The Connecticut Light and Power Company (CNLPL) Research

The Connecticut Light and Power Company (CL&P) operates as a regulated electric utility. Its primary function involves the procurement, distribution, and retail sale of electricity to a diverse customer base, including households, businesses, and industrial facilities. As of December 31, 2021, CL&P served roughly 1.27 million retail customers across 149 cities and towns throughout Connecticut, covering an expansive service area of 4,400 square miles. The company, which was established in 1927, maintains its corporate headquarters in Berlin, Connecticut, and is a subsidiary of Eversource Energy.

Market snapshot

Symbol
CNLPL
Price
$52.07
Day change
0.00%
Market cap
$314.3M
P/E ratio
16.18x
52-week range
51-54
Sector
Utilities
Industry
Regulated Electric

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