Connecticut Energy
Connecticut Energy has a low rate per kilo-watt hour for Business and
Residential using Power in Connecticut. Energy in CT is Supplied from
us at a lower rate then CL&P or UI offers, Connecticut Light and
Power Company ( CL&P ) and United Illuminating Company ( UI ).
Connecticut Energy is helping others save
money on your Energy in CT.
FAQ
Q: Why can’t CL&P or UI simply
lower their Supply rates?
A: CL&P and UI enter into long term
fixed-rate contracts to help protect their customers from changes in
generation costs, but they pay a premium for the decreased risk. As
a result, Connecticut’s rates are currently among the highest in
the continental United States.
Q: Will CL&P and UI lose money?
A: No. As part of deregulation, CL&P
and UI do not take a profit on the supply portion of your bill. CL&P
and UI only purchase electricity for their customers that do not choose
an electric supplier like North American Power.
TOP 10 Misunderstandings About Choosing An
Electric Supplier.
No. 1 - CL&P or UI will be upset if I Choose An Electric Supplier
Fact - CL&P and UI encourage their customers to Choose an Electric
Supplier because lower electric costs benefit everyone in Connecticut.
No. 2 - My new electric supplier can shut off my service
Fact - Only CL&P and UI can terminate electric service to your
home or business and termination is strictly regulated by the Connecticut
Department of Public Utility Control.
No. 3 - CL&P and UI will lose money if I Choose an Electric Supplier
Fact - CL&P and UI do not earn a profit on the electricity they
deliver to their customers. The two companies simply purchase electricity
to deliver to customers who do not Choose an Electric Supplier. Customers
pay exactly what CL&P and UI pay - no more, no less.
No. 4 - If my electric supplier goes out of business I'll lose service
Fact - Electric service will not be interrupted if a supplier goes
out of business. You would be returned to CL&P or UI generation
services and would pay the CL&P or UI generation services rate.
You could then stay with CL&P or UI, or, choose another supplier.
No. 5 - I have to give out personal information if I want to Choose
an Electric Supplier
Fact - Suppliers DO NOT NEED AND SHOULD NOT REQUEST personal information
such as a Social Security number, credit card information, checking
account numbers, etc. Suppliers will need you to provide information
from your electric bill to authorize the switch. To avoid delay in switching,
it is very important that you provide this information accurately.
No. 6 - Savings begin immediately
Fact - Customers who Choose an Electric Supplier are switched to the
suppliers' rate on their next regularly scheduled meter reading date.
So, depending on where you are in your meter reading cycle it can take
more than 30 days to have the supplier's rate appear on your bill. To
avoid delays in switching, it is very important that you accurately
provide the necessary billing information to the supplier.
No. 7 - There's a charge to switch to another electric supplier
Fact - There is NO CHARGE to switch electric suppliers and you can
return to CL&P or UI Standard Service generation if you like. Most
suppliers do not have a cancellation fee, but some do. So, be sure to
ask whether the supplier charges a cancellation fee before enrolling.
No. 8 - The savings are too small to bother switching
Fact - Depending on the offer, you can lower your total electric bill
by 10% or more.
No. 9 - It's difficult to switch
Fact - It's EASY TO SWITCH and the supplier you choose will do the
work for you. You will need to provide the supplier with certain information
from your electric bill. To avoid delay in switching it is very important
to accurately provide the necessary information. Double check this information
to be sure it's correct.
No. 10 - Suppliers will start billing me separately for my electric
service
Fact - You will continue to receive one electric bill from CL&P
or UI. The only difference will be the rate you pay for the generation
service portion of your electric bill.
