- CEO
- Paul Chodak
- Full Time Employees
- 1,599
- Sector
- Utilities
- Industry
- Regulated Electric
- Address
- 107 Selden Street Berlin CT United States of America 06037-1616
- IPO Date
- Jun 6, 2014
- Business
- The Connecticut Light and Power Company is a regulated electric utility serving residential, commercial, and industrial customers in Connecticut. The company provides electric utility services including the purchase, transmission, delivery, and sale of electricity primarily within parts of Connecticut, serving approximately 1.2 million customers across over 150 cities and towns. Its main offerings encompass electricity distribution and retail franchise electric service. The company operates under the parent company Eversource Energy and also participates in electric transmission business serving New England customers. Founded in 1917, it is headquartered in Berlin, Connecticut. Recently, the company has been involved in strategic regulatory developments with the Connecticut Public Utilities Regulatory Authority (PURA), including rate adjustments approved for 2024 and 2025 to stabilize and lower customer electric rates. Additionally, the company is active in infrastructure investment, environmental compliance, and fostering electric choice programs that allow customers to select alternative electricity suppliers. It declared preferred dividends and has responded to regulatory decisions impacting its business operations, focusing on rate stabilization amid market volatility. The company continues expanding its role in New England’s electric utility sector while maintaining a stable service footprint in Connecticut. These recent changes reflect strategic regulatory and financial management adjusting to market and policy dynamics within the last two years.