Cheshire CT electricity bills went sky high in January 2023 with the latest utility rate increase with Eversource Connecticut. Thanks to deregulation, residents and business owners in Cheshire can shop for their electricity supplier.
ElectricityPlans makes it easy to shop for your electricity provider in CT. We make it easy to understand deregulation, how to switch electricity provider and how to compare rates.
Deregulated Electricity Rates in Cheshire
Electricity in CT has been deregulated since the early 1990s. You can choose your electricity supply from the utility or you can choose an alternative supplier, licensed by the state.
No matter who supplies your electricity, the same utility company delivers it to your home and issues your bill. There’s no change in poles or wires. And the same company responds if the lights go out.
But around 90% of Eversource customers haven’t shopped for a supplier. That’s because until now, their rates have been affordable.
But with the most recent rate increase in utility rates, that’s no longer true.
Eversource electric rates increased 100% in January 2023.
- Eversource Connecticut residential electricity rates climbed from 12.050¢/kWh to 24.172¢/kWh on January 1, 2023, over a 100% increase.
- Eversource Connecticut small commercial electricity rates went from 12.250¢/kWh to 23.032¢/kWh on January 1, 2023.
The utility rates change every 6 months. No one knows if Eversource rate in July 2023 will go up or down.
But you can take action to save on your electricity bill right now.
Switching Electricity Providers in Connecticut: How It Works
It’s easy to switch your electricity provider in Connecticut.
- Simply grab a copy of your electricity bill so you have your account number.
- Then go to EnergizeCT or a shopping site like ElectricityPlans.com.
- Enter your zip code.
- View available offers and select the cheapest rate
- Sign up for your new electricity provider.
There’s no need to contact your utility company or your current supplier to tell them you are switching. Your enrollment will happen in one to two billing cycles. Then you’ll see your new supplier listed on your electricity bill.
There’s no early termination fee for residential electricity contracts in Connecticut. So if the utility rate drops, you can easily switch back to the utility as your supplier.
For now, electricity rates for Cheshire CT zip code 06410 and the surrounding area are much lower then Eversource’s utility rates.
Below we’ve listed rates from select providers with an excellent national reputation. Compare these rates to Eversource’ current rates to see if you can save.
Residential Electricity Rates in Cheshire CT
|Direct Energy Live Brighter 8||8||10.49 ¢|
|Direct Energy Live Brighter 18||18||12.79 ¢|
|Direct Energy Live Brighter 36||36||12.99 ¢|
|XOOM Energy SureLock 12||12||13.19 ¢|
|XOOM Energy SureLock 24||24||13.39 ¢|
|XOOM Energy RescueLock 12||12||13.89 ¢|
|Direct Energy Live Brighter 12||12||14.09 ¢|
|Constellation 36 Month Home Power Plan||36||15.99 ¢|
Shop Connecticut Electricity Rates by Zip Code
Small business owners in Connecticut can also shop for their electricity. Unlike residential electricity, there may be an early termination penalty involved with these contracts. Be sure to read the agreement before signing. And monitor the utility rate, which changes every January and July.
Business Electricity Rates in Cheshire CT
|ENGIE 6 Months||6||14.49 ¢|
|ENGIE 48 Months||48||16.34 ¢|
|ENGIE 18 Months||18||16.39 ¢|
|ENGIE 60 Months||60||16.48 ¢|
|ENGIE 36 Months||36||16.59 ¢|
|ENGIE 24 Months||24||17.09 ¢|
|ENGIE 12 Months||12||17.41 ¢|
Shop Business Electricity Rates in Cheshire CT
FAQs About Electricity Prices in Cheshire CT
Eversource Connecticut, formerly known as Connecticut Power & Light, is the electricity company for Cheshire Connecticut. Eversource delivers electricity to your home or business. You can choose to purchase your electricity supply from Eversource or from an alternative supplier licensed by the state. Either way, Eversource delivers power to your home.
The amount you can save on your electricity bill in CT depends on how much electricity you use and the rate you are paying. Eversource’ utility rates increased by 100% in January 2023 for both residential and small business customers. Shop for the lowest available electricity rate form an alternative supplier to see if you can save. Then multiple your savings per kilowatt hour (kWh) by the amount of power you use each month to find your savings.