[7] NSTAR itself was the product of corporate mergers, and included the former Boston Edison Company, Cambridge Electric Light Company, Commonwealth Electric Company, Commonwealth Gas, and Cambridge Gas Company.

[17], In June 2017 Eversource announced its merger with Aquarion Water Company for $1.675 billion. However, days later on February 1, 2018, the New Hampshire Site Evaluation Committee voted unanimously to deny[25] Eversource's controversial Northern Pass project a permit, leaving the future of the project, and $1.6B of Eversource's Transmission Rate Base Growth Projections[26] in doubt. In November 2006 the company had essentially completed the divestiture of its competitive businesses.[13]. In December 2017, the merger was completed after government approval. Eversource is New England’s largest energy provider, proudly serving more than 3.6 million electric and natural gas customers in CT, MA and NH. The two utilities “engaged in behavior that would tend to have the largest impact on prices,” said N. Jonathan Peress, a senior director at the New York-based environmental group. [10], In 1999 Con Edison and Northeast Utilities entered negotiations that would have created one of the largest utilities in the United States. [27], While Eversource reported that its electric transmission earnings were up 80 percent in Q2 2015,[28] the Federal Energy Regulatory Commission (FERC) is now[needs update] investigating the utility for having transmission rates that appear to be “unjust, unreasonable and unduly discriminatory or preferential”. [12] Between 2000 and 2002 due to state laws, NU divested WMECO, CL&P, and PSNH's nuclear generating assets which consisted of their stakes in the Seabrook, Millstone, and Vermont Yankee stations. Those orders had the effect of driving up wholesale prices for natural gas during peak winter heating periods and in turn increasing the costs of electricity generated by gas-fired power plants. It is projected that the line will either run in an existing right-of-way adjacent to the HVDC line that runs through New Hampshire, or it will connect to a right-of-way in northern New Hampshire that will run through the White Mountains.

Experiencing a Problem. [19]. In 1967, Holyoke Water Power Company (HWP) (formed in 1859) joined the NU System, and in 1992 the Public Service Company of New Hampshire (PSNH, formed in 1926) followed. You can also visit the U.S. In 2001, NU sold the assets and operations of its subsidiary, the Holyoke Water Power Company, to the City of Holyoke including the HWP electrical distribution system and customer base and all generation with the exception of the Mt. Legislation passed in the late 1990s deregulated the electricity market in New England and required regulated utilities to divest generating stations to competitive suppliers. He said, "Let me tell you something gentlemen, I'm not happy how this was rolled out. - Business -", "BANKRUPTCY FILED BY LEADING UTILITY IN SEABROOK PLANT", "Northeast Says Merger With Con Edison Has Collapsed", "Northeast Utilities Completes Sale of Competitive Generation Business to Energy Capital Partners", "NStar and Northeast Utilities agree to merger", "NH Public Utilities Commission Issues Order Approving sale of Eversource Generation Facilities", "Eversource finalizes sale of energy plants", "Eversource enters water business with Aquarion acquisition - The Boston Globe", "Eversource begins rollout of 400 electric car chargers across Massachusetts; 'range anxiety' seen as enemy to emissions progress", "Canadian firm offers N.E. I'm not happy with the lack of information my office has received."

You have the option of choosing a competitive power supplier for the supply portion of your bill. [7], On February 2, 2015, the company and all its subsidiaries rebranded themselves as "Eversource Energy". It also serves approximately 229,000 natural gas customers in 73 cities and towns. The project is part of the company's Grid Modernization plan. The project also involved rebuilding all of the 115 kV lines along the transmission corridor between South Agawam and Ludlow to increase their capacities, building a new 115 kV transmission substation in East Springfield (Cadwell), replacing the Fairmont 115 kV transmission substation in Chicopee with a new substation across the street, and configuring a new 115 kV line from South Agawam to Southwick using a combination of both new and old line segments of the former 115 kV path between Agawam and North Bloomfield. Example ZIP codes from across our service territory are provided below. In 2006, NU decided to sell the generating units it had earlier retained in the 1999 divestiture as competitive suppliers and shut down its competitive generation business units.

Eversource has a number of options available to pay your bill each month. On Feb. 27, 2018, FERC announced their investigation “revealed no evidence of anticompetitive withholding of natural gas pipeline capacity on Algonquin Gas Transmission by New England shippers.” It said that following an extensive review Commission staff “determined that EDF’s study was flawed and led to incorrect conclusions about the alleged withholding.”[41], A class-action lawsuit[42] filed on November 14, 2017 against Avangrid, Inc. and Eversource Energy claims the two companies caused electricity consumers to incur overcharges of $3.6 billion in a years-long scheme that impacted six states and affected 14.7 million people. [44], Logos of Eversource's predecessors, clockwise from top-left, the Connecticut Light & Power Co., Hartford Electric & Light Co., Western Mass. Springfield, MA 01104

The Northeast Generation assets, including Mount Tom Station and Northfield Mountain, were all sold to Energy Capital Partners. Electric Vehicles; Outages & Storms. [18] Aquarion would become a fully owned subsidiary and retain its own name, adding 300 employees and 230,000 customers in Connecticut, Massachusetts, and New Hampshire. [30], In 2015, Eversource fought the rooftop solar industry and supported anti-solar policies. [8] The stock symbol changed on February 19, 2015, from "NU" to "ES".[9]. more hydropower", "Quebec is facing its own 'dirty' energy export problem", "Baker goes with Eversource's Northern Pass - CommonWealth Magazine", "N.H. Site Evaluation Committee Votes Against Eversource's Northern Pass Project", "Eversource February 22, 2017 Investor Call", "Eversource gives up on Northern Pass project after spending $318 million", "Higher revenue sparks Eversource's 2Q profits", "New England electric rates to be investigated | New Hampshire", "Solar Industry On The Clock As Time Runs Out For Net Metering In New Hampshire", "Action on solar bill at center of fight between Eversource, National Grid and environmental groups", "Solar bill before NH House panel has both sides shifting stances", "TUSK Calls on New Hampshire to Protect Competition and Solar Choice", "Eversource | Political Activity Policy | Eastern Massachusetts", "AG Healey Testifies Against Eversource Rate Increase", "Mass. Many of the tests we administer were developed through the Edison Electric Institute (EEI), an association of electric companies created to exchange information on industry developments and to act as an advocate for utilities on subjects of national interest. Here's what you should know.

With United Illuminating, an upgrade to the 69-mile (112 km), 345 kilovolt Middletown-Norwalk transmission line was energized in 2009 at a cost of $900 million. PSNH continued to operate regulated hydroelectric and fossil fuel generation assets to serve its default/basic service customers who did not choose an alternative competitive supplier. View and update your online profile.

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