The rating on Connecticut Light & Power Co. (CL&P; BBB+/Negative/--), a wholly owned subsidiary of Northeast Utilities (NU; BBB+/Negative/--), is based on the consolidated credit profile of its parent, NU, and its affiliate companies: Western Massachusetts Electric Co., Public Service Co. of New Hampshire, Yankee Gas Services Co., Select Energy Inc., and Northeast Generation Co. CL&P is an electric transmission and distribution (T&D) utility serving 1.1 million customers in Connecticut. NU's ratings and those of its regulated subsidiaries are based on the consolidated credit profile of the corporation. The three regulated electric utilities and local gas distribution utilities are essentially low-risk T&D operations, with some residual fossil generation exposure. CL&P's stand-alone business profile score is a "3" on Standard &