The state of Connecticut offers electricity consumers a number of different ways to purchase their energy needs. The majority of the state is serviced by the utility Eversource or by United Illuminating Company, however due to deregulation residents have the option to choose their own energy provider from a wide range of competitive suppliers. This gives energy consumers more control of their bills and allows them to shop for rates that meet their unique energy needs. With a little time and effort, ct electricity consumers can find a plan that will save them money on their electric rates without the hassle of dealing with a monopoly utility.
Despite recent rate increases from Eversource and UI, there are still a number of options available to consumers looking to save on their energy costs. This includes choosing a competitive supplier, signing up for a renewable or green power option and taking advantage of energy-saving programs that are offered by their utility. These steps can help consumers lower their ct electricity rates significantly.
With the current state of the economy, many people are searching for ways to cut back on their expenses. One of the biggest areas where Connecticut residents can do this is with their home or business energy expenses. By shopping for a better ct electricity provider, they can save money on their electric bills and take back some of the control that they have lost in the face of rising energy prices.
Connecticut is currently in the process of reshaping its energy portfolio to focus more on renewable sources of generation. In order to meet these goals, the state has implemented new incentives for residents and businesses. For example, under the state’s new residential energy efficiency program, any household earning less than 60% of the state’s median income will receive a 10% discount on their electric rates. The initiative also aims to improve the state’s energy efficiency, reduce greenhouse gas emissions and boost energy security.
Residents and businesses that are interested in lowering their electricity rates should begin by finding out what their standard offer service rate or Price to Compare is currently. This can be done by entering their zip code into our rate search tool and reviewing the results. Once the right plan is found, it will be a simple process to switch over from a regulated provider to a competitive supplier. The process can be completed in five simple steps and it will only take a month’s billing cycle for the change to go into effect.
Prices can vary widely depending on the specific plan and usage, so it is always a good idea to compare the plans of different suppliers using an online comparison tool like Energize CT Compare Rates. Additionally, information regarding rebates and energze ct programs is subject to change, so it is best to contact your local utility or check with Energize CT for more details.