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Eversource reported to pay about $26 million in Springfield property taxes this fiscal year, assessors say

AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

Springfield’s tax assessor told the March 25 committee that Eversource’s electric business paid about $17 million and its gas business about $9 million in fiscal 2025 property taxes; assessments are based on company asset filings and state Department of Revenue guidelines.

Patrick Greenhill, chair of the Springfield Board of Assessors, told the committee on March 25 that the city’s assessment vendor computes utility valuations from the asset reporting companies file on a form of list.

Greenhill said Eversource’s electric business paid approximately $17 million in fiscal 2025 property taxes and its gas business paid roughly $9 million, for a combined total near $26 million. He told councilors that the…

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