NSTAR ELECTRIC CO - FORM 10-Q - EX-12.2 - COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES AND PREFERRED STOCK DIVIDEND - November 7, 2011

Attached files

file filename
EXCEL - IDEA: XBRL DOCUMENT - NSTAR ELECTRIC COFinancial_Report.xls
EX-15.1 - PRICEWATERHOUSECOOPERS LLP AWARENESS LETTER - NSTAR ELECTRIC COd245664dex151.htm
EX-12.1 - COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES FOR THE TWELVE MONTHS ENDED - NSTAR ELECTRIC COd245664dex121.htm
EX-99.1 - REPORT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM - NSTAR ELECTRIC COd245664dex991.htm
EX-31.2 - CERTIFICATION STATEMENT OF CHIEF FINANCIAL OFFICER, SECTION 302 - NSTAR ELECTRIC COd245664dex312.htm
EX-32.2 - CERTIFICATION STATEMENT OF CHIEF FINANCIAL OFFICER, SECTION 906 - NSTAR ELECTRIC COd245664dex322.htm
EX-31.1 - CERTIFICATION STATEMENT OF CHIEF EXECUTIVE OFFICER, SECTION 302 - NSTAR ELECTRIC COd245664dex311.htm
10-Q - FORM 10-Q - NSTAR ELECTRIC COd245664d10q.htm
EX-32.1 - CERTIFICATION STATEMENT OF CHIEF EXECUTIVE OFFICER, SECTION 906 - NSTAR ELECTRIC COd245664dex321.htm

Exhibit 12.2

NSTAR Electric Company

Computation of Ratio of Earnings to Fixed Charges

and Preferred Stock Dividend Requirements

Twelve Months Ended September 30, 2011

(in thousands)

 

Net income from continuing operations (before preferred stock dividend)

    $ 244,182   

Less: equity income from investees

      1,105   

Plus: distributed income of equity investees

      702   

Income taxes

      159,290   

Fixed charges (including securitization certificates)

      76,156   
  

 

 

  

Total

    $ 479,225   
  

 

 

  

Interest expense

    $ 69,752   

Interest component of rentals (estimated as one-third of rental expense)

      6,404   
  

 

 

  

Subtotal

      76,156   

Preferred stock dividend requirements

      3,239   
  

 

 

  

Total

    $ 79,395   
  

 

 

  

Ratio of earnings to fixed charges and preferred stock dividend requirements

      6.04   
  

 

 

  

NSTAR ELECTRIC CO Reports