Eversource Energy: How Will Its Electrification Push Spark a Massive Growth Wave?

Eversource Energy reported its third-quarter 2025 financial results, evidencing both strategic progress and challenges. The company’s GAAP earnings for the quarter were $0.99 per share, factoring in a significant nonrecurring charge of $75 million related to its offshore wind liability, offset by tax benefits. Excluding this charge, non-GAAP earnings were $1.19 per share, up from $1.13 the prior year, mostly driven by infrastructure investments and strategic rate increases across various segments, including natural gas and electric distribution. On the positive side, Eversource Energy has made substantial progress in its infrastructure projects and regulatory engagements. The company has completed much of the construction for the Revolution Wind project and is close to energizing the onshore substation. The regulatory environment in Connecticut shows signs of improvement after recent changes in PURA’s composition, which could benefit upcoming regulatory decisions.