NSTAR Electric Company 4.78% Perpetual Preferred Stock (NSARO)

Overview

NSTAR Electric Company, a key player in the energy sector, focuses on the transmission, delivery, and sale of electricity. Originally known as Boston Edison Company, it underwent a rebranding to NSTAR Electric Company on January 2, 2007. With roots dating back to 1886, this historic institution has been central to the development and provision of electric utilities in Massachusetts, primarily serving the eastern and western regions. Based in Boston, Massachusetts, NSTAR operates under the umbrella of Eversource Energy, contributing to its position as a regulated electric utility company. Through its dedication to both residential and commercial sectors, NSTAR has solidified its role in supporting the state's energy needs.

Products and Services

NSTAR Electric Company offers a range of products and services designed to meet the diverse needs of its customer base, spanning residential, commercial, and industrial sectors:

• Electricity Purchase and Sale - NSTAR engages in the intricate process of purchasing electricity on behalf of its customers and selling it at regulated rates. This service ensures that both residential and commercial users have reliable access to electric power, tailored to meet their consumption needs.
• Electricity Transmission - As a critical part of its operations, NSTAR oversees the transmission of electricity. This involves the high-voltage transfer of electric power from generation facilities to distribution systems, a key step in ensuring the smooth delivery of energy to end-users.
• Electricity Delivery - Beyond just the transmission, NSTAR is responsible for the delivery of electricity. This includes the maintenance and operation of the distribution network that brings electric power directly to homes, businesses, and industrial facilities, ensuring that customers have the energy they need, when they need it.