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 …
Connecticut Light & Power (CL&P) serves as the regulated electricity delivery company for 79% of energy customers in Connecticut. Once a regulated monopoly for these customers for all aspects of power generation, transmission, and distribution, the Connecticut energy choice law has forced CL&P to restructure and is now only in charge of the distribution of …
JCPL, the New Jersey electricity utility owned by First Energy Corporation, is urging their customers to find lower electricity rates with competitive electricity suppliers. Due to the New Jersey Electricity Choice and Competition Act, JCPL is no longer responsible for the electric generation for their 1,097,000 customers. Instead, the competition act has turned JCP&L solely …
Electric rates in the PECO energy area increased to $0.0992 cents per Kilowatt hour on January 1, 2011 when rate caps expired. Rates are estimated to increase to $0.1014 in April and be as high as $0.1140 starting in June (source: www.peco.com) PECO competitive rates can be fixed, which locks the rate in for a …
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