NORTHEAST UTILITIES: Has $28.4MM for Envt’l. Matters at 33 Sites

Northeast Utilities’ environmental reserves for 33 sites amounted to US$28.4 million as of June 30, 2011, compared with US$30.3 million as of Dec. 31, 2010.

The majority of the accrual for sites in remediation or long-term monitoring relate to manufactured gas…

NORTHEAST UTILITIES: HWP Reserves $2.6MM at June 30 for MGP Site

Northeast Utilities’ HWP Company subsidiary, as of June 30, 2011, reserved US$2.6 million for a river site in Massachusetts containing tar deposits associated with a manufactured gas plant site that HWP sold to Holyoke Gas and Electric (HG&E), a municipal…

NORTHEAST UTILITIES: Posts $39.8MM June 30 Envt’l. Cleanup Costs

Northeast Utilities’ deferred environmental remediation costs amounted to US$39.8 million as of June 30, 2011, compared with US$36.8 million as of Dec. 31, 2010.

Headquartered in Hartford, Conn., Northeast Utilities provides power to more than 1.9 million customers in Connecticut, New…

NORTHEAST UTILITIES: Records $36.2MM Cleanup Costs at March 31

Northeast Utilities’ deferred environmental remediation costs amounted to US$36.2 million as of March 31, 2011, compared with US$36.8 million as of Dec. 31, 2010.

HWP Company, a subsidiary of the Company, continues to investigate the potential need for additional remediation at…

NORTHEAST UTILITIES: Has $12.9MM Liability for Keene, Yankee Gas

Northeast Utilities, as of June 30, 2010, recorded US$12.9 million in long-term liabilities for environmental matters in Keene, N.H., and Yankee Gas Service Company.

Public Service Company of New Hampshire (PSNH), a Company subsidiary, has conducted substantial investigative activities and evaluated…

NORTHEAST UTILITIES: Cites $17.9MM June 30 Environmental Expense

Northeast Utilities says the cumulative expense recorded to the reserve for an environmental matter through June 30, 2010 was about US$17.9 million, of which US$16.5 million had been spent, leaving about US$1.4 million in the reserve as of June 30,…

NORTHEAST UTILITIES: Spends $14.5M for Mass. River Site Cleanup

Northeast Utilities, as of June 30, 2009, spent US$14.5 million of a US$17 million environmental reserve at a river site in Massachusetts, leaving reserves of US$2.5 million.

Holyoke Water Power Company (HWP) is a Company subsidiary that remains in the process…

NORTHEAST UTILITIES: Probe on Mass. River Site Cleanup Ongoing

Northeast Utilities’ subsidiary continues to evaluate additional potential remediation requirements at a river site in Massachusetts containing tar deposits associated with a manufactured gas plant which it sold to Holyoke Gas and Electric (HG&E), a municipal electric utility, in 1902.…