Eversource Energy (d/b/a) · NYSE:ES
Eversource Energy (d/b/a) — Eversource Energy — Investor Presentation (November 2025)
45 slides from Eversource Energy (d/b/a)'s investor presentation, Nov 5, 2025
Slide 1: Distributed Energy Resources Interconnection Seminar - Simplified Process
Distributed Energy Resources Interconnection Seminar Simplified Process Thank you for joining us. The presentation will begin at 9:00am. Please mute your phones to avoid any feedback. Thank you. Safety First and Always 1
Slide 2: Distributed Energy Resources Interconnection Seminar
Distributed Energy Resources Interconnection Seminar Eversource Energy November 5, 2025 Safety First and Always 2
Slide 3: Co-Hosts
Co-Hosts MassACA Safety First and Always 3
Slide 4: Eversource Energy Seminars 2025
Eversource Energy Seminars 2025 February 5 EMA Simplified March 12 WMA Expedited / Standard May 7 EMA Expedited / Standard June 11 WMA Simplified August 20 WMA Expedited / Standard September 17 EMA Simplified November 5 WMA Simplified December 10 EMA Expedited / Standard Safety First and Always 4
Slide 5: Safety
Regard ALL wires as live. Overhead power lines are Live Wires not insulated and carry enough energy to cause serious injury or even death. Safety Keep yourself, your co-workers, tools, ladders and Is the most important Keep Away vehicles at least 10 feet away from electric lines and thing to conside
Slide 6: Solar MA Renewable Target Program (SMART)
Solar MA Renewable Target Program (SMART) PROGRAM UPDATE Katelyn Pidala Associate Analyst, Customer Solar Programs Safety First and Always 6
Slide 7: Outline
Outline SMART 3.0 SMART Program Update (Western MA) Snapshot of SMART applications and claims Information on Renewable Credits Portal Safety First and Always 7
Slide 8: SMART 3.0
SMART 3.0 Projects that are eligible to participate in SMART 3.0 are currently expected to be able to submit SMART program applications to the statewide Solar Program Administrator after October 15th. Approved projects will be eligible to receive incentive payments and Alternative On-Bill Credit
Slide 9: SMART Program Update (WMA)
SMART Program Update (WMA) 2025 SMART application fees: – Smaller than 25 KW: $142 – Between 25 and 250 KW: $200 – Between 250 and 500 KW: $971 – Between 500 and 1,000 KW: $1,811 – Larger than 1,000 KW: $3,518 Safety First and Always 9
Slide 10: SMART Program Update
SMART Program Update Block capacity is always available on PowerClerk login page Safety First and Always 10
Slide 11: SMART Program Snapshot (WMA)
SMART Program Snapshot (WMA) Number of large SMART applications and incentive claims by status and type with (MW) (as of 10/29/2025): Behind the Meter Stand Alone Total No. of (BTM) (SA) Large SMART Application Projects or Claim Status Net Qualifying (> 25 kW- metering Facility AOBC NM QF AOBC AC) (
Slide 12: Overall Numbers
Overall Numbers Claim Approved Accounts WMA (>25 kW AC): 94 (133 MW) Total WMA Payments Last 12 Months (all sizes): $15.02M (240,087 MWH) Total Program Payments (since inception): $278M Safety First and Always 12
Slide 13: Renewable Credits Portal Update
Renewable Credits Portal Update Nearly 1200 users have signed up and submitted ~1500 AOBC forms and ~500 Schedule Z forms Portal is available at eversource- ext.gridx.com/ Log in using your eversource.com log in information. First time users must sign up for an online account. Access the Use
Slide 14: Ask Questions and Get Clarification
Ask Questions and Get Clarification CLEAResult Eversource SMART Team: (SMART Program Administrator): [email protected], 888-989-7752 [email protected], 844-726-7573 Safety First and Always 14
Slide 15: Questions?
Questions? Safety First and Always 15
Slide 16: Massachusetts Advanced Metering Infrastructure (AMI) Program
The Future of Energy: Massachusetts Advanced Metering Infrastructure (AMI) Program November 5, 2025 Tracy Famiglietti Manager - AMI Management Billing & Data Management Safety First and Always 16
Slide 17: Presentation Agenda
Presentation Agenda Why AMI AMI Overview Meter Deployment Timeline and Update AMI Capabilities Update Impacts to You Questions Safety First and Always 17
Slide 18: Eversource's Reason For AMI
Eversource’s Reason For AMI A MI P R O G R A M B E N E F I T S Advanced metering infrastructure (AMI) is a critical investment in modernizing how Eversource does business, transforming the way customers engage with and experience electric service, and achieving Eversource’s carbon reduction goals.
Slide 19: AMI Explained
AMI Explained A network of smart meters that connect to each other and a series of network devices using radio frequency (RF). All of these devices create a "Mesh Network" of improved coverage and communication between customers and Eversource. These meters unlock new capabilities like remote connec
Slide 20: Deployment Status
Deployment Status 2025 2026 2027 Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec WMA Start Hadley Pittsfield WMA Complete Waltham Mass Ave Springfield Network Deployment Network Deployment EMA Start Yarmo
Slide 21: WMA and EMA AMI Deployment Status
WMA AMI Network is 100% Installed EMA AMI Network is 22%+ Installed WMA Meter Deployment Is Under Way EMA Meter Deployment Starts Q1 2026 • Currently in Springfield, MA • 4 Pilot Accounts successfully exchanged to test EMA systems (Including 2 SMART solar • Next Areas are Pittsfield and Hadley accou
Slide 22: Initial and Future AMI Capabilities
FUTURE AMI CAPABILITIES (2026+) INITIAL AMI CAPABILITIES Ability for Remote Disconnect & Reconnect of Services (Went Live Q3, 2025) Outage Notifications and Enhanced Efficiency for Near Real-Time Meter Data Outage Detection and Restoration Systematic Data Collection Time Varying Rates to Save on Cus
Slide 23: How AMI Impacts You
How AMI Impacts You What you can expect where AMI is Live: Streamlined process to achieve PTO . Meter set is no longer required. AMI meters are already bi-directional and can support solar operations. What you can expect where AMR is still in place The existing Simplified process will be
Slide 24: Questions?
Questions? Safety First and Always 24
Slide 25: Simplified Interconnection Process
Simplified Interconnection Process Safety First and Always 25
Slide 26: Simplified Process
Simplified Process Current Eversource Interconnection tariff is MDPU No. 55C effective June 1, 2025. https://www.eversource.com/content/residential/account-billing/manage-bill/about-your- bill/rates-tariffs/electric-tariffs-rules Simplified (Non-Area Network) – A single-phase UL-Listed inverter-
Slide 27: Simplified Requirements
Simplified Requirements Electrical Sketch: Does not need to be PE stamped. Can be hand drawn but must be legible. Must show the existing/proposed service, including the revenue metering, and how/where the proposed generation will interconnect to it. Include the following: Customer Name and
Slide 28: Simplified Requirements Cont.
Simplified Requirements Cont….. Site Plan: Does not need to be PE Stamped. Can be hand drawn but must be legible. Include Customer name and address of facility. Must show parcel boundaries (property/lot lines and other generation. Must show revenue meter location and location of inverter(s
Slide 29: Simplified Process Flow
Simplified Process flow Log Into Simplified PowerClerk => https://www.eversource.com/content/residential/about/doing- business-with-us/interconnections/massachusetts/massachusetts-application-to-interconnect All correspondence between Eversource and the Customer / Installer happens through PowerCl
Slide 30: Simplified Compliance Letter (New)
Simplified Compliance Letter (New) To streamline and expedite the process, WMA and EMA have implemented the “Simplified Compliance Letter”. The signed Compliance Letter is now required to move forward with a Net Meter set. Safety First and Always 30
Slide 31: Eversource Meter Relocation Policy
Eversource Meter Relocation Policy When to request a review for relocation or variance Meter grouping – All the Revenue Meters, Disconnects and Production Meters are grouped together on either the exterior front or side of the building. This equipment must be located within 10 feet and in visible
Slide 32: Common Situations that Require a Separate Work Order
Common Situations that Require a Separate Work Order These situations require a Work Order to be initiated by the Electrical Contractor or Installer prior to submitting completion documents. Meter Relocation, Service Upgrade, installing a new Meter Socket Multiple Meters - Meter Consolidation –
Slide 33: Net Metering
Net Metering Simplified Projects are all Class I (Any generator up to 60 kW) Customer is compensated for energy produced after receiving approval to operate and all other requirements have been met. If you have questions regarding billing, compensation for exported energy, and/or credit alloca
Slide 34: Example Portal Generated Schedule Z for Net Metering
EXAMPLE- Portal Generated Schedule Z for Net Metering Host Customer Name: Joe Customer Telephone: (999)9999999 Address of Facility: 123 Main St, Anywhere, MA 01000 Billing Account Number: XXXXXXXXXX Meter Number: XXXXXXXX Application ID Number: ESMASI-XXXXX Is the Host Customer a: Municipality Other
Slide 35: Example – Schedule Z Allocation Spreadsheet
Example – Schedule Z Allocation Spreadsheet Safety First and Always 35
Slide 36: Net Metering and SMART Program Changes
Net Metering and SMART Program Changes DPU issued recent decisions making changes to net metering regulations (DPU 21-100-A) and SMART Program (DPU 20-145-D). Most significant changes include: Net Metering • Certain Solar facilities greater than 60 kW that serve onsite load behind the meter receive
Slide 37: Simplified System Modifications
Simplified System Modifications The Massachusetts MDPU 55C Tariff dictates the guidelines for interconnection in section: 5.0 RESPONSIBILITY FOR COSTS OF INTERCONNECTING A FACILITY 5.1 Review and Study Costs - The Interconnecting Customer shall be responsible for the reasonably incurred costs
Slide 38: Interconnection Contacts
Interconnection Contacts Eversource Energy – Western MA DG Simplified Projects • Matthew Secovich, Christina King, Anne Morrison • Email: [email protected] Expedited Projects • Matthew Secovich: [email protected] • Renata Gamache: [email protected] SMART • Email: SMAR
Slide 39: Massachusetts Resources
Massachusetts Resources Helpful Links Interconnection Resources on Eversource.com https://www.eversource.com/content/residential/about/doing-business-with- us/interconnections/massachusetts/massachusetts-application-to- interconnect/interconnection-resources Supply Chain Information on Eversourc
Slide 40: Questions?
Questions? Safety First and Always 40
Slide 41: Information about metering socket use?
Information about metering socket use? • Consult the WMA I&R book for approved meter sockets. • Link to WMA I&R book: https://www.eversource.com/content/docs/default-source/wma---pdfs/info- requirements-wma.pdf • Using a meter socket listed in the I&R book will AVOID DELAYS • All Stand-alone scenari
Slide 42: Instrument Transformer (IT) Rated Services
Instrument Transformer (IT) Rated Services: What does the Installation Contractor Provide? Diagrams – 1-line and 3-line diagrams Provide all diagrams and Approved IT cabinet equipment spec sheets to Eversource for review. Approved Meter Socket w/Test Switch Emergency disconnect All service v
Slide 43: IT Rated Services: What type of equipment do I use?
IT Rated Services: What type of equipment do I use? Consult the WMA I&R book for approved meter sockets AND IT rated transformer enclosures. All IT metering must be Cold Sequenced. Label Label Label. Clearly mark the Emergency Breaker, all IT cabinets and Meter sockets. The more we know when w
Slide 44: Questions?
Questions? Safety First and Always 44
Slide 45: Western Mass Service Territory
Western Mass Service Territory Safety First and Always 45
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