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2019 Business of the Year: Eversource

Published Thursday May 16, 2019

Author Matthew J. Mowry

2019 Business of the Year: Eversource

Business NH Magazine and the NH Association of Chamber of Commerce Executives have celebrated the NH Businesses of the Year and Business Leader of the Year for 25 years. Awards are given to one Business Leader and 10 NH companies, in specific categories. Congratulations to our Business of the Year in Business Services.

As NH’s largest energy company, the effect Eversource has on the state is far reaching: serving nearly a half-million customers in 211 communities and employing 1,400. William J. Quinlan, NH operations president (the parent company is out of Connecticut), says he is proud of the investments in NH. In 2018 alone, the company spent more than $290 million in transmission and distribution upgrades. And, since 2014, the company has installed 1,000 smart switches that allow trouble spots to be isolated so power can be rerouted quickly.

In December, Eversource was given a green light to build an $84 million, 13-mile transmission line in the Seacoast. In 2017, it completed construction of the Merrimack Valley Reliability Project to handle forecasted growth in southern NH.

And one thing people may not know about Eversource is that it supplies water to roughly 9,300 customers through its acquisition of Aquarion. Another project Eversource has taken on is a partnership with Lindt Chocolate in Stratham to save Lindt 3.5 million kilowatt hours of electricity annually, cutting greenhouse gas emissions by more than 1,600 tons annually.

Eversource’s improvements have not gone unnoticed. It received the Emergency Recovery Award from the Edison Electric Institute for its restoration of power after major storms.

The company has also refocused its efforts to give back to communities. More than 650 employees volunteered more than 2,350 hours in 2018 to help nonprofits. Also employee and corporate contributions to Granite United Way totaled more than $367,000 last year. In addition, Eversource contributed more than $130,000 to Easterseals NH for its signature event.

In total, the Eversource Foundation gave nearly $650,000 to NH organizations last year, including more than $132,000 in community grants of up to $2,500 to nonprofits throughout the state. “You simply can’t find a more civic-minded organization filled with people who are truly committed to making a difference within their community,” says Larry J. Gammon, president and CEO of Easterseals NH and a former Business Leader of the Year.

It also partnered with Manchester Community College and the International Brotherhood of Electrical Workers to create a program that allows students to work as they learn.

As for the future, Quinlan says they are planning to integrate emerging technologies like battery storage, and the expansion of electric vehicles. “It’s exciting for us,” Quinlan says. “We want to be the catalyst for clean energy. It’s increasingly clear getting to a lower carbon footprint is important to the country.”

Join us for the Business of the Year and Business Leader of the Year awards luncheon on May 30th. Register here. The registration fee of $65 per person, or $600 for tables of ten, includes luncheon. A portion of the proceeds benefits the NH Association of Chamber of Commerce Executives.

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