While many energy consumers are worried that lifts on rate caps at the beginning of the year will result in energy generation and delivery rate increases some customers in Connecticut may be looking at a decrease.
Individuals who buy power generated by Connecticut light and Power will likely see a decrease in the electricity generation rate on their monthly bill starting in early 2011.
Compare electricity company rates with the help of Electric Rates by calling 1-800-971-4020.
- Customers of Connecticut Light and Power can expect an approximately 14 percent decrease in their electricity generation rate.
- The decrease will be from 11.05 cents per kwh to 9.48 cents per kwh.
- The decline in electricity generation rates is expected to continue into 2012.
A 14 percent decrease in the electricity generation rate will provide Connecticut Light and Power customers with considerable savings.
There is no prediction so far as to how much that rate may drop by 2012 but any decrease in the rate will be welcomed as Connecticut is known for having high energy rates.
Because energy rates are always changing it is important to compare the rates of many different energy providers.
This can be done by calling each provider and finding out their rates but there are easier ways to compare rates.
Use the Electric Rates rate comparison tool by simply entering your zip code and compare every company with one click.
Don’t assume the decrease in Connecticut Light and Power rates means that it is the lowest rate out there.
Let Electric Rates determine the lowest rate for you so you know you’re saving the most.