FYI…Eversource Rate Increase

Submitted by dignan_007 t3_10ipaat in StamfordCT

FYI…Eversource electricity rates doubled at the first of the year. I missed the email they sent but was on a call with them regarding another issue and the customer service agent mentioned it. She also let me know that you can go to energizect.com and change to a different supplier with better rates. Eversource will still be the billing company but there are a few different supplier options. I was able to get a much lower rate for 22 billing cycles which will save me approximately & $75/ month. You can switch suppliers right on the website and it was quick and easy. Cheers!!

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DLFiii t1_j5flpvu wrote

When did that happen exactly? My bills have actually been lower than typical for the past several months.

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dignan_007 OP t1_j5fqwxz wrote

Replying to DLFiii (#1,438,803)

The rate went from $.12 to $.24 on January 1st. Here is what they stated in their January update email…

“As previously communicated, beginning Jan. 1, the Eversource Standard Service supply rate increased. Record high natural gas prices are having the biggest impact on bills, especially here in New England where natural gas is used to generate much of the region’s electricity. A customer using 700 kWh per month will see about a 48% or $84.85 increase to your total bill compared to December's bill. Your total bill impact depends on energy used, your rate, and weather conditions. We know any increase to your bill is challenging and we’re here to help.”

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Poopeypants t1_j5gdbw2 wrote

My bill went up about $115. This was after switching to Constellation thru Eversource.

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jennner1026 t1_j5guowr wrote

My bill doubled this month. I think I’ll try calling like you did. It actually worked?? What did you tell them and how do I do this on the website?

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dignan_007 OP t1_j5gyx7y wrote

I was calling about a gas meter replacement not to complain about my bill. They said that they send an email regarding the rate hike so I wouldn’t bother calling just go to www.energizect.com and click on the compare rates tab. You can then review all of the rates and switch providers. The least expensive is Town Square Energy for $.148 which is just about $.10 less expensive than Eversource.

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jjb5151 t1_j5jtrj7 wrote

Calling them about switching today, did you have to do anything besides sign up?

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HortemusSupreme t1_j5kj8lc wrote

Replying to jjb5151 (#1,451,547)

No, it’s very easy. CT signed a law to make it incredibly easy to switch providers whenever you want. It only takes a phone call, they advertise the rates as 12 months or 24 months or whatever, but you can switch without penalty whenever you find a better rate.

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jduff180 t1_j5rpxfz wrote

Does switching suppliers impact the power you receive to your house in anyway?

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