Nstar

Industry:	Electricity, Oil & Gas
Ranking:	Russell 3000, Fortune 1000
Revenues:	$3.3 Billion
Employees:	3,150

Description

NSTAR is a holding company engaged in the energy delivery business. The Company through its subsidiaries is involved in serving approximately 1.4 million customers in Massachusetts, including approximately 1.1 million electric distribution customers in 81 communities and approximately 300,000 natural gas distribution customers in 51 communities. NSTAR derives its revenues from the sale of energy, distribution and transmission services to customers. NSTAR’s operating segments are the electric and natural gas utility operations that provide energy delivery services in 107 cities and towns in Massachusetts. Effective January 1, 2007, ComElectric, Cambridge Electric and Canal merged into Boston Edison. Pursuant to the merger, Boston Edison was renamed NSTAR Electric Company (NSTAR Electric).
(Source: 10-K)

Products & Services

gas delivery, electricity, energy delivery, gas utility

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Site Rank:	33,411
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News Archive

Fitch Affirms NSTAR & Subsidiaries Ratings; Outlook Stable. Business Wire; 8/17/2009 ...Ratings has affirmed the outstanding ratings of NSTAR and its subsidiaries as shown below: NSTAR --Long-term Issuer Default Rating (IDR...at 'F1'; --Senior unsecured at 'A'. NSTAR Electric Company --Long-term IDR at 'A... ...more

NSTAR Awarded $10 Million in Federal Stimulus Funds to Enhance Electric Reliability. Energy Weekly News; 11/13/2009 ...S. Department of Energy today awarded NSTAR Electric $10 million in federal stimulus...utilizing GE's smart grid technologies, NSTAR will further-improve service reliability...frequency and duration of customer outages. NSTAR already has one of the largest automated... ...more

NSTAR Delivers Winter Price Cut for Natural Gas Customers. Energy Weekly News; 10/2/2009 Just as NSTAR Gas customers begin to turn up the thermostat...38 percent lower than it was last year. NSTAR has filed a winter price of $0.7703 per...of $1.2424 per therm. The last time NSTAR's winter rate was this low was in January... ...more