Compare Connecticut Electric Prices Carefully As CL&P And UI Prices Will Drop Starting Jan. 1

December 28, 2012
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Now is an excellent time to check how much Connecticut electric supplier is charging you because the two major companies are lowering their prices starting  Jan. 1.

Connecticut Attorney General George Jepsen and state  Consumer Counsel Elin Swanson Katz said Friday that Connecticut Light & Power Co. and United Illuminating Co. are reducing generation rates for both residential and commercial customers.

“This is a good time for Connecticut residents to carefully examine their electricity bill and to compare generation service providers for the best rates,” said Attorney General Jepsen in a press statement. “Investing a little time now in comparison shopping could reduce monthly electric bills in the year ahead.”

Consumer Counsel Katz cautioned, “There are many competing providers of electric generation services offering both fixed and variable rates. Consumers should re-examine the terms and conditions of their current service before renewing their contract in light of the new lower standard offer service rates being offered by CL&P and UI.”

Under changes approved recently by the Public Utilities Regulatory Authority, CL&P’s generation service rate for residential customers will drop by about 0.7 cents to 7.615 cents per kilowatt hour and UI’s rate for the same service will fall by a little more than a cent to 7.697 cents per kilowatt hour. Business customers will see similar reductions, the two officials said.

The reduction will result in an average drop of $5 a month for residential CL&P customers and $7.50 for UI residential customers.

“UI’s rate is firm for 2013; CL&P’s rate is firm for six months and will likely be adjusted slightly for the second half of the year,” the officials said.  “Generation supplier services account for about half of a customer’s total electric bill. Delivery services account for the remainder.”

The Attorney General and Consumer Counsel also cautioned consumers to be informed about terms and conditions imposed by alternative generation suppliers who may advertise a lower short-term or variable rate or impose termination fees on customers who seek lower prices elsewhere.

“Be especially cautious if a supplier cannot or refuses to explain clearly how you will be charged after the expiration of any introductory rate, and for the duration of the contract, so that you can compare rates,” Katz said. “Be sure to ask about terms and conditions such as early termination fees before you sign a contract.”

Jepsen urged consumers to file a complaint with PURA about any supplier that misrepresents its prices, terms or conditions of service.

More information about electric generating rates and choosing an electric supplier can be found at www.ctenergyinfo.com and selecting “Choosing an Electric Supplier,” or by calling PURA at 1-800-382-4586.

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9 Responses to Compare Connecticut Electric Prices Carefully As CL&P And UI Prices Will Drop Starting Jan. 1

  1. Robert Brien on December 28, 2012 at 5:48 pm

    What this article doesn’t tell you is that both UI and CL&P have a monopoly in this so-called “deregulated” state. Each have their own protected areas, supported by federal and state tariffs that are locked. Consumers have no choice when it comes to electrical delivery–that’s one half of the energy picture that isn’t being discussed. This state is a farce.

    The only choice a consumer has is to seek equivalent “suppliers” (versus delivery) generally from out of state.

    You are correct to inquire about the various fees and long term supply costs. But the truth is, both UI and CL&P are limited in their power to reduce prices–generally to a year or less, mainly due to weather, consumer usage, and natural gas/coal pricing–which vary considerably.

    And both are political animals, favoring repairs for one part of the state against another, while being non-communicative (an example was a year ago when we were out of power for a week or more in southeast CT, we only had ONE repair truck assigned to our area–while another “western” part of the state had 27 trucks servicing their poles. (Can you spell S-T-A-M-F-O-R-D?).

    So, spare me the diatribe about UI and CL&P being fair-minded. And this AG hasn’t a clue about who is affected. Delivery costs WILL go up, but they don’t tell you that part of the equation.

    There are some rather large energy suppliers out there that have a global perspective and purchasing power that would put these two monopolies to shame and in check, and at a loss based on legitimate competition. And believe me, they are eye-balling this state.

  2. Jim McAuliffe on December 29, 2012 at 2:46 pm

    I have had Dominion for a couple of years now and its rates have been ok until now. On the variable rate, they jumped in December from 7.99 cents/kwh to 11.99. What a rip-off.

    Beware of the Dominion variable rate!

    • Monty04 on December 29, 2012 at 8:44 pm

      Beware of any generator’s variable rate! Always choose a fixed rate. When you choose a variable rate, you lose control of your generation cost.

  3. scammedbyambit on December 30, 2012 at 10:31 am

    Ambit raised my rates, overbilled me, then cut my service. All over like $25. Be warned

  4. Jim McAuliffe on December 30, 2012 at 1:18 pm

    George,

    Do you know if a user can dispute the suppliers charges by withholding payment and avoid CL&P late charges? If I were purchasing from Dominion directly, I could withhold payment and switch to another generator. However, since it gets rolled into the CL&P bill, I wonder if I will have problems with CL&P when I pay less than the full amount.

  5. Ed P on January 2, 2013 at 11:08 am

    I’m surprised the article gave no link to a web site for comparisons
    http://ctenergysavings.com/epp/?gclid=CLnEmNCGyrQCFQJx4AodYzMAoQ

    http://www.ctenergyinfo.com/choose_entry.htm/

  6. Matt O on January 2, 2013 at 8:18 pm

    Wow – if you check the rates at the CT Energy Info website, UI’s fixed rates for 1 year term are LOWER than all other suppliers.

    1. No phone number listed for UI. Anyone know how to tell them that I want them to be my supplier again?

    2. I’ve got to assume that the competition will react?

  7. Walt on January 20, 2013 at 3:24 pm

    We’ve had Dominion for several years, always at a fixed rate and it has worked out well.

    We always compare and Dominion has always been the best choice

    This year Dominion changes rates apparently on January 31, but I have seen no sheet easy to compsare, which I believe we usually get direct from UI so we can choose for the coming year

    Nothing is on your site other than a few competitors in CL&P areas.

    Do you have UI comparisons?

    • George Gombossy on January 20, 2013 at 5:24 pm

      Walt – the UI comparisons are there, you just have to switch out CL&P with UI at the top.

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