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Connecticut energy rates

Connecticut has a deregulated energy market, which means consumers have the power to choose their electricity provider (though it doesn’t apply to natural gas). The SaveOnEnergy marketplace makes it easy to find and compare electricity rates in Connecticut. There’s no cost to use the marketplace, and you can sign up for an electricity plan in minutes.

How to find the best electricity rates in Connecticut

Because of the deregulated energy market, Connecticut electricity rates can fluctuate throughout the year. SaveOnEnergy can help you find and lock in the best rates at any time. Here’s how to get started:

  1. Enter your ZIP code above. You can browse cheap electricity rates near you, use filters to narrow down your search results, and find the best energy plan for your home or business.
  2. Sign up in minutes. Once you’ve chosen the right energy plan for your home, you can sign up online in just a few minutes or call the number on the screen to speak to an energy expert.
  3. Enjoy your new energy plan. Your new provider will coordinate with your utility company and handle the setup. You can just sit back and relax and enjoy our new energy plan.

Electricity rates in my area

Electricity rates vary throughout Connecticut, mostly because of the different utility transmission rates. The rate you pay in one part of Connecticut could be different from what someone pays in another part of the state. It’s important that when you’re shopping for your new energy plan, you specifically search for electricity rates near you.

The SaveOnEnergy marketplace can help you find the most accurate current energy rates in your area so you can lock in the best rate.

Moving to Connecticut?

Connecticut is a New England state that’s home to more than 3.5 million people. The state is a mix of coastal cities and small towns, offering plenty of history. Connecticut also has a deregulated electricity market, meaning consumers can choose their own energy provider.

If you’re moving to Connecticut, SaveOnEnergy can help you find an energy plan for your new home. To get started, enter your new Connecticut ZIP code above or call the number on your screen to learn more about electricity plans for your new home.

SaveOnEnergy’s tips for easy electricity service setup

  • Don’t forget to read your plan’s Electricity Facts Label before signing up. It contains important information including:
    • Price per kilowatt-hour based on usage
    • % renewable energy sourcing
    • Early termination fees
  • Enjoy hassle-free supplier setup. Once your order has been confirmed, your new supplier will set up service with your utility, or transmission and distribution service provider (TDSP) – but don’t worry, there shouldn’t be any interruption to your power during the switch.
  • Understanding your electricity bill. Your local TDSP will still deliver your electricity and maintain electric infrastructure including meters and power lines. Your utility fees can be found as TDU or TDSP charges on your monthly bill. They are independent of your supplier rate.

Types of electric plans in Connecticut

When you sign up with your new Connecticut energy provider, you’ll have several different types of plans to choose from. Below you can learn about the benefits of the different types of plans. If you have additional questions, you can call the number on your screen to speak with an energy expert.

Fixed-rate plans in Connecticut

A fixed-rate energy plan has a contract ranging from 12-36 months. Your energy rate is locked into your contract, meaning it won’t change during that time. This type of plan is great for those who want a stable rate and predictability in their budgets. However, you’ll pay an early termination fee (ETF) if you end your plan before the end of your contract.

Variable-rate plans in Connecticut

Unlike a fixed-rate plan, a variable-rate energy plan doesn’t have a locked-in rate and it doesn’t require you to sign a contract. Instead, your rate each month is based on the current energy market. Some months you’ll pay more when demand and rates are higher, but during other months, you’ll save money.

No deposit and prepaid energy plans in Connecticut

Depending on your credit score, you may be required to pay a deposit when you sign up for your energy plan. A no-deposit energy plan is one that allows you to skip the deposit and the credit check. A prepaid energy plan is an example of a no-deposit plan and allows you to skip the deposit by paying for your electricity upfront.

Green energy plans in Connecticut

Like many states, Connecticut has embraced green energy in recent years. It ranks in the top half of states for solar energy and has adopted state-wide initiatives to encourage the use of renewable energy. Connecticut homeowners can also choose to power their homes with green energy. In the SaveOnEnergy marketplace, you can find energy plans powered by 100% green energy. Enter your ZIP code above to see what’s available near you.

Business energy plans in Connecticut

Deregulation in Connecticut doesn’t just benefit homeowners. Businesses can also choose their own energy providers and save money by switching to a more affordable plan. If you’re a business owner in Connecticut, visit our business energy page where you can learn more about commercial energy plans and build a custom plan to power your business.

Cheap energy prices in Connecticut

Energy rates can vary dramatically throughout the year, and they tend to change by the season. Energy demand tends to spike in the summer and winter when it’s very hot or very cold. But in the spring and summer when temperatures are milder, energy rates are lower.

If you’re looking for cheap electricity in Connecticut, it’s best to shop during the right time of the year. You can also save by using the SaveOnEnergy marketplace. We’ll help you find the most affordable energy rate at any time of the year.

Energy providers and utility companies in Connecticut

In a deregulated state like Connecticut, there are two types of companies: energy providers and utility companies. You can’t choose your own utility company — it’s based on where you live. Connecticut has two electric utilitiesEversource and United Illuminating. These companies maintain your local power lines, restore any electrical outages, and deliver your electricity to your home from the supplier you choose.

In Connecticut’s deregulated energy market, you can choose your own energy provider. Your provider will supply the energy that powers your home. Residents can choose from more than 125 Connecticut electric suppliers. Among these are Clearview Energy, Constellation, Direct Energy, and Public Power. When shopping based on Connecticut electricity prices, these are the companies you’ll be purchasing from.

Contact your Connecticut utility company

No matter which energy provider supplies your electricity, your utility company will deliver your electricity and maintain the local electric infrastructure. If you experience a power outage or another interruption to your power, contact your utility company, either Eversource or United Illuminating.

Not sure what kind of energy plan will work for your home?

If you’re new to shopping for energy, it can feel overwhelming. Luckily, SaveOnEnergy’s expertly written guides can help you learn everything you need to know. Before you choose an energy plan for your home, be sure you understand the different types of plans, how to read your electricity bill, energy-saving tips, and more. You can also use the SaveOnEnergy usage calculator to estimate how much electricity you use per month, which can be helpful in choosing the best energy plan.

Connecticut energy FAQs

Is the natural gas market deregulated in Connecticut? Expand / Collapse Toggle

While the electricity market in Connecticut is deregulated, the natural gas market is not deregulated. 

Who has the cheapest electricity rates in Connecticut? Expand / Collapse Toggle

Public Power has some of the cheapest electricity in Connecticut, with rates starting at 10.3 cents per kWh.

How do I find a green energy plan in Connecticut? Expand / Collapse Toggle

The SaveOnEnergy marketplace makes it easy to find green energy plans. To see what’s available near you, enter your zip code above. You can use the filter tool to see only green energy plans available in your area.

How do I choose an electricity provider in Connecticut? Expand / Collapse Toggle

You can choose the best electric provider for your home using SaveOnEnergy. Using our marketplace, you can compare energy rates from many providers and choose the best plan for your needs.

How can I lower my utility bill in Connecticut? Expand / Collapse Toggle

There are many ways to lower your electricity bill in Connecticut, including reducing your energy usage, switching to energy-efficient appliances, and shopping around for a cheaper electricity plan.

New to energy deregulation? Need help finding a plan?

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