Solar panels under blue sky with sunlight in Connecticut - Electricity Rates

Electricity Rates in Connecticut

Average residential electricity cost, utility comparison, and solar savings potential for Connecticut homeowners.

$0.25
Avg Rate ($/kWh)
$253
Avg Monthly Bill
+56%
vs National Avg
$202/mo
Solar Savings

Connecticut Electricity Cost Overview

The average residential electricity rate in Connecticut is $0.25 per kWh, which is 56% above the national average of $0.16/kWh.Connecticut homeowners pay an average of $253 per month for electricity, based on typical usage of 1010 kWh per month.

Connecticut has some of the highest electricity rates in the continental U.S. Rate increases over the past decade have made solar panels one of the best investments for homeowners looking to reduce energy costs.

Major Electric Utilities in Connecticut

Utility CompanyAvg Rate ($/kWh)CustomersEst. Monthly Bill
Eversource Energy$0.271.3M$273
United Illuminating$0.24340K$242
Norwich Public Utilities$0.1920K$192

Compare & Shop Electricity Rates in Connecticut

Connecticut has a deregulated electricity market. This means residents can choose their electricity supplier and shop for the cheapest rates available. Your local utility still delivers power to your home, but you pick who generates it — and at what price.

How to Find the Lowest Rates in Connecticut

  • Compare suppliers: Visit Connecticut's Public Utilities Commission website for approved electricity suppliers and current rate offers.
  • Fixed vs. variable rates: Fixed-rate plans protect you from price spikes. Variable rates may start lower but fluctuate with the market.
  • Check contract terms: Watch for early termination fees, promotional rates that increase, and monthly service charges.
  • Consider solar: Rather than switching suppliers year after year, solar panels generate electricity at a fixed cost for 25+ years — often the cheapest long-term option.

The current average rate in Connecticut is $0.25/kWh. By comparing suppliers or going solar, many Connecticut homeowners cut their monthly bill from $253 to under $76 per month.

How Solar Compares to Connecticut Electricity Rates

Without Solar

  • Monthly bill: $253
  • Annual cost: $3,036
  • 25-year cost: $75,900
  • Rate trend: Rising 2-5% annually

With Solar

  • Monthly savings: $202
  • Annual savings: $2,424
  • 25-year savings: $38,000
  • Rate: Locked in for 25+ years
Residential rooftop equipped with solar panels in Connecticut - Electricity Rates

Electricity Rates FAQ - Connecticut

The average residential electricity rate in Connecticut is $0.25 per kilowatt-hour (kWh), which is 56% above the national average of $0.16/kWh. The average monthly electric bill is approximately $253.

With solar panels, Connecticut homeowners can reduce their electricity costs by approximately 80%, saving around $202 per month or $38,000 over 25 years. The 30% federal tax credit further reduces the upfront cost.

The largest electric utilities in Connecticut include Eversource Energy, United Illuminating, Norwich Public Utilities. Rates vary between utilities, so your exact cost depends on your provider and usage.

Yes, electricity rates in Connecticut have been increasing over time, following national trends of 2-5% annual increases. This upward trend makes solar panels an increasingly attractive investment since they lock in your energy costs for 25+ years.

Solar panels generating clean energy under blue sky in Connecticut - Electricity Rates

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30%Federal Tax Credit
25+Year Savings
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