Eversource Energy 4.25% Perpetual Preferred Stock (NSARP)
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Eversource Energy 4.25% Perpetual Preferred Stock Profile
| Electric Utilities Industry | Utilities Sector | Paul Chodak CEO | OTC PINK Exchange | 67021C206 CUSIP |
| US Country | 2,044 Employees | 10 Jul 2026 Last Dividend | - Last Split | - IPO Date |
Overview
NSTAR Electric Company, a subsidiary of Eversource Energy, operates as a regulated electric utility entity focused on the purchase, transmission, delivery, and sale of electricity. Its services cater to a wide range of customers including residential, commercial, and industrial sectors within Massachusetts. As of the end of 2017, NSTAR Electric Company boasted a substantial customer base of approximately 1.4 million individuals and businesses. The company's operational footprint spans across Boston and extends to 139 cities and towns across Eastern and Western Massachusetts. This includes prominent areas like Cape Cod, Martha’s Vineyard, and the greater Springfield metropolitan area, altogether covering an expanse of about 3,200 square miles. Headquartered in Boston, Massachusetts, NSTAR Electric Company exemplifies a major player in the region's electricity supply industry, ensuring consistent power delivery to a vast and diverse client base.
Products and Services
- Electricity Purchase and Sale
- Electricity Transmission
- Electricity Delivery
NSTAR Electric Company engages in the procurement and retail of electricity, ensuring a steady and reliable supply of power to meet the energy needs of its customers. This encompasses the sourcing of electricity from generation companies followed by its sale to end-users spanning residential, commercial, and industrial sectors.
This service involves the high-voltage transfer of electrical power from generation facilities to substations before it is distributed to consumers. NSTAR Electric Company maintains and operates a network of transmission lines essential for the long-distance movement of electricity, contributing to the overall framework that supports the region’s electricity grid.
Following the transmission phase, NSTAR Electric Company undertakes the distribution of electricity via a network of substations, transformers, and distribution lines. This final step ensures that electricity safely reaches the end-users, including households, businesses, and industries, across its service area in a consistent and efficient manner.
