Compare New Haven electric prices
New Haven is the second-largest city in the state of Connecticut, with a population of about 130,000. In addition to those living within the city, there are 862,477 residents in the Greater New Haven municipality. And thanks to energy deregulation in Connecticut, all of those residents can choose their energy providers from a pool of available electric companies. The Choose Energy marketplace is the perfect resource to compare energy providers and rates at no cost.
Enter your ZIP code above to find New Haven electricity rates and plans available in your area.
New Haven electricity rates
| Plan Name | Plan Length | Rate* |
|---|---|---|
| Direct Energy - Live Brighter 11 | 11 months | $0.125/ kWh |
Please note: All rates above are accurate as of 11/21/2024, 1:25:59 AM CST for ZIP Code 06510. Rates may have changed since this date/time. For the most up to date rates in your area, please enter your zip code above.
*All pricing shown in cents per kWh
New Haven utility companies & energy providers
No matter what energy provider you work with, your utility company will still transmit and distribute power, maintain the local energy infrastructure, and restore the power when there’s an outage. Though some states still allow residents to buy electricity from the utility company, consumers can also switch energy providers to find a lower rate.
The utility company in New Haven is The United Illuminating Company. They handle the electricity and distribution for residents of New Haven and other cities. Anytime you experience a power outage or another issue with your electricity, you should contact your utility.
While your utility company will still deliver your electricity, you can choose the company that supplies the electricity to power your home. New Haven residents have several providers to choose from, including Constellation Energy, Public Power, Verde Energy, and Clearview Energy. Rates in the area start at 9.49 cents per kWh.
Types of rates and plans in New Haven
Not only can you choose your own energy provider in New Haven, but you can also choose the type of energy plan you want. Below you can learn about popular types of plans to help you choose the best plan for you:
- Fixed-rate plan: When you sign up for a fixed-rate energy plan, you lock in your rate into a contract for an amount of 12, 24, or 36 months. During that time, your rate won’t fluctuate with the energy market, making it easier to predict your monthly energy costs.
- Variable-rate plan: A variable-rate energy plan has a rate each month that’s based on the current energy market. Your rate may fluctuate from one month to the next and could spike during times of high energy demand. There’s no contract and no locked-in rate, so these types of plans offer more flexibility.
- No-deposit plan: Some providers require customers to pay a deposit if they don’t have satisfactory credit. But some also offer no-deposit plans — including prepaid plans — which allow consumers to avoid both a deposit and a credit check.
Enter your ZIP code above to explore what plans are available right now in New Haven.
New Haven green energy
As in most states, Connecticut residents and businesses have the option of powering their homes with green energy. Green energy plans in Connecticut are often powered by wind energy and solar energy, possibly generated right there in the state.
When you shop for your next energy plan in New Haven, you’ll have several renewable energy plans to choose from. In fact, providers like Clearview Energy and Verde Energy both specialize in offering 100 percent green energy plans, with rates as low as 10.1 cents per kWh.
New Haven energy for business
Energy deregulation in Connecticut also benefits businesses, as business owners in New Haven and the rest of the state can shop around for energy plans. If you’re a business owner in New Haven, visit our commercial energy page to learn more and begin building a customized energy plan for your business.
New Haven electric rates in my area
Electricity rates aren’t just dependent on the provider you choose — they also depend on where you live. Electricity rates can vary by location because of the different utility transmission charges. When you’re shopping for electricity, enter your ZIP code above to check the most accurate rates in your area.
How energy deregulation works in Connecticut
Connecticut legislation passed in 1998 deregulated the energy market for New Haven and the remainder of the state. Prior to energy deregulation, New Haven energy needs were provided by a single company. While this may seem simple, this process actually led to higher prices and little competition or choice for consumers. Now, the utility company still transmits the electricity, but customers can compare prices from several different electricity providers.
Energy deregulation in New Haven has facilitated competition between energy providers. Not only has this led to lower rates for residents in New Haven, but it also gives customers the freedom to choose a plan that is best for their needs. It is now much easier to compare options and select a provider through the Choose Energy marketplace.
Looking for natural gas rates?
In many states, deregulation also allows consumers to shop for their natural gas plans. In Connecticut, however, that isn’t quite the case. The state’s deregulation only allows commercial and industrial customers to choose their natural gas providers. Residential customers are not able to switch natural gas providers.