Electricity rates and solar savings in New Haven, CT

Electricity Rates in New Haven, CT

Average electricity cost, utility comparison, and solar savings potential for New Haven homeowners.

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

New Haven Electricity Cost Overview

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

Electricity rates in New Haven are determined by the local utility providers that serve the area. Rates can vary depending on your specific utility, usage level, and time of use. Since Connecticut has a deregulated electricity market, New Haven residents can shop for competitive rates from alternative suppliers.

Electric Utilities Serving New Haven

Utility CompanyAvg Rate ($/kWh)Est. Monthly Bill
Eversource Energy$0.27$273
United Illuminating$0.24$242
Norwich Public Utilities$0.19$192

How Solar Compares to New Haven 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

Electricity Rates FAQ - New Haven, CT

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

With solar panels, New Haven 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 of going solar.

The major electric utilities serving the New Haven area include Eversource Energy, United Illuminating, Norwich Public Utilities. Rates vary between providers, so your exact cost depends on your utility and usage level.

Yes, electricity rates in New Haven and across Connecticut have been increasing, following national trends of 2-5% annual increases. This makes solar panels an increasingly attractive option since they lock in your energy costs for 25+ years.

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30%Federal Tax Credit
25+Year Savings
$0Down Options