Northeast Utilities
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Northeast Utilities (NU) is a publicly-traded, Fortune 500 energy company headquartered in Berlin, Connecticut, with several regulated subsidiaries offering retail electricity and natural gas service to more than 2 million customers in New England.
NU is New England's largest energy delivery system, with more than 3,000 circuit miles of electric transmission lines and 32,800 pole miles of distribution lines throughout the region, and a natural gas distribution system encompassing more than 2,000 square miles in Connecticut.
Its electricity subsidiaries include Western Massachusetts Electric Company (WMECO), Connecticut Light & Power Company (CL&P) and Public Service Company of New Hampshire (PSNH). Its Yankee Gas Services Company also provides retail natural gas service to parts of Connecticut.
NU was formed on July 1, 1966, with the merger of CL&P, WMECO and The Hartford Electric Light Company under a single parent company, creating the first new multi-state public utility holding company since the enactment of the Public Utility Holding Company Act of 1935. In 1967, Holyoke Water Power Company (HWP) joined the NU System, followed by PSNH in 1992.
In November 2005, the company announced it would sell its unregulated competitive businesses, including generation and energy services. In November 2006 the company had essentially completed the divestiture of its competitive businesses.
