Eversource Energy and Subsidiaries

Exhibit 12

Ratio of Earnings to Fixed Charges

(Unaudited)

Nine Months  

Ended

September 30,

For the Years Ended December 31,

(Thousands of Dollars)

2015

2014

2013

2012 (a)

2011

2010 

Earnings, as defined:

Net income

$

 702,319 

$

 827,065 

$

 793,689 

$

 533,077 

$

 400,513 

$

394,107 

Income tax expense

 420,640 

 468,297 

 426,941 

 274,926 

 170,953 

210,409 

Equity in earnings of regional nuclear
  generating and transmission companies

 (838)

 (1,044)

 (1,318)

 (1,154)

 (671)

(1,429)

Dividends received from regional equity investees

 - 

 - 

 582 

 733 

 940 

1,488 

Fixed charges, as below

 298,624 

386,451 

362,403 

353,616 

275,948 

 263,393 

Less: Interest capitalized (including AFUDC)

 (5,056)

(5,766)

(4,062)

(5,261)

(11,758)

 (10,165)

Preferred dividend security requirements of
 consolidated subsidiaries

 (9,398)

(12,532)

(12,803)

(11,715)

(9,265)

 (10,170)

Total earnings, as defined

$

 1,406,291 

$

 1,662,471 

$

 1,565,432 

$

1,144,222 

$

 826,660 

$

 847,633 

Fixed charges, as defined:

Interest Expense

$

 279,635 

$

 362,106 

$

 338,699 

$

 329,945 

$

 250,425 

$

237,291 

Rental interest factor

 4,535 

 6,047 

 6,839 

 6,695 

 4,500 

5,767 

Preferred dividend security requirements of
  consolidated subsidiaries

 9,398 

 12,532 

 12,803 

 11,715 

 9,265 

10,170 

Interest capitalized (including AFUDC)

 5,056 

 5,766 

 4,062 

 5,261 

 11,758 

10,165 

Total fixed charges, as defined

$

 298,624 

$

 386,451 

$

 362,403 

$

353,616 

$

 275,948 

$

 263,393 

Ratio of Earnings to Fixed Charges

 4.71 

 4.30 

 4.32 

 3.24 

 3.00 

 3.22 

(a) NSTAR amounts were included in Eversource beginning April 10, 2012.