v3.26.1
DERIVATIVE INSTRUMENTS (Tables)
6 Months Ended
Jun. 30, 2026
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Schedule of Derivative Instruments in Statement of Financial Position, Fair Value
The following table presents the fair values of derivative contracts, categorized by risk type, which are recorded as current or long-term derivative assets or liabilities:

NSTAR Electric
(Millions of Dollars)
Fair Value HierarchyCommodity Supply and Price Risk Management
As of June 30, 2026As of December 31, 2025
Current Derivative AssetsLevel 3$115.1 $91.0 
Long-Term Derivative LiabilitiesLevel 3(390.3)(753.1)
Schedule of Derivative Assets and Derivative Liabilities Measured at Fair Value
The following table presents changes in the Level 3 category of derivative assets and derivative liabilities measured at fair value on a recurring basis.  The derivative assets and liabilities are presented on a net basis in the following table.
NSTAR Electric
(Millions of Dollars)
For the Three Months EndedFor the Six Months Ended
June 30, 2026June 30, 2026
Derivatives, Net:
Fair Value as of Beginning of Period$(505.0)$(662.1)
Net Realized/Unrealized Gains Included in Regulatory Assets and Liabilities218.3 438.8 
Settlements11.5 (51.9)
Fair Value as of End of Period$(275.2)$(275.2)