SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
In the Matter of
NORTHEAST UTILITIES, QUARTERLY CERTIFICATE
and its Subsidiaries PURSUANT TO RULE 24 UNDER
THE PUBLIC UTILITY HOLDING
File No. 70-09755 COMPANY ACT OF 1935
Pursuant to the Public Utility Holding Company Act of
1935 and Rule 24(a) thereunder, Northeast Utilities ("NU"), a
registered holding company, on behalf of itself and its
subsidiaries, including The Connecticut Light and Power Company
("CL&P"), Western Massachusetts Electric Company ("WMECO"), Yankee
Energy System, Inc. ("YES") and Yankee Gas Services Company
("Yankee Gas"), hereby files this certificate pursuant to Rule 24
reporting on transactions authorized by the Commission by order
dated June 30, 2004 in this File (HCAR 35-27870) for the quarter
ending December 31, 2004.
1. External Short Term Debt and Commercial Paper Issuances
Company Maximum Maximum Total Amount Money Pool
Amount of Amount of of CP and Balance at
Commercial Short-Term Short-Term End of
Paper Notes to Notes at end Quarter
During Qtr. Banks During of Qtr
Qtr.
Northeast $0 $100,000,000 $100,000,000 $210,600,000
Utilities
CL&P $0 $15,000,000 $15,000,000 ($90,025,000)
WMECO $0 $25,000,000 $25,000,000 ($15,900,000)
YES $0 $0 $0 $4,600,000
Yankee Gas $0 $30,000,000 $30,000,000 ($29,600,000)
2. Bank Borrowings During Quarter
Company: NU
Period: October 1, 2004 - December 31, 2004
Name of Bank Amount Date Issued Interest Rate
Union Bank of California $24,000,000 10/25/04 4.7500%
Union Bank of California $18,000,000 11/23/04 5.0000%
Union Bank of California $18,000,000 11/24/04 5.0000%
Union Bank of California $31,000,000 11/30/04 5.0000%
Union Bank of California $20,000,000 12/06/04 2.8500%
Union Bank of California $ 5,000,000 12/08/04 5.0000%
Union Bank of California $21,000,000 12/20/04 5.2500%
Union Bank of California $ 5,000,000 12/21/04 5.2500%
Union Bank of California $36,000,000 12/27/04 5.2500%
Union Bank of California $ 5,000,000 12/29/04 5.2500%
Union Bank of California $22,000,000 12/30/04 5.2500%
Union Bank of California $20,000,000 12/30/04 2.9125%
Union Bank of California $15,000,000 12/30/04 2.9125%
Company: CL&P
Period: October 1, 2004 - December 31, 2004
Name of Bank Amount Date Issued Interest Rate
Citibank $15,000,000 12/30/04 5.2500%
Company: WMECO
Period: October 1, 2004 - December 31, 2004
Name of Bank Amount Date Issued Interest Rate
Citibank $10,000,000 12/01/04 5.0000%
Citibank $10,000,000 12/06/04 2.8513%
Citibank $15,000,000 12/30/04 5.2500%
Company: YES
Period: October 1, 2004 - December 31, 2004
Name of Bank Amount Date Issued Interest Rate
N/A N/A N/A N/A
Company: Yankee Gas
Period: October 1, 2004 - December 31, 2004
Name of Bank Amount Date Issued Interest Rate
Citibank $ 9,000,000 11/01/04 4.7500%
Citibank $ 9,000,000 12/01/04 5.0000%
Citibank $10,000,000 12/06/04 2.8062%
Citibank $20,000,000 12/22/04 5.2500%
3. Maximum borrowings from and loans to the NU Money Pool during
the quarter and the interest rate applied to such borrowings
and loans.
Maximum Amount Maximum Amount Average Interest
Borrowed During Invested During Rate During
Company Quarter Quarter Quarter **
Northeast
Utilities $ 0 $210,600,000* 2.1887%
NUSCO $ 0 $ 0 N/A
CL&P $ 97,525,000 2.0185%
CL&P $ 13,525,000 1.7369%
WMECO $ 41,500,000 $ 0 1.9312%
PSNH $ 38,300,000 $ 0 1.9441%
NAEC $ 0 $ 5,300,000 1.9443%
HWP $ 7,100,000 $ 0 1.9773%
NNECO $ 0 $ 31,600,000 1.9576%
YES $ 0 $ 4,600,000 2.0072%
Yankee Gas $ 76,500,000 $ 0 1.9182%
RRR $ 19,800,000 $ 0 1.9466%
Quinnehtuk $ 3,100,000 $ 0 1.9614%
NUEI $ 0 $ 43,400,000 1.9558%
NGC $ 0 $ 10,000,000 1.9669%
NGS $ 1,100,000 1.8524%
NGS $ 6,050,000 2.0456%
Properties $ 0 $ 3,500,000 1.9560%
Woods
Electrical $ 6,000,000 $ 0 1.9772%
Woods Network $ 0 $ 0 N/A
E. S. Boulos $ 0 $ 0 N/A
Select Energy $102,600,000* 2.2474%
Select Energy $34,900,000 1.8562%
SENY $ 10,000,000 $ 0 1.9237%
Mode 1 $ 0 $ 3,400,000 1.9211%
SESI. $ 14,750,000 $ 0 1.9472%
Yankee
Financial $ 3,600,000 $ 0 1.9560%
YESCO $ 0 $ 700,000 1.9560%
NorConn $ 1,100,000 $ 0 1.9560%
Borrowings/investments marked with (*) represent
borrowings/investments through the Money Pool from NU's External
Funds. The interest rate on such funds matches the interest rate
paid by NU to its external lender. All other borrowings/investments
are borrowings/investments of surplus funds of money pool participants.
**Average interest rate for loans to the Money Pool calculated at
Fed Funds rate.
4. Short-Term Interest Rate Hedging Transactions entered into
during the quarter.
Notional Issuance Maturity
Company Counterparty Amount Date Date
Northeast N/A N/A N/A N/A
Utilities
CL&P N/A N/A N/A N/A
WMECO N/A N/A N/A N/A
YES N/A N/A N/A N/A
Yankee Gas N/A N/A N/A N/A
Pursuant to the requirements of the Public Utility
Holding Company Act of 1935, the undersigned companies have duly
caused this Certificate pursuant to Rule 24 to be signed on their
behalf by the undersigned thereunto duly authorized.
Dated: February 15, 2005
Northeast Utilities
Northeast Utilities Service Company
The Connecticut Light and Power Company
Western Massachusetts Electric Company
Public Service Company of New Hampshire
North Atlantic Energy Corporation
Holyoke Water Power Company
Northeast Nuclear Energy Company
Yankee Energy System, Inc.
Yankee Gas Services Company
The Rocky River Realty Company
The Quinnehtuk Company
NU Enterprises, Inc.
Northeast Generation Company
Northeast Generation Service Company
Properties, Inc.
Woods Electrical Co., Inc.
Woods Network Services, Inc.
E. S. Boulos Company
Select Energy, Inc.
Select Energy New York, Inc.
Mode 1 Communications, Inc.
Select Energy Services, Inc.
Yankee Energy Financial Services Company
Yankee Energy Services Company
NorConn Properties, Inc.
By: /s/ Patricia C. Cosgel
Name: Patricia C. Cosgel
Title: Assistant Treasurer-Finance
Northeast Utilities Service Company as Agent for
all of the above-named Applicants