The Connecticut Light and Power Company (CNLTP) 10-Q 2018 Q2 Quarterly report

Eversource Energy and Subsidiaries																Exhibit 12
Ratio of Earnings to Fixed Charges
(Unaudited)
	Six Months Ended June 30, 2018
				For the Years Ended December 31,
(Thousands of Dollars)				2017			2016			2015			2014			2013
Earnings, as defined:
Net income	$	516,072		$	995,515		$	949,821		$	886,004		$	827,065		$	793,689
Income tax expense	154,219			578,892			554,997			539,967			468,297			426,941
Equity in earnings of equity investees	(27,479		)	(27,432		)	(243		)	(883		)	(1,044		)	(1,318		)
Dividends received from equity investees	10,450			20,042			120			—			—			582
Fixed charges, as below	264,151			451,287			429,406			397,392			386,451			362,403
Less: Interest capitalized (including AFUDC)	(8,974		)	(12,453		)	(10,791		)	(7,221		)	(5,766		)	(4,062		)
Preferred dividend security requirements   of consolidated subsidiaries (pre-tax)	(5,370		)	(12,532		)	(12,532		)	(12,532		)	(12,532		)	(12,803		)
Total earnings, as defined	$	903,069		$	1,993,319		$	1,910,778		$	1,802,727		$	1,662,471		$	1,565,432
Fixed charges, as defined:
Interest expense	$	247,533		$	421,755		$	400,961		$	372,420		$	362,106		$	338,699
Rental interest factor	2,274			4,547			5,122			5,219			6,047			6,839
Preferred dividend security requirements   of consolidated subsidiaries (pre-tax)	5,370			12,532			12,532			12,532			12,532			12,803
Interest capitalized (including AFUDC)	8,974			12,453			10,791			7,221			5,766			4,062
Total fixed charges, as defined	$	264,151		$	451,287		$	429,406		$	397,392		$	386,451		$	362,403
Ratio of Earnings to Fixed Charges	3.42			4.42			4.45			4.54			4.30			4.32