Nstar 8-K NSTAR Announces Second Quarter Results for 2006 and Raises

Exhibit 99.2

NSTAR
Condensed Consolidated Statements of Income (Unaudited)

		Three Months Ended
(in millions, except earnings per share)		June 30,
		2006			2005
Operating revenues	$	784.6		$	692.0
Operating expenses:
Purchased power, cost of gas and energy efficiency programs		450.8			373.2
Operations and maintenance		106.7			111.3
Depreciation and amortization		88.7			86.8
Taxes		50.7			44.6
Total operating expenses		696.9			615.9
Operating income		87.7			76.1
Financing costs and other income and deductions, net		(42.0	)		(42.9	)
Net income	$	45.7		$	33.2
Earnings per common share:
Basic and Diluted	$	0.43		$	0.31

NSTAR
Condensed Consolidated Balance Sheets

(in millions)	June 30,			December 31,
			2006		2005
	(Unaudited)
Assets
Property, plant and equipment, net	$	3,963.0		$	3,840.0
Investments		78.0			77.1
Current assets		980.2			1,036.3
Regulatory assets		2,187.1			2,266.4
Other deferred debits		421.4			425.8
Total assets	$	7,629.7		$	7,645.6
Capitalization and Liabilities
Common equity	$	1,538.4		$	1,535.0
Long-term debt and preferred stock		2,557.6			2,445.4
Current liabilities		1,101.3			1,169.5
Deferred taxes and unamortized investment tax credits		1,253.2			1,273.4
Other deferred credits		1,179.2			1,222.3
Total capitalization and liabilities	$	7,629.7		$	7,645.6

NSTAR
Energy Sales - Three Month Periods Ended June 30,

Retail Electric Sales - gWh

			%
	2006	2005	Change
Residential	1,447	1,489	(2.8	)
Commercial	3,214	3,075	4.5
Industrial and other	423	442	(4.3	)
Total	5,084	5,006	1.6

Firm Gas Sales and Transportation - BBTU

			%
	2006	2005	Change
Residential	3,215	3,135	2.6
Commercial and other	3,158	3,037	4.0
Industrial	1,037	1,136	(8.7	)
Total	7,410	7,308	1.4