How To Compare Connecticut Electric Suppliers’ Prices

January 9, 2013

With lower electric generation rates from CL&P and UI going into effect Jan. 1, it is vital that you compare prices for electricity in Connecticut before signing up with a supplier.

The easiest way to do that is to check the following Internet site:

The site provides easy comparisons between what the two main utilities charge and what the other suppliers charge.

According to today’s data there are only four suppliers that offer slightly cheaper prices than CL&P and UI.

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7 Responses to How To Compare Connecticut Electric Suppliers’ Prices

  1. kathleen cairns on January 9, 2013 at 11:24 am

    This is a fantastic internet site! I will post this on my facebook page and credit!
    Thank you Watchdog!

  2. Robert Brien on January 9, 2013 at 12:37 pm

    While it’s always best to compare rates, each supplier’s rates do not vary much from each other (results are minimal savings from $0.50 cents to $7.00 monthly–or $50-$100/yr –for an average family).

    Indeed, 50% of end-users favor CL&P/UI, and 50% favor other suppliers.

    Be mindful of the finer details, also. Some suppliers end their current rate at 3 months and 6 months (notably CL&P in June, the start of the summer peak season when rates increase, although marginally). Others charge exiting fees, or don’t allow new customers at the discount rate (again, ex. CL&P, see rate #5).

    It is disingenuous that the website noted above (a STATE-run college program) is in bed with both CL&P and UI, monopoly holders in delivery and who don’t service all areas of the state. This is untoward and unethical.

    Indeed, the CL&P rate is locked-in or “frozen” in the list as THE ONE to compare against (always “on top” for the viewers “assistance”), even when suppliers are placed in alphabetical order.

    While the list is “convenient,” be especially wary of who the favorites are.

  3. Tom L on January 9, 2013 at 5:21 pm

    I wish this was available for propane gas prices from dealers in CT!!! Then we wouldnt have to play that little game with them every time you need a re-fill of your tank(s).

  4. Jim on January 9, 2013 at 9:16 pm

    While this is all well and good, be aware that the least expensive suppliers right now probably won’t be in a couple of months, 6 months, or a year. I have switched to a cheaper supplier a few times in recent years, only to be paying a higher than average rate shortly thereafter. Sometimes my rate is lower than average, sometimes higher. It seems to all average out to about the same cost long-term.

  5. Steve B on January 10, 2013 at 3:21 pm

    Our home has been with Dominion Energy for two years now. The rates we have been paying them does NOT correspond to the rates available on the website you mention, although we did pay less than CL&P’s price, by a half a cent, after the taxes not included in the advertised rates. We just got a letter from Dominion saying our annual adjusting rate is switching to a monthly variable rate – unless we cancel our service with them. I’m thinking of going back to CL&P. Deregulation was a big mistake. And now we have ISO New England sucking more millions out of us for what reason???

  6. Jim on January 16, 2013 at 5:41 pm

    I have been with Dominion for a couple of years and found that when time for renewals came along, they did not always notify me of their better offers. More importantly, recently my fixed term contract ran out, so they switched me to a variable and increased the rate 50% to 0.1199 / kwh and that cost me an extra $84. This was in December when there should not be a spike in variable rates.
    I called PURA and got a long lecture but absolutely no help. Apparently, one of these alternate suppliers could change $100 per Kwh and there is no consumer protection against that.

    George, do you know if the consumer protection agency would help?

    • George Gombossy on January 16, 2013 at 5:50 pm

      Unfortunately its the state public utilities agency that nominally regulates these suppliers.

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