Transmission Intern - Business Systems Analyst

Eversource Energy has secured up to $47.7 million in federal funding to deploy dynamic line rating technology across its 4,000-mile transmission grid. Its shares trade at $65.99, down 1% on the day and about 11.6% over 90 days. The three-year total shareholder return is roughly 40.6%. One popular analyst narrative puts fair value at $73.58, which would make the stock about 10% undervalued. A discounted cash flow model from Simply Wall St gives $58.78, suggesting the shares are expensive. Risks include tighter regulatory returns and further Revolution Wind charges. Massachusetts officials are also pressing the company to speed up ratepayer refunds.

Connecticut Attorney General William Tong vows to fight Eversource's appeal over regulators' denial of more than $300 million in storm-cost interest. Connecticut Attorney General William Tong vowed Thursday, Oct. 15, 2026, to aggressively defend a state regulatory decision rejecting more than $300 million in interest payments sought by Eversource for storm restoration costs. Tong said the Public Utilities Regulatory Authority's denial was necessary because the interest charges were "outrageous, unaffordable, and unjustified," and ratepayers should not bear costs on unapproved expenses. Eversource filed a lawsuit on Oct. 15 in New Britain Superior Court challenging the Public Utilities Regulatory Authority's decision to cut more than $500 million from the utility's storm-cost reimbursement, including the rejection of over $300 million in carrying charges or interest on storm restoration expenses incurred between 2018 and 2023, according to court documents and statements from the Office of the Attorney General (OAG). The utility contends PURA ignored state law and precedent by denying interest on costs it financed while awaiting regulatory approval, arguing it is entitled to recoup these carrying costs. Eversource also disputes PURA's reduction of roughly $7.7 million in crew costs, which the company says was based on faulty methodology, according to a spokeswoman, Jamie Ratliff. The final PURA decision, issued July 29, 2026, approved $861 million in deferred storm costs but disallowed roughly $500 million of Eversource's request. Attorney General William Tong said the Public Utilities Regulatory Authority's denial of the interest charges was justified because the costs were "outrageous, unaffordable, and unjustified," and that ratepayers should not be responsible for interest on expenses that had not been vetted or approved. Tong said the fight centers on "hundreds of millions of dollars in unjustified interest payments for years where they had never even asked for recovery," calling the July 29 PURA decision approving approximately $861 million in deferred storm costs while rejecting retrospective carrying charges "an important victory for Connecticut ratepayers." Tong pledged to continue scrutinizing "every dollar Eversource requests from ratepayers, including in its upcoming rate case," according to a statement from his office. This included more than $100 million in principal storm expenses and $397 million in retroactive carrying charges, records show. The approved amount was further reduced by approximately $91 million already paid by customers for storms, $2.1 million in mutual aid revenue, and a $100 million ratepayer-funded credit authorized in an April 22 decision. The total amount to be collected from customers is $668 million plus applicable going-forward carrying charges, according to PURA filings. The dispute dates back to Dec. 15, 2025, when Eversource sought PURA approval to recover nearly $1 billion in projected storm costs plus over $300 million in associated interest payments. Tong filed a brief on April 29, 2026, urging PURA to reject the interest payments as "premature, unprecedented and should be rejected." In June 2026, PURA issued a draft decision approving $933 million in storm costs but rejecting carrying costs entirely, aligning with the Office of the Attorney General's position. The final decision in late July reduced the approved amount to $861 million, excluding the carrying charges. The Office of Consumer Counsel (OCC) also raised concerns during the regulatory review, citing issues with external contractor costs, improper storms included for recovery, pre-staging costs, inadequate documentation, and misapplication of mileage standards. OCC recommended PURA reduce Eversource's request by 50%, approving no more than $689.5 million, or as little as $484.5 million if existing storm reserves were applied, according to OCC filings. Consumer Counsel Claire Coleman criticized Eversource's ongoing legal challenges, saying the company is "grasping in court and before PURA" and pursuing "meritless appeals" that subject ratepayers to an "endless cycle of financial demands and litigation." Coleman accused the utility of prioritizing financial recovery over accepting the outcome of a three-year regulatory review. Eversource's legal challenge also highlights delays in the regulatory process. The utility filed 74 motions for extensions of time to respond to discovery requests, resulting in more than 1,000 days of delay, according to statements from the Attorney General's office. Tong said Eversource "expressed outrage at the process" rather than addressing the questions promptly. Assistant Attorneys General Caroline McCormack, John Wright, and Deputy Associate Attorney General Michael Wertheimer are assisting Tong in defending the PURA decision. A spokesperson for PURA declined to comment on the appeal. Since taking office, Tong has blocked upwards of $1 billion in requested rate hikes from gas, electric, and water companies owned by both Eversource and United Illuminating, according to his office. The outcome of the lawsuit will determine whether Eversource can recover the disputed carrying charges and additional storm costs, potentially affecting future rate cases and regulatory oversight of utility storm cost recovery in Connecticut.

Ransomware Group Redact hits: Eversource Energy. HookPhish team Target organization Eversource Energy eversource.com Energy & Utilities Summary. In the latest cybersecurity news, Eversource Energy - an organization based in US - has fallen victim to a ransomware attack conducted by the group Redact. This data breach, discovered on Oct 12, 2026, 03:23 UTC, underscores the increasing need for proactive cybersecurity defenses as HookPhish continue through 2026. Incident report. | Target Organization | Eversource Energy | | Threat Group | Redact | | Summary | Sector: Energy Distribution | Revenue: $14B USD | | Date of Breach | Oct 12, 2026, 03:22 UTC | | Discovery Date | Oct 12, 2026, 03:23 UTC | | Region | US | | Target Domain | eversource.com | | Business Sector | Energy & Utilities | How to reduce your ransomware risk. Most ransomware intrusions start with a stolen password or a phishing email. A few proactive steps sharply cut your exposure: * train staff to spot attacks - close the gap attackers exploit. * monitor the dark web for leaked logins - close the gap attackers exploit. Disclaimer. HookPhish does not engage in the exfiltration, downloading, taking, hosting, viewing, reposting, or disclosure of any stolen information. All breach data reported here is sourced from publicly available threat intelligence feeds for awareness purposes only.