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By 2035, the company expects those investments will boost the grid's capacity to supply electricity to power more than a million electric cars and 750,000 heat pumps in Massachusetts.
Eversource Energy is a publicly traded, Fortune 500 energy company headquartered in Hartford, Connecticut, and Boston, Massachusetts, with several regulated subsidiaries offering retail electricity, natural gas service and water service to approximately 4 million [7] customers in Connecticut, Massachusetts, and New Hampshire .
National Grid plc is a British multinational electricity and gas utility company headquartered in London, England. Its principal activities are in the United Kingdom, where it owns and operates electricity and natural gas transmission networks, and in the Northeastern United States, where as well as operating transmission networks, the company produces and supplies electricity and gas ...
The company's request for a rate increase is in addition to a second plan to modernize the grid, which could also mean higher costs for consumers.
Commonwealth Wind (lease area OCS-A 0534) [23] was selected for development in 2021, and signed agreements with all three major Massachusetts electric utilities - Eversource, National Grid, and Unitil. [24] In 2022, developer Avangrid asked that its project be canceled and rebid due to higher supply costs.
New Hampshire Eversource Energy (Public Service Company of New Hampshire) Liberty Utilities (including Granite State Electric) New Hampshire Electric Cooperative Northeast Utilities National Grid Unitil Corporation
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