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Company: NSTAR Gas & Electric Co.
Current Parent Company:
EverSource Energy
Parent at the Time of the Penalty Announcement:
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Recap of Ownership Changes:
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Penalty: $44,700,000
Year: 2015
Date: January 7, 2015
Offense Group: consumer-protection-related offenses
Primary Offense: consumer protection violation
Violation Description: NSTAR agreed to pay $44.7 million in refunds to customers in settlement of several outstanding cases concerning its capital improvements, pension expenses, and energy efficiency programs.
Level of Government: state
Action Type: agency action
Agency: Massachusetts Attorney General
Civil or Criminal Case: civil
Facility State: Massachusetts
HQ Country of Current Parent: USA
HQ State of Current Parent: Massachusetts
Ownership Structure of Current Parent: publicly traded
Major Industry of Current Parent: utilities and power generation
Specific Industry of Current Parent: utilities
Source of Data:
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Current parent company note: Parent-subsidiary relationship is current as of the most recent revision listed in the
Update Log.