Standard&Poor's Ratings Services assigned its 'A-' rating to Connecticut Light&Power Co.'s (CL&P) proposed $150 million first&refunding mortgage bonds, 2004 series A, due 2014, and its proposed $130 million first&refunding mortgage bonds, 2004 series B, due 2034. At the same time, Standard&Poor's affirmed its 'BBB+' corporate credit ratings on CL&P parent company Northeast Utilities (NU) and its regulated subsidiaries, which, in addition to CL&P, include Public Service Co. of New Hampshire (PSNH), Western Massachusetts Electric Co. (WMECO), and Yankee Gas Services Co. (Yankee Gas). The outlook on the ratings on all companies is negative. The ratings on CL&P, an electricity transmission and distribution (T&D) utility serving 1.2 million customers in Connecticut,