Energy deregulation in Connecticut
Electricity deregulation began in Connecticut in 2000. Customers can choose to purchase electricity plans from an independent electricity supplier, creating competition in the market, or stay with their area’s utility company. Comparing plans and rates can help you save money on your energy bills.
The deregulated energy market in Connecticut is managed by the state’s Public Utilities Regulatory Authority (PURA). The utility educates residents and businesses on options through its Energize CT program. PURA is also responsible for licensing electric suppliers in Connecticut before they can conduct business in the state.
Price to compare vs. savings
If you live in a deregulated area of Connecticut and do not sign up for a specific energy plan, you are automatically enrolled in a plan from your utility company and charged a default rate, known as the Price to Compare (PTC). Energy providers often offer plans with rates lower than the PTC. Enter your ZIP code or call the number on your screen to explore your options and save on your electricity bills.
The following table displays updated information on the PTC in Connecticut and how much you could save by signing up for a plan through ChooseEnergy.com®.
Utility | Price to Compare | PTC Valid Through | Choose Energy Price | Savings |
---|---|---|---|---|
United Illuminating | 21.94 | 1-Jun-23 | 13.29 | 39% savings |
Eversource (CL&P) | 21.99 | 30-Jun-23 | 12.99 | 41% savings |
Energy plans in Connecticut
Connecticut consumers have many choices for an energy supplier. The following resources and guides will help understand deregulation and the plan types in our marketplace.
- How do I switch energy providers?
- How do I choose the right electricity plan?
- Will I have to pay a deposit?
- My bill is too high. What do I do?
There are a few main plan types to remember when shopping for energy. Your exact rate structure depends on your chosen plan but will fall into one of these categories. Check the Electricity Facts Label (EFL) of any plan you consider to understand all its components.
- Fixed-rate plans: The price you pay for your electricity is set in your contract and will not change for the contract term, usually 12–36 months. If you terminate your contract early, you’ll have to pay an early termination fee (ETF).
- Variable-rate plans: The price you pay for energy will change from month to month, depending on fluctuations in the market. You can cancel your plan at any time without penalty.
- Prepaid plans: You pay for energy before you use it and receive alerts when you need to recharge your account balance. Includes no-deposit and no-credit-check options.
- Renewable energy plans: In Connecticut, energy suppliers are required to source a portion of their energy from renewable sources such as solar or wind power. Some companies offer renewable energy credits (RECs), while others source 100% green energy.
Connecticut utility companies and energy providers
In Connecticut, consumers can purchase electricity from either the utility company in their area or an energy supplier. Eversource Energy is the main utility company for the region, serving customers across the state. United Illuminating serves areas in New Haven and Fairfield counties.
Beyond these two entities, residential and business customers can choose from many electricity providers, including Constellation Energy. Regardless of your chosen supplier, your utility company will still deliver the power to your home and manage the infrastructure. If you have any emergencies or power outages, contact your utility company — not your supplier.
Find the right energy plan with Choose Energy
Choose Energy is an online energy marketplace powering energy choice across the country. We make it easy to find energy rates in your area by working with top providers to show plans in one place. Here’s how it works:
- Enter your ZIP code. Compare plans and rates in your area on our free marketplace to find what works for you.
- Pick a plan. When you find one you like, sign up online or over the phone in a few minutes. Or, call one of our experts at the number on your screen, and they’ll help guide you through the process.
- Enjoy your choice. Your new Connecticut energy supplier will handle the set-up for you. Your work is done.
Frequently asked questions about Connecticut energy
How long does it take to switch energy providers?
You can find a new provider and sign up for a plan in minutes with Choose Energy. Service transfer varies by provider, and can take anywhere from a few days to a complete billing cycle.
Is a deposit required for my energy plan?
Most providers require a deposit if your credit score doesn’t meet their minimum threshold. Some Connecticut electric suppliers offer no-deposit plans to skip the credit check and prepay for your electricity.
How can I lower my electric bill?
There are many ways to lower your electric bill, such as reducing your heating and cooling demand, resealing all doors and windows, and unplugging appliances when they’re not in use. Many Connecticut energy suppliers also offer competitive rates, meaning you may be able to lower your bill by switching to a new plan.