CLP Electric Rate Update

Competitive electric rates in Connecticut remain well below the price to compare default rates of CLP.  Despite this, only 27% of customers (residential, commercial, and Industrial) have chosen an alternative supplier.

Small and medium commercial customers in the CLP territory on default service (i.e. have not chosen a competitive supplier) are paying a rate of $0.11723 per KWh.  By contracting out with another electric provider, these customers can lock in rates below $0.10 per KWh and see their bills reduced by over 15%.

Over two dozen electric providers are active in Connecticut for residential and business electric consumers.   We recommend signing an agreement that will give you a fixed rate as opposed to a variable rate that can change from month to month.  The fixed electric rate will give you an apples to apples comparison against the CLP default rate and will guarantee that you save money as long as the rate is below the 0.117233 default rate.

Ask us for a comparison chart for your specific home or building.  Power prices are low.