Last $46.32 USD
Change Today +0.65 / 1.42%
Volume 1.7M
NU On Other Exchanges
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Berlin
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As of 8:04 PM 04/15/14 All times are local (Market data is delayed by at least 15 minutes).
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Company Description

Contact Info

Prudential Building

800 Boylston Street

Boston, MA 02199

United States

Phone: 800-592-2000

Fax:

Northeast Utilities, a public utility holding company, provides electric and natural gas energy delivery services to residential, commercial, and industrial customers. The company provides its services to approximately 3.5 million electric and natural gas customers through 6 regulated electric and natural gas utilities in Connecticut, Massachusetts, and New Hampshire. Regulated Electric Distribution The company’s Electric Distribution segment consists of the distribution businesses of The Connecticut Light and Power Company (CL&P), Public Service Company of New Hampshire (PSNH), and Western Massachusetts Electric Company (WMECO), which are primarily engaged in the distribution of electricity in Connecticut, New Hampshire and western Massachusetts, respectively, plus the regulated electric generation businesses of PSNH and WMECO. CL&P - Distribution CL&P’s distribution business consists primarily of the purchase, delivery, and sale of electricity to its residential, commercial and industrial customers. As of December 31, 2011, CL&P furnished retail franchise electric service to approximately 1.2 million customers in 149 cities and towns in Connecticut. PSNH - Distribution PSNH’s distribution business consists primarily of the purchase, delivery, and sale of electricity. As of December 31, 2011, PSNH furnished retail franchise electric service to approximately 498,000 retail customers in 211 cities and towns in New Hampshire. PSNH also owns and operates approximately 1,200 MW (megawatt) of primarily fossil fueled electricity generation plants. Included in those electric generating plants is PSNH’s 50 MW wood-burning Northern Wood Power Project at its Schiller Station in Portsmouth, New Hampshire, and approximately 70 MW of hydroelectric generation. PSNH’s distribution segment includes the activities of its generation business. WMECO - Distribution WMECO’s distribution business consists primarily of the purchase, delivery, and sale of electricity. As of December 31, 2011, WMECO furnished retail franchise electric service to approximately 206,000 retail customers in 59 cities and towns in the western region of Massachusetts. In 2010, WMECO completed development of a 1.8 MW solar generation facility on a site in Pittsfield, Massachusetts and in 2011 completed development of a 2.3 MW solar generation facility in Springfield, Massachusetts. Regulated Gas Distribution – Yankee Gas Services Company (Yankee Gas) Yankee Gas operates a natural gas distribution system with 2,187 square miles in Connecticut (approximately 208,000 customers in 71 cities and towns). Yankee Gas provides firm natural gas sales service to retail customers who require a continuous natural gas supply throughout the year, such as residential customers who rely on gas for heating, hot water and cooking needs, and commercial and industrial customers who choose to purchase natural gas from Yankee Gas. Yankee Gas has long-term firm contracts for capacity on TransCanada Pipelines Limited Pipeline; Vector Pipeline, L.P.; Tennessee Gas Pipeline; Iroquois Gas Transmission Pipeline; Algonquin Pipeline; Union Gas Limited; Dominion Transmission, Inc.; National Fuel Gas Supply Corporation; Transcontinental Gas Pipeline Company; and Texas Eastern Transmission, L.P. pipelines. As of December 31, 2011, Yankee Gas owned 28 active gate stations, 200 district regulator stations, and 3,256 miles of natural gas main pipeline. Yankee Gas also owned a 1.2 Bcf liquefied natural gas facility in Waterbury, Connecticut, and a propane facility in Kensington, Connecticut. Electric Transmission CL&P, PSNH and WMECO, and other New England utilities, generation owners and marketers are parties to a series of agreements that provide for coordinated planning and operation of the region's generation and transmission facilities and the rules by which they participate in the wholesale markets and acquire transmission services. Transmission Projects New England East-West Solution (NEEWS): CL&P and WMECO are developing and constructing the NEEWS project, which comprises Greater Springfield Reliability Project (GSRP), the Interstate Reliability Project,

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