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EVERSOURCE ENERGY

For the period ended May 1, 2025. Filed Mar 21, 2025.

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What shareholders are asked to vote on at a company's meeting. It is where to find what directors and top executives are paid, and who owns the most shares.

May 1, 2025 · Filed Mar 21, 2025

ES$69.84-2.9%Stored close · as of Nov 6, 2026
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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

SCHEDULE 14A

Proxy Statement Pursuant to Section 14(a) of

the Securities Exchange Act of 1934 (Amendment No. )

Filed by the Registrant ☒

Filed by a Party other than the Registrant ☐

Check the appropriate box:

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Preliminary Proxy Statement

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Confidential, for Use of the Commission Only (as permitted by Rule 14a-6(e)(2))

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Definitive Proxy Statement

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Definitive Additional Materials

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Soliciting Material under §240.14a-12

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(Name of Registrant as Specified In Its Charter)

(Name of Person(s) Filing Proxy Statement, if other than the Registrant)

Payment of Filing Fee (Check the appropriate box):

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No fee required.

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Fee paid previously with preliminary materials.

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Fee computed on table in exhibit required by Item 25(b) per Exchange Act Rules 14a6(i)(1) and 0-11

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2025 ANNUAL MEETING OF SHAREHOLDERS

​Dear Fellow Shareholders: On behalf of the Board of Trustees and employees of Eversource Energy, it is my pleasure to invite you to attend the 2025 Annual Meeting of Shareholders of Eversource Energy. In 2024, Eversource’s dedicated and engaged employees again provided safe, reliable energy and water service, top-class customer service, and focused storm response to our 4.6 million customers. We invested more than $4.6 billion into our core businesses in 2024 to improve our already strong reliability and customer service, harden our systems against the impact of extreme weather, and enable additional clean energy resources to connect to the grid. We completed the sale of our offshore wind assets, enhancing our balance sheet and reducing corporate risk. And we completed the Phase II divestiture process for our water distribution business, leading to the execution in January 2025 of a definitive agreement to sell Aquarion Water Company. These initiatives are positioning the Company to move forward as a pure-play electric and natural gas utility company with considerable and attractive opportunities for investment.​​​

We also continued our work as a catalyst and an enabler of New England’s clean energy transition. We received approval for our Massachusetts Electric Sector Modernization Plan, a roadmap for the investments needed to enable the Commonwealth’s clean energy future, achieve decarbonization goals, and accommodate growth in electric demand. We advanced our first-in-the-nation networked geothermal pilot project; received approval for additional solar energy projects coupled with battery storage; completed the first phase of our Cape Cod Solution transmission upgrade; and received federal grant commitments supporting our proposed Huntsbrook clean energy hub in Connecticut and an expansion of capabilities of our Battery Energy Storage System in Provincetown, Massachusetts. At year’s end, we also announced the acquisition of property in Everett, Massachusetts, that offers great promise as a potential future clean energy hub. We’ll work with state and community stakeholders to plan and design a future use that benefits all parties.

The past year brought positive developments on the regulatory and legislative front. In Massachusetts, we applauded the passage of climate legislation that included infrastructure siting reform. In New Hampshire, we received a positive interim rate decision while the Public Utilities Commission reviews our electric rate case. Unfortunately, a continued challenging regulatory environment in Connecticut directly contributed to credit rating downgrades for the state’s electric and natural gas utilities, including Eversource, which will increase the costs customers bear for system investments. We continue to work with all stakeholders in Connecticut to emphasize the need for a more constructive regulatory approach. We also understand that energy affordability is an increasing concern in all the areas we serve, and we are engaged in discussions on this topic with regulators and other stakeholders, while also offering extensive customer assistance programs.

Eversource continues to lead by example in the areas of responsibility and sustainability, and to make progress toward meeting our region’s carbon reduction targets. We maintained industry-leading ratings from top sustainability and governance evaluators and continued to deepen our company-wide commitment to employee engagement and collaboration with communities.

We strongly supported our communities throughout the year and were proud to receive independent national recognition for excellence in a variety of areas. These honors included Newsweek’s list of Most Responsible Companies; the JUST Capital list of Most JUST Companies; TIME magazine’s list of World’s Best Companies; USA Today and Statista’s list of America’s Climate Leaders; and Healthiest Employer’s list of the 100 Healthiest Workplaces in America. We were also honored to receive the U.S. Department of Labor’s Hire Vets Medallion, as well as honors from the Environmental Business Council of New England, American Council for an Energy-Efficient Economy, and others.

On behalf of your Board of Trustees, we thank you for your continued support of Eversource Energy.

Very truly yours,

Joseph R. Nolan, Jr.

Chairman of the Board, President and Chief Executive Officer

March 21, 2025

Notice of Annual

Meeting of Shareholders

​DATE:​​Thursday, May 1, 2025​
​TIME:​​10:30 a.m. Eastern Time​
​PLACE:​​Ropes & Gray LLP, 800 Boylston Street, Boston, Massachusetts 02199​

Business Items/Agenda

Elect the nine nominees named in the proxy statement as Trustees to hold office until the 2026 Annual Meeting.

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Consider an advisory proposal approving the compensation of our Named Executive Officers.

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Ratify the selection of Deloitte & Touche LLP as our independent registered public accounting firm for 2025.

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Approve proposed amendments to our Declaration of Trust to eliminate supermajority voting requirements and allow virtual annual meetings of shareholders.

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Consider a shareholder proposal titled “Support an Independent Board Chairman,” if properly brought before the meeting.

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Consider other matters that may properly come before the meeting.

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Adjournments and Postponements

The business items to be considered at the Annual Meeting may be considered at the meeting or following any adjournment or postponement of the meeting.

Record Date

You or your proxy are entitled to vote at the Annual Meeting or at any adjournment or postponement if you were an Eversource Energy shareholder at the close of business on March 4, 2025.

Voting

Whether or not you plan to attend the Annual Meeting, it is important that your shares be represented at the meeting. For specific instructions on how to vote your shares, please refer to the section entitled “Questions and Answers About the Annual Meeting and Voting” beginning on page 88. This Notice of Annual Meeting of Shareholders and our proxy statement are first being made available to shareholders on or about March 21, 2025.

Meeting Attendance Information

You or your proxy are entitled to attend the Annual Meeting or any adjournment or postponement if you were an Eversource Energy shareholder at the close of business on March 4, 2025 or hold a valid proxy to vote at the Annual Meeting. Please be prepared to present photo identification to be admitted to the meeting. If your shares are not registered in your name but are held in “street name” through a bank, broker or other nominee, and you plan to attend, please bring proof of ownership.

By Order of the Board of Trustees,

March 21, 2025

​​Important Notice Regarding the Availability of Proxy Statement Materials for the Annual Meeting of Shareholders to be held on May 1, 2025. The Proxy Statement for the Annual Meeting of Shareholders to be held on May 1, 2025 and the 2024 Annual Report are available on the Internet at www.envisionreports.com/ES​​
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