Compare electricity prices in Connecticut

Connecticut

Connecticut Electricity Rates

In Connecticut, you have the power to choose your electricity provider, and it’s a good thing because of the high prices charged by the traditional utilities. The good news that you don’t have to suffer under those rates.

Let’s look at the numbers: Eversource Energy CT residential rates stand at 9.414 cents per kilowatt hour (kWh), and they likely will change July 1. The other major utility, United Illuminating, also known as Avangrid, charges even more – 10.5607 cents/kWh.

The ChooseEnergy.com marketplace makes it possible for you to do better. While pricing is fluid, as of mid-April Choose Energy providers were offering 15 plans that beat Eversource in the 06010 ZIP code – one by as much as 27 percent. As for United Illuminating, we offered 16 plans with lower prices in the 06460 ZIP code – one by as much as 31 percent.

The U.S. Energy Information Administration estimates average Connecticut residential usage at 724 kwh. Using that as a baseline for usage, here’s the potential average savings you could reap from using the Choose Energy marketplace:

  • $218 over using Eversource
  • $284 over using United Illuminating

Join the more than 500,000 Connecticut residents who have already switched providers and escape the utilities’ high prices. Shop around for the best rate, contract length, and green energy mix. See if you can find savings by entering your ZIP code above.

Are you moving to Connecticut?

If you’re moving to Connecticut this summer, you should know that the state is one of about 15 where energy is deregulated. That means residents don’t have to buy electricity (or natural gas) from utilities. Instead they can buy energy from suppliers who compete on price, renewal energy mix, term length and more.

The utilities, however, will deliver the electricity to your home, regardless of your supplier. And they will tack on distribution and other fees when they do.

Want to find out what your savings could be? Just enter your ZIP code above and see what’s available in your area. Select a plan that fits your needs and sign up.

Who can buy deregulated energy in Connecticut?

  • Deregulated electricity: Residencies and businesses.
  • Deregulated natural gas: Residencies and businesses.

To expand on that, both homes and businesses in Connecticut can choose a plan from deregulated electricity providers. Commercial and industrial businesses in Connecticut also have the option to purchase deregulated natural gas.

Sadly, only about 25 percent of state residents take advantage of Connecticut energy choice, according to a Choose Energy poll earlier this year. To see whether you can save on residential electricity, enter your ZIP code above. To find plans for your commercial company or small business in Connecticut, click here. Since business plans have special standards and requirements that must be met, we will give you a call to go over any plan details and set up your service.

History of energy deregulation in Connecticut

The Connecticut Department of Public Utility Control passed PA 98-28 In May 1992  to deregulate the state’s electricity market and boost the economy. By creating a competitive market, the act allows residents to choose an electricity supplier and the rate he or she wants to pay for a home or business’s electricity.

The deregulated system also has a lower price cap, which ensures that consumers’ rates won’t skyrocket because of steadily increasing gas prices. The new deregulated system puts Connecticut electricity consumers first, so everyone can have power at the perfect rate.

Ready to look for a rate that suits you? Enter your ZIP code above.

Who provides the electricity?

With a deregulated electricity market, you choose your own electric supplier from the companies serving your region. Different suppliers charge different rates for different plans – you pick the rate that’s right for your needs.

However, your utility company is still in charge of delivering the electricity to your home or business. And don’t worry, you don’t have to tell your utility that you’ve switched suppliers, your supplier will handle all the details once your new cycle starts.If you have any problems, emergencies, power outages, etc., contact your utility company – not your supplier!

What are the different plans and products offered?

  • Fixed rate plans: Most Connecticut suppliers offer fixed rate contracts for term lengths from 6 months to 2 years. Fixed rate plans ensure predictability, in that the consumer is paying a constant rate for the entire term length of the plan’s contract.
  • Variable-rate plans: Variable-rate plans allow the consumer’s monthly rate to change from month to month. However, these plans do offer more flexibility because they do not require a long-term contract or subject the consumer to early cancellation fees.
  • Prepaid plans: The consumer pays in advance for electricity and is alerted throughout the month about usage and account balance. Some Connecticut suppliers do not require a credit check or deposit for prepaid plans.
  • Green/Renewable energy plans: Many Connecticut suppliers offer plans that use up to 100% of energy from green or renewable sources. Most of these plans include fixed rates, so the consumer’s supplier bill will be consistent from month to month.
  • Home services: Some of Connecticut’s electricity supply companies do more than just supply energy. Reliant EnergyConstellation, and others offer additional products and services such as smart thermostats, HVAC installation, roof repairs and more.
  • Renewable Energy Credits (RECs): Homeowners or business owners have the option of purchasing RECs through some energy suppliers that can further offset their home or business carbon emissions and encourage local renewable energy sources.

Now that you know the lingo, you’re ready to shop for a better energy plan. Enter your ZIP code above to see what’s available.

Are there renewable energy options in Connecticut?

Yes! A stipulation of PA 98-28 requires suppliers to obtain a portion of their power from renewable sources. So, if you’re a Connecticut resident who is worried about your carbon footprint, the deregulated electric market has a plan for you. A recent ChooseEnergy.com poll found that 15 percent of Connecticut energy shoppersconsider renewable energy the most important factor in selecting a plan. Every electric supplier in Connecticut has at least one plan that draws some if not all its energy from renewable sources, which allows you to control your environmental impact. And with so many rate options, your love for the planet won’t put a huge dent in your bank account.

See the options – green and otherwise – available to you when you enter your ZIP code above.

I’ve picked a plan! Now what?

If you choose to switch suppliers, you should be able to easily cycle into your new electricity plan without any power interruptions. Your new plan will then take effect at the end of your current billing cycle (between 15 to 45 days). When your plan term is nearing its end date, Choose Energy will send you a reminder 30-60 days beforehand, giving you the opportunity to choose a new plan or continue with your supplier at a default rate.

 

(Last updated 4/17/2020)

  • "By changing my supplier, I cut my rate in half! I will definitely be telling my friends about this."
  • "Excited to have lower electric bills."

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