Eversource Energy - Company Profile
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Business Description
Eversource Energy (Eversource) is a utility holding company that distributes and transmits electricity, supplies natural gas, and provides water distribution services to customers. It serves approximately 4.6 million electric, natural gas, and water customers in Massachusetts, Connecticut, and New Hampshire. The company serves various customers such as residential, commercial, industrial, municipal, and fire protection.
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Business Segments
Overview
Consists of the distribution businesses of CL&P, NSTAR Electric, and PSNH. These companies carry out the distribution of electricity to retail customers in Connecticut, Massachusetts, and New Hampshire, respectively, and operate the solar power facilities of NSTAR Electric. The distribution business of CL&P, NSTAR Electric, and PSNH consists of the purchase, delivery, and sale of electricity to its residential, commercial, and industrial customers.
Performance
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Overview
Operates electricity transmission through CL&P, NSTAR Electric, and PSNH. Owns and maintains transmission facilities that are part of an interstate power transmission grid over which electricity is transmitted throughout New England. CL&P, NSTAR Electric, and PSNH are parties to a series of agreements that provide for coordinated planning and operation of the region's transmission facilities.
Performance
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Overview
Offers transportation of natural gas through NSTAR Gas, EGMA, and Yankee Gas. Provides firm natural gas sales and transportation services to eligible retail customers who require a continuous natural gas supply throughout the year for residential and commercial customers.
Performance
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Overview
Offers water services to residential, commercial, industrial, municipal, and fire protection and other customers in towns and cities of Connecticut, Massachusetts, and New Hampshire. Operates through its subsidiary Aquarion Co, which operates five separate regulated water utilities in Connecticut, namely, Aquarion Water Company of Connecticut, The Torrington Water Co, Aquarion Water Company of Massachusetts, Aquarion Water Company of New Hampshire, and Abenaki Water Co.
Performance
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Overview
Includes operations of CYAPC and YAEC, Eversource Water Ventures Inc, other unregulated subsidiaries, and its equity ownership interests in certain natural gas pipeline projects owned by Enbridge Inc, the Bay State Wind project, and two companies that transmit hydroelectricity imported from the Hydro-Quebec system in Canada.
Performance
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