Eversource Energy is a regulated electric, natural gas and water utility serving customers across New England, primarily in Connecticut, Massachusetts and New Hampshire, delivering energy under rates approved by state utility regulators. As a regulated utility, its earnings are tied to a rate of return approved by regulators on the capital it invests in its electric grid, gas distribution and water infrastructure, providing predictable earnings in exchange for accepting limits on customer rates. The company previously held investments in offshore wind projects off the New England coast before selling those stakes, refocusing its strategy more narrowly on its core regulated electric, gas and water utility operations. Eversource's growth is tied to the rate base expansion it can achieve through regulator-approved infrastructure investment across its New England service territories, along with regional population and economic growth.