Friday, May 10, 2019
Northeast Utilities Research Paper Example | Topics and Well Written Essays - 2000 words - 1
Northeast Utilities - Research Paper ExampleThis informs that five companies that were once separatist constitute the Utility. In 2010, Northeast Utility further eluded their intention to merger with NSTAR but maintaining the title as Northeast Utility and this is still a subject of approval.It is worth noting that the company is listed in the Fortune calciferol with the headquarters at Berlin, Connecticut. The company also runs several subsidiaries in the business of retailing electricity and internal gas. The companys customer base in smart England is about 2.1 million and this qualifies it to be one of the largest public utilities in New England (Hoover, 2012). In this regard, the company has electric transmission lines covering 3,140 miles with about 32, 802 dissemination pole miles. Their natural gas distribution also covers an atomic number 18a of about 5,000 km2 (Murray, 2012). This utility serves the area of Connecticut, New Hampshire, and Western Massachusetts. With t he figures shown relating to the company, it is evident that the company occupies a niche in the market and controls a significant overlap of the market. To ascertain this carrying out, the company has consistently features in the fortune 500 list, which ranks some of the best-reputed companies in terms of performance and profit making in the world.The industry involves supply of energy through electricity and the natural gases. Considering the 5-forces that are essential in shaping industrial competition, this industry is not an exception. In any business, it is very grand to understand these forces so that one can identify the source of business strength and weaknesses so that the essential adjustments can follow. In this case, this industry faces fierce competition from other companies providing similar products-competitive rivalry. This includes other companies like, First Energy, UIL Holdings, UNITIL, NSTAR, and EnerNOC (Murray, 2012). The
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