The Connecticut Office of Consumer Counsel posted an update comparing retail supplier and default service rates, covering the period April 2018 through March 2019

In the month of March 2019, over four out of ten residential supplier customers paid more than the Standard Offer in Eversource territory, and four out of ten residential supplier customers paid more than the Standard Offer in UI territory, OCC said

In the month March 2019, residential Eversource customers who chose suppliers paid in aggregate $1,037,357 more than the Standard Offer for their electric generation, and residential UI customers who chose suppliers saved in aggregate $25,922 more than the Standard Offer, OCC said

For the rolling year of April 2018 through March 2019, residential consumers who chose a retail supplier paid, in aggregate, $35,116,276 more than the Standard Offer, OCC said

OCC's report includes a table listing all electric suppliers who charged at least 20% of their residential customers 12.79 cents/kWh (50% higher than Eversource standard service) or 13.57 cents/kWh (50% higher than UI standard service) or more in the month of March.

See OCC's report here for more

Tags:
Connecticut  

Comment on this story


ADVERTISEMENT
NEW Jobs on RetailEnergyJobs.com
Sr-Market-Risk-Analyst -- Wholesale Supplier/Trader -- New York - New York City Metro
Energy-Regulatory-Specialist -- Other -- Other
More Stories on RetailEnergyX.com:
OCC: Customers On Retail Supply Paid $5 Million More Than Default Service In July
Op-ed: Why More Regulations Are Not the Right Solution to Solving Energy Utility Reliability Issues
OCC: Customers On Retail Supply Paid $1.6 Million More Than Default Service In March
OCC: Customers On Retail Supply Paid $1.3 Million More Than Default Service In February
Connecticut Utilities File Contracts For 804 MW Of Offshore Wind