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ASBESTOS LITIGATION: Northeast Utilities Has $22.6M Liabilities
Northeast Utilities' consolidated asbestos asset retirement obligation liabilities were US$22.6 million at Dec. 31, 2008, compared with US$21.3 million at Dec. 31, 2007.
The Company's consolidated asbestos ARO asset was US$2.7 million at both Dec. 31, 2008 and Dec. 31, 2007.
The Connecticut Light and Power Company's asbestos ARO liabilities were US$12.6 million at Dec. 31, 2008, compared with US$11.8 million at Dec. 31, 2007.
CL&P's asbestos ARO asset was US$1.6 million at both Dec. 31, 2008 and Dec. 31, 2007.
Public Service Company of New Hampshire's asbestos ARO liabilities were US$8.3 million at Dec. 31, 2008, compared with US$7.7 million at Dec. 31, 2007.
PSNH's asbestos ARO asset was US$900,000 at both Dec. 31, 2008 and Dec. 31, 2007.
Western Massachusetts Electric Company's asbestos ARO liabilities were US$1.8 million at Dec. 31, 2008, compared with US$1.6 million at Dec. 31, 2007.
WMECO's asbestos ARO asset was US$200,000 at both Dec. 31, 2008 and Dec. 31, 2007.
Headquartered in Berlin, Conn., Northeast Utilities is a public utility holding company. The Company is engaged primarily in the energy delivery business.
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