Bridgeport energy rates
Located in Fairfield County, Bridgeport is the fifth largest city in New England and the most populous in Connecticut, with an estimated 145,000 residents. Since Bridgeport lies in the heart of the Northeast, the weather is often unpredictable. The winter months are characterized by heavy snowfall and harsh temperatures, while the summer months bring humid weather and heat.
Given the disparity in weather among all four seasons, Bridgeport energy rates fluctuate wildly.
So, what can Bridgeport residents do to gain stability in their monthly energy bills? They can switch to a deregulated electricity plan from the Choose Energy marketplace.
Bridgeport energy deregulation
In May 1998, the state of Connecticut passed a law that gave consumers in certain areas the power to choose their own energy supplier. Prior to this legislation, the energy market was monopolized by a single utility company that sold, delivered and transmitted energy to local homes and businesses.
Energy deregulation in Bridgeport introduced competition in the energy marketplace, resulting in more plan choices and lower rates for consumers. Now, residents can choose from dozens of retail energy providers to find a plan and price that fits their budget and needs.
Bridgeport utility companies and energy providers
The primary wires company in Bridgeport is United Illuminating Co., which provides energy to approximately 325,000 residences and commercial businesses in 17 cities throughout the New Haven and Bridgeport, Connecticut areas. Earlier this year, United Illuminated increased prices about 24 percent increasing average residential costs by about $16 a month.
Although energy must be transmitted and delivered by United Illuminating Co., Bridgeport customers have a number of energy suppliers to choose from. Companies that have partnerships with Choose Energy to supply power to the Bridgeport area include North American Power and Public Power. As of May 13, Choose Energy providers offered rates with savings of up to 31 percent.
Enter you ZIP above to see whether you can lower your rate.
Bridgeport renewable energy
Customers interested in saving money and helping the environment will be excited to learn that North American Power and other partners of Choose Energy offer green energy plans in Bridgeport.