Fixed rate electricity plans are the most popular electricity plans in Connecticut offering convenience and security. They’re convenient because you don’t have to monitor your usage or think about what your rate will be next month. When you are a utility ratepayer, your electricity rate changes twice a year. When you pick a fixed rate plan, you are guaranteed the same electricity rate every month for the duration of your contract term.
How to Shop for the Best Fixed Rate Electricity Plan
There are many alternative electricity suppliers in Connecticut, all offering a variety of plans. Most are straightforward fixed rate term plans, but there can be a lot to sort through. That’s why we created ElectricityPlans. We work with top rated suppliers, offering you their most popular electricity plans. We help you find the deal that’s best for you and your home.
When shopping for a fixed rate CT electricity plan, it’s helpful to know your approximate monthly usage. This will allow you to consider how much you are paying per month now, versus how much you will be paying per month when you lock in your fixed price.
The Best Alternative Supplier Fixed Electric Rates in Eversource
| Provider | Plan Name | Term | Rate/kWh | |
|---|---|---|---|---|
| Direct Energy | Live Brighter 28 | 28 | 13.89 ¢ | Details |
| Constellation | 36 Month Home Power Plan | 36 | 14.09 ¢ | Details |
| Direct Energy | Live Brighter 36 | 36 | 14.19 ¢ | Details |
| Direct Energy | Live Brighter 18 | 18 | 16.49 ¢ | Details |
| Direct Energy | Live Brighter 12 | 12 | 17.79 ¢ | Details |
The Best Alternative Supplier Fixed Electric Rates in United Illuminating
| Provider | Plan Name | Term | Rate/kWh | |
|---|---|---|---|---|
| Direct Energy | Live Brighter 28 | 28 | 13.99 ¢ | Details |
| Constellation | 36 Month Home Power Plan | 36 | 13.99 ¢ | Details |
| Direct Energy | Live Brighter 36 | 36 | 14.19 ¢ | Details |
| Direct Energy | Live Brighter 18 | 18 | 16.49 ¢ | Details |
| XOOM Energy | RescueLock 12 | 12 | 17.49 ¢ | Details |
But all you really need to get started is your zip code, and we’ll show you the best fixed price electricity plans in your area.
Shop Fixed Rate Electricity Near You
Read More: How to shop for an electricity plan in CT >>
About Standard Service Offer Rates in Connecticut
Your local utility company (Eversource or United Illuminating) offers the Standard Service Offer (SSO). This rate will change twice a year, January 1st and July 1st, based on how much money they spent procuring electricity on the wholesale market. Rates are reviewed and approved by the Connecticut Public Utilities Regulatory Authority (PURA). Review current generation standard service offers from Eversource and United Illuminating.
Since the SSO rates change twice a year, it’s hard to estimate any savings you may get by switching. After all, no one knows what the next SSO will be. So no electricity supplier can make a savings claim, because it’s not an apples to apples comparison.
But you can look at the history of utility rates in your area to get an idea of the direction that rates are taking. And switching to a new supplier does give you price certainty.