Eversource Energy Company History Timeline
In 1999 Con Edison and Northeast Utilities entered negotiations that would have created one of the largest utilities in the United States.
In 1999 the company divested all of the generating assets of WMECO and CL&P per requirements of the Massachusetts and Connecticut legislation.
However, Con Edison backed out of the merger in 2001 after Connecticut's Attorney General Richard Blumenthal threatened lawsuits to block it.
In 2001, NU sold the assets and operations of its subsidiary, the Holyoke Water Power Company, to the City of Holyoke including the HWP electrical distribution system and customer base and all generation with the exception of the Mt.
In November 2006 the company had essentially completed the divestiture of its competitive businesses.
In June 2017 Eversource announced its merger with Aquarion Water Company for $1.675 billion.
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| Company Name | Founded Date | Revenue | Employee Size | Job Openings |
|---|---|---|---|---|
| The United Illuminating Company | 1899 | $80.0M | 500 | - |
| National Grid | 1935 | $2.5B | 22,650 | 526 |
| American Electric Power | 1906 | $15.6B | 17,666 | 884 |
| FirstEnergy | 1997 | $10.8B | 12,153 | 163 |
| PSEG | 1903 | $9.6B | 12,945 | 289 |
| Pacific Gas and Electric | 1905 | $18.5B | 24,000 | - |
| Ameren | 1997 | $5.8B | 8,615 | 268 |
| ONEOK | 1906 | $8.5B | 2,684 | 152 |
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Eversource Energy may also be known as or be related to Eversource, Eversource Energy, Eversource Energy Service Company and Northeast Utilities.