NSTAR
From Wikipedia, the free encyclopedia
- NSTAR was also the name of the Ion Engine tested on NASA's space probe Deep Space 1.
NSTAR (NYSE: NST) is a private utility company that provides retail electricity and natural gas to customers in eastern and central Massachusetts.
NSTAR was formed in 1999 by the merger of BEC Energy and Commonwealth Energy System. NSTAR currently has the following operating units: Boston Edison Company, Cambridge Electric Light Company, Commonwealth Electric Company, and NSTAR Gas Company (formerly Commonwealth Gas and Cambridge Gas Company). As a part of deregulation of the local electrical power industry, NSTAR has divested itself of all electric generation facilities, keeping only those elements of the business which remain regulated. NSTAR has ownership of unregulated district energy and telecommunications businesses including Medical Area Total Energy Plant, Inc. which produces electricity, steam and chilled water for sale to customers in the Longwood Medical Area of Boston.
NSTAR sold its interest in the Seabrook Station nuclear power plant to FPL Group in 2002.
[edit] External links
- NSTAR website.
- FPL Press Release on purchase of Seabrook Station nuclear power plant.
- Proceedings from the Boston Edison restructuring from the Massachusetts Department of Telecommunications and Energy.