Maybe I wasn't clear. Eversource doesn't generate electricity and they buy elsewhere. They do not make any profit on the electricity they buy. They only profit on the delivery of electricity which is only 1/3 of the bill. The increase in delivery charges was miniscule compared to the 2X charge for electricity. The significant rate increase was due to the cost of electricity. You can shop for another electricity provider and may do a little better.

And it's not the government, it's the PUC.