New England Power Company (the Company or NEP) is a wholly owned subsidiary of National Grid USA (formerly New England Electric System (NEES)) and, indirectly, National Grid Transco plc. NEP is a Massachusetts corporation qualified to do business in Massachusetts, New Hampshire, Rhode Island, Connecticut, Maine and Vermont. NEP’s transmission facilities are part of National Grid USA’s transmission operations.

NEP’s business is primarily the transmission of electricity in wholesale quantities to other electric utilities, principally its New England electricity distribution affiliates: Massachusetts Electric Company, The Narragansett Electric Company, Granite...