Eversource’s 10-year plan helps achieve the commonwealth’s decarbonization milestones through 2040 by achieving a 180% increase in electrification hosting capacity, which will provide additional capacity to enable 2.5 million electric vehicles statewide, 1 million residential heat pumps within the company’s territory, and an incremental 2.2 GW of additional solar hosting capacity, bringing the total distributed energy resource (DER) hosting capacity systemwide to 5.8 GW. The energy company’s system engineers predict an approximately 20% increase in electric demand in the next decade driven primarily by imminent economic growth and a 150% electric demand increase by 2050, driven by electrification of heating systems (50%) and transportation (25%), as well as normal load growth (25%). To safely and reliably meet the needs of its customers and the commonwealth’s clean energy goals, Eversource has proposed building new clean energy substations and conducting significant upgrades on existing substations, which are all critical components of the electric delivery system. These investments will be complemented by improvements to the grid to better withstand the impacts of major storms, flooding, and other threats increasing due to climate change. Integrated gas-electric planning is also a critical component of the ESMP. 

As part of its commitment to an equitable clean energy future, Eversource actively engaged with the GMAC over the last eight months to inform the public and solicit feedback to the draft ESMP filed with the DPU last September – conducting technical conferences and hosting two stakeholder meetings that were recorded and made available publicly, as well as provided language interpretation services. With the establishment of the CESAG, community-based organizations will help inform and enhance the energy company’s stakeholder and community engagement through the development of a governing framework that will ensure the company’s diverse communities are engaged early and often in the decision-making process, offering greater opportunity for conversation and collaboration.

More information on the ESMP is available on the dedicated webpage of Eversource’s website.

Eversource (NYSE: ES), celebrated as a national leader for its corporate citizenship, is the #1 energy company in Newsweek’s list of America’s Most Responsible Companies for 2024 and recognized as a Five-Year Champion, appearing in every edition of the list. Celebrated as a national leader for its corporate citizenship, Eversource transmits and delivers electricity and natural gas and supplies water to 1.8 million customers throughout Massachusetts, including approximately 1.47 million electric customers in 140 communities, 639,000 gas customers in 117 communities, and 11,500 water customers in five communities. Eversource harnesses the commitment of approximately 9,900 employees across three states to build a single, united company around the mission of safely delivering reliable energy and water with superior customer service. The #1 energy efficiency provider in the nation, the company is empowering a clean energy future in the Northeast, with nationally recognized energy efficiency solutions and successful programs to integrate new clean energy resources like a first-in-the-nation networked geothermal pilot project, solar, offshore wind, electric vehicles and battery storage, into the electric system. For more information, please visit eversource.com, and follow us on X, Facebook, Instagram, and LinkedIn. For more information on our water services, visit aquarionwater.com.