Discontinued — last reported Q1 '26
Other
Rate Reduction Bonds
Eversource Energy Rate Reduction Bonds decreased by 7.7% to $259.26M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 14.3%, from $302.47M to $259.26M. Over 5 years (FY 2020 to FY 2025), Rate Reduction Bonds shows a downward trend with a -10.8% CAGR.
Analysis
StatementBalance Sheet Statement
SectionOther
CategoryLeverage
SignalContext dependent
VolatilityStable
First reportedQ4 2017
Last reportedQ1 2026May 7, 2026
How to read this metric
An increase indicates the securitization of specific regulatory assets, while a decrease reflects the amortization of these obligations.
Detailed definition
These are specialized debt instruments issued by utilities to recover specific costs, such as storm recovery or environm...
Peer comparison
Common among utilities in states with specific legislation allowing for the securitization of stranded or recovery costs.
Metric ID:
other_rate_reduction_bondsHistorical Data
20 periods
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $475.31M | $453.70M | $453.70M | $432.10M | $432.10M | $410.49M | $410.49M | $388.89M | $388.89M | $367.28M | $367.28M | $345.68M | $345.68M | $324.07M | $324.07M | $302.47M | $302.47M | $280.86M | $280.86M | $259.26M |
| QoQ Change | — | -4.5% | +0.0% | -4.8% | +0.0% | -5.0% | +0.0% | -5.3% | +0.0% | -5.6% | +0.0% | -5.9% | +0.0% | -6.3% | +0.0% | -6.7% | +0.0% | -7.1% | +0.0% | -7.7% |
| YoY Change | — | — | — | — | -9.1% | -9.5% | -9.5% | -10.0% | -10.0% | -10.5% | -10.5% | -11.1% | -11.1% | -11.8% | -11.8% | -12.5% | -12.5% | -13.3% | -13.3% | -14.3% |
Range$259.26M – $475.31M
CAGR-12.0%
Avg YoY Growth-11.3%
Median YoY Growth-11.1%
Rate Reduction Bonds at Other Companies
Frequently Asked Questions
- What is Eversource Energy's rate reduction bonds?
- Eversource Energy (ES) reported rate reduction bonds of $259.26M in Q1 2026.
- How has Eversource Energy's rate reduction bonds changed year-over-year?
- Eversource Energy's rate reduction bonds decreased by 14.3% year-over-year, from $302.47M to $259.26M.
- What is the long-term trend for Eversource Energy's rate reduction bonds?
- Over 5 years (2020 to 2025), Eversource Energy's rate reduction bonds has grown at a -10.8% compound annual growth rate (CAGR), from $496.91M to $280.86M.
- What does rate reduction bonds mean?
- Specialized bonds repaid by customers through specific surcharges on their utility bills.