Green Bonds

Green Bonds

A green bond is a fixed income instrument designed specifically to support climate-related or environmental projects. NSTAR Electric's was the first Massachusetts-based utility distribution company to issue a green bond. Offering the green bonds is another way the company has supported energy efficiency efforts and renewable energy development in Massachusetts.

The company also committed to report the key environmental features of those expenditures and to publish an independent accountants’ report on the allocation of the eligible green expenditures.

Below you can find links to information on the energy efficiency and solar energy programs, as well as the environmental benefits of these programs. We are consistently recognized as a leader in energy efficiency by national industry organizations.

Energy Efficiency 

Mass Save Electric and Gas Summary Report 

Solar Energy

Under each year’s Green Bond issuance below you can find links to the green bond prospectus and our management assertion letter regarding the green bond allocation together with the independent accountants’ attestation report.