Eversource Energy

Eversource Energy stands as New England's largest energy delivery company and a Fortune 500 corporation, serving approximately 4.6 million customers across Connecticut, Massachusetts, and New Hampshire. With annual revenues of $11.92 billion in 2024 and a workforce of over 10,680 employees, the company operates one of the most extensive energy infrastructure networks in the region, encompassing more than 4,270 circuit miles of electric transmission lines, 72,000 pole miles of distribution lines, and 6,459 miles of natural gas pipeline.

The company's corporate identity emerged from a rich tapestry of New England utility companies dating back to the mid-19th century. Through strategic mergers and acquisitions, Eversource has consolidated numerous historic utilities into a unified platform capable of delivering reliable, clean, and affordable energy to residential, commercial, industrial, and municipal customers. The company maintains headquarters in Springfield, Massachusetts, with additional corporate offices in Hartford, Connecticut, and Boston, Massachusetts, reflecting its multi-state operational footprint.

Eversource has positioned itself at the forefront of the clean energy transition, introducing innovative programs like the nation's first networked geothermal neighborhood in Framingham, Massachusetts, and planning to transition customers across Massachusetts to smart meters in 2025. The company has announced an ambitious five-year, $24.2 billion investment plan for 2025-2029, representing a nearly 10% increase over its previous capital plan, with a particular focus on transmission infrastructure upgrades and modernization to support future energy demands.

Recent strategic initiatives include the divestiture of non-core operations, most notably the planned sale of its Aquarion Water Company subsidiary, which is expected to close by late 2025. This move is designed to strengthen the company's balance sheet and allow for greater focus on its core electric and natural gas utility businesses. The company has also successfully exited its offshore wind partnerships, redirecting resources toward regulated utility operations where it maintains strong regulatory relationships and predictable returns.

Eversource's commitment to sustainability and corporate responsibility has earned recognition as one of America's Climate Leaders for three consecutive years (2023-2025) by USA TODAY and Statista Inc. The company has also received the VETS Indexes 3 Star Employer Award for 2025, acknowledging its excellence in veteran employment initiatives. Despite facing some regulatory headwinds, including a December 2024 credit rating downgrade by S&P due to adverse regulatory developments in Connecticut, Eversource continues to invest heavily in grid reliability, clean energy infrastructure, and customer service excellence, positioning itself as a critical enabler of New England's energy future.