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Old 07-17-2017, 07:53 PM
 
598 posts, read 327,120 times
Reputation: 642

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This article will be of interest to those who have chosen alternative electric suppliers. It confirms my observation that, recently, the alternative suppliers are charging more than Eversource. That was not the case a few years ago when I switched. Looking at the rates, the suppliers charge low "teaser" rates for the first 3 to 6 months, and then revert to significantly higher rates (higher than the standard Eversource rate afterwards. So unless you're on top of it, you'll end up paying more, and let's face it, with all of life's complications, who has the time or interest to follow up on your rates every few months? I switched to Eversource earlier this year and plan to stay with it, although I suppose I should check every year or so to be sure things haven't changed.

Here is the article:

OCC: Electric supplier customers' price spread climbed in May | HartfordBusiness.com

You can check rates available from the other suppliers here:

https://www.energizect.com/compare-e...t-of-suppliers
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Old 07-18-2017, 08:22 AM
 
Location: Connecticut
504 posts, read 241,020 times
Reputation: 278
My parents switched back to Eversource from an alternative supplier. They weren't really seeing any savings, plus I think Eversource is now actually giving them a better rate. I think Eversource is doing that on purpose to gain back customers.
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Old 07-18-2017, 09:16 AM
 
Location: Hartford County, CT
843 posts, read 419,757 times
Reputation: 457
It's too much of a hassle to use anyone but CL&P. They are normally the cheapest long term and you don't need to lurch around from supplier to supplier every three months.
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Old 07-18-2017, 10:51 AM
 
2,385 posts, read 2,817,628 times
Reputation: 1637
or just move to Wallingford

Residential
$18.95 service fee
$0.1120 per kWh

It's nice to get a small bill without seeing line charges, transformer fees, distribution, etc. I say it all the time and now with two kids and almost 3k sqft. of home centrally cooled with a pool my monthly bill has not gone over $190 in the worst part of summer. I average about $80-100 most of the year except for July/August.
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Old 07-18-2017, 11:05 AM
 
Location: Branford
1,209 posts, read 1,050,516 times
Reputation: 335
There were big changes last year I believe as so many people were getting scammed. You can now instantly change back to Eversource or UI online. The new bills also show your rate compared to the standard rate in a big box on the bill. The rates are now not even worth it to save around $5-10 a month and have to deal with the hassle.

There business model is to sign up someone like an elderly person who will have no clue that the rate doubles in 6 months or how to switch back.

I was so sick of these high rates I installed solar panels. Eversource is losing thousands of my money every year. All they can charge me is the $19 connection charge.
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Old 07-18-2017, 11:10 AM
 
Location: Branford
1,209 posts, read 1,050,516 times
Reputation: 335
Quote:
Originally Posted by clutchrider View Post
or just move to Wallingford

Residential
$18.95 service fee
$0.1120 per kWh

It's nice to get a small bill without seeing line charges, transformer fees, distribution, etc. I say it all the time and now with two kids and almost 3k sqft. of home centrally cooled with a pool my monthly bill has not gone over $190 in the worst part of summer. I average about $80-100 most of the year except for July/August.
I lived in Wallingford for a long time. Makes you wonder how much money Eversource is making when it was like half the price if not more when I lived there and compared bills when I moved.

One downside with Wallingford is I believe you cant install solar panels there. My electric bill is now just the Eversource $19 monthly service fee.
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Old 07-18-2017, 12:52 PM
 
Location: Connecticut
25,280 posts, read 41,051,089 times
Reputation: 7376
Quote:
Originally Posted by Brian26 View Post
I lived in Wallingford for a long time. Makes you wonder how much money Eversource is making when it was like half the price if not more when I lived there and compared bills when I moved.

One downside with Wallingford is I believe you cant install solar panels there. My electric bill is now just the Eversource $19 monthly service fee.
Wallingford is one of the few communities in the state that has its own municipal electric service. Back when electricity was new, many towns started their own electric system for the town. Over the years since, utility companies gobbled up these municipal systems. Wallingford held onto its system so power costs there are a lot lower than other towns on Eversource or UI. Jay
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Old 07-18-2017, 01:08 PM
 
598 posts, read 327,120 times
Reputation: 642
Quote:
Originally Posted by Brian26 View Post
There were big changes last year I believe as so many people were getting scammed. You can now instantly change back to Eversource or UI online. The new bills also show your rate compared to the standard rate in a big box on the bill. The rates are now not even worth it to save around $5-10 a month and have to deal with the hassle.

There business model is to sign up someone like an elderly person who will have no clue that the rate doubles in 6 months or how to switch back.

I was so sick of these high rates I installed solar panels. Eversource is losing thousands of my money every year. All they can charge me is the $19 connection charge.
It is something new. When I first went to an alternative supplier 4 or 5 years ago, they would renew at a charge still a bit less than Eversource. I think I kept the first supplier over 18 months. Now the renewal is higher, not worth the hassle.
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Old 07-19-2017, 07:34 AM
 
Location: Connecticut
504 posts, read 241,020 times
Reputation: 278
Quote:
Originally Posted by ads94 View Post
It's too much of a hassle to use anyone but CL&P. They are normally the cheapest long term and you don't need to lurch around from supplier to supplier every three months.
Well you'll have to go back in time if want to use CL&P.
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Old 07-19-2017, 07:59 AM
 
Location: Coastal Connecticut
15,004 posts, read 18,463,048 times
Reputation: 3466
It doesn't seem worth the hassle anymore.
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