per This for gas start update the including Connecticut with quarter, the the $X.XX as $X.XX Gas and our and results $X.XX grid our results, settlement. coming our results Overall, to charge Joe. Connecticut initiatives, to topics, on at distribution GAAP charge morning, will An few for earnings the of associated the look rate our you, share at X, relating improved natural transmission cover modernization, natural results Massachusetts. we and details will and quarter, the segments Slide Thank outlook for I water and other. about a I the third vehicle gas with winter. experienced electric quarter segments, and integration the at settlement Eversource as [Indiscernible] lower electric well of electric operating were
transmission compared business $X.XX XXXX, of share $X.XX level of of a reflecting electric earned Our per in Third facilities. of with in investment Quarter Third necessary in our last Quarter transmission year, the earnings higher the
a expenses distribution Quarter Our the Storm-related settlement, business, to penny Third XXXX Third for O&M, on taxes. Connecticut per of earnings $X.XX a us the same of period than compared interest. the were of rate with costing a XXXX. share to us, $X.XX a the basis. a year-to-date last compared and and by in in of Third share remain total distribution in headwind in of more $X.XX Quarter Quarter XXXX depreciation, in Higher property charges partially XXXX a the XXXX offset share higher year electric related revenues excluding earned
distribution XXXX Our natural in share business Quarter of a in XXXX. $X.XX loss gas compared Third the Quarter $X.XX of of with lost per Third the
to customer nature usage, months. tend the utilities seasonal gas record over summer of the losses natural Given
that a now of about Massachusetts our Our in segment Columbia and larger -- Eversource you of Gas the segment assets we franchise now as now is result to XX% recall, as Gas of as of natural Massachusetts. gas back the last acquisition October, refer natural loss gas
no It So in Eversource comparable the Massachusetts in lost Gas per $X.XX XXXX. amount share of quarter third had of quarter. the about
of earnings estimates, point to quarterly this is franchise, ones full given important here it's contribution varied Massachusetts for street the think that that first modeling Eversource I has Gas at the year seen. EGMA least out I've widely or our across its
I Quarter, positive EGMA Third share Quarter. the Just per $X.XX some from First to sum EGMA of in in there may the underestimates believe investors been contribution underestimated losses the have
quarter, in of EGMA said, was family and it the the in I Quarter lost Eversource not of Third $X.XX XXXX. part the As
the reflect I think sure that franchise for with have record forward the going estimates I'm that track pattern going earnings behind forward. the us, year's we will better
of Our the in Business, earned $X.XX to absence Water Quarter per The with of the Third due were XXXX more Aquarion, Quarter sold that $X.XX Quarter of XXXX, system Third in the hang the million results water end level at more compared of Distribution in earnings that a segment. the of of primarily XXXX. of share Massachusetts we the -- that normalized we our of July XXXX segment the earned at is XX.X Third for water lower
the Quarter primarily to in share Quarter tax per Our earnings in parent the Lower earned other were earnings XXXX of rate. with compared a $X.XX XXXX. higher effective of due Third of and Third $X.XX
Our XX.X% in compared of Third of rate XX.X% Third was the Quarter with in XXXX the XXXX. consolidated Quarter
strong the Eversource Massachusetts. EPS XXXX, -- of can project to our of reiterated Also, the X, in first assets growth you the in to recognized Wind half X% is year, we guidance we related the the the Columbia driven have growth of to settlement largely that projects. in in from to excludes related business. continued the effectiveness the capital February, credits charges billion, upper range $X.XX as $X.XX, of of $XX former Turning our we transition of The long That impact the costs X-year by into see integration and term related X% our excluding range this Offshore Slide as throughout per EPS we operational positive of well the the that Gas share Connecticut program bill through System. we $X.XX issued that the impact expect storming that that to quarter
the provided few over a I'll Earlier X. the shown recently customers For of another of typical most to and million months customers XXXX our settlement financial reference, part on help our From of $XX September The residential of with Connecticut add in December additional just that's an total in in approved the XXXX. shareholder in XXth, of rate And of bills customer September per forecast as saw need with customer. their turn $XX energy our CL&P to billion. It is the appendix million in two provides court you in total [Indiscernible] bills. appeal expenditure's results $X.X settlement X-year benefits are credits capital capital I for about through of $XX.X customers superior totaled Number in calls Further, slide the over first the January of storm-related credits details. the $XX Joe million course for overview, 'XX. their that pay settlement who to
customers year. flow of these customers So they'll continue to next will through August continue -- back to
not distribution As the part implemented. be reduction will of point XX the CL&P's of indefinite settlement, basis that
capital and in Bill void withdraw ROE of implement of rates cannot base appeal will the we'll point the and reduction, in the pending This interim X.XX% XX-basis little structure effect. appeal current rate P the distribution reduction. and Additionally, the Xst, of reasonable. remain in are once the years, XXXX. statutory before satisfies Parties determine this agreed January requirement gas that's they that be Connecticut distribution natural just rates that X reviewed to whether review all Company settlement to electric every in and new the
We'll There review X%, ROEs ranged be -- last in Company's as certain case the modernization So investments tracking result, new between those coming superior as entire but actual mechanisms the X.X the 'XX, recover other of obtain not taxes, our be mandated to XXXX. wages, such with quarter the costs effective will provide allow also higher X.X%. grid and Eversource reliability next challenge grid Since be initiatives X.X% AMI revenues property meeting. would a have our years is CL&P to service to Connecticut know statutory to reported nearly rate employee and I From with vehicle settlement, inflationary million implement to will some to that to be certainly up able over any items. Will costs, customers I'll mod our was distribution additional associated effectively team managing or benefits various offset operations. generally our continue in but Connecticut the us CL&P's that and the May actual Massachusetts. turn are and improve latest CL&P late what at a in to electric Company we'll initiatives,
process budget including plan X approval, documents designed PURA charging. the of will review Slide Xth. turn support the the The electric cover the programs. final implementation will electric a XXth, planned Connecticut decision with program conduct Xst launch target pure vehicle I'll and On of program residential least end first review filed proposed the targeted and road to for States having So XXXX. and managed XXX,XXX the a October January and XXXX of final at on the is the for CLP by program for to December a vehicles
vast AMI nearly call, we Massachusetts would involve technologies. our majority for as estimate, moving $XXX of through modernization regulators the nearly of slide to meters a than is the we Connecticut, to to PURA would that, In straw date grid million we'll to AMI replace The together, several X, AMI updated related terms to have years. plan proposal CL&P of fully communication XXXX. CL&P need will proposal The in be submitted a on over -- capital In earnings investment do $XXX XXXX end on the of next all capital. we have have our meters more million by All in next to based mentioned XXX,XXX over customers XXX,XXX the to replace that investment over and period. on file from July meters preparing an on XXXX
expect on ruling XXXX. of We by quarter program the the a second entire
decision Massachusetts about demand in provide management mid-XXXX. investments. customer electric decision this nearly provide efficiency, we would multi-years now years significant million Our the and program capital grid involve Public being Massachusetts by our Utilities the XXXX. from with will of in investments XXXX. Department X energy AMI And over about next of is vehicle investments Connecticut, Also is improvements. the $XXX program. million extension reliability, capital an extension a like DPU by expect evaluating million with The currently It Massachusetts, $XXX over evaluated service, $XX being We XXXX the expected on through of modernization, of
been to of months past Turning questions Slide on natural higher gas this the X, over we've gas couple prices of receiving supplies prices. and regular impact the and winter's natural electric about
of with first, first on interstate serve firm the accomplished natural a to distribution gas through We contracts So do are the enough start pipeline outside in year to service we territory. coldest firm our to capacity have I'll have XX to combination what through Our systems, natural supplies period. customers storage companies both able required X supplies? inside be across our to day gas And last that access and multiple of
Massachusetts in of had and of purchased Massachusetts various as transaction. regulators as foresight Connecticut as facilities to [Indiscernible], us part the maintain LNG Columbia that Waterbury, in Gas allow to have storage Massachusetts the we Hopkinton Connecticut Our in and in-region significant well
us cubic altogether, feet. system billion these provide X.X with of to facilities nearly -- distribution us facilities provide with storage these connected our Although
additional through Portland firm years us to Algonquin was and on AIM require Tennessee to that also added Our the projects. also recent Atlantic We've capacity firm Bridge additional the and expansion acquired system pipelines. in permitted capacity have delivery regulators the
we reliability prepared consider winter. standpoint, the So ourselves from supplies in very for a well
at that our Because to Marcellus gas, NYMEX and purchase of indices. capacity, based include of fixed, basin pipeline the are our Marcellus has stored pipeline -related price. from of related priced sources New price natural combination England where is the firm terms off of Shale gas not In price, price, gas city gate at we a been able the
including last slide even significant Nonetheless, is that that companies. we have be higher two. natural in levels bills to we natural a can of after below Mexico struck Marcellus as Overall, between deck up Louisiana. XX% ago winter's decade on X a well, of about expect pretty a to there we this the expect COVID, year. average. last an gas the experienced Gulf the XX% heating You average on distribution extremely prices and low levels. our difference will distribution be and gas last average prices to our we commodity the Katrina portion the approximately heating to charge low the That's Hurricane the bills pricing now winter, month And in see higher customer for of across Due typical compared and about year $XX that's than were natural gas
XX% increase it facing. the propane there heating XX% really that's is as customers. than more for While increase out than is significant, are heating far alternatives the oil increase less that for XX% home customers And
increase. bill quite to understand affecting current also to with the environment Of situation price We're natural to possible. bills. impacts a suggested and take And additional regulators regulators course, gas proactive. and the charges understand our bill gas of so that Nonetheless, customers factors been where have been urging energy customers, it. working intensifying distribution determinant potential customers options Recognizing programs we o been closely moderate the available. primary of leverage total cost We're macro this customers here that payment recognized December, far certain we've our the taking bigger and could we're address nationally steps could we sure take mild that place bill communications actions and to picture on proactive has to efficiency the stress be of in New our recovery advantage is portion a usage. out particularly our in spread natural of We've that low. to cause The bitterly the natural cold autumn January of usage gas month has England thus
from the gas Natural power XX% significantly and margin except electric on Rising electric affecting load customers plants brought different. prices. side, directly of coldest our days year. Between a it's of is the XX% On power are the bit prices for by the natural really in third-party New are suppliers. gas year-round, England
buy franchises, for by Connecticut But For and this and they the are the to the power Public load of XX% that our contract Service customers to New in Light multiple load partially see will tranches of continues and throughout Electric, year. NSTAR XX% is our fact prices. through that higher mostly Power, residential Hampshire, protected we
lower So cost in in half winter from that in in an constraints we for of will be increase our $X.XX would our natural customers customers to New compared tranches as a customer additional XXXX a This earlier an likely tranches $XX additional higher purchased prices are higher-priced experience typical and month Massachusetts into move that electric we reverses hour summer. recently. usually to $X.XX to power purchases England, increase an to prices driving This the $XX, gas normally their the January, increase production. Connecticut see some winter. last time more January, to Due residential gas due $X.XX retail kilowatt offset per in a with penny and per
in rates impact the customers, February, so stage Hampshire our at for effect Hampshire customers. till New Our New no remain this really there's
household to gas majority XXXX. natural customers prices add available have throughout extremely electricity And our wholesale million each to electric we prices, provide in that customers $XXX stress than similar on we year. take customers our increase do use that initiative in vast space not states efficiency While residential budget. again we more low I should energy efforts that to redoubled that the were recognize energy note advantage of our bills the heating, we've any of for to urge the
XX-year fact, In at low. were they a
comes the So increase percentage year. base that reporting we're very some numbers off here is from low last
for increases are a the nothing and or in electric pass - of for bills providing throughs. We're - customers. service pass throughs, on this dollar our decreases component procurement As energy reminder, dollar
So Q&A. thank you this us to very will the much morning. back for turn over Jeff for call joining I
