As a resident of Connecticut, you likely have the opportunity to choose your electricity provider. This page is here to show you how you can take advantage by comparing 2020 Connecticut electricity rates from energy providers near you and save big on your electricity costs!
Get the Best Connecticut Electricity Rates
Your electricity rate options depend on who your local utility company is. Locate your utility company below to see a snapshot of the electricity rates offered for that supplier. For all rates in your area, find the free Rate Comparison Tool at the top of the page and enter your ZIP Code.
Eversource Energy Electricity Rates
Eversource Energy serves the majority of Connecticut, including Hartford.
Learn more about Eversource electricity plans.
United Illuminating Electricity Rates
Learn more about United Illuminating electricity plans.
Average Connecticut Electricity Rates
Connecticut Average Bill
Connecticut residents are strapped with some of the highest electricity rates in the country. The average rate is 21.20 cents/kWh which is the 4th highest in the United States. Connecticut residents are energy-efficient compared to the rest of the US coming in with the 15th lowest average electricity usage. However, even with the energy-efficiency, Connecticut has the 2nd highest average electricity bill in the US.
Source: EIA Updated 3/15/2020
Connecticut Electricity Rates Chart
Here is the average price trend for residential electricity in Connecticut over time.
Basics of Energy Choice in Connecticut
Before energy deregulation, the local energy utility handled all generation, transmission, and distribution in Connecticut. Because of the lack of competition, local utilities had a monopoly on the industry and were able to set energy rates as high as they liked.
Connecticut adopted legislation in May 1998 (PA 98-28) that allowed residents to choose their electric provider. The act required the two electric utilities and the Department of Public Utility Control (DPUC) to establish a competitive market. The law also required the companies to unbundle (separate) their generation components from the rest of their businesses by October 1, 1999.
Connecticut residents still receive their electric supply from their local utility by default. However, now they have many more providers and electricity rate options to choose from. A study done by the Retail Energy Supply Associaton found that Connecticut residents and businesses have millions in savings potential by switching to a retail electricity provider.
How to Compare Connecticut Electricity Rates
ElectricityRates.com lets you compare Connecticut providers and plans side by side in our Electricity Marketplace. All you have to do is follow this simple three-step process:
- Enter your zip code – This shows you the providers and plans available in your area.
- Compare electricity providers and plans – Compare available plans and choose the rate, plan length and plan type that is right for you.
- Switch electricity providers – Select your new rate, fill out the necessary information and make the switch.
After that, your new provider will take care of the rest. There are no interruptions in your service and your local utility provider remains the same. The only thing that changes is your electricity rate.
Types of Electricity Plans in Connecticut
There are several types of electricity plans to choose from in Connecticut. Here are some of the most common.
Fixed-Rate Electricity Plans
A fixed-rate plan locks in your electricity supply rate for the length of the plan. There are no unexpected rate hikes and your rate does not change because of market conditions. You usually save more money compared to variable-rate plans.
100% Renewable Plans
If you want to feel good about the energy you use, pick a 100% renewable energy electricity plan. Plans marked with “100% Renewable Sources” source all energy from renewable resources. Renewable plans are also usually fixed-rate plans.
Electricity Plans With Incentives
Some electricity plans come with incentives bundled in. A good example of this is Constellation’s Power to Connect Electricity Plan, which comes bundled with the Constellation Connect Energy Package. When a plan has incentives, ElectricityRates.com lists them in the “plan details” section. Electricity plans with incentives are also usually fixed-rate plans.
Variable-Rate Electricity Plans
A variable-rate plan has a rate that changes from month to month based on market conditions. The primary benefit of a variable rate plan is flexibility. There are usually no cancellation fees, so if you are not living in one place for a very long period of time, it may be beneficial to choose one.
However, they almost always cost you more in the long run. There are also no caps on how high they can take electricity rates, so the costs on your electricity bill might surprise you.
Reading Your Connecticut Electricity Bill
Your Connecticut electricity bill splits charges into two separate sections, delivery charges and electricity supply charges. Your supply charges will change when you switch electricity providers and utility or delivery charges will remain the same.
Utility Delivery Charges
These charges mainly ensure the reliable delivery of electricity to your home. Your local utility company and the Connecticut Public Utilities Regulatory Authority set these rates, so they do not change based on your electricity provider.
Electricity Supply Charges
Electricity supply (aka. electricity generation) charges are the charges for the electricity you use. Your electricity supply/generation rate is what you use when comparing electricity rates.
If you get your electricity supply through your local utility, you can use the “Price to Compare” when comparing electricity plans. This is also listed on your bill.
Electricity Rates in Popular Connecticut Cities
Find out more about comparing the best electric rates and companies in the following popular Connecticut cities. Don’t see your city? Enter your zip code through our Rate Comparison Tool at the top of the page for available rates in your area.
Connecticut Electricity Providers
To make sure you get the best electricity rates and service, ElectricityRates.com works with some of the highest-rated providers in the business. Every one of these electric companies near you is vetted to ensure they are reputable and trustworthy, so you never have to worry about picking the “wrong” provider. That way, you can keep your focus where it should be, on finding the right plan for you.
Learn more about Connecticut electricity providers here.
Business and Commercial Electricity Rates in Connecticut
Businesses in Connecticut can save big with energy choice. ElectricityRates.com helps you do just that, with customized commercial rates, energy bill optimization and more. To get a customized quote, complete the quote request form on our business electricity rates page.
Once your information is received, ElectricityRates.com energy advisors will get in contact with you and negotiate with multiple providers to find the best rate. The best part? There’s no obligation to you.
Frequently Asked Questions about Connecticut Electricity Rates
When did Connecticut deregulate electricity?
Connecticut deregulated its electricity market in 1998, but deregulation did not come into effect until 1999.
What is the average cost of electricity in Connecticut?
According to the EIA, the average cost of electricity for Connecticut residents is 21.20¢ per kilowatt-hour.
Where does Connecticut electricity come from?
According to the EIA, Connecticut electricity is mainly sourced from natural gas. Nuclear energy makes up most of the rest.
Why is Connecticut electricity so expensive?
Connecticut’s electricity is expensive because it is hard to get natural gas to the area. This is mainly attributed to a resistance to build more pipelines. The good news is that Connecticut residents can save big by switching electricity providers.
Ready to find better electricity rates in Connecticut? Enter your zip code through our free Rate Comparison tool and compare rates in under a minute!