Full-Time
Electricity and natural gas utility provider
$131k - $145.5k/yr
No H1B Sponsorship
Windsor, CT, USA
In Person
Travel between Massachusetts, Connecticut, and New Hampshire may be required. Rotating shifts, including weekends and nights, are required.
Bachelor's
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Eversource Energy delivers electricity and natural gas to about 4.3 million customers in Connecticut, Massachusetts, and New Hampshire through a regulated utility model. It operates transmission and distribution networks and also develops clean-energy projects such as offshore wind and solar, plus grid modernization and energy-efficiency programs to help customers save. The company combines regulated utility services with active clean-energy development to stabilize prices while expanding renewable projects in its service area, and it is pursuing carbon neutrality by 2030. Its goal is to provide affordable, reliable energy while modernizing the grid and growing clean-energy generation.
Company Size
5,001-10,000
Company Stage
IPO
Headquarters
Springfield, Illinois
Founded
1966
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Hybrid Work Options
Eversource proposes substation on Locust Street, addresses residents' questions. * By TARA VOCINO * Aug 7, 2026 * 0 BURLINGTON - Eversource is proposing a substation along Locust Street. They addressed residents' inquiries during a public meeting last week at 70 Montvale Ave. According to Eversource Senior Specials, Transmission Project Engagement Ian Kea, the Burlington/Woburn area is currently experiencing a significant amount of transformation. A substation serves as a critical part of the electric system, acting as a hub to bring electricity and clean energy to homes and businesses. All three substations are overloaded or stressed due to the recent growth. Given the continued planned residential and commercial load growth in this area, an additional substation is needed to help offload the current stations and ensure continued reliable electrical service to all customers. The proposed preferred site is Locust Street, which is on the corner of two existing right of ways. Kea said operational substations must meet or be below state and local sound ordinance requirements. According to Eversource External Communications Manager Olessa Stepanova, the Burlington Energy Project is still in development and will be subject to local permitting processes, as well as review by the state Energy Facilities Siting Board (EFSB). "We currently anticipate filing with the EFSB later this year," Stepanova said. "If the project is approved through the state's review process, construction is expected to begin in 2028, with completion anticipated around 2030." She noted that these timelines are subject to change. Locust Street resident Janet Zahora said as the town continues to grow, additional power is needed. Her husband, Robert, said it's tough to say if Locust Street is the best location. "The current locations that they have can only handle so much power," Robert Zahora said. Sparhawk Drive resident Joanne Delaney, who got up to speak, asked how close will the new transmission structures be to homes on her street. "Roughly eight years ago Eversource did a clearcut, and trees were wiped out," Delaney said. "They cut beautiful 100-plus-year old pines after there was a major clear cut by Eversource, which destroyed the backyard of all abutters." She asked if homeowners will see more trees destroyed, more conservation areas and wetlands disrupted this time around. Regarding health and electromagnetic field (EMF), Delaney asked what EMF levels are expected at the edge of her property and at her home after the project is complete. "Will Eversource provide actual modeling results - not just general statements - that show expected EMF levels?," Delaney asked. "Will post-construction EMF measurements be taken and shared with residents?" In regard to the reservoir and conservation land, Delaney asked what specific protections are in place to prevent impacts to the Burlington reservoir and nearby conservation areas. "What studies have been done regarding wetlands, wildlife, and water quality?" Delaney asked. "If environmental damage occurs, who is responsible for restoring it?" Stepanova said environmental industry Best Management Practices (BMPs) will be implemented during construction to avoid direct impacts to the Mill Pond Reservoir during construction. "Protecting nearby environmental resources, including the Mill Pond Reservoir, is a key priority throughout construction and during operation once the project is constructed and in service," Stepanova said. "The project will be designed, constructed, and operational in accordance with all applicable local, state and federal environmental requirements to protect surrounding natural resources." Delaney feels that this project will impact the valuation on properties that are abutting the project. She asked what compensation is available, if homeowners are negatively affected. Eversource's response was that it will not affect the value and that they will visit Delaney's property. However, Delaney said she highly disagrees since she has been a realtor in Burlington for more than 25 years. She also asked about compensation. In regard to being reimbursed by Eversource for devaluation of property, Eversource stated they can't do that according to Massachusetts law, but will come to abutters' home personally and discuss. Delaney's other concern is how noise, construction traffic, and lighting will be managed during construction. As far as the traffic concern, Eversource said they will work with the Town of Burlington. Another major concern of Delaney's is flooding. Behind her house, there is a large seasonal pool of water every spring and fall. Eversource stated that they will come to Delaney's house and look at it. "The existing trees help absorb water and protect my property," Delaney said. "If those trees are removed, I am very concerned that the amount of water flowing toward my home will increase and could cause flooding." Delaney also inquired about what drainage and stormwater studies have been completed, what mitigation measures are planned to prevent flooding, and whether Eversource will take responsibility if this project causes damage to her property. "I believe these questions deserve clear answers before construction moves forward," Delaney said. "What alternatives are being considered instead of disrupting Burlington neighborhoods and water sources?" Kea said Eversource will be mindful of anything that might disrupt or damage. Eversource has already evaluated solar, energy efficiency and battery storage alternatives. An idea was inside an industrial park, but Eversource responded that it would be too costly and could involve buying a parking lot. "These alternatives, both alone or in combination, can't meet the area's energy needs for long-term grid capacity and redundancy," Kea said. Delaney added Eversource chose this site because it's cheaper than other areas. She asked for a written document saying her property won't be flooded. If the substation is installed, trees will have to be cut down within their easement. Kea said the substation must be built near customers and the electric demand. "The longer the distance electrons are required to travel from their source, the weaker and less reliable the electrons become," Kea said. There was a group of people from Eversource that sat up front to answer questions. Delaney felt that they either gave vague answers or quoted Massachusetts law. She also asked if Select Board members were invited, since she didn't see any. Last meeting, there was one Planning Board member at the meeting. Locust Street resident Pat Linskey, who also got up to speak, called Burlington a family-friendly town. "Families and children enjoy walking, riding bikes, and spending time outdoors throughout our neighborhoods," Linskey said. "The disruption caused by roads being dug up, years of construction, heavy truck traffic, and constant construction noise will take away the very qualities that attracted so many residents to Burlington." Kea said that there will be temporary construction noise, traffic-related disruptions, and visual impacts to direct abutters. "Temporary traffic disruptions will be mitigated through a coordinated traffic management plan, in collaboration with the municipality," Kea said. "Temporary construction noise will be mitigated through compliance with town noise ordinances." Linskey said plans show electrical towers encroaching on homes and private properties, fundamentally changing the character of Burlington's neighborhoods. She added that when concerns were raised about private properties being encroached upon, representatives initially denied that additional utility poles or transmission lines would be installed. However, when asked why numerous homeowners have surveillance markers placed on their properties, Linskey said they responded that they would need to send representatives to speak individually with those property owners. "This project also raises serious concerns about flooding, environmental impacts, and the long-term financial harm to homeowners through decreased property values," Linskey said. "What will Eversource do to compensate Burlington residents for the loss in property value, the diminished quality of life, and the lasting impacts this project will have on our homes, neighborhoods, and community?" Stepanova said it has not been Eversource's experience that these types of essential facilities, which exist throughout the state, result in a diminution of property values to residential homeowners. Linskey felt Eversource's answers to these questions were very vague. When Linskey asked where 0 Locust St. is and where exactly the substation is going, she felt that Eversource's answers skirted around the question. That would be the entrance and exit points for construction trucks. Stepanova said the proposed preferred site at 0 Locust St. was selected following a comprehensive evaluation of multiple locations using a variety of factors, including electric system needs, engineering feasibility, constructability, environmental considerations, local zoning, community receptors and input, and overall cost. Not because it's cheaper. "The proposed preferred best site balances those factors while allowing the infrastructure to be located where it's needed to safely and reliably serve customers," Stepanova said.
Eversource Energy reported second-quarter 2026 earnings of 87 cents per share, missing the Zacks Consensus Estimate of 88 cents by 1.14%. Earnings declined 9.4% year-over-year from 96 cents, reflecting pressure in its transmission and natural gas businesses. Revenues of $2.90 billion missed estimates of $3.14 billion by 7.63% but increased 2.3% from the prior-year quarter. Total operating expenses rose 8.6% year-over-year to $2.36 billion, driven by higher purchased power costs, energy efficiency programme costs, and interest expenses. Operating income fell 18.4% to $540.9 million. The electric transmission segment saw earnings drop 11.7% to $183.7 million, whilst natural gas distribution earnings declined 15.9% to $29.7 million. Eversource maintained its 2026 earnings guidance of $4.57-$4.72 per share and its long-term earnings growth target of 5-7% through 2030.
Eversource Energy completed the $1.7 billion sale of Aquarion Water Company, transitioning to a pure-play regulated utility focused on electric and gas operations. The move strengthened its financial foundation, prompting Moody's to upgrade its outlook to stable. The company reported second-quarter recurring earnings of $0.87 per share, driven by higher electric distribution revenues. However, it recorded a $164 million after-tax charge related to cost increases at its Revolution Wind project, now over 95% complete. Eversource reaffirmed long-term earnings per share growth guidance of 5% to 7%, expecting performance toward the upper half by 2028. The company maintains a $21.5 billion five-year capital plan through 2028. It filed its first Connecticut Light & Power rate review in nearly a decade, with 90% of the requested deficiency tied to capital investments and storm resiliency.
Eversource's quarter took A hit from one-off charges. Second-quarter net income fell 84.7% as Aquarion and offshore wind-related charges offset steady utility operations. about 1 hour ago - 2 mins What's going on here? Eversource Energy's second-quarter profit collapsed because two accounting charges and offshore wind-related liabilities drowned out what was otherwise a steady regulated-utility quarter. What does this mean? Eversource, a New England electric and gas utility, said net income fell 84.7% to $53.7 million, according to Reuters. The big hits were an $111.4 million after-tax, non-cash charge tied to its Aquarion water business sale and a $164 million charge linked to higher expected payments to Global Infrastructure Partners after Eversource sold its stakes in the South Fork Wind and Revolution Wind projects. Strip those out and the core business looked more norm... Keep reading for free. This content is free, but you must be logged in to continue reading. Already have an account?
Eversource Energy (NYSE:ES) releases FY 2026 earnings guidance. July 30, 2026 Key points. * Eversource Energy issued FY 2026 EPS guidance of $4.57-$4.72, broadly in line with analysts' consensus estimate of $4.65. * The utility reported quarterly EPS of $0.87, matching expectations, while revenue of $2.90 billion fell short of the $2.99 billion forecast. * Eversource maintains a quarterly dividend of $0.7875 per share, equivalent to an annualized $3.15 payout and a 4.3% yield; analysts' consensus rating remains "Hold" with a $72.58 price target. * Five stocks to consider instead of Eversource Energy. Eversource Energy (NYSE:ES - Get Free Report) updated its FY 2026 earnings guidance on Thursday. The company provided earnings per share (EPS) guidance of 4.570-4.720 for the period, compared to the consensus EPS estimate of 4.650. The company issued revenue guidance of -. Eversource Energy stock performance. ES traded down $0.96 on Thursday, reaching $73.80. The stock had a trading volume of 3,543,564 shares, compared to its average volume of 2,539,351. The business's 50-day moving average price is $71.71 and its two-hundred day moving average price is $70.71. The company has a market cap of $27.75 billion, a P/E ratio of 15.77, a price-to-earnings-growth ratio of 5.56 and a beta of 0.70. Eversource Energy has a 12-month low of $61.53 and a 12-month high of $76.57. The company has a current ratio of 0.65, a quick ratio of 0.59 and a debt-to-equity ratio of 1.62. Eversource Energy (NYSE:ES - Get Free Report) last posted its earnings results on Thursday, July 30th. The utilities provider reported $0.87 EPS for the quarter, meeting analysts' consensus estimates of $0.87. Eversource Energy had a return on equity of 11.59% and a net margin of 12.55%.The firm had revenue of $2.90 billion for the quarter, compared to analysts' expectations of $2.99 billion. Eversource Energy has set its FY 2026 guidance at 4.570-4.720 EPS. Sell-side analysts forecast that Eversource Energy will post 4.64 earnings per share for the current year. Eversource Energy dividend announcement. The firm also recently declared a quarterly dividend, which was paid on Tuesday, June 30th. Shareholders of record on Monday, May 18th were given a dividend of $0.7875 per share. The ex-dividend date was Monday, May 18th. This represents a $3.15 dividend on an annualized basis and a yield of 4.3%. Eversource Energy's dividend payout ratio is currently 67.31%. Analysts set new price targets. Several analysts have commented on the company. BMO Capital Markets dropped their price objective on Eversource Energy from $73.00 to $72.00 and set a "market perform" rating on the stock in a report on Wednesday, July 22nd. Argus downgraded Eversource Energy from a "buy" rating to a "hold" rating in a research note on Friday, June 12th. Scotiabank decreased their target price on Eversource Energy from $66.00 to $63.00 and set a "sector underperform" rating on the stock in a research report on Tuesday, April 21st. Weiss Ratings raised shares of Eversource Energy from a "hold (c+)" rating to a "buy (b-)" rating in a research note on Friday, July 10th. Finally, Capital One Financial set a $73.00 price target on shares of Eversource Energy in a report on Wednesday, July 1st. Four analysts have rated the stock with a Buy rating, six have issued a Hold rating and three have given a Sell rating to the stock. According to data from MarketBeat, Eversource Energy has a consensus rating of "Hold" and a consensus price target of $72.58. Discover more Stock Split Calculator Stock Market Holidays Insider activity at Eversource Energy. In related news, VP Gregory B. Butler sold 7,000 shares of the business's stock in a transaction that occurred on Thursday, June 4th. The stock was sold at an average price of $69.88, for a total transaction of $489,160.00. Following the completion of the sale, the vice president directly owned 56,179 shares in the company, valued at approximately $3,925,788.52. The trade was a 11.08% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders own 0.18% of the company's stock. Institutional investors weigh in on Eversource Energy. Several institutional investors and hedge funds have recently added to or reduced their stakes in the business. State Street Corp lifted its stake in shares of Eversource Energy by 4.7% in the fourth quarter. State Street Corp now owns 28,013,053 shares of the utilities provider's stock worth $1,886,119,000 after buying an additional 1,265,802 shares in the last quarter. Morgan Stanley boosted its position in Eversource Energy by 4.2% during the fourth quarter. Morgan Stanley now owns 5,879,604 shares of the utilities provider's stock worth $395,874,000 after acquiring an additional 238,723 shares during the last quarter. Zimmer Partners LP grew its stake in Eversource Energy by 18.2% during the 4th quarter. Zimmer Partners LP now owns 3,843,997 shares of the utilities provider's stock valued at $258,816,000 after acquiring an additional 591,697 shares in the last quarter. Wellington Management Group LLP grew its stake in Eversource Energy by 28.2% during the 4th quarter. Wellington Management Group LLP now owns 3,241,896 shares of the utilities provider's stock valued at $218,277,000 after acquiring an additional 712,508 shares in the last quarter. Finally, Amundi raised its holdings in Eversource Energy by 2.5% in the 4th quarter. Amundi now owns 2,380,030 shares of the utilities provider's stock valued at $160,247,000 after acquiring an additional 58,393 shares during the last quarter. Institutional investors and hedge funds own 79.99% of the company's stock. About Eversource Energy. Eversource Energy NYSE: ES is a publicly traded, regulated energy company headquartered in Hartford, Connecticut. The company's core business is the delivery and transmission of electricity and natural gas to residential, commercial and industrial customers across parts of New England. Eversource operates transmission and distribution networks, maintains electrical infrastructure, responds to outages and storms, and manages natural gas pipeline and distribution systems in the regions it serves. Eversource serves customers primarily in Connecticut, Massachusetts and New Hampshire, operating through locally regulated utility subsidiaries that administer customer service, billing, meter reading and localized operations. 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