Eversource Energy (D/B/A) Common Stock (ES)

Competitors to Eversource Energy (D/B/A) Common Stock (ES)

Consolidated Edison 

Consolidated Edison, operating in the same regional market as Eversource Energy, competes in providing electric, gas, and steam services to customers. Both companies focus on delivering reliable energy solutions while investing in clean energy initiatives. Consolidated Edison has a strong presence in New York City, giving it access to a diverse customer base, while Eversource has a more extensive service area in New England. This regional competition can lead to overlaps in customer acquisition and retention efforts, as both companies strive to improve customer service and reduce energy costs.

Duke Energy 

Duke Energy is one of the largest electric power holding companies in the United States and competes with Eversource Energy through its extensive service footprint across several states. Duke Energy has diversified its energy portfolio and invests in both traditional and renewable energy sources, aiming to provide reliable energy to a large customer base. While Duke has a broader geographical reach, Eversource specializes in the New England market, allowing it to focus on regional energy solutions and localized customer service strategies. This geographical advantage helps Eversource build stronger community ties but may limit its ability to expand rapidly outside its core market.

NextEra Energy 

NextEra Energy is one of the largest renewable energy companies in America and competes with Eversource Energy by focusing on sustainable energy generation and utility services. NextEra's significant investments in wind and solar power allow it to offer innovative energy solutions, attracting customers looking for green energy alternatives. While Eversource is also investing in renewable energy, NextEra's scale and established reputation in clean energy give it a competitive advantage in appealing to environmentally-conscious consumers and institutional clients.

PSEG (Public Service Enterprise Group) 

PSEG, while primarily focused on New Jersey and the surrounding region, competes with Eversource Energy in the northeastern U.S. energy market, particularly regarding electric service and renewable energy initiatives. Both companies are investing in modernizing their infrastructure and improving service reliability. PSEG's size and capabilities in both generation and delivery afford it certain economies of scale that Eversource may not have. However, Eversource's commitment to customer engagement and sustainable energy solutions helps differentiate its services.