Connecticut Light & Power

What Connecticut Light & Power does

Connecticut Light and Power Company (CL&P), founded in 1913 and doing business as Connecticut Light & Power, is a regulated utility subsidiary of Eversource Energy (NYSE: ES) that delivers electricity, natural gas, and water to residential and business customers within an exclusive service territory in Connecticut. The company operates as the Connecticut franchise within Eversource's multi-state regulated utility platform, which also includes NStar Electric in Massachusetts and Public Service Company of New Hampshire, and its rates are set through Connecticut regulatory tariff processes rather than competitive market pricing.

CL&P's core offerings are organized around a residential customer platform that bundles account and billing management (one-time and auto-pay, usage history), outage and storm response (reporting, restoration tracking, mutual aid), service start/stop/transfer, energy-efficiency and bill-assistance programs, safety services (including gas leak reporting), and supplier-choice information. Underlying technology is conventional utility infrastructure: a defined outage management and restoration process, owned distribution grid assets in Connecticut, plus a digital self-service layer comprising the eversource.com residential portal, iOS and Android mobile applications, and SMS-based outage alerts routed to short code 23129. Social channels (Facebook, YouTube, LinkedIn, Instagram) support top-of-funnel customer engagement and safety communications.

The business model is a regulated rate-of-return utility franchise: revenue is generated through tariffed volumetric and fixed charges for distribution services within the Connecticut territory, with no traditional customer-acquisition motion because the service area is granted by state regulators. Customer concentration is structurally low across a broad residential and business base, and churn exposure is minimal because end users cannot practically switch distribution utilities within the franchise area. CL&P has no standalone funding, M&A, or product-launch activity disclosed in the input; its most recent material corporate event was the 2015 rebranding of parent Northeast Utilities to Eversource Energy, which unified the state operating subsidiaries under a single brand while preserving separate legal entities.

Name

Connecticut Light & Power

Legal name

Connecticut Light and Power Company

Website

https://cl-p.com

Company type

Public

Founded year

1913

Operating status

Operating

Headcount range

1,001–5,000 employees

Short description

Connecticut Light & Power is a regulated electric, natural gas, and water utility subsidiary of Eversource Energy, delivering distribution services to residential and business customers across an exclusive Connecticut service territory under state-approved tariffs.

Ownership category

akta.pro rank

Product category

Electric Utility Distribution

NAICS

Electric Power Transmission, Control, and Distribution (22112), Natural Gas Distribution (221210), Utilities (22)

SIC

Electric Services (4911), Electric, Gas & Sanitary Services (4900)

akta.pro primary industry

Medium-Voltage (MV) Distribution Substations & Switchgear (EUADACAB)

akta.pro secondary industries

Customer Self-Service Portals & Digital Experience (Web/Mobile) (EUAJAHAK), Power Transformers, Reactors & Auxiliary Power Systems (EUADACAJ)

Keywords

• Electricity distribution
• Natural gas delivery
• Water utility services
• Outage management
• Energy efficiency programs

Headquarters

HQ city

Berlin

HQ country

United States

HQ region

North America

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Infrastructure, Operations, Personnel, Supply Chain, Technology or R&D, Marketing or Sales

Distribution channels3 records

Marketing channels6 records

Core offering

Connecticut Light & Power distributes electricity, natural gas, and water to residential and business customers across Connecticut through its regulated utility grid. The company provides account management, bill payment, outage reporting, energy savings programs, and safety services as part of its regulated utility operations.

Product overview

Connecticut Light & Power operates as a brand under Eversource, providing residential energy services including electricity delivery, natural gas distribution, and water services. The company offers a unified portfolio of customer-facing services organized around account management, outage response, energy efficiency, and safety. Key service offerings include Account & Billing (bill payment and usage management), Outages & Storms (power restoration and mutual aid), Services (start/stop/transfer), Save Money & Energy (efficiency programs), Safety (gas emergencies and community safety), and Supplier Options (competitive supply choices). A mobile application is available on iOS and Android platforms. The company serves residential customers across Connecticut as part of the Eversource Energy utility network.

Differentiator

Problem solved

Functional benefit

Products and services

• Account & Billing Residential energy account management service enabling customers to view usage history, pay bills, and set up auto-pay or one-time payments.
• Outages & Storms Outage reporting and restoration service allowing customers to report power outages, check status, view restoration progress, and access mutual aid response information.
• Services (Start, Stop, Transfer) Service initiation, termination, and transfer service for residential customers when moving or connecting new residential service.
• Save Money & Energy Energy efficiency programs, seasonal savings tips, usage monitoring, and bill assistance programs for residential customers.
• Safety Natural gas safety information, community safety resources, and emergency response services including gas leak reporting.
• Supplier Options Service providing information on choosing third-party energy suppliers and understanding supply rate options for residential customers.
• Eversource Mobile App Mobile application available on iOS and Android for managing energy accounts, reporting outages, paying bills, and accessing energy information on the go.

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Recent moves3 records

Expansion highlights4 records

Direct peers

• Avangrid: Owns United Illuminating, the other major regulated electric distribution utility in Connecticut, directly competing with CL&P for service territory and regulatory attention. Operates regulated electric and gas utilities across the Northeast under a similar holding-company structure.
• NSTAR Electric: Eversource Energy's regulated electric distribution subsidiary in Massachusetts; a sister entity to CL&P with essentially identical operations, technology stack, and parent-level resources. Provides the cleanest one-to-one operational comparable for CL&P.
• Public Service Company of New Hampshire: Eversource's regulated electric utility subsidiary in New Hampshire, another sister company to CL&P. Operates under the same parent oversight, IT systems, and capital allocation framework with comparable service offerings.
• National Grid: Operates regulated electric and gas distribution utilities in Massachusetts, New York, and Rhode Island, directly overlapping with CL&P's New England territory. Comparable regulated distribution business model and customer-facing service offerings.

Regional players

• Consolidated Edison: Regulated electric, gas, and steam utility serving New York City and Westchester; comparable in scale, multi-utility structure, and customer density to CL&P. Provides a benchmark for Northeastern regulated utility performance and rate-case outcomes.
• Orange and Rockland Utilities: Subsidiary of Consolidated Edison serving parts of New York, New Jersey, and Pennsylvania with regulated electric and gas service. Comparable as a small-to-mid-sized regulated combination utility in the same Northeast regulatory ecosystem.
• Public Service Enterprise Group (PSEG): Regulated electric and gas utility holding company serving New Jersey; comparable in being a Northeast regulated utility with similar regulatory frameworks, customer mix, and exposure to state-level energy transition policy.
• Central Hudson Gas & Electric: Regulated electric and gas distribution utility in New York's Hudson Valley. Comparable in scale, service mix, and the regulatory environment in which it operates, providing a relevant benchmark for a mid-sized Northeast combination utility.

Broad incumbents

• NextEra Energy: Largest U.S. electric utility holding company with regulated Florida Power & Light operations and a major renewable generation portfolio. Comparable as a benchmark for large-cap regulated utility capital allocation, customer service standards, and rate-base growth trajectory.
• Duke Energy: One of the largest U.S. investor-owned regulated electric utilities operating across the Southeast and Midwest. Comparable as a benchmark for utility-scale digital customer service platforms, storm-response capabilities, and multi-state rate case strategy.

Market position

Strengths4 records

Weaknesses5 records

Competitive moat4 records

Key risks5 records

Key highlights5 records

Customer concentration

• YouTubeyoutube.com/channel/UCpq2zozgxhuM4iafvhVImVg
• Facebookfacebook.com/ctlightandpower
• LinkedInlinkedin.com/company/eversourceenergy
• Instagraminstagram.com/eversourceenergy
• Xx.com/ctlightandpower

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Connecticut Light & Power