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OCC: 60% Of Residential Customers on Competitive Supply Paid More Than Default Service

July 18,2017



The Connecticut Office of Consumer Counsel released an updated comparison of retail supply versus Standard Service rates

"In the month of May 2017, over six out of ten residential supplier customers paid more than the Standard Offer in Eversource territory, and over four out of ten residential supplier customers paid more than the Standard Offer in UI territory," OCC said

"In the month May 2017, residential Eversource customers who chose suppliers paid in aggregate $3,211,212.34 more than the Standard Offer for their electric generation, and residential UI customers who chose suppliers paid in aggregate $207,110.14 more than the Standard Offer," OCC said

"For the rolling year of June 2016 through May 2017, residential consumers who chose a retail supplier paid, in aggregate, $66,736,598.41 more than the Standard Offer," OCC said

OCC listed 14 suppliers, "who charged at least 20% of their residential customers 11.811 cents/kWh (50% higher than Eversource standard service) or 13.896 cents/kWh (50% higher than UI standard service) or more in the month of May."

See OCC's report for the list

Tags:
Connecticut   Price to Compare   Default Service  

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