At Eversource, we have set an aggressive goal - to be the best energy company in the nation by 2020.
We have made significant headway in increasing the strength of two key pillars - customer reliability/ operational excellence and top tier financial performance. We plan to build upon this success.
In 2016, we focused on enhancing our customers’ experience by making it easier to do business with us; supporting a diverse and engaged group of nearly 8,000 employees who are ready to deliver great service safely; developing clean energy strategies that will enhance our environmental stewardship, and being a leading partner in the communities we serve.
This year, we released our Commitment to Environmental Sustainability, a statement that underscores our environmental priorities and highlights our role as a key catalyst for clean energy. This statement is an important component of our vision for how we conduct our business today and for future generations.
Of significance for this sustainability report is our emphasis on investing in our electric system to enhance reliability and meet growing customer demand, expanding our natural gas infrastructure, enhancing the customer experience by introducing a more customer-friendly bill format, providing improved outage information and enhanced voice and digital offerings, and developing the best clean energy solutions for our customers and the communities we serve.
As we work hand-in-hand with partners to be stewards of the environment, from clean energy to energy efficiency programs, to protecting the natural resources in our region, we know that perhaps the most critical opportunity for us to be a catalyst for change and opportunity is in the clean energy arena, where we can bring more clean, affordable and sustainable energy to New England.
Northern Pass Transmission, our partnership with Hydro Quebec, will infuse clean, renewable power from Canada to New England. Bay State Wind, our newly announced partnership with DONG Energy, the world’s largest and most successful developer of offshore wind generation, proposes the first large-scale offshore wind farm in North America. It has the potential to power one million homes.
Finally, in 2017, we expect to invest as much as $200 million in utility-scale solar development in Massachusetts.
We believe if we build upon our significant accomplishments, better define our position and strategy across all areas of clean energy, make the right investments, leverage existing community investments and continue to engage and empower our employees, we will reach our goal to be the best.
- James J. Judge
Chairman, President & Chief Executive Officer