Eversource Energy, a utility serving over 4 million customers in New England, is undergoing a significant transition towards cleaner energy, grid modernization, and facing regulatory challenges. This pivot involves substantial investments in infrastructure hardening against extreme weather and integrating renewables, particularly offshore wind. While this aims to improve reliability and promote clean power, it also leads to increased costs for consumers and balancing acts for regulators, impacting both customer bills and investor perceptions of the stock’s stability.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
Eversource Energy: What Wall Street Missed About This Quiet Utility
Eversource Energy, a utility serving over 4 million customers in New England, is undergoing a significant transition towards cleaner energy, grid modernization, and facing regulatory challenges. This pivot involves substantial investments in infrastructure hardening against extreme weather and integrating renewables, particularly offshore wind. While this aims to improve reliability and promote clean power, it also leads to increased costs for consumers and balancing acts for regulators, impacting both customer bills and investor perceptions of the stock’s stability.