Best CL&P Electricity Prices
Connecticut Light and Power (CL&P), the state’s largest electric utility company, has recently increased their price to compare rates forcing many consumers to shop for better electricity prices. The utility company charges a default rate for electricity generation supply to their customers who do not choose a competitive energy supplier. This default rate, officially called the “price to compare” by the Connecticut Public Utilities Regulatory Authority, fluctuates on a bi-annual basis. With the price to compare recently increasing the number of customers now looking for the best CL&P electricity prices has spiked.
CL&P delivers power to more than 1.2 million customers at rates regulated by the state of Connecticut. Thanks to Connecticut energy choice laws, consumers have the ability to shop for competitive electricity and natural gas prices for the supply portion of their bill. Customers can save money on their CL&P electric bills if they are able to find a competitive electricity price that is lower than the default price. The competitive market also allows consumers to lock in long term fixed electric rates that will not only save them money right away, but protect them from the potential of further price increases in the future. For many CL&P residential customers price security is even more important than the initial savings.
Securing the best CL&P electricity price can mean different things to different people. For some it is about getting the absolute lowest price as soon as possible while for others it might mean locking in a rate for the longest term available. Electricity price comparison tools allow CL&P customers to compare multiple electric rate offers in a simple manner so that each individual can find the plan that best suits their needs. Find the best CL&P electricity price for your home from the list below. All offers are from licensed Connecticut electricity suppliers and rates are updated daily.
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