Connecticut Business Electric Rates
Before legislation in May of 1998, Connecticut had two power companies that controlled all of the electrical power for residents in Connecticut. With no competition, these companies had slow-moving systems with heavy regulation.
After this legislation, consumers were given a choice in their energy provider. Although most Connecticut business owners still use Eversource and United Illuminating, there are many other options available to provide more efficient and cost-effective services to your commercial property.
The Energizer® Power Portal has vetted energy suppliers from across the country to establish a network of high-quality suppliers who can deliver homeowners quality energy at an affordable price.Plans and product options are listed below and more information can be found here:
- Fixed Rate Plans: While you are growing, you may notice that fixed rate plan prices are often higher than those offered by variable rate plans. The reason behind this: fixed rate plans take seasonal fluctuations into account.
- Variable Rate Plans: These plans offer pricing models that change based on the retail price of energy. These fluctuations have been known to occur multiple times a year and could mean rate spikes during high energy-use seasons.
Why Do Connecticut Business Owners Switch Energy Suppliers?
The biggest reason to switch your energy provider is to save money. Savvy business owners want to save money wherever they can, and switching electricity providers is a great way to cut costs at your commercial property. When you use our service to switch energy providers, you can be sure that you have access to the best options available. The power to choose is in your hands.
Remember: natural gas and electricity are commodities with prices that fluctuate with the commodity markets on a daily basis.
If I make the switch, who provides power to my commercial property?
If you do decide to sign up for a deregulated energy plan, your local utility will still be responsible for sourcing your energy from your contract’s third-party supplier. However, regardless of whether you choose a deregulated energy plan, your local utility will still deliver the power to your commercial property. Therefore, if there is a problem with your electricity, you will still call this provider for assistance.