Western Massachusetts Electric Company

Exhibit 12

Ratio of Earnings to Fixed Charges

(Unaudited)

Six Months Ended

June 30,

For the Years Ended December 31,

(Thousands of Dollars)

2014

2013

2012

2011

2010

2009 

Earnings, as defined:

   Net income

$

 25,120 

$

 60,438 

$

 54,503 

$

 43,054 

$

 23,090 

$

 26,196 

   Income tax expense

 16,106 

 37,368 

 32,140 

 23,186 

 16,325 

 14,923 

   Equity in earnings of regional nuclear
     generating companies

 (4)

 (18)

 (11)

 (4)

 (36)

 (78)

   Dividends received from regional equity investees

 - 

 80 

 - 

 - 

 120 

 419 

   Fixed charges, as below

 13,226 

 26,316 

 28,162 

 25,079 

 23,042 

 20,614 

   Less: Interest capitalized (including AFUDC)

 (389)

 (498)

 (534)

 (534)

 (336)

 (195)

 Total earnings, as defined

$

 54,059 

$

 123,686 

$

 114,260 

$

 90,781 

$

 62,205 

$

 61,879 

Fixed charges, as defined:

   Interest on long-term debt (a)

$

 12,165 

$

 23,625 

$

 23,462 

$

 20,023 

$

 17,988 

$

 14,074 

   Interest on rate reduction bonds

 - 

 177 

 1,229 

 2,335 

 3,372 

 4,335 

   Other interest (b)

 188 

 1,049 

 1,943 

 1,254 

 479 

 877 

   Rental interest factor

 484 

 967 

 994 

 933 

 867 

 1,133 

   Interest capitalized (including AFUDC)

 389 

 498 

 534 

 534 

 336 

 195 

 Total fixed charges, as defined

$

 13,226 

$

 26,316 

$

 28,162 

$

 25,079 

$

 23,042 

$

 20,614 

Ratio of Earnings to Fixed Charges

 4.09 

 4.70 

 4.06 

 3.62 

 2.70 

 3.00 

(a) Interest on long-term debt includes amortized premiums, discounts and capitalized expenses related to indebtedness.

(b) For the year ended December 31, 2009, other interest includes interest related to accounting for uncertain tax positions.