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Connecticut deregulated electricity markets in 2000 and gave consumers an option to choose a third party electricity supply company. The Connecticut Department of Public Utility Control (DPUC) adopted legislation PA 98-28 in 1998, that ordered state utilities to unbundle their supply and delivery services and open electricity markets to competition. Since then over six hundred thousand households took advantage of the available options and switched to an alternative energy supplier. These customers account for 40% of all electricity sold in the state. The Connecticut migration rate to competitive suppliers is one of the highest in the nation growing by 4-5% annually. Additionally, Connecticut adopted a renewable portfolio standard requiring all alternative electricity providers to sell certain amount of energy from renewable sources.
If you are looking to join the growing number of residents and businesses who evaluate available options and take control of their energy bills, the process is quite simple: just look at the various plans below, find the most suitable, click ‘Sign up’ and you will be on your way to save money and the environment!
Showing 4 cheapest plans
Showing 4 cheapest plans
■ In March, 2023, the average monthly bill for residential electricity customers in Connecticut was $211.34, which ranked one of the highest in the U.S.
■ The average monthly bill for residential electricity customers in Connecticut in March, 2023 decreased by -3.18% over prior month and increased by 29.65% relative to what it was in March, 2022.
■ In March, 2023, this average monthly residential electricity bill in Connecticut was 65.74% higher than the national average monthly bill of $127.51.
■ Average monthly residential electricity bills in the U.S. ranged from $78.02 to $212.84 in March, 2023.
■ In March, 2023, residential electricity rates in Connecticut averaged 33.23¢/kWh, which ranks 2th in the U.S.
■ Residential electricity rates in Connecticut decreased -3.18% from February, 2023 to March, 2023 and 29.65% from March, 2022 to March, 2023.
■ The average residential electricity rate of 33.23¢/kWh in Connecticut was 99.2% higher than the national average electricity residential rate of 15.06¢/kWh in March, 2023.
■ The average residential rate in the U.S. ranged from 9.72 ¢/kWh to 44.25 ¢/kWh in March, 2023.
■ Connecticut had 1,544,111 residential electricity customers in March, 2023, an increase of 0.72% from March, 2022.
■ In March, 2023, the average residential electricity customer in Connecticut used 636 kWh, which ranked 14 in the U.S.
■ The average residential electricity customer used 636 kWh in March, 2023, a decrease of 2.15% from February, 2023 and a decrease of 4.36% from March, 2022.
■ In March, 2023, the average residential Connecticut customer used 23.1% less electricity than the national average.
■ Residential customers in Connecticut spent $326 million in March, 2023 on electricity, compared to $343 million in February, 2023 and $261 million in March, 2022.
■ In March, 2023, 38,745 residential electricity customers in Connecticut compared electricity rates and switched electricity suppliers.
■ Residential electricity customers in Connecticut paid 7.86 ¢/kWh on average to alternative electricity suppliers in March, 2023.
■ Average monthly usage for the customers that had switched electricity suppliers in March, 2023 was 635.8 kWh.
■ As of March, 2023, 35.6% of residential electricity customers in Connecticut were using an alternative electricity supplier.
■ In March, 2023, the average monthly bill for commercial electricity customers in Connecticut was $1,214.49, which ranked one of the highest in the U.S.
■ The average monthly bill for commercial electricity customers in Connecticut in March, 2023 decreased by -2.69% over prior month and increased by 21.64% relative to what it was in March, 2022.
■ In March, 2023, this average monthly commercial electricity bill in Connecticut was 69.29% higher than the national average monthly bill of $717.39.
■ Average monthly commercial electricity bills in the U.S. ranged from $385.53 to $3,270.96 in March, 2023.
■ In March, 2023, commercial electricity rates in Connecticut averaged 20.63¢/kWh, which ranks 4th in the U.S.
■ Commercial electricity rates in Connecticut decreased -2.69% from February, 2023 to March, 2023 and 21.64% from March, 2022 to March, 2023.
■ The average commercial electricity rate of 20.63¢/kWh in Connecticut was 57.7% higher than the national average electricity commercial rate of 13.26¢/kWh in March, 2023.
■ The average commercial rate in the U.S. ranged from 8.04 ¢/kWh to 41.91 ¢/kWh in March, 2023.
■ Connecticut had 157,059 commercial electricity customers in March, 2023, an increase of 0.77% from March, 2022.
■ In March, 2023, the average commercial electricity customer in Connecticut used 5,887 kWh, which ranked 38 in the U.S.
■ The average commercial electricity customer used 5,887 kWh in March, 2023, an increase of 7.94% from February, 2023 and a decrease of 0.89% from March, 2022.
■ In March, 2023, the average commercial Connecticut customer used an increase of 4.0% electricity than the national average.
■ Commercial customers in Connecticut spent $190 million in March, 2023 on electricity, compared to $181 million in February, 2023 and $157 million in March, 2022.
■ In March, 2023, 5,138 commercial electricity customers in Connecticut compared electricity rates and switched electricity suppliers.
■ Commercial electricity customers in Connecticut paid 7.06 ¢/kWh on average to alternative electricity suppliers in March, 2023.
■ Average monthly usage for the customers that had switched electricity suppliers in March, 2023 was 10,305 kWh.
■ As of March, 2023, 43.3% of commercial electricity customers in Connecticut were using an alternative electricity supplier.
■ In March, 2023, the average monthly bill for industrial electricity customers in Connecticut was $7,842.83.
■ The average monthly bill for industrial electricity customers in Connecticut in March, 2023 decreased by -3.07% over prior month and increased by 8.11% relative to what it was in March, 2022.
■ In March, 2023, this average monthly industrial electricity bill in Connecticut was -43.45% lower than the national average monthly bill of $13,868.73.
■ Average monthly industrial electricity bills in the U.S. ranged from $1,135.55 to $114,030.00 in March, 2023.
■ In March, 2023, industrial electricity rates in Connecticut averaged 15.47¢/kWh, which ranks 7th in the U.S.
■ Industrial electricity rates in Connecticut decreased -3.07% from February, 2023 to March, 2023 and 8.11% from March, 2022 to March, 2023.
■ The average industrial electricity rate of 15.47¢/kWh in Connecticut was 62.4% higher than the national average electricity industrial rate of 11.49¢/kWh in March, 2023.
■ The average industrial rate in the U.S. ranged from 5.79 ¢/kWh to 38.01 ¢/kWh in March, 2023.
■ Connecticut had 3,952 industrial electricity customers in March, 2023, a decrease of 0.6% from March, 2022.
■ In March, 2023, the average industrial electricity customer in Connecticut used 50,697 kWh, which ranked 12 in the U.S.
■ The average industrial electricity customer used 50,697 kWh in March, 2023, a decrease of 6.2% from February, 2023 and a decrease of 12.94% from March, 2022.
■ In March, 2023, the average industrial Connecticut customer used 65.4% less electricity than the national average.
■ Industrial customers in Connecticut spent $31 million in March, 2023 on electricity, compared to $34 million in February, 2023 and $33 million in March, 2022.
■ In March, 2023, 201 industrial electricity customers in Connecticut compared electricity rates and switched electricity suppliers.
■ Industrial electricity customers in Connecticut paid 6.56 ¢/kWh on average to alternative electricity suppliers in March, 2023.
■ Average monthly usage for the customers that had switched electricity suppliers in March, 2023 was 81,103 kWh.
■ As of March, 2023, 47.6% of industrial electricity customers in Connecticut were using an alternative electricity supplier.
If your energy bill is higher than you want it to be, rest assured that you are in great company. Many residents and businesses struggle with a high UI or Eversource electric bills each month. Thankfully, this struggle may be needless and could be easy to avoid. Deregulation in Connecticut means that both residents and businesses can shop around to compare energy plans. In the process, they could identify a plan with significantly lower rates to lock in savings for months to come.
If you have never compared electricity rates or switched providers, you understandably may feel lost. The good news is that comparing rates and making a switch are both easy steps to take. The first step is to compare electric rates and to identify a new plan that is ideal for you. You can conveniently shop around for best rates at PowerSetter.com or through Energize CT. A simple query will return the current rates for United Illuminating’s and Eversource’s standard plans as well as rates for numerous other providers. The grid includes plan details like cancellation fees, enrollment fees as well as an easy online signup application.
In order to identify savings opportunities, you need to know how much you are currently paying for electricity. Your electric bill includes both supply and delivery charges. While you can shop around for a company who will supply your electricity, you can’t change the delivery, as it will always be provided by your local utility. Review all available supply options closely so that you can determine the most affordable plan available. In addition to comparing the supply rate, you need to know how long the plan’s rate is fixed for. Some plans have a tiered structure where the rate adjusts after the first few months. You also need to focus on the various fees associated with the plan, what the cancellation terms are and what amount of the energy supply is sourced from renewable energy.
Are you planning to relocate to Connecticut soon, or are you planning to move to a new home within the state? If you are new to the area, you should spend an adequate amount of time learning about all energy plans available to you. Your selection will directly impact your monthly expenses in the years ahead. If you are relocating in the local area, however, you may be able to transfer your existing plan to your new home or place of business. Transferring your plan and service to your new location may be essential in order to avoid expensive cancellation fees. If you are not under a contract, you should explore the current plans available to identify the best rate for your needs.
One of the primary reasons why local residents and business owners compare electric rates and switch providers is to save money. This is a relatively easy and effective way to lower your energy bills, but there are other steps that you can and should take. For example, if your home is equipped with outdated appliances, those appliances may be guzzling an incredible amount of energy. Upgraded to energy-efficient, appliances may yield tremendous savings. Another idea is to improve the efficiency of your home or business. Adding new seals to doors and windows, installing new insulation and replacing old lightbulbs are only some of the many energy-saving ideas that you can employ. With great savings available through various rebates, making these improvements and upgrades may not be as expensive as you initially think it would be.
We got you covered! When your current plan is nearing expiration we will send you a reminder letting you know it is time to shop for a new rate.
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