Eversource Energy (ES) 10-Q 2008 Q2 Quarterly report

The Connecticut Light and Power Company						Exhibit 12
Ratio of Earnings to Fixed Charges
(In thousands)	Six Months Ended
	June 30, 2008	Year Ended December 31,
Earnings, as defined:	(unaudited)	2007	2006	2005	2004		2003
Net income	$          92,323	$        133,564	$        200,007	$         94,845	$          88,016		$          68,908
Income tax expense/(benefit)	37,453	52,353	(43,961)	32,174	45,539		18,135
Equity in (earnings)/losses of regional     nuclear generating companies	(200)	(1,901)	854	(1,153)	(568)		(1,776)
Dividends received from regional      equity investees	-	2,596	1,407	412	2,577		6,359
Fixed charges, as below	81,168	155,557	131,923	133,321	119,857		119,550
Less: Interest capitalized      (including AFUDC)	(6,697)	(10,924)	(6,610)	(6,719)	(3,110)		(2,976)
Total earnings, as defined	$        204,047	$        331,245	$        283,620	$        252,880	$        252,311		$        208,200
Fixed charges, as defined:
Interest on long-term debt (a)	$         48,999	$          84,292	$          64,873	$          59,019	$          43,308		$          39,815
Interest on rate reduction bonds	15,811	37,728	46,692	55,796	63,667		70,284
Other interest (b)	6,561	16,413	6,281	5,220	3,072		508
Rental interest factor	3,100	6,200	7,467	6,567	6,700		5,967
Interest capitalized (including AFUDC)	6,697	10,924	6,610	6,719	3,110		2,976
Total fixed charges, as defined	$          81,168	$        155,557	$        131,923	$        133,321	$        119,857		$        119,550
Ratio of Earnings to Fixed Charges	2.51	2.13	2.15	1.90	2.11		1.74
(a) Interest on long-term debt amounts include amortized premiums, discounts and capitalized expenses related to indebtedness.
(b) For the six months ended June 30, 2008 and for the year ended December 31, 2007, other interest includes interest expense related to Financial Accounting Standards Board Interpretation No. 48, "Accounting for Uncertainty in Income Taxes - an Interpretation of FASB Statement No. 109."