What is the Connecticut's Official Generation Supply Rate Board?
Connecticut's Official Generation Supply Rate Board (Rate Board) is a tool that allows you, the residential and business electric customer in Connecticut, to compare the Standard Service rates from the utilities, Eversource and United Illuminating, with those offered by licensed electric suppliers and registered aggregators. This tool is managed by the Public Utilities Regulatory Authority (PURA).
Understanding the Three Options for Electric Supplier Rates
Read the information below to learn about the different types of rates.
Option 1: Utility Rates
The rates that Eversource and UI supply are called Standard Service Generation rates. These are the rates you receive when you sign up for electric service.
These rates change on January 1st and July 1st and remain fixed for 6 months.
Eversource and UI do not own electric generation plants nor produce electricity. Instead, they purchase electricity in the marketplace to serve customers on Standard Service Generation. Standard Service Generation rates are based on the market price for electricity.
Standard Service rates reflect the actual cost paid by Eversource and UI to purchase electricity. As a result, Eversource and UI do not earn a profit by providing Standard Service generation supply.
The Standard Service rates are announced about 45 days prior to becoming effective and are posted on the EnergizeCT.com Rate Board page and each utility’s website when they are approved.
To compare rates visit the Rate Board.
Option 2: Licensed Generation Supplier Rates
Although, not required, you have the option to switch from the utilities' Standard Service rate to a licensed supplier rate. The licensed supplier rates vary from supplier to supplier and may have fees associated with enrolling and cancelling.
In Connecticut, suppliers are not allowed to enter residential customers into contracts that contain an early termination fee. Businesses, on-the-other-hand, may be charged.
When switching to a different supplier rate keep in mind that the actual switch date will be on the same day as your meter read date. With this in mind, if you are planning to switch to a different supplier, you should do this ten (10) days prior to your meter read date. This allows enough time for the processing of your request.
Regardless of which supplier you choose, Eversource or UI will still deliver your electricity, bill you for service, and respond to power outages, and only Eversource or UI can terminate your service.
To compare rates visit the Rate Board.
Option 3: Working with an Electric Aggregator
In addition to licensing electric suppliers PURA issues a Certificate of Registration to electric aggregators.
These aggregators gather consumers for the purpose of negotiating the rate for generation service from an electric supplier. The electric aggregator must negotiate with suppliers on behalf of the customers it represents. As such, an aggregator must act as the customer's agent and may not simultaneously be an agent for one or more suppliers.
Please read the most common frequently asked questions about electric aggregators below.
Suppliers purchase the electricity that is provided to customers and bill for that electricity through either the customer's electric bill (commonly referred to as consolidated billing) or by directly billing the customer. Aggregators do not purchase electricity nor bill for generation supply. Instead, aggregators gather consumers together for the purpose of negotiating the rate for generation from a supplier.
PURA oversees suppliers and aggregators and posts generally available rates to the Rate Board. If an aggregator can offer a generally available rate to residential or business customers it may be posted to the Rate Board.
Aggregators must act as the customer's agent. As such, customers typically pay the aggregator for their service.
Aggregators gather consumers and negotiate rates from suppliers on behalf of those customers. The aggregator then selects the supplier and rate that is offered to its customers. Customers who choose to work with an aggregator will be served through the supplier that is selected by the aggregator.
No. Information on your bill will reflect the licensed supplier that is providing your generation service.
Special Resources
Rate Board Special Resources
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