{"id":2548,"date":"2024-11-12T10:30:09","date_gmt":"2024-11-12T16:30:09","guid":{"rendered":"https:\/\/www.ctenergyratings.com\/blog\/?p=2548"},"modified":"2024-11-12T10:30:18","modified_gmt":"2024-11-12T16:30:18","slug":"eversource-tells-customers-to-shop-3rd-party-suppliers","status":"publish","type":"post","link":"https:\/\/www.ctenergyratings.com\/blog\/eversource-tells-customers-to-shop-3rd-party-suppliers\/","title":{"rendered":"Eversource Tells Customers to Shop 3rd Party Suppliers"},"content":{"rendered":"\n

Why CT Customers Should Shop 3rd Party Now<\/h2>\n\n\n\n
\"Learn
Standard offer rates in CT are rising! Even Eversource Energy is warning its customers to shop 3rd party suppliers this winter. Find out why and how you can lock in the cheapest electricity for your home!<\/em><\/center><\/figcaption><\/figure><\/div>\n\n\n\n

Winter is right around the corner. That means bigger electricity bills<\/a> from heating and holiday lighting costs. Keep in mind that energy in CT has been expensive for quite some time. But recently, Eversource<\/a><\/strong> has made a timely suggestion that could save you money. So let’s unravel why you should shop the best electric rates<\/a> from 3rd party suppliers.<\/p>\n\n\n\n

Eversource Recommends 3rd Party Suppliers<\/h3>\n\n\n\n

Late last month, Eversource<\/strong> posted a notice about winter pricing<\/a>. Basically, standard offer rates depend on natural gas prices because natural gas power generators. Prices tend to be higher when there is more demand for power. For most of the country, winter electricity rates<\/a> are high because of the demand for heating during the cold bitter months. In other words, standard offer prices are likely to rise with the new year.<\/p>\n\n\n\n

It’s also important to remember that Eversource<\/strong> cannot generate power. Instead, it has to purchase power from generator companies. Their prices depend on the often-volatile natural gas market<\/a>. In addition, CT energy bills have risen because of public benefits charges<\/a>, which largely stems from a 2017 deal lawmakers made to keep the Millstone Power Station running. The deal requires that Eversource<\/strong> purchase some of their power from Millstone<\/a>, even if cheaper options are available.<\/p>\n\n\n\n

Thankfully, you can take control over some of your bill. Third party energy suppliers<\/a> have more freedom to purchase power from a wider pool of generators offering cheaper prices. So locking in a great rate before January 1 may save you big this winter or even longer. Best of all, some energy suppliers may even be able to bring clean energy into your home.<\/p>\n\n\n\n

Discover More Energy Savings<\/h3>\n\n\n\n

Eversource<\/strong> has also made several excellent suggestions for saving energy<\/a> this winter. They encourage customers<\/a> to manage their energy usage by:<\/p>\n\n\n\n