39% Lower Supply Rate Compared to Last Winter for Eversource Customers

We want to help keep your winter energy bills as low as possible and provide the information you need to take control of your energy costs. Below are the details of the winter electric supply rate, as well as programs and assistance to help you.

On Jan. 1, if you are a residential customer receiving electric supply from Eversource (vs. another supplier), the Standard Service supply rate will change from 13.82 cents per kilowatt-hour to 14.71 cents per kilowatt-hour. Last winter’s supply rate was 24.17 cents per kilowatthour.

This change, for a residential customer on Standard Service, will result in a total bill increase of about 3% over your current monthly bill — or

approximately $6 per month. Your actual bill will depend on how much energy is used and your rate category.

If approved by Connecticut’s Public Utilities Regulatory Authority the new Standard Service rate will be in effect from Jan. 1 through June 30, 2024, and does not apply to customers who receive energy from another supplier. Those providers manage and are responsible for communicating any price changes.

We deliver your electricity, but we don’t generate it. We purchase power from energy suppliers at the best possible price on behalf of our customers. We only charge what we pay generators for producing the power – there is no markup, and we do not earn a profit on the cost of electricity.

While it’s good news that the supply rate will be lower than it was last winter, we want to encourage you to continue to take steps to control your energy costs. We’ll also work collaboratively with state leaders to make the investments necessary to enable a clean energy future and reduce the drastic price swings that hurt household budgets each winter.

What You Can Do Now:

Take control of your electric supply costs by comparing electric rates and choosing a supplier that offers a lower one.

Enroll in Budget Billing, to help even out seasonal spikes in your bill due to weather-related heating and cooling costs.

Learn about special programs to lower your monthly payments, forgive past due balances or enable you to pay over time