List of Affiliates

Listed in the tables below are PSNH's Competitive Energy Affiliates covered and not covered by the Affiliate Transactions Rules.

PSNH affiliates covered by New Hampshire's Affiliate Transactions Rules:

Affiliate Name	Business
Charter Oak Energy, Inc. ("COE") (9/28/88)	A non-utility investment subsidiary.
Select Energy Services, Inc. ("SESI") (6/25/90) Formerly known as HEC Inc. [Includes Select Energy Contracting, Inc. (10/13/94), Reeds Ferry Supply Co., Inc. (9/4/99) and HEC/Tobyhanna Energy Project, Inc. (9/28/99)]	Provides energy management, demand-side management, and related consulting services for governmental, commercial, industrial and institutional companies.
North Atlantic Energy Corporation (10/21/91)	Held shares of Seabrook Nuclear Plant, which was sold November 2002; now inactive.
North Atlantic Energy Service Corporation (6/15/92)	Former agent for the joint owners of the Seabrook nuclear generating facility; now inactive.
Northeast Generation Company (1/4/99)	Holds non-nuclear generation assets.
Northeast Generation Services Company ("NGS") (1/4/99)	Operates, maintains and services fossil and hydro facilities owned by NU System Companies, and provides generation and industrial services under contract for unaffiliated companies.
Northeast Nuclear Energy Company (7/1/66)	Former agent for the joint owners of the Millstone nuclear generating facility; now inactive.
NU Enterprises, Inc. ("NUEI") (1/4/99)	Holding company for NU's competitive businesses.
Select Energy, Inc. (9/26/96)	Engages in the brokering, marketing, transportation, storage and sale of energy commodities in designated geographic areas.
Yankee Companies [Connecticut Yankee Atomic Power Company, Maine Yankee Atomic Power Company, Vermont Yankee Nuclear Power Company and Yankee Atomic Electric Company]	PSNH has a partial ownership interest in the companies that operate these nuclear generating plants, all in the process of being decommissioned, except Vermont Yankee.
Acumentrics Corporation (9/18/00)	Acquisition of 5% of common stock by NU Enterprises, Inc.; engaged in developing new technologies for the distributed generation market.
ERI/HEC EFA-Med LLC (9/29/00)	SESI holds a 50% membership interest in ERI/HEC EFA-Med LLC; established to perform energy management services at various foreign U.S. Navy and other Federal facilities.
E.S. Boulos Company	Wholly-owned subsidiary of NGS is engaged in high voltage electrical construction and maintenance.
NGS Mechanical, Inc. (1/25/01)	Wholly-owned subsidiary of NGS that provides mechanical construction and maintenance services.
HEC/CJTS Energy Center, LLC (2/2/01)	Special purpose entity formed to engage in the financing for the construction, by SESI, of the energy center at the Connecticut Juvenile Training School.
Select Energy New York, Inc. (11/30/01)	Wholly-owned subsidiary of Select Energy, Inc. engaged in the brokering, marketing, transportation, storage and sale of energy commodities in the State of New York.
Woods Electrical Co., Inc. (7/30/02)	Wholly-owned subsidiary of NGS that provides electrical contracting services.
Greenport Power, LLC (2/13/03)	Joint venture limited liability company established to bid for the engineering, design, procurement and construction project supporting the installation of equipment for a peaking power plant in Greenport, Long Island, New York.

PSNH affiliates NOT covered by New Hampshire's Affiliate Transactions Rules:

Affiliate Name	Business
CL&P Capital, L.P.	A special purpose financing conduit for CL&P; now inactive.
CL&P Receivables Corporation	A special purpose subsidiary whose business purpose consists of the purchase and resale of receivables.
The Connecticut Light and Power Company	An electric utility serving approximately 1.1 million customers throughout the majority of the state of Connecticut.
The Connecticut Steam Company	Inactive.
Electric Power, Incorporated	Inactive.
Holyoke Power and Electric Company	An electric utility in Holyoke, Massachusetts.
Holyoke Water Power Company	A manufacturing company in Holyoke, Massachusetts.
Mode 1 Communications, Inc.	Owns 7% of NEON Communications, Inc. (NEON), which owns a fiber-optic communications network in New England.
New England Hydro-Transmission Electric Company	NU has approximately 23% voting power in this company which owns the Direct Current facilities of the Hydro-Quebec interconnection facilities located in Massachusetts.
New England Hydro-Transmission Corporation	NU has approximately 23% voting power in this company which owns the Direct Current facilities of the Hydro-Quebec interconnection facilities located in Massachusetts.
New Hampshire Electric Company	Inactive.
Northeast Utilities*	Parent company of the NU System and a registered holding company under the Public Utility Holding Company Act of 1935.
Northeast Utilities Service Company*	Provides centralized accounting,administrative, information resources, engineering, financial, legal, regulatory,operational, planning, purchasing and other professional services to NU system companies.
NEON Communications, Inc. (NEON)	Owner and developer of a fiber-optic communications network throughout New England and New York.
The Nutmeg Power Company	Inactive.
Properties, Inc.	Owns non-utility real estate in New Hampshire.
The Quinnehtuk Company	Owns non-utility real estate in Massachusetts.
The Rocky River Realty Company	Owns non-utility real estate in Connecticut.
Western Massachusetts Electric Company	An electric utility serving approximately 200,000 customers throughout the western portion of Massachusetts.
PSNH Funding LLC (1/24/01) and PSNH Funding LLC 2 (12/10/2001)	Created to issue promissory notes secured by transition property under the New Hampshire electric industry restructuring law.
Woods Network Services, Inc. (7/30/02)	Wholly-owned subsidiary of NU Enterprises, Inc. (NUEI); engaged in the design, integration and implementation of voice, data, video, audio and other low-voltage control systems.
CL&P Funding LLC (1/3/01)	Special purpose company created to issue promissory notes secured by transition property authorized under Connecticut electric industry restructuring law.
WMECO Funding LLC (3/28/01)	Special purpose company created to issue promissory notes secured by transition property authorized under Massachusetts electric industry restructuring law.
Yankee Energy Systems, Inc. ("YES")	The holding company for affiliated gas businesses, principal of which is Yankee Gas Services Company, a natural gas distribution company serving approximately 191,000 customers in 70 Connecticut cities and towns.

*These PSNH affiliates are not competitive energy affiliates pursuant to the definitions provided in the Affiliate Transactions Rules. However, the Company understands and acknowledges that the Rules do govern certain activities of these companies.