) 18 Other (Specify) 19 TOTAL (Acct 283) (Enter Total of lines 9, 17 and 78) -

(87,956) 20 Classification of TOTAL 21 Federal income Tax -

(68,583) 22 Stato income Tax - (19,373) 23 Local incomo Tax NOTES O

FERC FORM NO.1 (ED.12 86) Page 276

This R: port Is: Dits of R: port Yctr of R: port N me of Respondent Wo, Da, M NORTHEAST NUCLEAR ENERGY (1) K] An Original NE Dec.31,1986_

(2) C A Resubmission ACCUMULATED DEFERRED INCOME TAXES-OTHER (Account 283)(Continued) and 273. Include amounts relating to insignificant items income and deductions.

3. Provide in the space below explanations for pages 272 hsted under Other.

4. Use separate pages as required.

ADJUSTMENTS CHANGES DURING YEAR Credits Balance at Amounts Amounts Debits of ear Acct No. Amount Acct. No. Amount o (Account 4 0 2) (Accou t 412) (u) (!) (k) le) in (g) (*s) 1 (87.45M 2 3 l 4

5 6

7 8

(87,956) 9 10 11 12 13 14 15 16 17 18 (87.956) 19 20 (68,583) 21 (19,373) 22 23 NOTES (Continued)

See insert page 277A O

g)

Page 277 Next Page is 300 FERC FORM NO.1 (ED.12 86)

31.1996 Annual report of NORTHEAST NUCLEAR EIER6Y COMPANY Year ended December Accumulated Deferred Income Tares--Other D

t i V

FIT CCBT TOTAL DESCRIPTION INJURIES AND DAMAGES RESERVE -

BALANCE 12/31/85 2,728 770 3,498 ACTIVITY 1986 2,728 770 3,498 BALANCE 12/31/86 33*E=2:3=3 3:3==33:33 3:32=33333 MEDICAL RESERVE BALANCE 12/31/85 ACTIVliY 1986 ( 71,311) ( 20,143) ( 91,4541 BALANCE 12/31/86

( 71,311) ( 20,143) ( 91,4541 32:23:3 33 323333:2:3 3323333333 TOTAL A/C 283 BALANCE 12/31/85 AtilVITY 1986 ( 68,583) ( 19,373) ( 87,956)

BALANCE 12/31/86

( 68,583) ( 19,373) ( 87,956)

O =3:32:23:3 33:21==323 EES=333333 e

O 277A

e -_-

Name of Respondent This Report 12 D;t; of Report Ynt of Report NORTHEAST NUCLEAR (1) CD An Original W , Da, W COMW (2) O A Resubmission Dec.31.1986 ELECTRIC OPERATING REVENUES (Account 400)

1. Report below operating revenues for each prescribed added for billing purposes, one customer should be cour.ted account, and manufactured gas revenues in total. for each group of meters added. The average number of

2. Report number of customers, columns (f) and (g), on customers means the average of twelve figures at the close the basis of meters, in addition to the number of flat rate of each month.

accounts; except that where separate meter readings are OPERATING REVENUES Title of Account AmoJnt for Amount for Year Previous Year (a) (b) (c) 1 Sales of Electricity 2 (440) Residential Sales 3 (442) Commercial and Industnal Sales 4 Small (or Comm ) (See Instr. 4)

S Large (or ind ) (See Instr. 4) 6 (444) Pubhc Street and Highway Lighting 7 (445) Other Sales to Public Authonties 8 (446) Sales to Railroads and Radways 9 (448) Interdepartmental Sales 10 TOTAL Sales to Ultimate Consumers 11 (447) Sales for Resale 190,407.9'.8 l '14 . 2 7 5 . R 60 12 TOTAL Sales of Electricity 190.407.948* 134.275.860 13 (Less)(449.1) Provision for Rate Refunds 14 TOTAL Reve. Net of Prov. for Refunds 190,407,948 134.275.860 13 Other Operating Revenues 16 (450) Forfeited Discounts 17 (451) Miscellaneous Service Revenues 18 (453) Sales of Water and Water Power 19 (454) Rent from Electne Property 290,S88 1.I50.194 20 (455) Interdepartmental Rents 21 (456) Other Electnc Revenues 22 23 24 25 26 TOTAL Other Operating Revenues 790 588 1.150.194 27 TOTAL Electnc Operating Revenues 190.698.536 135.426.054 O

FERC FORM NO.1 (ED.12 86) Page 300

Name cf Respondent This R: port is: D:t3 of R port Ycar of Report NORTHEAST NUCLEAR (1) 0d An Original (Mo, Da, Yr)

ENERGY COMPANY (2) O A Resubmission Dec. 31,19 86

(~3 ELECTRIC OPERATING REVENUES (Account 400)(Continued)

\_.I

4. Commercial and Industrial Sales, Account 442, may 5, See page 108, important Changes During Year, for be classified according to the basis of classification (Small important new territory added and important rate increases or Commercial, and Large or Industrial) regularly used by or decreases, the respondent if such basis of classification is not generally 6. For lines 2,4,5, and 6, see page 304 for amounts greater than 1000 Kw of demand. (See Account 442 of the relating to unbilled revenue by accounts.

Uniform System of Accounts. Explain basis of classification 7. Include unmetered sales. Provide details of such sales in a footnote.) in a footnote.

MEGAWATT HOURS SOLD AVG. NO. CUSTOMERS PER MONTH Amount for Amount for Number for Number for Line Previous Year Year Previous Year No.

Year (f) (g)

(d) (e) 1 2

3 4

5 6

7 8

9 10 16,308,648 8,119,933 16 2 11 12 p

V 16.308.648** 8.119.933 16 2 13 8,119,933 16 2 14 16,308,648

• Includes $ NONE unbilled revenues.

NONE N1WH relating to unbilled revenues.

• Includes

(

v Page 301 Next Page is 304 FERC FORM NO.1 (ED.12 86)

Nrme of R:spondent This Rrport Is: Data of R: port Yttr of R: port NORTHEAST NUCLEAR (1) G An Original (Mo, Da, Yr)

ENERGY COMPANY Dec.31,19 86 (2) O A Resubrnission SALES OF ELECTRICITY BY RATE SCHEDULES

1. Report below for each rate schedule in effect during the year a general residential schedule and an off peak water heating the kWh of electricity sold, revenue, average number of customers, schedule), the entfes n column (d) for the special schedule should average kWh per customer, and average revenue per kWh. ex- denote the duplication in number of reported customers.

cluding data for Sales for Resale is reported on pages 310-311. 4. The average number of customers should be the number of

2. Provide a subheading and total for each presenbed operating bills rendered dunng the year divided by the number of billing periods revenue account in the sequence followed in " Electric Operating during the year (12 if all billings are made monthly).

Revenues," page 301. If the sales under any rate schedule are 5. For any rate schedule having a fuel adjustment clause state classified in more than one revenue account, list the rate schedule in a footnote the estimated additional revenue billed pursuant and sales data under each apphcable revenue account subheading. thereto.

3. Where the same customers are served under more than one 6. Report amount of unbilled revenue as of end of year for each rate schedule in the same revenue account classification (such as applicable revenue account subheading.

Average KWh of Revenue MWh Sold Revenue Number of Sales per per Line Nurnber and Title of Rate Schedule Customer KWh Sold No.

Customers (b) (c) (d) (e) (f)

(a) 1 2

3 4 NONE 5

6 7

8 9

10 11 12 13 O 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 28 39 .

i 40 1

41 Total Billed 42 Total Unbilled Rev. (See Instr.6) 43 TOTAL Page 304 Next Page is 310 FERC FORM NO.1 (REVISED 12 82)

I Name of Respondent This Report 1s: Date of Report Year of Report NORTilEAST NUCLEAR 0) E] An OrgnJ (Mo. D;, Yr)

ENERGY COMPANY a21 O A Resubm.ss.on Dec. 31. t 9_8f)

SALES FOR RFSALE (Account 447)

1. Report sales during the year to other electric utilities and to of delivery; FP(C), firm power supplying total system re-cities or other public authorities for distnbution to ultimate con- quirements of customer or total requirements at a specific point sumers. of delivery with credit allowed customer for available standby; FPIP), firm power supplementing customer's own generation or

2. Provide in column (a) subheadings and classify sales as to other purchases; DP, dump power; 0, other. Desenbe in a foot-(1) Associated Utilities, (2) Nonassociated Utilities, (3) Muni- note the nature of any sales classified as Other Power. Place an crpalities, (4) Cooperatives, and (5) Other Public Authorities. For "x" in column (c) ef sale involves export across a state kne. Group each sa/e designate statistical classification in column (b) using together sales coded "x" in column (c) by state (or county) of the following codes: FP, firm power supplying total system re- origin identified in column (e), providing a subtotal for each state quirements of customer or total requirements at a specific point (or county) of delivery in columns (1) and (p).

c $ o 5 MW or MVa of Demand 2k $E 2 $$S (Specify which)

Line g y9 yj E{g Po.nt of De6very gef ,

No. 3g 33 gy

,3 oy

$v (State or countyi jES a

Contract Monrmy M***

Annual wu ww mo m$r- Demand o ,no Demono tal thi rci Idi fel  !!I IQI the 1,9 ASSOCIATED UTILITIEE 2

The Connecticut 3

Light and Power 4

g Company *FP Waterford, CT RS 6

Western Massachuset1 ,

7 Electric Company *FP X Waterford, CT RS g Central Maine Power g Company *FP X Waterford, CT RS to Central Vermont 3, Public Service 12 Corporation *FP X Waterford, CT RS 13 Montaup Electric g Company *FP X Waterford, CT RS 15 New England Power 16 Company *FP X Waterford, CT RS 37 Public Service jg Company of New 39 llampshire *FP X Waterford, CT RS 20 The United Illum-21 inating Company *FP Waterford, CT RS 22 Fitchburg Gas 6 21 Electric Energy 24 Cooperative *FP X Waterford, CT RS 25 ilurlington Electric 26 Light Department *FP X Waterford, CT RS 27 Chicopee Municipal 28 Lighting Plant *FP X Wat(-ford, CT RS 29 Massachusetts 30 Municipal Whole-31 sale Electric 32 Company *FP X Waterford, CT RS 33 Lyndonville Elec t r i.~

34 Department *FP X Waterford, CT RS 35 Connecticut Munic-36 1 pal Electric 37 Energy Coopetut ive *FP Waterford, CT RS 38 Vermont Electric 39 Ceneration and 40 Transmission 41 Waterford, CT Cooperative,1nc. *FP X RS 42 .

43 44 (Continued on page 10A)

FERC FORM NO.1 (REVISED 12 dI) Page 310

Date et Report Yeeraf Report Name af Respondent This Report is:

a (1) (3!An Oriennes tuo, De, yr)

NORTIIEAST NUCLEAR pee. 33, gg_8_6 (21 OA Resubmission ENERGY COMPANY SALES FOR RESALE (Account 447) (Continued)

3. Report separately firm, dump, and other power sold to the they are used in the determination of demand charges. Show in column (j) type of demand reading (i.e., instantaneous,15,30, or same utility,

4. If delivery is made at a substation, indicate ownership in col- 80 minutes intearated).

6. For column (1) enter the number of megawatt hours shown umn (f), using the following codes: RS, respondent owned or on the bille rendered to the purchasers.

leased: CS, customer oweeed or leased.

5. If a fixed number of megawatts of maximum demand is 7. Explain in a footnote any amounts entered in column (o),

specified in the power contract as a basis of billings to the such 8. asIffuel or othercovers a contract adjustments. several points of delivery and small customer, enter this number in column (g). Base the number of rnegawatts of maximum demand entered in columns (h) and (i) amounts of electric energy are delivered at each point, such sales on actual monthly readings. Fumish these figures whether or not may be grouped.

REVENUE Voltage Type of Line at Megawatt Demand h Reading Hours Energy Total C hrges Charges foi (p) fyl ski (1) (m) ini 1

2 3

4 345,000 11,560,409 - - 138,660,401 138,660,401 5 N/A 6

345,000 2,701,246 - - 32,621,927 32,621,927 7 N/A 8

146,934 - - 1,270,338 1,270,338 g N/A 345,000 to 11 879,228 879,228 12 N/A 345,000 101,696 - -

13 235,623 - - 2,037,114 2,037,114 14 N/A 345,000 l

717,330 - - 6,201,789 6,201,789 16 N/A 345,000 17 18 167,358 - - 1,446,916 1,446,916 19 N/A 345,000 20 216,580 - - 1,872,477 1,872,477 21 N/A 345,000 22 23 110,266 110,266 24 N/A 345,000 12,754 - -

25

- 22,104 22,104 26

' N/A 345,000 2.557 -

27 685,982 685,982 28 N/A 345,000 79,344 - -

29 30 31

- 2,438,542 2,438,542 32 N/A 345,000 282,054 -

33 24,745 34 2,862 - - 24,745 N/A 345,000 35 j

36 530,239 37 61,330 - - 530,239 N/A 345,000 38 39 40 41 177,846 177,846 N/A 345,000 20,571 - -

42 43 44 (Continued on page 3(IA) Next Page is 320 Page 311 FERC FORM NO.1 (REVISED 12-81) 1

r Name of Respondent This Report is: Date of Leport Year of Report NORTHEAST NUCLEAR II) G An onenei luo, Da, Yr)

FNERGY COMPANY 171 O A Rnubmenson Dec. 31,19_86 SALES FOH RFSALE (Account 447) 1 Report sales during the year to other electric utilities and to of delivery; FPICI, firm power supplying total system re-cities or other public authorities for distnbution to ultimate con- quirements of customer or total requirements at a specific point sumers, of delivery with credit allowed customer for available standby; FP(P), firm power supplementing customer's own generation or

2. Provide in column (a) subheadings and classify sales as to other purchases; DP, dump power; O, other. Describe in a foot-(1) Associated Utilities, (2) Nonassociated Utikties, (3) Muni- note the nature of any sales classified as Other Power. Place an cipahties, (4) Cooperatives, and (5) Other Public Authorities. For "x" in column (c) if sale involves export across a state line. Group each sa/e desegnate statistical classification in column (b) using together sales coded "x" in column (c) by state (or county) of the following codes: FP, firm power supplying total system re. ongin identified in column (e), providing a subtotal for each state quirements of customer or total requirements at a specific point (or county) of delivery in columns (l) and (p).

g l, y j MW or MVa of Demand To ti; u g ; 3 gje (Specify whichl Lina 3

yy $a a3 Point of Dehvery geg No. yg

$b O$

g3 o} IState or countyl f S

$OE Contract Monwy M

Annual

$ Demand DE"'N De tal Ibl ici (dl (el til igt the g,;

1 ASSOCIATED UTILITIEE (Coi ttinu ed) 2 3 Rental of Simula-4 tor Building to S Connecticut 6 Yankee Atomic 7 Power Company 8

9 to 11 Total Sales for Resa le 12 13 15 16 17

• Sales represent rt covery of fuel costs, other station 18 operating expenses and a re turn on equity of Millstr ne 19 Nos. 1, 2 and 3.

20 21 22 21 24 25 26 27 2B 29 30 31 32 33 34 35 30 37 38 39 40 41 42 43 44 FlitC l'URM NO. I IRiiVISED I 2-Mll Page 310 A

This Report is: Dete af Report Yeer 6f Report Nome tf Respondent 113 G^a O'ieinet (Mo, De, Yr)

NORTilEAST NUCLEAR Dec. 31,19b FNFRGY COMPANY (2) OA Raoubmisseon SALES FOR RESALE (Account 447) (Continued)

3. Report separately firm, dump, and other power sold to the they are used in the determination of demand charges. Show in same utility. column (j) type of demand reading (i.e., instantaneous,15,30, or

~ '~

4. If delivery is made at a substation, indicate ownership in col- 00 minutes integrated).

umn (f), using the following codes: RS, respondent owned or on6.the For column (1) enter the number of megawatt hours shown bills rendered to the purchasers.

leased: CS, customer owned or feased,

5. If a fixed number of megawatts of maximum demand is 7. Explain in a footnote any amounts entered in column (o),

specified in the power contract as a basis of billings to the such as fuel or other adjustments.

customer, enter this number in column (g). Base the number of 8. If a contract covers several points of delivery and small megawatts of maximum demand entered in columns (h) and (i) amounts of electric energy are delivered at each point, such sales on actual monthly readings. Fumish these figures whether or not may be grouped.

REVENUE Voltage Type of 8 Megawatt Demand Demand Other Total a-Reading Hours Energy Charges Charge g,9 ggs (Il (m) ini fol Ipl 1

2 3

4 5

6

_ - - 1,428,034 1,428,034 7 8

9 i

10 16,308,648 - - 190,407,948 190,407,948 11 13 O 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 O

42 43 44 Next Page H 320 Page 311 A j FERC FOIOl NO.1 (REVISED 12-81)

tA3meif Respondent This Report is: Date tf Report Yearif Report NORTHEAST NUCLEAR (1) 0l An Onginal (Mo. Da, Yr)

FNERGY COMPANY (2) DA Resubmission Dec. 31,198fl ELECTRIC OPERATION AND MAINTENANCE EXPENSES If the amount for previous year is not derived from previously reported figures, explain in footnotes.

Line Account Amount for Arnount for N r. Current Year Previous Year lel Ibl (cl L

1 1. POWER PRODUCTION EXPENSES Q Operation A. Steam Power Generation L3 i 4 (500) Operation Supervision and Engineering l5 (501) Fuel

6 (502) Steam Expenses

_7_(5031 Steam from Other Sources

__ 8 (Less) (504) Steam Transferred-Cr.

!9 (505) Electric Expenses fl0 (506) Miscellaneous Steam Power Expenses ll (501) Rents TOTAL Operation (Enter Totaloflines 4 thru 11) 12L

_13 i Maintenance

{111 (510) Maintenance Supervision and Engineering 15 ) (511) Maintenance of Structures I6 ] (512) Maintenance of Boiler Plant

[1

[h ](513) i 19 l Maintenance (514) Maintenance of Miscellaneous Steam ofPlantElectric Plant TOTAL Maintenance (Enter Totaloflines 14 thru 18) 13 0 [ TOTAL Power Production Expenses-Steam Power IEnter Torst oflines 72 and 191 III , 8. Nuclear Power Generation 2 Operation 35 (517) Operation Supervision and Engineering 26,115,318 22.364,659

[ (518) Fuel (519) Coolants and Water 5.053.020 2.918.267 JS j6 (520) Steam Expenses 14.074.403 12.156.596 17 (521) Steam from Other Sources

~28 (Less) (522) Steam Transferred-Cr.

, $5 (523) Electric Exrenses 5,279,564 3,775,645 50 (524) Miscellaneous Nuclear Power E=penses 42,767,531 22,839,948 il (525) Rents 4,098,339 1,165,992

'T2 TOTAL Operation (Enter Total of fines 23 thru 31) 97,188,175 65,221,107

,,.'53, Maintenance 34 (528) Maintenance Supervision and Engineering 7.780.863 5.914.474 35 (529) Maintenance of Structures 5,724,710 1,374,131

~S' (530) Maintenance of Reactor Plant Equipment 27.820.372 34.899.109 i 37 (531) Maintenance of Electric Plant 6.199.601 6.156.597 i~38 (532) Maintenance of Miscellaneous Nuclear Plant 2,273,583 1,710.001

~

l 39 TOTAL Maintenance (Enter Total o/ lines 34 thru 381 49,799,129 50,054,512 1 40 TOTAL Pour Production Expenses-Nuclear Power (Enrer Totalof tines 32and 391 147,187,304 115,275,619

' 41 C. Hydraulic Power Generation f42 Operation j3 l (535) Operation Supervision and Engineering i 44 (536) Water for Power f45 (531) Hydraulic Expenses 4G (538) Electric Expenses

_4_7 (539) Miscellaneous Hydraulic Power Generation Expenses 4ij (540) Rents i 49 TOTAL Operation (Enter Totaloflines 43 thru 48)

FERC FOR31 NO.1 (RiiVISED 12 81) Page 320

_ _= .- - - - - -

Name of Respondent This Report is: D:t)cf Report Yz.r cf Report NORTHEAST NUCLEAR (1) El An Original Wo, Da, Yr) 8 ENERGY COMPANY (2) O A Resubmission Dec.31.19.6 ELECTRIC OPERATION AND MAINTENANCE EXPENSES (Continued)

Arnount for Arnount for Line Account Current Year Previous Year (a) (b) (c)

(

50 C. Hydraulic Power Generation (Continued) 51 Maintenance 52 (541) Maintenance Supervision and Engineering

, 53 542) Maintenance of Structures 54 (543) Maintenance of Reservoirs, Dams, and Waterways 55 (544) Maintenance of Electric Plant 56 (545) Maintenance of Miscellaneous Hydraulic Plant 57 TOTAL Maintenance (Enter Total of lines 52 thru 56) 58 TOTAL Power Production Expenses-Hydraulic Power (Enter total of lines 49 and 57) 59 D. Other Power Generation 60 Operation 61 (546) Operation Supervision and Engineering 62 (547) Fuel ,

63 (548) Generation Expenses

64 (549) Miscellaneous Other Power Generation Expenses

65 (550) Rents 66 TOTAL Operation (Enter Total of tones 61 thru 65) 67 Maintenance 68 (551) Maintenance Supervision and Engineering 69 (552) Maintenance of Structures 70 (553) Maintenance of Generating and Electric Plant 71 (554) Maintenance of Miscellaneous Other Power Generation Plant 12 TOTAL Maintenance (Enter Total of lines 68 thru 71) 73 TOTAL Power Production Espenses-Other Power (Enter Totaf ofl#nes 66 and 72)

O' 74 E. Other Power Supply Expenses 75 (555) Purchased Power 76 (556) System Control and Load Dispatching 77 (557) Other Expenses 78 TOTAL Other Power Supply Expenses (Enter Total of lines 75 thru 77) 79 TOTAL Power Producten Expenses (Enrer Toral of lines 20. 40. 58. 73. and 78) 147.187.304 115.275.619 80 2. TRANSMISSION EXPENSES 81 Operation 985.516 I.I36 82 (560) Operation Supervison and Engineering 83 (561) Load Dispatching 84 (562) Statien Expenses  !.805.144 127.I94 85 (563) Overhead Lines Expenses 86 (564) Underground Lines Expenses 87 (565) Transmission of Electricity by Others 4 88 (566) Miscellaneous Transmission Expenses 512.895 -

89 (567) Rents 128,330 3.303,775 j 90 TOTAL Operation (Enter Total of lines 82 thru 89) 91 Maintenance l

(568) Maintenance Supervision and Engineenna 50.987 1.371 92 l 8.874 10.147 93 (569) Maintenance of Structures 94 (570) Maintenance of Station Equ'pment o22.674 36I.678 l

95 (571) Maintenance of overhead Lines 96 (572) Maintenance of underground Lines 97 (573) Maintenance of Miscellaneous Transmission Plant TOTAL Maintenance (Enter Total of lines 92 thru 97) 982.535 373.196 98 TOTAL Transmission Expenses (Enter Total of isnes 90 and 98) 4,286,310 501.526 99 100 3 DISTRIBUTION EXPENSES

101 Operation 102 (580) Operation Supervision and Engineonng 1 FERC FORM NO.1 (REVISED 12 81) Page 321 1

,---.,---.--..n-. , , , - , ..,,,,,g.,. n,._.e. , . , . . , , . . _ , . . - - , . . , , . . - - , - - - . ,__--__,,,.g,,.., , . - , - -

c

~

N:me of Respondent This Report is: Dit; cf Report Ynr of Report (1) T An Original Wo, Da, M NORTIIEAST NUCLEAR ENERGY COMPANY (2) C A Resubmission Dec. 31,19 86 ELECTRIC OPERATION AND MAINTENANCE EXPENSES (Continued) t,ne Account

^'""" ^*""

No Current Year Previous Year (a) (b) rc) 103 3. DISTRIBUTION Expenses ' .;ontinued) 104 (581) Load Dispatching 105 (582) Station Expenses 106 (583) Overhead Line Expenses 107 (584) Underground Line Expenses 108 (585) Street Lighting and Signal System Expenses 109 (586) Meter Expenses 110 (587) Customer Installations Expenses 111 (588) Miscellaneous Expenses 112 (589) Rents 113 TOTAL Operation (Enter Total of knes 102 thru 112) 114 Maintenance 115 (590) Maintenance Supervision and Engineering 116 (591) Maintenance of Structures 117 (592) Maintenance of Station Equipment 118 (593) Marntenance of Overhead lines 119 (594) Maintenance of Underground Lines 120 (595) Maintenance of Line Transformers 121 (596) Maintenance of Street Lighting and Signal Systems 122 (597) Maintenance of Meters 123 (598) Maintenance of Miscellaneous Distribution Plant 124 TOTAL Masntenance (Enter Total of hnes 115 thru 123) 125 TOT AL Distribution Expenses (Enter Total of knes 113 and 124) 126 4. CUSTOMER ACCOUNTS EXPENSES 127 Operation 128 (901) Supervision 129 (902) Meter Reading Expenses 130 (903) Customer Records and Collection Expenses 131 (904) Uncollectible Accounts 132 (905) Miscellaneous Customer Accounts Expenses 133 TOTAL Customer Accounts Expenses (Enter Totalof knes 128 thru 132) 134 5 CUSTOMER SERVICE AND INFORMATIONAL EXPENSES 135 Operation 136 (907) Supervision 137 (908) Customer Amencan Expenses 138 (909) Informational and Instructional Expenses 139 (910) Miscellaneous Customer Service and Informational Expenses 140 TOTAL Cust Service and informational Exp (Enter Totalothnes 136 thru 139) 141 6 SALES EXPENSES 142 Operation 143 (911) Supervision 144 (912) Demonstrating and Selling Expenses 145 (913) Advertising Expenses 146 (916) Miscellaneous Sales Expenses 147 TOTAL Sales Expenses (Enter Total of knes 143 thru 146) 148 7. ADMINISTRATIVE AND GENERAL EXPENSES 149 Operation 150 (920) Administrative and General Salanes 5,690.796 721.911 151 (921) Office Supplies and Expenses 2,508,268 370,974 152 (Less) (922) Administrative Expenses Transferred-Ct 18,915 -

i FERC FORM NO,1 (REVISED 12 81) Page 322

Name of Respondent This Report Is: Dato cf Report Year of Report (1) @ An Original (W De, Yd NORTHEAST NUC1. EAR ENERW CO M (2) O A Resubmission Dec.31,1986

[ ELECTRIC OPERATION AND MAINTENANCE EXPENSES (Continued)

Amount for Amount for une wg Current Year Preves Year No.

(e) (b) (c) 153 7. ADMINISTRATIVE AND GENERAL EXPENSES (Continued) 154 (923) Outsede Services Employed 761.978 233.051 155 (924) Property insurance 7.535.353 3.904.270 156 (925) Injuries and Damages 1.602.220 525.801 157 (926) Employee Pensions and Benefes 7.663.679 3.976.002 158 (927) Franchise Requirements 159 (928) Regulatory Commission Expenses 4.046 2.075 160 (929) Duplicate Charge:-Cr.

._161 (930.1) General Advertising Expenses 162 (930.2) Miscellaneous General Expenses 422.947 66.341 2.790.966 528.614 1P3 (931) Rents 164 TOTAL Operation (Enter Total of lines f 50 thru 763) 28.961.338 10.329.039 165 Maintenance 166 737.682 197.727 (935) Maintenance of General Plant 167 TOTAL Administrative and General Expenses (Enter Total of lines 164 thru 166) 29.699.020 10.526.766 168 TOTAL Electric Operation and Maintenance Expenses (Enter total of 181,172,634 126,303.911 lines 79,99,125,133,140,147, and 167)

O V

NUMBER OF ELECTRIC DEPARTMENT EMPLOYEES 1.The data on number of employees should be reported for employees in a footnote.

the payroll period ending nearest to October 31, or any payroll 3. The number of employees assignable to the electric period ending 60 days before or after October 31. department from joint functions of combination utilities may be

2. If the respondent's payroll for the reporting penod includes determined by estimate, on the basis of employee equivalents.

any special construction personnel, include such employees on Show the estimated number of equivalent employees attributed line 3, and show the number of such special construction to the electric department from joint functions.

1. Payroll Pened Ended (Date) Decernher 27 1986 2 Total Regular Full-Time Employees 773 3 Total Part. Time and Temporary Employees -

4. Total Employees 773 O Page 323 Next Page is 326 FERC FORM NO,1 (REVISED 12 84)

Nems of Respondent This Report is: Date of Report Year of Report NORTHEAST NUCLEAR (1p Q An Orignal (Mo, Da, W)

ENERGY COMPANY in O A nesubm.si.on Dec. 31.19 8_6 PUHCHASED POWER (Account $55)

(Except interchange power)

1. Report power purchased for resale during the year. Report (6) Cooperatives, and (7) Other Public Authorites. For each pur-on page 32s particulars (detads) concerning interchange power chase designate statistical classification in column (b) using the transactions during the year; do not include such figures on this following codes: FP, firm power; OP, dump or surplus power; O, page. other. Describe the nature of any purchases classified as Other

2. Provide in column (a) subheadings and classify purchases Power. Enter an "x" in column (c) if purchase involves import as to: (1) Associated Utilities, (2) Nonassociated Utilities, (3) As. across a state line, sociated Nonutdities, (4) Other Nonutilites, (5) Municipalities, 3. Report separately firm, durnp, and other power purchased i 1

5 E 6 MW o' MV* of De**ad l U"'

T. 5 $h "I $E . 5fS (Specify whrch) l Purchased From MY e Point of Receipt 50 Amage Annual No g3 g "g Mj$ c j{$ Contract MonrNy Mammum 0; 8 E 0; 0,X o d 6 2,E: Demand $'g Demand fal (b) Icl (<tl fel til (g) thI rol 1

2 NONE 3

4 5

6 7

8 9 l 10 11 12 13 14 15 3

18 e

19 20 21 22 23 24 25 2G 21 28 ,

29 30 31 32 33 34 35 36 31 38 39 40 41 42 45 O

I l ItC I/OltM NO.1 (IlliVISED I 2-8I) Page 326

Name of Respondent This Report is: D:t2 of Report Y ,Ir cf Report (1) K] An Original (Mo, Da, Yr)

NORTHEAST NUCLEAR ENERGY COMPANY Dec.31,1986 (2) O A Resubmission O

'd PURCHASED POWER (Account 555)(Continued)

(Except interchange power) from the same company. readings. Furnish thos figures whether they are used or not in

4. If receipt of power is at a substation, indicate ownership the determination of demand charges. Show in Column (j) type in column (f). using the following codes: RS, respondent owned of demand reading (i.e. instantaneous,15,30, or 60 minutes or leased SS, seller owned or leased. integrated).

5. If a fixed number of megawatts of maximum demand is 6. For column (1) enter the number of megawatt hours pur-specified in the power contract as a basis of billing, enter this chased as shown by the power bills rendered to the purchases.

number in column (g). Base the number of megawatts of max- 7. Explain in a footnote any amount entered in column (o),

smum demand shown in columns (h) and (i) on actual monthly such as fuel or other adjustments.

Cost Of Energy Voltage l'"*

Type of Demand at Which Megawatt Demand Energy Other Total Hours Charges Charges Charges (m + n + oj No.

Reading Recewed in; to) (p) til (kl (U (m) 1 NONE 2 3

4 5

6 7

8 9

10 11 12 13 14 b

15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 O

v 44 45 FERC FORM NO.1 (REVISED 12 81) Page 327

Name of Respondent This Report is: D:t2(f Report Year cf Report NORTilEAST NUCLEAR (1) 0 An Original (Mo,Da,YO ENERGY COMPANY (2) O A Resubmission Dec. 31,19B6

SUMMARY

OF INTERCHANGE ACCORDING TO COMPANIES AND POINTS OF INTERCHANGE (included in Account 555)

1. Report below allof the megawatt-hours received and Authonties. For each interchange across a state line place delivered during the year. For receipts and deliveries under an "x" in column (b).

interchange power agreements, show the net charge or 3. Furnish particulars (details of settlements for inter-credit resulting therefrom. change power in a footnote or on a supplemental Page; in-

2. Provide subheadings and classify interchanges as to clude the name of each company, the nature of the transac-(1) Associated Utilities, (2) Nonassociated Utilites, (3) tion, and the dollar amounts involved. If settlement for any Associated Nonutilities, (4) Other Nonutilities, (5) transaction also includes credit or debit amounts other than Municipalities, (6) Cooperatives, and (7) Other Public for increment generation expenses, show such other g Name of Company 4 g Point of Interchange 5 5 s <8at $ez5 m

to cc> tc) w>

1 2 NONE 3

4 5

6 7

8 9

10 11 12 3

15 9

16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 45 FERC FORM NO.1 (ED.12-86) Page 328

D:t] of Report Y ar tf Report Name of Respondent This Report is:

(Mo,Da,Yo NORTilEAST NUCLEAR (1) 8 An Original Dec.31,19 86 ENERGY COMPANY (2) O A Resubmission

(")

SUMMARY

OF INTERCHANGE ACCORDING TO COMPANIES AND POINTS OF INTERC (included in Account 555)

V and billings among the parties to the agreement. If the component amounts separately, in addition to deb #t or credit amount of settlement reported in this schedule for any trans-for increment generation expenses, and give a brief explana- action doea not represent all of the charges and credits tion of the factors and principles under which such other covered b/ the agreement, furnish in a footnote a descrip-component amounts were determined. If such settlement represents the net of debits and credits under an intercon-tion of the other debits and credits and state the amounts and accounts in which such other amounts are included for nection, power pooling, ccordination, or other such arrange-ment, submit a copy of the annual summary of transactions the year.

Megawatt Hours Voltage Amount "

' hi h Delivered Net Difference Settlement g Received intere ,nged (N N te> m tv 1

2 NONE 3 4

5 o 6 7

8 9

l 10 11 12 13 C\ 14 U 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 1 43 i

I O

U/

44 45 1

I Next Page is 332 FERC FORM NO.1 (ED.12 86) Page 329

Name of Respondent This Report is: Dat) of Report Year cf Report NORTilEAST NUCLEAR (1) 00 An Original (Mo, Oa, Yr)

ENERGY COMPANY (2) O A Resubmission Dec. 31,19.86 TRANSMISSION OF ELECTRICITY FOR OR BY OTHERS (Accounts 456 and 565)

(including transactions sometimes referred to as " wheeling")

1. Desenbe below and give partculars of any transactions tiement, included in Account 456 or 565.

by respondent during the year for transmission of electricity for or by others during year, including transactions sometimes re-(e) Nonmonetary settlement, if any, rpemfying the MWh representing compensation for the service, specifying 2 ide sep ate subheadings for : (a) Transmission of whether such power was firm power, dump or other Electrerty for Others (included in Account 456) and (b) Transmis. power, and state basis of settlemeat. if nonmonetary sion of Electncity by Others (Account 565).

settlement was other than MWh describe the nature

3. Furnish the following information in the space below con-cerning each transaction: of such settlement and basis of determination.

(a) Name of company and description of service rendered (f) Other explanations which may be necessary to indicate or received. Designate associated companies. the nature of the reported transactions. Include in such (b) Points of origin and termination of service specifying explanatim as sta'ement of ar.y material services re.

also any transformation service involved.

the accounting recorded to avoid a possible matenal

" # "O

) Moneta ett e ent eceiv op and basis of set. Y*#

NONE O

O FERC FORM NO.1 (REVISED 12-81) Page 332

This Report is: Dit)cf Repoit Year of Report Name of Respondent (1) @ An Original (Mo, Oa, Yr)

NORTHEAST NUCLEAR Dec. 31,19_86 ENERGY COMPANY (2) O A Resubmission

' MISCELLANEOUS GENERAL EXPENSES (Accounting 930.2)(ELECTRIC)

Description Amount Une (a) (b)

M-1 Industry Association Dues 1,748 2 Nuclear Power Research Expenses 3 Other Experimental and General Research Expenses 4 Publishing and Distributing Information and Reports to Stockholders; Trustee, Registrar, and Transfer Agent Fees and Expenses, and Other Expenses of Servicing Outstanding 22,819 Securities of the Respondent 5 Other Expenses (List items of $5,000 or more in this column showing the (1) purpose, (2) recipient and (3) amount of such items. Group amounts of less than $5,000 by classes if the number of items so grouped is shown) 6 Medical Expenses 7

965 8 Miscellaneous (2 Items) 9

{ Pre-emolovment Investientive Servico<:

2,825 12 Miscellaneous (12 Items) 13 14 Fire Departments 15 Miscellaneous (1 Item) 1,100 16 0 17 18 19 Other Miscellaneous Expenses (9 Items) 1,174 Business Association Dues - Non-Industry 22 Miscellaneous (1 Item) 500 23 Northeast Utilities Service Company - Services 285,496 26 Security Facilities 106,320 27 28 29 30 31 l

' 32 1 33 '

34 35 l

36 37 38 39 40 41 42 43 44

!O 46 TOTAL 422,947 FERC FORM NO.1 (ED.12-86) Page 335

Name of Respondent This Report is: Dita of Report Yur cf Report (1) E An Original Wo Da, W NORTHEAST NUCLEAR ENERGY COMPANY Dec, 31,19_8_6 (2) O A Resubmission DEPRECIATION AND AMORTIZATION OF ELECTRIC PLANT (Accounts 403,404,405)

(Except amortization of acquisition adjustments)

1. Report in Section A for the year the amounts for: (a) tions and showing a composite totP.L indicate at the bottom Depreciation Expense (Account 403); (b) Amortization of of section C the manner in which column (b) balances are limited-Term Electric Plant (Account 404); and (c) Amortiza- obtained. If average balances, state the method of averag-tion of Other Electric Plant (Account 405). ing used.

2. Report in section 8 the rates used to compute amor- For columns (c), (d), and (e) report available informa-tization charges for electric plant (Accounts 404 and 405). tion for each plant subaccount, ccount or functional clas-State the basis used to compute the charges and whether sification listed in column (a). If plant mortality studies are any changes have been made in the basis or rates used from prepared to assist in estimating average service lives, show the preceding report year. in column (f) the type mortality curve selected as most

3. Report all available information called for in section C appropriate for the account and in column (g), if avail-every fifth year beginning with report year 1971, reporting an- able, the weighted average remaining life of surviving nually only changes to columns (c) through (g) from the com- plant.

plete report of the preceding year. If composite depreciation accounting is used, report Unless composite depreciation accounting for total available information called for in columns (b) through (g) on depreciable plant is followed, list numerically in column (a) this basis.

each plant subaccount, account or functional classification, 4. If provisions for depreciation were made during the year as appropriate, to which a rate is applied. Identify at the bot- in addition to depreciation provided by application of re-tom of section C the type of plant included in any subaccounts ported rates, state at the bottom of section C the amounts and nature of the provisions and the plant items to which used.

in column (b) report all depreciable plant balances to which related.

rates are applied showing subtotals by functional classifica-A. Summary of Depreciation and Amortization Charges Depreciation Amortization of Amortization of Line Functonal Classification Ex nse Limited-Term electnc Other Electric Total 403 Plant (Acct. 405)

Plant (Acct. 404)

(b) (c) (d) (e)

(a) 1 Intangible Plant 2 Steam Product Plant 522.22s s un 527,565

, 3 Nuclear Production Plant 4 Hydraulic Production Plant-Conventional 5 Hydraulic Production Plant-Pumped Storage 6 Other Production Plant 7 Transmission Plant 8 Distribution Plant 37,350 9 General Plant 37.350 10 Common Plant-Electric TOTAL 559.575(1) 5,340 564,915 11 B. Basis for Amortization Charges Description Commenced Amort. Base Term (Yrs.) 1986 Amortization Fence on Pequot Ave. 1985 $26,258 5 $ 5,340 (1) 1986 Charge to 403 Consists of:

(a) 1986 depreciation expense $584,875 (b) adjust 1985 expense (25.300)

$559,575

O FERC FORM NO.1 (ED.12-86) Page 336

n 7

Name of Respondent This Report is: Da2D of Report Year of Report NORTilEAST NUCLEAR (1) El An Original Wo, Da, Yr)

ENERGY COMPANY (2) O A Resubmission Dec. 31,19 86 DEPRECIATION AND AMORTIZATION OF ELECTRIC PLANT (Continued)

C. Factors Used in Estimating Depreciation Charges g

Depreciable Estimated Net Applied Monthly Average

(" #C,,'count Plant Base (In thousands)

Avg. Service Life Salvage (Percent)

Depr. Rate (s)

(Percent)

Curve Type Remaining Life (a) (b) (c) (d) (e) (f) (g) 12 Nuclear Production 13 321 2,312 14 11.5 321 2,311 20.5 321 2,312 24.5 17 321 2,312 39.5 18 325 1,431 20.5 19 Total Nuclear 20 Production 10,678 21 22 General 391 185 11.5 391 185 20.5 25 26 391 185 24.5 27 391 185 39.5 28 Total 29 General 740 (1) 30 31 Total 11,418 32 35 36 Notes: (1) Excluding plc nt charged to clearing accounts.

e 37 38 39 40 41 42 The provision for depreciation is c amputed on :1 43 straight-line remaining life method based on t ie 44 remaining license lives of the four Nuclear Un its 45 which share t he simulator facilitie s.

46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 h

FERC FORM NO.1 (ED.12-86) Page 337

This Report is: D;ta of Report Yttr cf Report Name of Respondent (1) O An Original (Mo, Da, Yr)

NORTHEAST NUCLEAR ENERGY Dec.31,19_86 COMPANY (2) O A Resubmission DEPRECIATION AND AMORTIZATION OF ELECTRIC PLANT (Continued)

C. Factors Used in Estimating Depreciation Charges Estimated Net Apphed Monthly Average Depreciable une Account SaNage Depr. Rate (s) Curve Remaining Plant Base Avg. Service No* No* Life (Percent) Type Ufe (In thousands) (Percent)

(e) (f) (g)

(a) (b) (c) (d) 64 65 66 67 68 69

., 70 71 72 73 74 75 76 77 78 79 80 81 82 83 84 6

87 88 89 90 91 92 93 94 95 96 97 98 99 100 101

102 103

104 105 106 107 108 109 110 til

! 112 l 113

( 114 115 Next Page is 340 FERC FORM NO.1 (ED.12-86) Page 338

- ~ _ , -

This Report is: Date of Report Year of Report Name of Respondent (1) (E An Original W . Da, W NORTHEAST NUCLEAR ENERGY COMPANY Dec. 31,19__86 (2) O A Resubmission 4 PARTICULARS CONCERNING CERTAIN INCOME DEDUCTIONS AND INTEREST CHARGES ACCOUNTS of less than 5% of each account total for the year (or $1,000, Report the informaton specified below, in the order given, for the respective income deduction and interest charges whichever is greater) may be grouped by classes within j

accounts. Provide a subheading for each account and a total the above accounts.

for the account. Additional columns may be added if deem- (c) Interest on Debt to Associated Companies (Account ed appropriate with respect to any account. 430) - For each associated company to which interest on debt was incurred during the year, indicate the amount and (a) Misce /laneous Amortization (Account 425) - Describe interest rate respectively for (a) advances on notes, (b) ad-the nature of items included in this account, the contra ac-count charged, the total of amortization charges for the year, vances on open account, (c) notes payable. (d) accounts and the period of amortization. payable, and (e) other debt, and total interest. Explain the nature of other debt on which interest was incurred during (b) Miscellaneous locome Deductions - Report the nature, payee, and amount of other income deductions for the year.

the year as required by Accounts 426.1, Donations; 426.2, (d) Other Interest Expense (Account 431) - Report Life Insurance; 426 3. Penalties; 426.4. Expenditures for Cer- particulars (details) including the amount and interest tain Civic, Political and Related Activities; and 426.5, Other ' rate for other interest charges incurred during the Deductions. of the Uniform System of Accounts. Amounts year.

item Amount Line (b)

No. (a) 1 Miscellaneous Amortization (Account 425) 2 NONE 3

4

! Miscellaneous Income Deductions - Donations (Account 426.1) 5 Matching Gift Program 10,690

) 6 Corporate Grants to Higher Education 65,425 7 10,755 8 Miscellaneous (19 Items)

Total Account 426.1 86,870 9

10 4

11 Life Insurance (Account 426.2) 12 NONE 13 Penalties (Account 426.3) 2,242 16 Penalty for late payment of employees' MA State Withholding Tax Total Account 426.3 2,242 17

- 18 19 Expenditures for Certain Civic, Political and Related Activities 20 (Account 426.4) 21 1,808 Miscellaneous (5 Items) 1,808 Total Account 426.4 4

Other Deductions (Account 426.5) 105,454 25 Executive Incentive Compensation Program 26 4,129 4

27 Miscellaneous 109,583 28 Total Account 426.5 200,503 29 Total Account 426 30 4

31 Interest on Debt to Associated Companies (Account 430) 351,060 32 Interest Expense for Money Pool 351,060 33 Total Account 430 34 35 Other Interest Expense (Account 431)

Various 908,743 36 Short-Term Borrowings 37 Interest Expense billed to participants of MP#3 187,673 38 through Funding Statement Various Various 2,554 l Miscellaneous (3 Items) 1,098,970 1

41 Total Account 431 Page 340 Next Page is 350 FERC FORM NO.1 (ED.12-86) 4

- - - - . - _ . . . .,_ .- - - . , _ . _ _ _ , _ , ,___m__--_._7 _. . . _ _ . . . - . . , -

.,_, m -_,.m..

Narne e i Respondent This Report 1s: D_.te tf Heport Year cf Report NORTilEAST NUCLEAR (1) D An Original (Mo, Da, Yr)

ENERGY COMPANY (2) O A Resubmession Dec. 31, igm REGULATORY COMMISSION EXPENSES

1. Report particulars (details) of regulatory commission ex- 2. In columns (b) and (c), indicate whether the expenses were penses incurred during the current year (or incurred in previous assessed by a regulatory body or were otherwise incurred by the years, if being amortized) relating to formal cases before a utility.

regulatory body, or cases in which such a body was a party.

Deferred Descripton Assessed by Expenses in Account Total Lens (furnosh name of regulatory commission or body, Regulatory of Enpenses 186 at No. the docker or case number, and a descnprion Commiss;on Utihty to Date Beginning of the case / Of Year (al tbl trl rd! tel 1

2 Proportionate share of expenses of the 3 Department of Public Utility Control.

4 State of Connecticut 3,394 -

3,394 b

6 Miscellaneous (4 items) -

652 652 7

8 9

10 11 12 13 14 15 16 1

19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 3G 37 38 39 40 41 42 43 44 45 46 TOTAL 3,394 652 4,046 FERC 10101 NO.1 ( REVISED 12-S1) Page 350

Date of Report Year of Report Nerne of Respondent This Report is:

(1) @ An Origind (Mo,De,Yr)

NORTilEAST NUCLEAR Dec.31,19b ENERGY COMPANY (21 O A ResMesion

~

REGULATORY COMMISSION EXPENSES (Continued)

5. List in column (f), (g), and (h) expenses incurred during year

3. Show in column (k) any expenses incurred in prior years which were charged currently to income, plant, or other ac-which are being amortized. List in column (a) the period of amor-counts.

tization. 6. Minor items (less than $25,000) may be grouped.

4. The totale of columne (e), (i), (k), and (1) must agree with the totale shown et the bottom of pose 223 for Account 188.

AMORTIZED DURING YEAR EXPENSES INCURRED DURING YEAR Deferred in CHARGED CURRENTLY TO Account 186, Deterred to Contre Line Account 186 Account End of Year No.

Department Account No. Arnount Igl th) til fil (kl rip til 1 2

3 4

Electric 928 3,394 5

Electric 928 652 6 7

8 9

10 11 12 13 14 15 16 O 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 4,046 46

, FERC FORM NO.1 (REVISED 12 81) Page 351

r -

Name gf Respondent This Report is: Date of Report Year sf Report (1) E] An Original tuo,03, yr)

NORTHEAST NUCLEAR ENERGY COMPANY 121 OA Resubrnession Dec. 31.19.86 RESEARCH, DEVELOPMENT, AND DEMONSTRATION ACTIVITIES

1. Describe and show below costs incurred and accounts b. Fossil-fuel steam charged during the year for technological research, development, c. Internal combustion or gas turbine and demonstration (R, D & D) projects initiated, continued, or d. Nuclear concluded during the year. Report also support given to others e. Unconventional generation during the year for jointly-sponsored projects. (Identify recipient f. Siting and heat rejection regardless of affiliation.) For any R, D & D work carried on by the (2) System Planning, Engineerir.g and Operation r:.spondent in which there is a sharing of costs with others, show (3) Transmission separately the respondent's cost for the year and cost chargeable a. Overhead to others. (See definition of research, development, and b. Underground demonstration in Uruform System of Accounts.) (4) Distribution

2. Indicate in column (a) the applicable classification, as (5) Environment (other than equipment) shown below. Classifications: (6) Other (Classify and include items in excess of A. Electric R, D & D Performed Internally $5,000.1 (1) Generation (7) Total Cost incurred

a. Hydroelectric B. Electric R D & D Performed Externally

i. Recreation, fish, and wildlife (1) Research Support to the Electricsl Research Council ii. Other hydroelectric or the Electric Power Research Institute Una Class.fication Description No.

(al (bl 1 Electric Utility RD&D Performed Internally 2 A. (6) Items under $5,000 (2 Items) 3 A. (7) Total Cost Incurred Internally 4

5 Electric Utility RD&D Performed Externally 6 EPRI NU. Fuel Consolidation MP#2 B. (4) 7 B. (4) - Items under $5,000 (9 Items) 8 B. (7) Total Cost Incurred Internally g 10 Total Electric Utility RD&D Performed Internally and Externally 11 12 13 14 15 16 17 to 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 l

35 36 O

37 38 FERC FORM NO.1 (REVISED 12-31) Page 352

l This Report is: Dete of Report Year of Report Nome of Reepondent (t)131An orieine luo, os, vr>

NORTHEAST NUCLEAR

12) OA Resubmission Dec.3t.1986 ENERGY COMPANY RESEARCH, DEVELOPMENT, AND DEMONSTRATION ACTIVITIES (Continued)

(2) Research Support to Edison Electric Instituto penses during the year or the account to which amounts were (3) Reeeerch Support to Nuclear Power Groups capitalized during the year, listing Account 107, Construction (4) Research Support to Others (Class /fy) Work In Progress, first. Show in column (f) the amounts reisted (5) Total Cost incurred to the account charged in column (e).

3. Include in column (c) sil R, D & D items pode.M intomally 5. Show in column (g) the total unamortized accumulation of and in column (d) those items performed outside the company costs of projects. This total must equal the balance in Account costing $5,000 or more, briefly desenbing the specific area of R, 188, Research, Development, and Demonstration Expenditures, D & D (such as safety, corrosion control, pollution, automation, outstanding at the end of the year.

measurement, insulation, type of appliance, etc.). Group items 6. If costs have not been segregated for R, D & D activities or

~

unde'r $5,000 by classifications and indicate the number of items projects, submit estimates for columns (c), (dr, and (f) w'th such grouped. Under Other, (A.(6) and B.(4)) classify items by type of amounts identified by "F::t."

R, D & D actMty. 7. Report separately research and related testing facilities

4. Show in column (e) the account number char 9ed with ex- operated by the respondent.

A OUNTS GARGED W CURREM YEAR Unamortized Costs Incurred Internetty Coste incurred Extemally Une Account Amount Accumulation No.

Current Year Current Year tel (g)

(c) idl (11 1

2

$ 105 Various $ 105 3

105 105 4

5 6

$ 1,129,661 524 1,129,661 7 7,870 Various 7,870 p 8 C 1,137,531 1,137,531 10 g

S 1,137,531 $1,137,636

$ 105 jj 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 O 36 S

37 38 Page 353 FERC FORM NO.1 (REVISED 12-81)

d Name cf Respondent Th2 Report is: Dato cf Report Year of R: port NORTHEAST NUCLEAR ENERGY H ) @ An Onginal Wo, De, Yr)

COMPANY m O A Resubmission Dec. 31.19_8__b DISTRIBUTION OF SALARIES AND WAGES Report below the distribution of total salaries and wages for the columns provided. In determining this segregation of salaries and yrr. Segregate amounts originally charged to clearing accounts wages originally charged to clearing accounts, a method of ap-to Utility Departments, Construction, Plant Removals, and Other proximation giving substantially correct results may be used.

Accounts, and enter such amounts in the appropriate lines and Ahocation of Lins Direct Payroll

, Payroll Charged for Total No. Distnbution Cleanng Accounts fal tbl fel tdl 1 Electric 2 Oper ation  ;.;.y.;

3 Production 18,910,825 4 Transmission 414 5 Distribution 6 Customer Accounts 7 Customer Service and Informational 8 Sales 9 Administratiw and General 40.682 10 TOTAL Operation (Enter Total of lines J thru 91 18,951,921 11 Maintenance 12 Production 11,237,954 13 Transmission 2,262 14 Distribution 15 Administrative and General 16 TOTAL Maintenance (Enter Total of lines 12 thru 15) 11,240,216 17 Total Operation and Maintenance 18 Production (Enter Total of lines 3 and 12) 30,148,779 1g Transmission (Enter Total of lines 4 and 13) 2,676 20 Distrsbution (Enter Total of Isnes 5 and 14) 21 Customer Acccunts (Transcribe from line 6)

?? Customer Service and Informational (Transcribe from line 7) 23 Sales i Transcribe from line 8) ~..: .:..:..:.~. . .... : .... :. .. .v:::

' ' ' ' ' ~ ' ' ' ' ' ' ' ~~' '

24 Administrative and General (Enter Totalof fines 9 and 15) 40,682 25 TOTAL Operation and Maintenance tTorat oranes ra rarw 24i 30,192,137 698,325 30,890,462 26 Gas 21 Operation 28 Production-Manufactured Gas 29 Production-Natural Gas (including Expl. and Dev.)

30 Other Gas Supoly 31 Storage. LNG Terminaling and Processing 32 Transmission 33 Distribution 34 Customer Accounts 35 Customer Service and informational 36 Sales 37 Administrative and General 38 TOT AL Operation (Enter Total oflines 28 thru 37) 39 Maintenance 40 Production-Manufactured Gas 41 Production-Natural Gas 42 Other Gas Supply 43 Storage, LNG Terminaling and Processing 44 Transmission 4S Distribution 46 Administrative and General 47 TOTAL Maintenance (Enter Totalof fines 40 thru 46)

FERC FORM NO. I (REVISED 12 81) Page 354

Date af Report Year of Report Nome tf Respondent This Report is:

(0 00An Original (Mo. Da. Yr)

NORTHEAST NUCLEAR ENERGY Dec. 31.19_8_6 COMPANY (2) OA Reiubmission DISTRIBUTION OF SALARIES AND WAGES (Continued) p AHocate of Direct Payroi!

Payroll Charged for Tow Une Classification Distribution Clearing Accounts No.

(bl (cl (d) fel Gas (Continued) 48 Total Operation and Maintenance 49 Production-Manuf actured Gas (Enter Toest ofliner 28 and40/

50 Production-Natural Gas (including Expl. and Dev.) (Tots /

ofliner 29 and 41) 51 Other Gas Supoly (Enaer Toeloflines 30 ed42) 52 Storage, LNG Terminating and Processing (Tors / of //nes 31 and 43) 53 Transmission (Enter Tote / oflines 32 and 44) 54 Distribution (Enter Total oflines 33 and 45) 55 Customer Accounts (Transcribe from line 34) 56 Customer Service and informstional (Transcribe from line 35) 57 Sa\es (Transcribe from line 36) 58 Administrative and General (Enter Tota / oflines 37 and 46/

59 TOTAL Operation and Maint.(Tots / oflines 49 thru 58) 60 Other Utility Departments 61 Operation and Maintenance 30,192,137 698,325 30,890,462*

62 TOTAL AlI Utility Dept.(Total of //nes 25,59,and 61) .:w:

63 Utility Plant 64 Construction (By Utility Departments) ..

. 6,209,871- 6,209.871 65 Electric Plant 66 Gas Plant 67 Other 6,209,871*

TOTAL Construction (Enter Total oflines 66 thru 67) 6,209.871 68 69 Plant Removal (By Utility Department) 70 Electric Plant 71 Gas Plant 72 Other 73 TOTAL Plant Removaf (Enter Totaloflines 70 thru 72) 74 Other Accounts (Specify):

75 76 Accounts Receivable from Associated 498,651 77 Companies (Account 146) 438*

78 Injuries and Damages Reserve (Account 228) 79 80

• Rebilled to the owning companies 81 82 83 84 85 86 87 88 89 90 91 l 93 l

94 (698,325) 499,089 1.197",414 l 95 TOTAL Other Accounts 37,599,422 37,599,422 -

96 TOTAL SALARIES AND WAGES Page 355 FERC FORM NO.1 (REVISED 12-81)

e _

Name of Respondent TNs Report is: Date of Report Year of Report NORTilEAST NUCLEAR ENERGY til G An originne tuo, De, Yr)

COMPANY I21 O A Resubmission Dec. 31,19_0.k COMMON UTILITY PLANT AND EXPENSES

1. Describe the property carried in the utility's accounts as allocation and factors used, common utility plant and show the book cost of such plant at end 3. Give for the year the expenses of operation, maintenance, of year classified by accounts as provided by Plant Instruction 13, rents, depreciation, and amortization for common utility ,)lant Common Utility Plant, of the Uniform System of Accounts. Also classified by accounts as provided by the Uniform System of Ac-show the allocation of such plant costs to the respective depart- counts. Show the allocation of such expenses to the departnwnts ,

ments using the common utility plant and explain the basis of using the common utility plant to which such expenses are 1 allocation used, giving the allocation factors. related. Explain the basis of allocation used and give the factors

2. Furnish the accumulated provisions for depreciation and of allocation.

amortization at end of year, showing the amounts and classifica- 4. Give date of approval by the Commission for use of the tions of such accumulated provisions, and amounts allocated to common utility plant classification and reference to order of the utility departments using the common utility plant to which such Commission or other authorization.

accumulated provisions relate, including explanation of basis of NONE O

O Page 356 Next Page is 401 FERC FORM NO.1 (REVISED 12-81)

Dato cf Report Year cf Report This Report is:

Name cf Respondent (13 Q An Original  %, De. Yrl NORTilEAST NUCLEAR ENERGY Dec. 31. is_66 (2) O A Re.ubraission COMPANY n ELECTRIC ENERGY ACCOUNT Report below the information called for concerning the disposition of electric energy generated, purchased, and inter-changed during the year.

une item Megawatt Hours Un* Item Mogewett Hours No- le) (b)

No. (el (b) 20 DISPOSITION OF ENERGY 1 SOURCES OF ENERGY 21 Sales to Ultimate Consumers (including 2 Generation (Excluding Station Use):

Interdepartmental Sales) 3 Steam 16,308,648 22 Sales for Resale 16.308.648 4 Nuclear 23 Energy Furnished Without Charge 5 Hydro-Conventional Hydro-Pumped Storage 24 Energy Used by the Company 6 (Excluding Station Use):

7 Other Electric Department Only Less Energy for Pumping 25 8 Energy Losses:

Net Generation (Enter Total 26 9

16,308,648 27 Transmission and Conversion Losses of //nes 3 thru 8) 28 Distribution Losses 10 Purchases 29 Unaccounted for losses 11 Interchanges:

30 TOTAL Energy Losses 12 in (gross) 31 Energy Losses as Percent of Total 13 Out (gross) -

on Line 19  %

14 Net interchanges (Unos rJendrJJ -

32 TOTAL (Enter Total of lines 2/,

15 Transmission for/by Others (Wheeling) 22, 23, 25, and 301 16,308,648 Received MWh 16 Delivered MWh 17 18 Net Transmission tunes tsend en 19 TOTAL (Enter Total of lines 9,10,14. and f 8) 16,308,648 MONTHLY PEAKS AND OUTPUT =

1. Report below the information called for pertaining to simui- intermingled transactions. Furnish an explanatory no taneous peaks established monthly (in megawatts) and monthly dicates, among other things, the relative significance o output (in megawatt-hours) for the combined sources ofamounts electric deviation from basis otherwise applicable. If the in of such totals are needed for billing under separate rate energy of respondent. schedules and are estimated, give the amount and basis of

2. Report in column (b) the respondent's maximum MW toad as measured by the sum of its coincidental not generation and estirnate.

3. State type of monthly peak reading (instantaneous 15,30, purchases plus or minus net interchange, minus temporary or 60 minutes integrated).

deiiveries (not interchange) of emergency power to another 4. Monthly output is the sum of respondent's net generation system. Show monthly peak including such emergency deliveries for load and purchases plus or minus net interchange and plus or in a footnote and briefly explain the nature of the emergency, There may be cases of commingling of purchases and exchanges minus net transmission or wheeling. Total for the year m and " wheeling," also of direct deliveries by the supplier to with line 19 above.

5. If the respondent has two or more power systems not customers of the reporting utility wherein segregation of MW de- physically connected, fumish the information called for be mand for determination of peaks as specified by this report may be unavailable. In these cases, report peaks which include these each system.

Name of System: NORTHEAST NUCLEAR ENERGY COMPANY MONTHLY PEAK Monthly Output (MWhl Hour Type of Reading' IS88 /n8ff dl M6n'th Mecewette Day of Week Day of Month fe) (fl - I90 (c) (di

'& (b) 5-6 AM 1,110,078 1.512 Tuesday 7 33 January 973,758 February 1.783 Tuondav 18 11-12 N 34 60 1.111.656 9 _ 'M 1 qnn,rdnv ?9 10-11 AM 35 March 11-12 M 1,249,086 April 2,659 Wednesdav 30 36 1,634,966 2.655 Sunday 4 6-7 AM 37 May 16 5-6 PM Minutes 1,840,558 2.671 Monday

~ 38 June 11-12 M 1,742,252 39 July 2.647 Thursdav 10 1,293,782 August 2.645 saturdav 30 11-12 N 40 Integrated 1,517,607 2.618 Mondav 1 3-4 AM 41 September 1.313.389 1.70n q,nivant 11 5-6 AM 42 October 1,281,830 1.805 Fridav 14 7-8 AM 43 November 1,239,686 2.637 Mondnv 29 3-4 PM 44 December 16,308,648 45 TOTAL 4 :W Page 401 FERC FORM NO.1 (REVISED 12-82)

l Narne tf Respondent This Report 1s: Date(f Report Year cf Report NORTHEAST NUCLEAR ENERGY (1) [lAn Original (Mo,De,Yr)

COMPANY (2) OA Resubmission Dec. 31,1986.

STE AM ELECTRIC GENERATING PLANT STATISTICS (Large Plants) 1 Report data for Plant in Service only. average number of employees assegnable to each plant.

2. Large plants are steam ptents with installed capacity (name plate rating) of 6. If gas is used and purchased on a therm bases, report the Stu content of the 25 000 Kw or more. Report on this page gas turbine and mtemal combustum planta gas and the quant;ty of fuel bumed converted to Mcf.

of 10.000 Kw or more, and nuclear plants. 7. Quanates of fuel bumed ihne 38) and everage cost per unit of fuel burned (line

3. Indmate by a footnote any plant leased or operated as a jomt facArr. 41) must be cons 4 stent with charges to expense scCounts 501 and 547 thne 42) as

4. If not peak demand for 60 minutes is not ava.lable give data which e ovastable. shown on kne 21.

specsfymg pered. 8. If more than one fuelis bumed in a plant, furnish only the compos:te heat rate

5. If any employees attend more than one plant, report on kne 11 the approximate for all fuels bumed.

Line item Plant Narne Millstone No. 1 Plant Narne Millstone ao. 2 No tal (b} (c) 1 Kind of Plant (Steam, internal Combustion, Gas Turbine or Nuclear) NUCLEAR NUCLEAR 2 Type of Plant Construction (Conventional, Outdoor Boiler, Full Outdoor, Etc.) FULLY CONTAINED FULLY CONTAINED 3 Year Originally Constructed 1970 1975 4 Year Last Unit was Installed 1970 19/d 5 Total Installed Capacity (Maximum Generator Name Plate Ratings in MW) 661.5 (A) 909.9 (A) 6 Net Peak Demand on Plant-MW (60 minutes) 667.0 (A) 858.0 (A) 7 Plant Hours Connected to Load 8.177 6,354 8 Net Continuous Plant Capability (Megawatts) 9 When Not Limited by Condenser Water 660 860 10 When Limited by Condenser Water (,5 4 857 11 Average Number of Employees '> 1 R 242 12 Net Generation, Exclusive of Plant Use - KWh 5,252,328,000 (B) 5,178,972,000 (B) 13 Cost of Plant: .

14 Land and Land Rights $ 2.752,450 $ 135,624 15 Structures and improvements 102.904.558 169,198,507 16 Equipment Costs 202.424.327 454,314,018 17 Total Cost S 308.081.335 (A) $ 623.648,149 (A) 18 Cost per KW of Installed Capacity (Line 5) 9 466 (A) S 685 (A) 19 Production Expenses: ..

20 Operation Supervision and Engineering < 9.857.913 S 10,893,682 21 Fuel (C) (C) 22 Coolants and Water (Nuclear Plants Only) 1.139.971 2,313,524 23 Steam Expenses 5.851.667' 5.315.795 24 Steam From Other Sources 25 Steam Transferred (Cr.)

26 Electric Expenses 1.703.780 2,073,598 27 Misc. Steam (or Nuclear) Power Expenses 14.155.811 13.513,166 28 Rents 1.000.411 1.921.445 29 Maintenance Supervision and Engineering 2_4gg_479 3.369.896 30 Maintenance of Structures 2.0?? 184 2.404.174 31 Maintenance of Boiler (or Reactor) Plant 5.251.050 19.914.425 32 Maintenance of Electric Plant t /do n75 1.404.019 33 Maint.of Misc. Steam for Nuclear) Plant ~ 718,325 1,032,011 34 Total Production Expenses > 45,640,666 (A) S 66,153,/33 (A) 35 Expenses per Net KWh (C) (C) 36 Fuel: Kind (Coal, Gas, Oil, or Nuclear) 37 Unit: (Coal-tons of 2,000 lb.)(Oil-barrels of 42 gals.)(Gas-Mcf)(Nuclear-indicate) (C) (C) 38 Ouantity (Units) of Fuel Burned 39 Aw;. Heat Cont.of Fuel Burned (Btu per Ib. of coal per gal. of Oel.or per Mct of gast(Give unirif nuclear) 40 Average Cost of Fuel per Unit, as Delivered f.o.b. Plant During Year 41 Average Cost of Fuel per Unit Burned 42 Avg. Cost of Fuel Burned per Million 8tu 43 Avg. Cost of Fuel Burned per KWh Net Gen.

44 Average Btu per K Wh Net Generation

~

FERC FOlut NO.1 (REVISED 12-82) ~~Page 402

i Dits of Report Year of RIport Th2 Report is:

Name of Respondent NORTHEAST NUCLEAR ENERGY (1)E] An oren.: wo.oi.wi Dec.31.19 86 COMPANY (2) D A Resubmission STEAM-ELECTRIC GENER ATING PLANT STATISTICS (Large Plants) (Continued) plant However, sf a gas-turbsne urut functions m a corntaned cycle operation wth a 9 hems under Cost of Plant are based on U S. of A. accounts Production en-conventional steam unet, include the gas turtune wth the steam plant.

O. penses do not mclude Purchased Power. System Control and Load Despatchmg.

and other Espenses classefied as other Power Supply Espenses.

For IC and GT plants. report Ooorsteg Espenses Account Nos. 548 and 549

12. If a n0 clear power generateg paant, briefly explain by footnote tal accountmg rnethod for cost of power generated encluding any excess costs attrt>uted to 10 resserch and deve6opment; (bl types of cost units used for the various components on line 26

• Electric Expensee," and Maintenance Account Nos. 563 and li64 on kne of fuel coot; and (c) any other informative data concoming plant type, fuel used, fuel 32 "Meintenance of Electnc Plaat." indcate paents dee'ened for peek load service. ennchment by type and quantity for the report penod. and other physcal and Desegnate automatcally operew slants. operatmg characteristics of plant If. For a plant equipped wth Jombmations of fosed fuel steem, nuclear steam, a . report each as a separate hydro, eternal combustion or gas turbes equv Plant Name g, Plant Name Plant NameMi 11 cr nn o Nn_ q tel It) No idt I

NUCLEAR (A) These statistics represent 100% of Millstone Nos.

1 and 2. They are repoi ted in the owning 2 FULLY CONTAINED companies' annual report s in the proportion of 81%

1986 The Connecticut Light an.1 Power Company, and 19 7r. - 3 Western Massachusetts Electric Company. 4 1986 5 (B) Net neneration as represented on line 12 represent s 1253 (D) 6 1150 (n) 100% of the kilowatthours. net of on-line station 5356 snrvice. that unre eenerated by Millst;one No.1 and 7 8

Millstone _No._2._ __

9 1144 Compnny (NNECO) itself 10 1142 (C) Nnr r h on n t- Nucionr Fnores 290 anon nne nten rhn nurinnr f u ni nssociate1 with a units 1112 5,877,347,600 (E) Fuel 1 and 2. (lines 35-44)'line expense f

~ statistics for2p nna ro1nen Millstone Nos. I and 213 are reported in the owning companies' annual 14 15 reports based on their respective ownership 16 percentages.

17 (F) , 18 (F)

(D) Thefie_s ta t is t ics_ Jepresent 100% of Millstone No. 3 19 They.are report _ed_in the owning companies' annual 20 renorts based on their respective ownership s 5.116.147 21 (F) vercentaces. See Pace LO3A for a listina of the 22 1.599.525 inint-nienorn of Millstone No. 3 and their 23 2.906.941 vocnnceiro nunorchin norconencos. 24 (E) Net eeneration as represented on line 12 represents 25 nne nf nn-lino s e n t-i nn 26 innv nr enn bilnu,echnne c.

1.50? 1R6 service, that were generated by Millstone No. J 27 13 799_OR1 since the start of commercial operation on 28 1.176.483 79 1 on9 ago April 23, 1986. 30 1.242 429 31 2.652.896 (F) NNECO itself does not oun Millstone No. 3 nor the 1.146.487 related nuclear fuel. I'lant costs (lines 14-17) s 32 33 523,248 fuel expense (line 21) and related statistics 34 33.910.912 (D) (lines 18, 35, and 36-4a), for Millstone No. 3 are 35

S (F) reported in the owning companies annual reports 36 based on the_ir r_e__spective ownershipjercentages. _

37 (F) 38 39 40 41 42 43 44 Page 403 FERC FORM NO.1 (REVISED 12 81)

31, 1986

. Annual' R':ptre of NORTHEAST NUCLEAR ENERGY COMPANY for tha Yarr Endid D2cembir Millstone 3 d Joint-Owners and Ownership Percentages Ownership

- Percentage Company 52.9330%

The Connecticut Light and Power Company 12.2385 Western Massachusetts Electric Company 12.2050 New England Power Company 4.7990 Massachusetts Municipal Wholesale Electric Company 4.0090 Montaup Electric Company 3.6850 The United Illuminating Company 2.8475 Public Service Company of New Hampshire 2.5000 Central Maine Power Company 1.7303 Central Vermont Public Service Corporation 1.3500 Chicopee, MA Municipal Lighting Plant 1.0435 Connecticut Municipal Electric Energy Cooperative 0.3500 Vermont Electric G&T Co-operative 0.2170 Fitchburg Gas & Electric Light Company 0.0487 Village of Lyndonville, VT Electric Dept. 0.0435 City of Burlington, VT Electric Department 100.0000%

TOTAL O

O 403A

Nems tf Respondent TNs Report is: Dateif Report Year af Report NORTHEAST NUCLEAR lil Q^a Ori 8ia*: N , De, Yr)

ENERGY COMPANY (2) O A Resubrnission Dec. 31,19_86 HYDROELECTRIC GENERATING PLANT STATISTICS (Large Plants)

1. Large plants are hydro plants of 10,000 Kw or more of in- 3. If net peak demand for 60 minutes is not available, give that stalled capacity (name plate ratings). which is aveilable, specifying period.

2. If any plant is leased, operated under a license from the 4. If a group of employees attends more than one generating Federal Energy Regulatory Commission, or operated as a joint plant, report on line 11 the approximate average number of facility, indicate such facts in a footnote. If licensed project, give employees assignable to each plant.

project number.

FERC Licensed Project No. FERC Licensed Project No.

Plant Narne Plant Name (a) (b) (c) 1 Kind of Plant (Run-of River or Storage) 2 Type of Plant Construction (Conventional or Outdoor) NONE 3 Year Originally Constructed 4 Year Last Unit was installed 5 Total installed Capacity (Generator Name Plate Ratings in MW) 6 Net Peak Demand on Plant-Megawatts (60 minutes) 7 Plant Hours Connected to Load 8 Net Plant Capability (in megawatts) 9 (a) Under the Most Favorable Oper. Conditions 10 (b) Under the Most Adverse Oper. Conditions 11 Average Number of Employees 12 Net Generation, Exclusive of Plant Use- KWh 13 Cost of Plant:

J4 Land and Land Rights

'u Structures and improvements 16 Reservoirs l Dams, and Waterways 17 Equipment Costs 18 Roads, Railroads, and Bridges 19 TOTAL Cost (Enter Totaloflines 14 thru 18) 20 Cost per KW of installed Capacity (Line 5) 21 Production Expenses:

22 Operation Supervision and Engineering 23 Water for Power 24 Hydraulic Expenses 25 Electric Expenses 26 Misc. Hydraulic Power Generation Expenses 27 Rents 28 Maintenance Supervision and Engineering 29 Maintenance of Structures 30 Maintenance of Reservoirs, Dams, and Waterways 31 Maintenance of Electric Plant 37 Maintenance of Misc. Hydraulic Plant 33 Total Production Expenses (Tots / /ines 22 thru 321 34 Expenses per Net KWh O

FERC FOIOl NO.1 (REVISED 12-82) Page 406

This Report is: 0;t3 of Report Year of Report Name of Respondent (1) CD An ori,nd wo, os, Yr)

NORTHEAST NUCLEAR Dec. 31,19 86 ENERGY COMPANY (2) O A Resutmssion HYDROELECTRIC GENERATING PLANT STATISTICS (Large Plants) (Continued)

5. The items under Cost of Plant represent accounts or com- classified as "Other Power Supply Expenses."

binations of accounts prescribed by the Uniform System of Ac- 6. Report as a separate plant any plant equipped with com-counts. Production Expenses do not include Purchased Power, binations of steam, hydro, internal combustion engine, or gas System Control and Load Dispatching, and Other Expenses turbine equipment.

F ERC Licensed Project No. FERC Lcensed Protect No. FERC Licensed Protect No.

Plant Narne Plant Name Line Plant Name (el Ift (di 1

2 NONE 3

4 5

6 7

8 t-- 9 10 11 12

m. .' 13 14 15 16 17 18 19 20 21 22 23 24 25 26

~ 27

~ 28 29 30 31 32 l

33 34 O

FERC FORM NO.1 (REVISED 12-81) Page 407 7

Name of Respondent This Report is: Date of Report Year of Report NORTHEAST NUCLEAR (1) D An Originnt IMo, De, Yr)

ENERGY COMPANY (2) DA Re.ubmi. ion D.e. ai, is__6 6 PUMPED STORAGE GENERATING PLANT STATISTICS (Large Plants)

1. Large plants are pumped storage plants of 10,000 Kw or 4. If a group of employees attends more than one generating more of installed capacity (name plate ratings). plant, report on line 8 the approximate average number of

2. If any plant is leased, operating under a license from the employees assignable to each plant.

Federal Energy Regulatory Commission, or operated as a joint 5. The items under Cost of Plant represent accounts or com-facility, indicate such facts in a footnote. Give project number. binations of accounts prescribed by the Uniform System of Ac-

3. If net peak demand for 60 minutes is not available, give that counts. Production Expenses do not include Purchased Power, which is available, specifying period. System Control and Load Dispatching, and Other Expenses classified as "Other Power Supply Expenses."

F ERC Ucensed Prolect No.

@ Plant Name No.

item fel (b) 1 Type of Plant _ Construction (Conventional or Outdoor) 2 Year Originally Constructed 3 Year Last Unit was installed mg 4 Tntal Installed Capacity (Generator Name Plate Ratings in MW) 5 Net Peak Demand on Plant-Megawatts (60 minutes) 6 Plant Hours Connected to Load While Generating 7 Net Plant Capabihty (In megawatts):

8 Average Number of Employees 9 Generation Exclusive of Plant Use- KWh 10 Energy Used for Pumping - K Wh 11 Net Output for Load (line 9 minus line 10) - KWh 12 Cost of Plant 13 Land and Land Rights 14 Structures and improvements 15 Reservoirs, Dams and Waterways 16 Water Wheels Turbines, and Generators 17 Accessory Electric Equipment IS Miscellaneous Powerplant Equipment 19 Roads. Radroads, and Bridges

?O TOTAL Cost (Enter Total oflines 13 thru 19) 21 Cost per KW of installed Capacity /line 20 +Iine 4/

22 Production Expenses 23 Operation Supervision and Engineering 24 Water for Power 25 Pumped Storage Expenses 26 Electric Expenses 21 M6scellaneous Pumped Storage Power Generation Expenses 28 Rents 29 Maintenance Supervision and Engineenng 30 Maintenance of Structures 31 Maintenance of Reservoirs, Dams, and Waterways 32 Maintenance of Electne Plant 33 Msntenance of Miscellaneous Pumped Storage Plant 34 Production Exp. Bef ore Pumping E xp. (Enter Tomt oflines 23 thru 33) 35 Pumping Expenses 36 Total Production Expenses (Enter Tomt of lines 34 and 351 31 Expenses per K Wh (Enter result of line 36 divided byLIne 9 i O

FERC FORM NO.1 (REVISED 12-82) Page 408

NIme of Respondent This R: port is: Dits of R port Ym of R: port (1) EO An Original (Mo, Da, Yr)

NORTHEAST NUCLEAR ENERGY COMPANY (2) O A Resubmission Dec.31,1986 PUMPED STORAGE GENERATING PLANT STATISTICS (Large Plants)(Continued)

6. Pumping energy (line 10)is that energy measured as in- or other source that individually provides more than 10 percent put to the plant for pumping purposes. of the total energy used for pumping, and production expenses

7. Include on line 35 the cost of energy used in pumping into per net MWH as reported herein for each source described.

the storage reservoir. When this item cannot be accurately com- Group together stations and other sources which individually pro-puted, leave lines 35,36 and 37 blank and describe at the bot- vide less than 10 percent of total pumping energy. If contracts tom of the schedule the company's principal sources of pump- are made with others to purchase power for pumping, give the ing power, the estimated amounts of energy from each station supplier, contract number, and date of contract.

FERC Licensed Project No. FERC Licensed Project No. FERC Licensed Project No. "'

Punt Name Plant Name Plant Name (d) (ep (c) 1 2

NONE 3 4

5 6

7 i 8 9

10 11 12 13 14 O 17 18 19 20 21 22 23 24 i 25 26 27

• 28 29 30 31 32 33 34 35

' 36 37 I

O l

l FERC FORM NO.1 (REVISED 12 81) Page 409 c

+

Name of Respondent This Report is: Date of Report Year of Report NORTHEAST NUCLEAR (1) 50 An Original Wo, Da, W ENERGY COMPANY Dec. 31,1986 (2) O A Resubmission GENERATING PLANT STATISTICS (Small Plants)

1. Small generating plants are steam plants of less than 25,000 2. Designate any plant leased from others, operated under a Kw; internal combustion and gas turbine plants, conventional hydro license from the Federal Energy Regulato:y Commission, or op.

plants and pumped storage plants of less than 10.000 Kw installed ersted as a joint facility, and give a concise statement of the facts in capacity (name plate rating). a footnote. If licensed project, give project number in footnote.

Installed Net Net Year Capacity- Peak Generation U"'

Name of Plant Ong. Name Plate Demand Excluding Cost of Plant N

Const. Rating MW Plant (In MW) (60 Min.) Use (a) (b) (c) (d) (e) (f) 1 Expenses associated with Connect-2 icut Yankee Atomic Power Company' s 3 share of Simulator Building Not Applicable 4

5 6

7 8

9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 FERC FORM NO.1 (ED.12 86) Page 410

This R; port Is: Data of R port Yttr of Report

' Nuns cf Respondent (1) @ An Original (Mo, Da, Yr)

NORTilEAST NUCLEAR Dec. 31,19.86 ENERGY COMPANY (2) O A Resubmission GENERATING PLANT STATISTICS (Small Plants)(Continued)

3. List plants appropnateh under subheadings for steam, hydro, 5. If any plant is equipped with combinations of steam, hydro

[ internal combustion or gas turbine equipment, report each as a I nuclear, internal combustion and gas turbine plants. For nuclear, see instruction 11, page 403. separate plant. However,if the exhaust hrat from the gas turbine is utihzed in a steam turbine regenerative feed wster cycle, or for

4. If net peak demand for 60 minutesis not available, give that which is available, specifying period. preheated combustion air in a boiler, report as one plant.

Production Expenses Plant Fuel Cost Cost Line Kind (In cents Per MW Inst " " "*"#' U' P "'I" " "

Enc't. Fuel Fuel Stu)

Capacity (Q (j) (k) (1)

(9) (h) 1 2

$55,922 3

$1,424,049 4 5

6 7

8 9

10 11 12 13 14 6

17 18 19 20 21 22 23 24 25

' 26 27 28 29 i

30 i

' 31 32 33 34 35 36 37 38 39 l 40 41 4

42 43 O 44 45 46 Page 411 Next Page is 422 FERC FORM NO.1 (ED.12-86)

N:me of R;spondent This R: port Is: Dats of R: port Year of Report NORTiiEAST NUCLEAR (1) 10 An Original (Mo. Da, Yr)

ENERGY COMPANY (2) O A Resubmission Dec. 31,19 86 TRANSMISSION LINE STATISTICS

1. Report information concerning transmission lines, cost of transmission line has more than one type of supporting struc-larus, and expenses for year. List each transmission line having ture, indicate the mileage of each type of construction by the nominal voltage of 132 kilovolts or greater. Report transmission use of brackets and extra lines. Minor portions of a transmission lints below these voltages in group totals only for each voltage. line of a different type of construction need not be distinguished

2. Transmission lines include alllines covered by the definition from the remainder of the line.

of transmission system plant as given in the Uniform System of 6. Report in columns (f) and (g) the total pole miles of each Accounts. Do not report substaten costs and expenses on this page. transmission line. Show in column (f) the pole miles of line on

3. Report data by individual lines for all voltages if so required structures the cost of which is reported for the line designated; by a State commission. conversely, show in column (g) the pole miles of line on struc-

4. Exclude from this page any transmission lines for which tures the cost of which is reported for another line. Report pole plant costs are included in Account 121, Nonutility Property. miles of line on leased or partly owned structures in column (g).

5. Indicate whether the type of supporting structure reported in a footnote, explain the basis of such occupancy and state in column (e) is: ( t) single pole, wood, or steel; (2) H-frame, wood, whether expenses with respect to such structures are included or steel poles; (3) tower; or (4) underground construction. If a .in the expenses reported for the line designated.

VOLTAGE LENGTH (Pole Miles)

DESIGNATlON (Indicate where other than y ng (In the case of underground numg,7 Line 60 cycle, 3 phase) Irnes, report circuit Insles) n, Su porting n tructures of On Stmeturesof NB From To Operating Designed Line Designated Another Line (a) (b) (c) (d) (e) (f) (g) (h) 1 2 NONE 3

4 5

6 8

9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 35 G

36 TOTAL FERC FORM NO.1 (REVISED 12 81) Page 422

Date of R: port Year of Report Name.of RMpondent This Report is:

(1) @ An Original (MO 08. YO NORTHEAST NUCLEAR Dec. 31,19_86 ENERGY COMPANY (2) O A Resubrnission TRANSMISSION LINE STATISTICS (Continued) operates or shares in the operation of, furnish a succinct state-

7. Do not report the same transmission line structure twice, ment explaining the arrangement and giving particulars (details)

Report lower voltage lines and higher voltage lines as one line. of such rnatters as percent ownership by respondent in the line, Designate in a footnote if you do not include lower voltage lines name of co-owner, basis of sharing expenses of the line, and with higher voltage lines. If two or more transmission line struc- how the expenses borne by the respondent are accounted for, tures support fines of the same voltage, report the pole miles and accounts affected. Specify whether lessor, co-owner, or of the primary structure in column (f) and the pole miles of the other party is an associated company.

other line(s) in column (g).

9. Designate any transmission line leased to another com-

8. Designate any transmission line or portion thereof for pany and give name of lessee, date and terms of lease, annual which the respondent is not the . cole owner. If such property is rent for year, and how determined. Specify whether lessee is teased from another company, give name of lessor, date and an associated company.

tzrms of lease, and amount of rent for year. For any transmis-

10. Base the plant cost figures called for in columns (j) to sion line other than a leased line, or portion thereof, for which (1) on the book cost at end of year.

the respondent is not the sole owner but which the respondent COST OF UNE EXPENSES, EXCEPT DEPRECIATION AND TAXES (Include in column (j) land, land rights, and Une gg, of cleanng rigWwad Conductor tal F 8U " *" "*"C' Rents and Material Construction and Total Cost Expenses d Expenses Expenses Other Costs (p)

(m) (n) (o)

(j) (k) (I)

(i) 1 2

NONE 3 4

5 6

7 8

L 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 FERC FORM NO.1 (REVISED 12 81) Page 423

N:me of Respondent This Report is: Dits of Report Ynr of Report NORTHEAST NUCLEAR (1) R] An Original (Mo, 02, Yr)

ENERGY COMPANY (2) C A Resubmission Dec. 31,19 86 TRANSMISSION LINES ADDED DURING YEAR 1, Report below the information called for concerning underground construction and show each transmission line transmission lines added or altered during the year. It is not separately. If actual costs of completed construction are not necessary to report minor revisions of lines. readily available for reporting calumns (l) to (o), it is permissi-

2. Provide separate subheadings for overhead and ble to report in these columns the estimated final completion SUPPORTING CIRCUlTS PER LINE DESIGNATION STRUCTURE STRUCTURE Line Length Avera e "f

o From To i Type Nu r Present t

t Miles (al (b) (c) (d) (e) (f) Ig) l NONE 2

3 4

5 6

7 8

9 10 11 12 13 14 17 O

18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 44 TOTAL O

FERC FORM NO.1 (ED.12-86) Page 424 l

4 This Report is: Dita of Report Year of RIport N me cf Respondent (1) @ An Original (Mo,Da,YO NORTHEAST NUCLEAR Dec.31,19_86 ENERGY COMPANY (2) O A Resubmission TRANSMISSION LINES ADDED DURING YEAR (Continued) costs. Designate, however, if estimated amounts are 3. If design voltage differs from operating voltage, indicate such f act by footnote; also where line is other than reported. include costs of Clearing Land and Rights-of-Way, and Roads and Trails, in column (1) with appropriate foot- 60 cycle, 3 phase, indicate such other character-note, and costs of Underground Conduit in column (m). istic.

LINE COST CONDUCTORS Config- Land Poles, uration V0$9' and Towers, Conduc-(Oper- tors and Line Size SW- and ating)

Land and Device Total No.

cation Spacing Rights Fixtures 4

(k) Q) (m) ' (n) (o) gn) (1) Q)

, 1 NONE 2 3

4

] 5 6

7 8

9 10 11 12 13 14 15

=

O 17 18 19 i

^

20 i 21 22 i

23 24

' 25 I 26 27 28 29 30

' 31 32 33 34 35 36 37 38

' 39 40 41

,O I' 44 l

FERC FORM NO.1 (ED.12-86) Page 425 i

i l

1 Name of Respondent This Report is: dad of Report Year cf Report (Mo, Da, Yr) l NORTHEAST NUCLEAR (1) [9 An Original ENERGY COMPANY (2) O A Resubmission Dec.31,1986 SUBSTATIONS

1. Report below the information called for concern- be grouped according to functional character, but the ing substations of the respondent as of the end of the number of such substations must be shown.

year. 4. Indicate in column (b) the functional character of each

2. Substations which serve only one industrial or street substation, designating whether transmission or distribution railway customer should not be listed below. and whether attended or unattended. At the end of the page,

3. Substations with capacities of less than 10,000 Kva, summarize according to function the capacities reported for except those serving customers with energy for resale, may the individual stations in column (f).

VOLTAGE (in MVa)

Line Name and Location of Substation Character of Substation No.

Primary Secondary Tertiary (a) (b) (c) id) (e)

I NONE 2

3 4

5 6

7 8

9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 h

l FERC FORM NO.1 (ED.12 86) Page 42G l

This R port is: Dit2 of R port Yttr cf Report Name of Respondent (1) [3 An Original (Mo, Da, Yr)

NORTHEAST NUCLEAR Dec.31,1986 ENERGY COMPANY (2) O A Resubmission

/

SUBSTATIONS (Continued)

5. Show in columns (i), (j), and (k) special equipment such of lessor, date and period of lease, and annual rent. For any substation or equipment operated other than by reason of sole as rotary converters, rectifiers, condensers, etc. and aux-ownership or lease, give name of co-owner or other party, ex-iliary equipment for increasing capacity.

6. Designate substations or major litems of equipment plain basis of sharing expenses or other accounting between leased from others, jointly owned with others, or operated other- the parties, and state amounts and accounts affected in respon-dent's books of account. Specify in each case whether lessor, wise than by reason of sole ownership by the respondent. For co-owner, or other party is an associated company.

any substation or equipment operated under lease, give name CONVERSION APPARATUS AND SPECIAL EQUIPMENT Capacity of Number of Number of Spare Line Substation Trans-formers Trans- umW Total No.

(in Service) ,

Type of Equipment of Units Capacity in Service formers (In MVa)

N 0) th) tr> te> th) 1 2

, NONE 3

i 4

5 6

7 8

9 10 O 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 O 40 FERC FORM NO.1 (ED.12 86) Page 427 j

l

-~-a- gyo- -p <= w - g-- -- -,9 ,, - -e a4-- n,-,wy-

Name of Respondent This Report is: D;ta cf Report Year cf Report NORTHEAST NUCLEAR (1) [0 An Original (Mo, Da, Yr)

ENERGY COMPANY (2) O A Resubmission Dec. 31,19 86 ELECTRIC DISTRIBUTION METERS AND LINE TRANSFORMERS

1. Report below the information called for concerning lease, give name of lessor, date and period of lease, and an-distribution watt-hour meters and line transformers, nual rent. If 500 or more meters or line transformers are held

2. Include Watt-hour demand distribution meters, but not other than by reason of sole ownership or lease, give name external demand meters. of co-owner or other party, explain basis of accounting for

3. Show in a footnote the number of distribution watt-hour expenses between the parties, and state amounts and ac-meters or line transformers held by the respondent under counts affected in respondent's books of account. Specify lease from others, jointly owned with others, or held other- in each case whether lessor, co-owner, or other party is an wise than by reason of sole ownership by the respondent. associated company.

If 500 or more meters or hne transformers are held under a LINE TRANSFORMERS Line Number of Watt Hour No. Meters Number Total Capacity (in MVa) ta) (b) (c) (cr) 1 Number at Beginning of Year vnvr 2 Additions During Year 3 Purchases 4 Associated with utility Plant Acquired 5 TOTAL Additions (Enter Total of lines 3 and 4) 6 Reductions During Year 7 Retirements 8 Associated with Utility Plant Sold 9 TOTAL Reductions (Enter Totaloflines 7 and8) 10 Number at End of year (Lines 7 + 5 - 9) 11 in Stock 12 Locked Meters on Customers' Premises 13 Inactive Transformers on System 14 In Customers' Use 15 In Company's Use TOTAL End of year (Enter Total of lines 16 11 to 15. This line should equalline 10.)

O FERC FORM NO.1 (ED.12 86) Page 429

Nune of R:spondent This R: port is: Data of R: port Ysu of R: port (1) CD An Original (Mo, Da, Yr)

NORTilEAST NUCLEAR ENERGY (2) O A Resubmission Dec. 31,19_86 COMPANY p ENVIRONMENTAL PROTECTION FACILITIES or low sulfur fuels including storage and handl-3

1. For purposes of this response, environmental protec-tson f acilities shall be defined as any building, structure, equip- ing equipment ment, facility, or improvement designed and constructed (3) Monitoring equipment solely for :ontrol, reduction, prevention or abatement of (4) Other.

discharges or releases into the environment of gaseous, B. Water pollution control facilities:

liquid, or solid substances, heat, noise or for the control, - (1) Cooling towers, ponds, piping, pumps, etc.

reduction, prevention, or abatement of any other adverse im- (2) Waste water treatment equipment pact of an activity on the environment. (3) Sanitary waste disposal equipment

2. Report the differences in cost of facilities installed for (4) Oilinterceptors environmental considerations over the cost of alternative (5) Sediment control facilities (6) Monitoring equipment facilities which would otherwise be used without environ-mental considerations. Use the best engineering design (7) Other.

achievable without environmental restrictions as the basis for C. Solid waste disposal costs:

determining costs without environeminal considerations. It . (1) Ash handling and disposal equipment is not intended that special design studies be made for pur. (2) Land poses of this response. Base the response on the best (3) Settling ponds engineering judgement where direct comparisons are not (4) Other.

available. D. Noise abatement equipment:

Include in these differences in costs the costs or (1) Structures estimated costs of environmental protection facilities in serv- (2) Mufflers ice, constructed or modified in connection with the produc- (3) Sound proofing equipment tion, transmission, and distribution of electrical energy and (4) Monitoring equipment shall be reported herein for all such environmental facilities (5) Other.

placed in service on or after January 1,1969, so long as it E. Esthetic costs:

is readily determinable that such facilities were constructed (1) Architectural costs or modified for environmental rather than operational pur- (2) Towers poses. Also report similar expenditures for environmental (3) Underground lines plant included in construction work in progress. Estimate the (4) Landscaping

J cost of facilities when the original cost is not available or (5) Other.

facilities are jointly owned with another utility, provided the F. Additional plant capacity necessary due to restricted output from existing facilities, or addi-respondent explains the basis of such estimations.

Examples of these costs would include a portion of the tion of pollution control facilities.

costs of tall smokestacks, underground lines, and landscaped G. Miscellaneous:

substations. Explain such costs in a footnote. (1) Preparation of environmental reports

3. In the cost of facilities reported on this page, include (2) Fish and wildlife plants included in Accounts an estimated portion of the cost of plant that is or will be used 330, 331, 332, and 335.

to provide power to operate associated environmental pro- (3) Parks and refated facilities tection facilities. These costs may be estimated on a percent. (4) Other,

5. In those instances when costs are composites of both age of plant basis. Explain such estimations in a footnote.

4. Report all costs under the major classifications provided actual supportable costs and estimates of costs, specify in below and include, as a minimum, the items listed hereunder: column (g) the actual costs that are included in cof-A. Air pollution control facilities: umn (f).

(1) Scrubbers, percipitators, tall smokestacks, etc. 6. Report construction work in progress relating to en-(2) Changes necessary to accommodate use of vironmental facilities at line 9.

environmentally clean fuels such as low ash CHANGES DURING YEAR Balance Balance at Actual

"* B nning Classification of Cost Retirements Adjustments Cost Additions 8h (e) (f) (g)

(a) (b) (c) id) 221,760 6,438 1 Air Pollution Control Facilities 221.760 180,503 1.056.?Aq l,056,289 2 Water Pollution Control Facihties 355 355 3 Solid Waste Disposal Costs 355 Noise Abatement Equipment 70.498 70,498 4

32,301 7,301 5 Esthetic Costs 29.219 3.062 gm 6 Additional Plant Capacity 81.467

'y) 7 Miscellaneous (identity significant) i in _9g9 2.561.423

~

3,062 I.183.282 2,564,485 276,064 8 TOTAL (Total ot hnes 7 thru 7) 6,023,0186,023,018 9 Construction Work in Progress 5,885,316 FERC FORM NO.1 (ED.12 86) Page 430

r -

N:me of Respondent This R; port is: Dits of Report Ytar of Report NORTilEAST NUCLEAR (1) CD An Originil (Mo, Da, Yr)

ENERGY COMPANY (2) O A Resubmission Dec. 31,19_86 ENVIRONMENTAL PROTECTION EXPENSES

1. Show below expenses incurred in connection with vironmentally preferable fud or environmental regula-the use of environmental protection facilities, the cost of tions of govemmental bodi?s. Base the price of replace-which are reported on page 428. Where it is necessary ment power purchased on the average system price of that allocations and/or estimates of costs be made, state purchased power if the actual cost of such replacement the basis or method used. power is not known. Price internally generated replace-

2. Include below the costs incurred due to the opera- ment power at the system average cost of power tion of environmental protection equipment, facilities, and generated if the actual cost of specific replacement programs. generation is not known.

3. Report expenses under the subheadings listed 6. Under item 8 include ad valorem and other taxes below, assessed directly on or directly relatable to environmental

4. Under item 6 report the difference in cost between facilities. Also include under item 8 licensing and similar environmentally clean fuels and the alternative fuels that fees on such facilities.

would otherwise be used and are available for use. 7. In those instances where expenses are composed

5. Under item 7 include the cost of replacement of both actual supportable data and estimates of costs, power, purchased or generated, to compensate for the specify in column (c) the actual expenses that are in-deficiency in output from existing plants due to the addi- cluded in column (b).

tion of pollution control equipment, use of alternate en-Une Classification of Expenses Amount

• Actual Expenses No.

(a) (b) (c) 1 Depreciation 131,480 2 Labor, Maintenanco, Materials, and Supplies Cost Related to Env.

Facilities and Programs 1,686,285 3 Fuel Related Costs 4 Operation of Facilities 5 Fly Ash and Sulfur Sludge Removal 6 Difference in Cost of Environmentally Clean Fuels 7 Replacement Power Costs 8 Taxes and Fees 13,174 9 Administrative and General 51.576 10 Other (Identify significant) 11 TOTAL 1.882.515

• All amounts shown in column (b) are actual expenses.

O Page 431 9 '*

FERC FORM NO.1 (ED.12-86)

This Report I;: Dat) of Ropcit Year of Report

'Name cf Respondent (1) 09 An Original (Mo, Os, Yr)

NORTilEAST NUCLEAR Dec. 31,19 8.6 ENERGY COMPANY (2) O A Resubmission FOOTNOTE DATA O

v Page item Column Comments Number Number Number M M ,

M (a)

All Footnotes are included on those pages to which they apply.

l

\

\

Page 450 FERC FORM NO.1 (REVISED 12-81) i t -

r -

INDEX Schedule Page No.

1 Accrued and prepaid taxes . . . .. . . 262-263 Accumulated Deferred income Taxes . . . . 234 272 277 Accumulated provisions for depreciation of common utility plant . . . . 356 utility plant . . .

219 utility plant (summary) .

200-201 Advances from associated companies . . . . . 256-257 Amortization miscellaneous . 340 of nuclear fuel 202-203 Apolication of Funds for the year, Source and . . . .

. 120-121 Appropriations of Retained Earnings . . 118-119 Associated Companies advances from . 255 257 corporations controlled by respondent . 103 control over respondent . . . . . 102 interest on debt to 256-257 Attestation 1 Balance sheet comparative 110-113 notes to . 122-123 Bonds. . 256-257 Capital Stock . 251 discount. . . . 254 expense.

installments received . .

. 254 252 h

premiums . . .. 252 reacquired . . 251 subsenbed . 252 Changes important during year. 108-109 Construction overheads, electric . . . . 217 overhead procedures, general description of . 218 work in progress - common utility plant . . 356 work in progress - electric. . 216 work in progress - other utility departments . . 200-201 Control corporations controlled by respondent 103 over respondent . . 102 security holders and voting powers, 106-107 Corporation controlled by . . . 103 incorporated . . 101 CPA, background information on . 101 CPA Certification, this report form . . I-il O

FERC FORM NO.1 (ED.12-86) Index 1

INDEX (Continued)

Page No.

- Schedule ,

D U Deferred

. .. . .. . .. . . 269 credits, other. . . . , . . .. ....

debts, miscellaneous .. ..... . .. .. . .. .. . . . 233 income taxes accumulated - accelerated amortization property . . . .. .. . . . . . .. . . 272 273

~ income taxes accumulated - other property. . . . . . ... . . . . 274-275 276-277 income taxes accumulated - other . . . . . . . . .. . . . . .

income taxes accumulated - pollution control facilities . . .. .. . . . . . 234 iii .

Definitions, this report form . . . .. . .. . .. . . .. . .. . . . . . .

- Depreciation and amortization of common utility plant. . .... . ... . . 356 of electric plant. , . .. . . ... . . .. . . .. .. . 219 336-338

.. . ... 105 Directors . .

254 Discount on capital stock . .. .. .. . . .. . . .

Discount - premium on long-term debt . . . . . . . 256-257 Distribution of salaries and wages. . . , . .. . 354-355 118-119 Dividend appropriations . ... ,. . . . . ... . . . .

118-119 Earnings, Retained . . .. . . .... .. . .. .. . . . . .

401 Electric energy account . .. . . .. . . .. .

Environmental protection 431 expenses,.. . .. .. . . . .. . ... . .

. . . . 430 facilities . .. . . . .. . .. .

Expenses

. . 320-323 electric operation and maintenance . . .. .. .. . . ...

323 electric operation and maintenance, summary. . .. . . . . .

256 unamortized debt . . . . . . . .. . . ....... . .

' .. . .. . 230 Extraordinary property losses. . . . .

. . 1-ii Filing requirements, this report form . ... .

Funds

. . 120-121 application of . . . ... . .. . . .. . . . .

120-121 sources of . . . . . . . . ... . . . . . .

218 General description of construction overhead procedure. . . . . . . . ,

.. . 101 General information .

. . . i vi General instructions .. .

Generating plant statistics

. . . . . . 406-407 hydroelectric (large) . . . . . .. ... . . ....

.. . . . 408-409 pumped storage (large) . . ... . .

410-411 small plants. . . ... . . . .. .. .. . . .. . ..

. . . . 402-403 steam-electric (large) .. .. ...... . ... . .

. . . . 406-407 Hydro-electric generating plant statistics. . . . .. . .. .

.. ........ 101 Identification . . . . .. .. . . . . .. .

108-109 Important changes during year .. . . .

income

. . . . 114 117 statement of, by departments . . ... . ... . . .

114 117 statement of, for the year (see also revenues). . . ..... . . .

deductions, interest on debt to associated companies .. . . . .. 340 deductions, miscellaneous amortization . . .. . .. ... ... .. . . . . 340 deductions, other income deduction . . ... .. . . .. .. . . 340 deductions, other interest charges . . . .. . .. ... .. . . . . 340

. . . 101 Incorporation information . . . .. , .. . .

252 Installments received on capital stock. . .. . .. ..

. . 328-329 Interchange power ... . .. . . .. .. .

FERC FORM NO.1 (ED.12 86) Index 2 i

(

INDEX (Continued)

Schedule Page No.

Interest charges, on debt to associated companies . .. .. . 340 charges, other . . .. . . 340 charges, paid on long-term debt, advances, etc. . . . . .. 256-257 investments nonutility property. . . .. .. .. . . ... 221 subsidiary companies . . . . 224-225 Investment tax credits, accumulated deferred .. . 266-267 Law, excerpts applicable to this report form . ... . . . .. . iii-iv List of schedules, this report form . . . . . 2-4 Long-term debt .. . . . .. . .. 256-257 Losses - Extraordinary property ... . . .. .. . . . 230 Materials and supplies . .

~

.. ... 227 Meters and line transformers . . . . .. 429 Miscellaneous general expenses . . . . . 335 Notes to balance sheet . . . . 122-123 to statement of changes in financial position . . . 122-123 to statement of income . . 122-123 to statement of retained earnings . . . 122-123 Nonutility property. . .. .... . 221 Nuclear fuel materials. . . 202 203 Nuclear generating plant, statistics . . .:5 -'404 Number of Electric Department Employees .. .. . 323 Officers and officers' salaries. . . .. 104 Operating expenses - electric. . . . .. 320-323 expenses - electric (summary) .. . . . . 323 Other paid-in capital . . . . . . 253 donations received from stockholders. . . . 253 gains on resale or cancellation of reacquired capital stock . . . ..:. . 253 miscellaneous paid-in capital. . . 253 reduction in par or stated value of capital stock . .. 253 Overhead, construction - electric. . . . 217 Peaks, monthly, and output . . .. . . . . ... . . 401 Plant, Common utility accumulated provision for depreciation . . .. . 356 acquisition adjustments .. . . .. 356 allocated to utility departments . . .. . 356 completed construction not classified . . . .. 356 construction work in progress . .. 356 expenses... .. 356 held for future use . ... . . 356 in service .. . . . ... 356 leased to others . . . .. . .. . . . . . . 356 Plant data . . . .. . . .. . ... .. .. 217-218 336-338 401-429 O

FERC FORM NO.1 (ED.12-86) Index 3

INDEX (Continued)

Schedule Page No.

fg k) - Plant - electric accumulated provision for depreciation . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 219 construction work in progress . . . . . . . . . . . . . . ; . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 216 held for future use . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 214 inservice.................................................................. 204-207 leased to others . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 213-Plant - utility and accumulated provisions for depreciation amortization and depletion (summary) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 201 Pollution control facilities, accumulated deferred income taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 234 Premium and discount on long-term debt . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 257 Premium on capital stock . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 251 P repaid taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 258 259 Property - losses, extraordinary . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 230 Pumped storage generating plant statistics . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 408-409 Purchased power . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 326-327 Reacquired capital stock . . . . . . . . . . . . . . . . . . . ....... . .... . ...... ......... 251 Reacquired long-term debt . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 256-257 256-257 Receivers' certificates . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Reconciliation of reported net income with taxable income 261 from Federal income taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Regulatory commission expenses deferred . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 233 Regulatory commission expenses for year . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 350 351 Research. development and demonstration activities . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 352-353 Retained Earnings 119 amortization reserve Federal . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

118-119 appropriated . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

statement of, for the year . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 118 119 un appropriated . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 118-119 Revenues - electric operating . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 300-301 Salaries and wages 105 directors fees . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

354-355 distribution of . . . . . . . . . . . . . . . . . . ............ ......... .. ... . . . . . . . .

104 officers' . . . . . . . . . . . . . . . . . . . . . . . . . .................................. ....

Sales of electricity by rate schedules . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 304 310 311 Sales - for resale . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Salvage - n uclear f uel . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 202 203 Schedules, this report form . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . . . . . . . . . . . . . . . . . . . . . . . . . 2-4 Securities 250-251 exchange registration . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

, 106-107 holders and voting powers . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

120-121 Sources of funds . . . . . . . . . . . . . . . . . . . . . . . . ............................. ......... 120-121 Statement of changes in financial position . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

l 114 117

! Statement of income for the year . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Statement of retained earnings for the year . . . . . .................................... 118-119 -

Steam-electric generating plant statistics . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 402-404 252

Stock liability for conversion . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

426

) Substation s . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

227 Supplies - m aterials and . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

f, I

l.

a 4

i

!- FERC FORM NO.1 (ED.12-86) Index 4 ,

i a

4 nw.- .,ee.- ._,,_,--,-cmn..,,mem . r ,- --w.m _ ,%,,.--. , - , -e.__m,-,p4 -.,.,._y wm,-,- --

INDEX (Continued)

Schedute Page No.

Taxes accrued and prepaid . . . . . . 262-263 charged during year . .. . . . . 262-263 on income, deferred and accumulated . .. . 234 272-277 reconciliation of net income with taxable income for. . 261 Transformers, line - electric . . . . . 429 Transmission lines added during year . . 424-425 lines statistics . 422-423 of electric for or by others . . . 332 Unamortized -

debt discount . . . 256-257 debt expense . . . 256-257 premium on debt . . 256-257 Unrecovered Plant and Regulatory Study Costs 230 0

0 FERC FORM NO.1 (ED.12 86) Index 5

s EEEE General Offices

• Selden Street, Berlin, Connecticut Nr N E Y sT N eowa~= P.O. 80X 270 woa**sa wa * " HARTFORD, CONNECTICUT 06141-0??O k L J Q Z ,"d ] j, "co ,", _s (203) 665-5000 April 24, 1987 RE: 10CFR50.71(b)

Director Nuclear Reactor Regulation U.S. Nuclear Regulatory Commission Washington, D.C. 20555

Dear Sir:

In accordance with paragraph 50.71(b) of 10CFR, Part 50, enclosed is one copy of the 1986 Annual Financial Report of Northeast Nuclear Energy Company, license holder, all certified by Arthur Andersen & Company, certified public accountants.

Please acknowledge receipt by returning the duplicate copy of this letter in the stamped, self-addressed envelope enclosed for your convenience.

Very truly yours,

's F. J. Guglielmo Supervisor, Statistics and Regulatory Reports Northeast Utilities Service Co.

FJG/jem/SRR122j Enclosure l

DD i m