Connecticut

Across the country, residents and businesses are continuing to exercise their ability to choose their electricity provider. Electricity shopping in competitive markets ensures providers are more innovative and efficient in their efforts to attract customers. As a result, consumers have access to the highest quality service at the most competitive prices. 
 

Connecticut continues to see consumers in the state’s retail electricity markets benefit from competitive suppliers. Restructuring Today recently reported commercial and industrial (C&I) account shopping in the Connecticut Light & Power (CL&P) territory reached another new high in December. Marketers added more than 15,000 accounts, of which nearly 1,000 came from C&I, which saw shopping rise from 54 percent to 55percent. The residential market saw a bump of 2.4 percentage points.

Consumers drove the percentage of electricity purchased from competitive suppliers higher in multiple states over the summer and fall, according to recent state data reported inRestructuring Today. This trend mirrors the growth of competitive markets detailed in COMPETE’s recent study of switching rates, which found the volume of electricity sales by competitive suppliers has doubled since 2003.
 

A new study sponsored by COMPETE reveals the volume of electricity sales by competitive non-utility suppliers has doubled since 2003 in the continental United States, and competitive suppliers are increasingly offering innovative products and services allowing competition based on more than just price.
 
The report compiles national statistics and in-depth analysis of several states (New York, Illinois, Pennsylvania, Texas, Connecticut, Maryland, Washington D.C.) that have opened their retail electricity markets to competition.
 

The number of consumers switching to competitive suppliers has continued its trend of upward growth in four states with competitive markets, bringing competitively priced electricity to even more customers. These switching numbers come from recently released state data posted in Restructuring Today, and reiterate that electricity customers switching their power suppliers is a clear sign of the success of competitive markets.
 

The upward trend of shopping for alternative energy suppliers continued rising in several states this summer, pushing overall numbers higher and bringing competitively priced electricity to even more customers. The new switching numbers come from recently released state data and were highlighted in Restructuring Today.
 

A new report by the Center for American Progress (CAP) identifies the top 10 states for energy efficiency and credits market forces for stimulating innovation and investment. According to the report, Connecticut, California, Maryland, Massachusetts, Pennsylvania, New York, Texas, North Carolina, New Jersey, and Ohio are the nation’s top energy efficiency markets – all but North Carolina have competitive retail electricity markets.
 

The percentage of customers shopping for alternative energy suppliers has grown in six restructured markets, according to recently released data from state regulators highlighted in Restructuring Today.
 
These new numbers compiled from earlier this year, combined with continued growth in regions across the nation, are the latest evidence competition is working by delivering economic benefits and competitively priced electricity options to consumers.
 

Consumers have increased their participation in Connecticut’s competitive electricity market and are enjoying even greater economic benefits, recent announcements make abundantly clear. The state’s consumers scored a recent victory when Governor Rell vetoed a bill that would have rolled back competition in the state’s market, and now they are making the most of their opportunity to choose to purchase from competitive power suppliers.
 

The percentage of retail electricity customers switching to competitive energy suppliers increased in the first quarter of 2010, according to new state-level data compiled by Restructuring Today. 
 
Reports from Ohio, Connecticut, and Maine combined with similar growth in four other key markets across the country highlight how competitive markets are delivering lower-cost, competitively priced electricity to consumers.