- 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
- Mar 11, 1999
- Business
- The Connecticut Light and Power Company (CL&P), a wholly owned subsidiary of Eversource Energy, operates as a regulated electric utility, engaging in the purchase, delivery, and sale of electricity to approximately 1.27 million residential, commercial, and industrial customers across 149 cities and towns in Connecticut, spanning about 4,400 square miles; it maintains electric distribution and transmission infrastructure as part of the interstate New England power grid, furnishes retail franchise electric service, and supports regional transmission without owning generation facilities. Founded in 1917 and headquartered in Berlin, Connecticut, CL&P focuses on reliable energy delivery, energy efficiency programs, and integration of clean energy resources such as solar, offshore wind, electric vehicles, and battery storage. In recent developments, CL&P declared preferred dividends in March 2025, participated in Connecticut's regulatory shift with new Public Utilities Regulatory Authority commissioners appointed in 2025 to foster balanced outcomes and increased transmission investments amid rising electricity demand, and benefited from state borrowing initiatives in 2025 that lowered customer rates by implementing electric bill reductions averaging $9 monthly for Eversource customers effective September 2025. Eversource, its parent, extended a key energy research partnership with the University of Connecticut through 2028 with $14 million in funding to advance clean energy, offshore wind, weather forecasting, and grid modernization benefiting CL&P's operations, while pursuing strategic renewable infrastructure enhancements and divestitures of non-core assets to concentrate on regulated utilities.