Events        Jobs        Contact        Migration Stats        Supplier Lists        Municipal Aggregation
Report: Customers of Competitive Suppliers Paid $23 Million More Versus Default Service This Year

October 20,2015



Data provided to the Public Utilities Regulatory Authority (PURA), "demonstrates that 86 percent of Eversource customers and 77 percent of United Illuminating (UI) customers paid more than the standard service rate in August if they used a retail electric supplier, with some customers paying prices as high as 23.7 cents per kilowatt hour (cents/kWh)," the Connecticut Office of Consumer Counsel said

"In August 2015 alone, Eversource customers who chose electric suppliers paid, in aggregate, approximately $8.4 million more than the standard service rate for their electric generation, and UI customers who chose electric suppliers paid, in aggregate, approximately $2 million more than the standard service rate," the OCC said.

"Customers should be aware that switching to a retail electric supplier can be a risky proposition," said Consumer Counsel Elin Swanson Katz. "Some suppliers are charging certain customers more than twice the standard service rate, even in the summer months. OCC has determined that between January and August of this year, Connecticut customers of electric suppliers, as a group, paid more than $23 million more for electricity than if they had been on standard service."

Katz also listed a dozen retail suppliers that were said to have charged at least 20% of their customers 13.9ยข/kWh or more in August

See the list of cited retail suppliers and OCC report here

Tags:
Connecticut   Variable Rates  

Comment on this story


ADVERTISEMENT
NEW Jobs on RetailEnergyJobs.com
TPV-SALES-EXECUTIVE -- Back Office Provider -- Other
Sr-Market-Risk-Analyst -- Wholesale Supplier/Trader -- New York - New York City Metro
Head-of-Retail-Operations -- Wholesale Supplier/Trader -- Other
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


comments powered by Disqus





Advertise here:
Email retailenergyx@gmail.com


Events Jobs Contact Migration Stats Supplier Lists Municipal Aggregation

About Disclaimer Privacy Terms of Service

Home


Developed by: Avidweb Technologies inc.