ES · 10-Q · 2026Q3 · Full report

Regulated Capital Investment Plan

EVERSOURCE ENERGY · 2026-11-06 · Importance 38 · Surprise 32 · Contradicted

Consolidated capital expenditures, including incurred-but-unpaid and other specified non-cash items, were $3.14 billion in the first nine months of 2026, compared with $3.34 billion in the same period of 2025. Cash investments in property, plant and equipment were $3.05 billion for Eversource, including $748.3 million at CL&P, $1.18 billion at NSTAR Electric and $298.0 million at PSNH. Distribution capital expenditures totaled $2.210 billion, including $1.499 billion for electric distribution and $630.2 million for natural gas distribution. The Greater Cambridge Energy Program has an estimated total cost of $1.84 billion, with $300.4 million spent by September 30, 2026; Eversource’s share of a selected ISO-NE transmission project is approximately $700 million, with anticipated in-service in 2032.

Key facts

• Eversource, CL&P, NSTAR Electric and PSNH invested $3.05 billion, $748.3 million, $1.18 billion and $298.0 million, respectively, in property, plant and equipment in the first nine months of 2026.
• Eversource's consolidated capital expenditures were $3.14 billion in the first nine months of 2026, compared with $3.34 billion in the same 2025 period.
• Eversource's electric transmission capital expenditures were $783.3 million in the first nine months of 2026, compared with $808.6 million in the same 2025 period.
• Transmission revenues increased by $8.8 million at CL&P, $17.2 million at NSTAR Electric, and $13.1 million at PSNH for the nine months ended September 30, 2026, primarily due to higher transmission rate base from infrastructure investment.

Impact estimates