Eversource Energy's Corporate Customers have recorded an increase in their cost of revenue by 12.45 % in the 1 quarter 2026 year on year, sequentially costs of revenue grew by 5.66 %. During the corresponding time, Eversource Energy recorded a revenue increase by 9.37 % year on year, sequentially revenue grew by 33.65 %. While revenue at the Eversource Energy's corporate clients recorded rose by 11.34 % year on year, sequentially revenue grew by 10.63 %.
Eversource Energy's Customers have recorded an increase in their cost of revenue by 12.45 % in the 1 quarter 2026 year on year, sequentially costs of revenue grew by 5.66 %, for the same period Eversource Energy recorded revenue increase by 9.37 % year on year, sequentially revenue grew by 33.65 %.
Eversource Energy's Comment on Sales, Marketing and Customers
Eversource serves residential, commercial, industrial, municipal, and fire protection customers across parts of Connecticut, Massachusetts, and New Hampshire. Its subsidiaries include NSTAR Electric Company, which provides electricity to residential, commercial, and industrial customers in Massachusetts; Harbor Electric Energy Company, serving a single customer; Public Service Company of New Hampshire (PSNH), serving residential, commercial, and industrial customers in New Hampshire; NSTAR Gas Company and Eversource Gas Company of Massachusetts, both serving residential, commercial, and industrial customers in Massachusetts; Yankee Gas Services Company, serving similar customer segments in Connecticut; and Aquarion Company, which serves residential, commercial, industrial, municipal, and fire protection customers in parts of Connecticut, Massachusetts, and New Hampshire. CL&P, NSTAR Electric, and PSNH also supply New England customers through Eversource’s electric transmission business. Eversource operates four reportable segments: electric distribution, electric transmission, natural gas distribution, and water distribution. The electric distribution segment comprises the distribution operations of CL&P, NSTAR Electric, and PSNH, delivering electricity to retail customers in Connecticut, Massachusetts, and New Hampshire, respectively, and includes NSTAR Electric’s solar power facilities.
In a significant shift within the renewable energy landscape, Eversource Energy has completed the sale of its stakes in key offshore wind projects, marking a decisive pivot in its strategy. The Connecticut-based utility giant announced the finalization of two major transactions that underscore its evolving role in the offshore wind sector and potentially redefine its financial trajectory. Eversource has sold its 50% interest in the 132-megawatt South Fork Wind project and the 704-megawatt Revolution Wind project to Global Infrastructure Partners (GIP) for adjusted gross proceeds of $745 million. However, these proceeds fell short of earlier expectations, reflecting a reduction of approximately $375 million, ...
Eversource Energy Sells Stake in Sunrise Wind Project, Paving the Way for Progress in Renewable EnergyIn a significant move towards the advancement of renewable energy, Eversource Energy has successfully completed the sale of its 50 percent ownership share in the Sunrise Wind project to rsted. The 924-megawatt offshore wind farm, which is set to become one of the largest in the United States, holds great promise for a greener future.The transaction, with gross proceeds of $230 million, marks a major milestone in the development of Sunrise Wind. Eversource Energy will receive 50% of the proceeds at closing, with the remaining balance paid upon the achievement of certain construction milestones. This financial...
Eversource Energy, a Fortune 500 energy company, headquartered in Hartford, Connecticut and Boston, Massachusetts, has come forward with an announcement that consolidates the company s prior declaration to relinquish its 50 percent ownership interest in the 924-megawatt Sunrise Wind project. The buyer of this substantial stake stands to be Ørsted, a leading Danish energy company specialising in wind power and owning offshore wind farm assets globally. Having concluded the conclusive contractual documents relative to this transaction, Eversource Energy is in solid position to conduct the intricacies of the impending sale. More compelling is the fact that this major multi-million-dollar deal does not spell th...
Eversource Energy’s Comment on Sales, Marketing and Customers
Eversource serves residential, commercial, industrial, municipal, and fire protection customers across parts of Connecticut, Massachusetts, and New Hampshire. Its subsidiaries include NSTAR Electric Company, which provides electricity to residential, commercial, and industrial customers in Massachusetts; Harbor Electric Energy Company, serving a single customer; Public Service Company of New Hampshire (PSNH), serving residential, commercial, and industrial customers in New Hampshire; NSTAR Gas Company and Eversource Gas Company of Massachusetts, both serving residential, commercial, and industrial customers in Massachusetts; Yankee Gas Services Company, serving similar customer segments in Connecticut; and Aquarion Company, which serves residential, commercial, industrial, municipal, and fire protection customers in parts of Connecticut, Massachusetts, and New Hampshire. CL&P, NSTAR Electric, and PSNH also supply New England customers through Eversource’s electric transmission business. Eversource operates four reportable segments: electric distribution, electric transmission, natural gas distribution, and water distribution. The electric distribution segment comprises the distribution operations of CL&P, NSTAR Electric, and PSNH, delivering electricity to retail customers in Connecticut, Massachusetts, and New Hampshire, respectively, and includes NSTAR Electric’s solar power facilities.
Sources:
Eversource Energy’s official press releases and regulatory filings; CSIMarket.com’s market research; and the financial filings and press releases of other companies cited in this report.
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