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Compare Connecticut electric prices

Written by Sean Jackson /

Edited by Jamie Cesanek

Last updated 09/30/2022

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Connecticut energy rates

Connecticut has a deregulated energy market for electricity. Commercial, residential, and industrial consumers benefit from a deregulated natural gas market. Customers can take advantage of the competitive market where Connecticut electricity providers compete to earn your business. Often, this can lead to more affordable rates and better energy plans. Use the SaveOnEnergy marketplace to compare all of your options. 

How to find the best electricity rates in Connecticut

Energy rates fluctuate across the state for many reasons, including seasonal changes, demand, and market conditions. SaveOnEnergy helps you secure an affordable price in three simple steps:

  • Supply your ZIP code. Finding cheap electricity in Connecticut is as easy as entering your ZIP code. The marketplace compiles options from the cheapest first, allowing you to secure the most affordable prices.
  • Sign up online or on the phone. Once you find the available electric companies near you, you can sign up online. Or, if you have any questions, our energy specialists are available to assist you. Call the number provided on this screen.
  • Enjoy your affordable rates. After signing up, your supplier handles the rest of the work. Kick back and enjoy your energy savings.

Electricity rates in my area

Connecticut energy rates can vary based on the utility transmission prices, which are the costs assessed to move energy from the source to your home. Because of this, it is common to have the same plan as someone else in a different part of the state and pay different costs for service.

Thankfully, the SaveOnEnergy marketplace eliminates the guesswork. Enter your ZIP code to access accurate energy rates in my area.

Types of electric plans in Connecticut

Shopping for electricity rates in Connecticut means you’ll come across different energy options. Here’s a look at some of the more common choices. If you have any questions, you can call the number on our screen to reach our energy consultants, who will be happy to help.

Fixed-rate plans in Connecticut

With a fixed-rate plan, you can lock in your energy price for a specific term, typically 12 to 36 months. The benefit of this plan is you don’t have to worry about rate changes. However, if you want to cancel your plan before your term expires, you might have to pay an early termination fee (ETF). 

Variable-rate plans in Connecticut

Your energy price changes with market conditions. That means you might pay a lower price during some months, while your rate may increase during a rise in demand. With variable-rate options, you’re free to cancel when you want without any fees. 

No deposit and prepaid energy plans in Connecticut

Some suppliers check your credit before starting service. If you don’t want to undergo a credit check, you can see if they offer a no-deposit plan. With it, you bypass credit checks and pay for service as you go — it works the same way a prepaid card does. As your balance depletes, your supplier notifies you to refill your account. See all no-deposit options available to you by entering your ZIP code above. 

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

Businesses also benefit from Connecticut’s deregulated natural gas market. They can compare and choose the most affordable energy plans using the SaveOnEnergy marketplace. Learn more about commercial energy plans and customize your plan on our business energy page

Cheap energy prices in Connecticut

Energy rates fluctuate year-round in Connecticut as seasons change and demand shifts. Prices tend to drop in the spring and fall when the temperatures are more moderate. You’re more likely to find a lower energy rate if you purchase a plan during a mild season.

To secure a cheap electricity plan in Connecticut, consider shopping for rates during off-peak seasons. The SaveOnEnergy marketplace can help you discover the most affordable options throughout 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 electrical outages, and deliver electricity to your home from your supplier.

You can choose your own energy provider in Connecticut’s deregulated energy market. Your provider will sell the energy that powers your home. Residents can choose from more than 125 Connecticut electric suppliers, including Clearview Energy, Constellation, Direct Energy, and Public Power.

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?

Having an abundance of choices can feel overwhelming at times, which is why SaveOnEnergy offers many resources to help you choose the right provider, understand your energy bill, save on utility costs, and more. We also provide an energy usage calculator, which, paired with our resources, helps you determine the suitable fit.

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 your energy usage
    • The plan’s percentage of 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 appear as TDU or TDSP charges on your monthly bill. They are independent of your supplier rate.

Connecticut energy FAQs

  • Natural gas is deregulated in Connecticut for commercial and industrial use only. 

  • 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.

  • Assess your priorities ahead of time. Do you need an energy plan with a fixed rate? Are you comfortable with a variable-rate plan knowing it means you could secure lower pricing temporarily? Do you want your credit checked? Answering these questions directs you to the best plans and the providers offering them. 

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

Ready to shop for an energy plan? Let’s get you taken care of. Call:

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