Connecticut has the fourth-highest electricity rates in the country according to the U.S. Energy Information Administration. Not the worst but certainly not the best.
However, if you are a Connecticut resident looking for relief from your crushing electricity bills, there's hope.
In Electricity Rates's most recent energy report, we found you can obtain huge savings by switching electricity suppliers!
How Much Can You Save On Your Connecticut Electricity Supply?
Our report found that certain Connecticut residents can save up to 19% on their electricity supply by switching energy suppliers.
If you're a Connecticut resident, and the United Illuminating Company is your electricity supplier, your UI price to compare is 10.56 per kWh at the time of this writing. However, if you were to switch to Constellations 36-month fixed-rate electricity plan, your rate would drop to 8.59 per kWh.
The average US household uses 914 kWh of electricity per month. At that usage, that's the difference between paying $96.52 a month to $78.51 a month for electricity supply.
It is important to note that these savings are for your electricity supply (sometimes called electricity "generation" on your bill). Other fees for electricity delivery will still be determined by your utility provider.
The United Illuminating Company uses a variable-rate, meaning rates will increase and decrease over time based on market conditions. The savings above are based on the most recent rates.
The Constellation plan uses a fixed-rate. This means the rates are locked in at the advertised 8.59 per kWh for the full 36-month plan. So while you don't get the price decreases, it does protect you from surprise rate increases. What you see is what you get.
How Can You Switch Electricity Suppliers?
You can switch electricity suppliers right here at Electricity Rates. All you have to do is type in your ZIP Code, select your plan, and start saving!
There are no interruptions in your service, and after you switch, your new plan will take over in one to two billing cycles. That's it. It really is that simple.
Also, even if you don't have the United Illuminating Company as your electricity supplier, you can still switch. In fact, depending on your supplier, you may be able to save even more!
There is no harm in checking. So look at your most recent electricity bill for your rate, type in your ZIP Code, and see how much you can save!
*The Price to Compare is published by State’s PUC as a way to contrast plans with competitive providers.Prices listed are for new customers. Plans may update at any time, for any questions regarding the content of this article contact us at firstname.lastname@example.org