UTL
- Unitil Corporation
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Overview
Company Summary
Unitil Corporation is a public utility holding company operating primarily in the Northeastern United States. Through its subsidiaries, Unitil serves residential, commercial, and industrial customers across four states - New Hampshire, Massachusetts, Maine, and Rhode Island.
The company is primarily engaged in the distribution of electricity and natural gas. Unitil's electric utility subsidiaries deliver electricity to approximately 107,000 customers, while its gas utility subsidiaries provide natural gas to around 84,000 customers. The company owns and operates a network of transmission and distribution lines and pipeline systems to ensure the reliable delivery of electricity and gas to its customers.
Unitil also offers energy-related services beyond providing electricity and natural gas. It provides energy efficiency programs that assist customers in reducing their energy consumption and lowering their carbon footprint. These programs offer incentives and rebates to encourage the adoption of energy-efficient equipment and practices.
In addition to its utility operations, Unitil is involved in the operation and maintenance of electrical generation facilities, which include solar and hydroelectric generation facilities. These facilities help to enhance the reliability of the electricity supply and support sustainable energy production.
Overall, Unitil Corporation plays a vital role in ensuring the availability and reliability of electricity and natural gas to customers in the Northeastern United States, while also promoting energy efficiency and sustainable energy practices.