Despite its high electricity prices, Connecticut’s electricity consumption is quite low. “Demand for air conditioning is low during the mild summer months, and only about one in six Connecticut households use electricity as a primary source for home heating in winter,” says the Environmental Information Administration (EIA). However, as electric cars gain popularity, demand will …
Connecticut electricity choice is having a positive effect on residential consumers in the form of lower electricity rate offers and greater savings on their monthly electric bills. As a result of recent utility price increases, new competitive electricity suppliers have swarmed into Connecticut looking to attract new customers. The new electricity suppliers have forced the …
CL&P recently announced a price increase for the generation electricity supply that they charge to their customers. On January 1, 2015 residential customers in Connecticut who are on the CL&P standard service rate will experience a 16% increase from what they had been paying since July. The standard service rate applies to all customers who …
The consistent rising of the CL&P price to compare rate has many Connecticut electricity customers scrambling to find ways to save money on their energy bills. CL&P residential customers can easily save on energy by shopping the competitive electricity choice market for a lower price than the default rate. Entering into an agreement with a …
The unbundling of CL&P and United Illuminating allows consumers to shop for power rates from dozens of competitive electricity suppliers now offering cheap electricity prices in Connecticut. States that have deregulated their energy markets have seen an increase in the number of participating electricity shoppers when the incumbent utility raise their default rates above the …
Electric bills in the CL&P service area are being reduced by customers who take advantage of electricity choice laws that allow consumers to shop for competitive power rates. The creation of a competitive electricity market in Connecticut’s two largest utility service markets, CL&P and the United Illuminating Company, has created an abundance of electric rate …
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