Low Electric Rates in Bridgeport CT
Electricity consumers of Bridgeport, Connecticut are finding low electric rates that are yielding huge discounts on their electric bills. Electricity choice in Connecticut allows customers who are serviced by Connecticut Light and Power and the United Illuminating Company the ability to shop for competitive energy rates. So far 42% of the eligible customers in the state have enacted their power to choose energy suppliers and are saving money versus the higher utility default electric rates.
The United Illuminating Company is the regulated utility company for the city of Bridgeport. Prior to Connecticut’s electricity choice, the United Illuminating Company handled electricity generation and delivery for all Bridgeport homes and businesses. However, with the passage of the electricity choice law, the generation and delivery businesses of United Illuminating were separated. Now the company is only responsible for delivering power to customers in their territory, and they charge regulated distribution charges for this service. United Illuminating charges a default generation rate for electricity customers who do not shop for competitive power rates, however, they do not profit from these default rate charges. Instead, the revenues from default generation rates are passed through United Illuminating to wholesale electricity companies who have won auctions to serve default rate customers.
Bridgeport electricity customers are finding that they can save up to 15% on their electric bills by shopping for low competitive electricity prices. Switching electric suppliers is a seamless process requiring no interruption of service or invoices. In fact, Bridgeport citizens continue to receive their monthly electric bill from United Illuminating even after they decide to purchase their power from a competitive supplier.
Here are some competitive electric rates for customers living in Bridgeport, CT (updated daily):