Connecticut Light and Power

Electricity prices will lower in Connecticut for CL&P residential customers who remain on generation default service.  Despite the lower prices, Connecticut Light and Power customers can still save even more by choosing an electric rate offer from an third party electricity supplier.

Over the last year electric rates for residential customers were on average 15% lower than Connecticut Light and Power default rates.  Despite this only 32.5 percent of customers who are serviced by the utility CL&P had chosen an alternative electric company.

Much of the hesitation remains on the side of confusion of consumers.  Many consumers wish to “stay loyal” to CL&P, however based on the Connecticut Electric Choice Act that statement would not make sense.  CL&P does not profit off of their Generation Service Charge, which is default service for electricity customers who have not chosen an alternative electric offer.  They now only profit off of the regulated rates and charges of the delivery portion of the bill.

Connecticut Light and Power customers can also find attractive introductory bonuses in addition to lower electric rates.

The variable rate will give you the option of leaving at anytime.  Though we feel it is better to lock in a low fixed rate, if you are looking to get your feet wet with electricity choice, the variable rate can offer a good starting point.