Nstar 8-K NSTAR Announces Solid Third Quarter Results

Exhibit 99.2

NSTAR

Condensed Consolidated Statements of Income (Unaudited)

		Three Months Ended
(in millions, except earnings per share)		September 30,
		2006			2005
Operating revenues	$	956.3		$	858.5
Operating expenses:
Purchased power, cost of gas and energy efficiency programs		568.4			480.9
Operations and maintenance		108.0			104.8
Depreciation and amortization		87.8			85.7
Taxes		70.8			67.6
Total operating expenses		835.0			739.0
Operating income		121.3			119.5
Financing costs and other income and deductions, net		(44.6	)		(41.5	)
Net income	$	76.7		$	78.0
Earnings per common share:
Basic	$	0.72		$	0.73
Diluted	$	0.72		$	0.72

NSTAR

Condensed Consolidated Balance Sheets

(in millions)	September 30,				December 31,
				2006		2005
		(Unaudited)
Assets
Property, plant and equipment, net		$	4,026.8		$	3,840.0
Investments			78.6			77.1
Current assets			958.8			1,036.3
Regulatory assets			2,074.2			2,266.4
Other deferred debits			524.8			425.8
Total assets		$	7,663.2		$	7,645.6
Capitalization and Liabilities
Common equity		$	1,583.5		$	1,535.0
Long-term debt and preferred stock			2,404.5			2,445.4
Current liabilities			1,230.8			1,169.5
Deferred taxes and unamortized investment tax credits			1,255.2			1,273.4
Other deferred credits			1,189.2			1,222.3
Total capitalization and liabilities		$	7,663.2		$	7,645.6

NSTAR

Energy Sales - Three Month Periods Ended September 30,

Retail Electric Sales - gWh

			%
	2006	2005	Change
Residential	1,833	1,948	(5.9	)
Commercial	3,619	3,688	(1.9	)
Industrial and streetlighting	455	472	(3.6	)
Total	5,907	6,108	(3.3	)

Firm Gas Sales and Transportation - BBTU

			%
	2006	2005	Change
Residential	1,454	1,427	1.9
Commercial and other	1,899	1,721	10.3
Industrial	840	859	(2.2	)
Total	4,193	4,007	4.6