Connecticut’s electricity costs remain among the highest in the nation, with the average commercial rate around 23.34 ¢/kWh and residential rate at 31.64 ¢/kWh. Fall 2025 brings new standard service rates from the state’s two utilities—Eversource and United Illuminating—and continued opportunities for businesses to lower supply costs by choosing competitive third‑party suppliers. This news update summarizes the latest utility rates and how your business can take advantage of lower supply offers.
Latest Generation Service Rates
- Eversource’s standard generation service rate (GSC) for small businesses and residences is around 11.19¢ per kWh as of January 2025.
- United Illuminating’s standard service rate is about 13.57¢ per kWh, reflecting higher wholesale costs.
- These standard rates only cover the supply portion of your bill; delivery charges from the utilities remain unchanged.
- Even with these new GSC rates, Connecticut’s average commercial electricity rate remains high at around 23.34¢ per kWh, which is why exploring third-party suppliers can lead to significant savings.
Supplier Offers: Lower Prices for Fall 2025
- Direct Energy and Constellation currently offer rates around 8.29¢ per kWh for small commercial customers.
- Major Energy’s fixed-rate plans average about 8.99¢ per kWh, providing price certainty without high premiums.
- Verde Energy USA offers 100% renewable energy plans at roughly 9.19¢ per kWh, allowing businesses to support green power while still lowering their supply costs.
- Rates from these suppliers change frequently, so use tools like EnergizeCT or a broker to check current offers and contract terms.
How to Stay Informed and Save
- Monitor EnergizeCT and other comparison websites each month to see updated supplier offers and promotional rates.
- Sign up for rate alerts from Eversource and United Illuminating so you know when their standard service rates change.
- Work with a licensed energy broker or consultant who can help you analyze your usage profile and negotiate custom contracts.
- Invest in energy efficiency measures and demand-response programs that lower your overall consumption and qualify you for additional incentives.
- Review contracts carefully before signing; look for early termination fees, demand charge riders, and renewable energy options.
Staying informed about utility rate changes and supplier offers can help your Connecticut business lock in lower electricity costs and avoid unexpected price spikes. By monitoring the market, leveraging comparison tools, and working with trusted advisors, you can secure a supply plan that aligns with your budget and sustainability goals.