Compare Danbury Electricity Rates - Connecticut Electric

Danbury Electricity Rates

Contents

1 Danbury Electricity Rates
2 Danbury Utility Companies
3 Report Power Outages to Eversource
4 Understanding Energy Deregulation
5 What is the Price to Compare?
6 When will I be Switched Over?
7 Is this a Fixed or Variable Rate?
8 Are there any Additional Fees?
9 Is there a Cancellation Fee?
10 Do I have to Cancel with my old Supplier?
11 View by City
12 Clean Energy
13 Electricity Rates

Danbury’s electricity rates fall under Eversource, formerly known as Connecticut Light and Power, service area. Residents of Danbury can enjoy the benefits of energy deregulation and the savings that come with it. Connecticut introduced energy choice in 1998 with legislation known as PA 98-28. The act “unbundled” the generation costs allowing Connecticut residents to shop around for a lower supply rate on their electric bill. Before energy deregulation, the utility companies had a monopoly over both the delivery and supply costs that they charged their customers.

Danbury is situated near the southwest part of Connecticut, just 32 miles north of Stamford and about 70 miles northeast of New York City. With a population of over 80,000, Danbury is home to Western Connecticut State University.

Danbury Utility Companies

If you are planning on moving to Danbury, then you can expect the electric bill to come from Eversource. Eversource is the utility company that operates in Danbury and is responsible for maintaining the infrastructure to safely deliver the electricity to its customers. These costs are reflected in the customer’s electric bill as the delivery charges. The delivery charges represent the regulated portion of the electric bill and the customer will not be able to shop around for another utility company. Given the logistics involved, it will be impossible for another utility company to deliver the electricity to the home or business.

Report Power Outages to Eversource

If you recently moved to Danbury and experience a power outage or any disruption of service, you will need to report it to Eversource. Eversource is responsible for resolving any power outages in its service area.

Contact information: 1-800-286-2000

Understanding Energy Deregulation

Thanks to PA 98-28, residential and business customers in Danbury can shop around for a competitive electric supplier and lock in a lower supply rate. After switching electric suppliers, the customer will still receive one electric bill from the utility company (Eversource). The electric bill will incorporate both the delivery and supply charges. This method of billing is known as single billing.

Delivery Charge – The delivery charge is the regulated portion of the electric bill. These costs are charged to the customer by Eversource and are overseen by the Public Utilities Regulatory Authority (PURA). Danbury’s residents will not be able to shop around for a lower delivery charge.

Supply Charge – The supply charge represents the deregulated portion of the electric bill. The supply charge is the cost of generating the electricity the customer is estimated to use during the term of an energy agreement. Due to energy choice, residents can now shop around for a lower supply rate.

What is the Price to Compare?

The price to compare is the supply rate Eversource charges their customers who have not switched over to a competitive electric supplier. The price to compare changes every six months and is used as a benchmark while comparing electric suppliers. If an electric supplier is offering a supply rate that is lower than the price to compare, then the customer will be saving money by locking in the rate.

When will I be Switched Over?

When you sign up with an electric supplier, you will be switched over on the next available meter read. The customer’s meter read falls once a month. The billing period on the electric bill will show what part of the month your meter read falls on. For example, let’s say a customer’s billing period is from August 10^th to September 10^th. If a customer signs up on August 15^th, they will be switched over to the new electric supplier on September 10^th. The first electric bill the customer receives that reflects the new rate will be in October.

Is this a Fixed or Variable Rate?

The most common rate plans are fixed rates. Fixed rates will put a ceiling on the price and will protect the customer during a risking market. Variable-rate plans will fluctuate on a month-to-month basis and can change at the sole discretion of the supplier. Variable rates can double or even triple in a single billing period.

Are there any Additional Fees?

Energy suppliers offering residential rates can have additional fees along with the supply rate. The most common is the meter fee charge. This charge is usually around $10 per month in addition to your supply rate. If you find an electric supplier advertising a very low rate be cautious and make sure to read the terms and conditions before signing up!

Is there a Cancellation Fee?

Most long-term fixed rates do have a cancellation fee. If you sign up with an electric supplier and switch before the expiration of the agreement, then you can expect to be hit with a cancellation fee. However, if you’re a residential customer and move to a new house, most electric suppliers will waive the cancellation fee. You will not be able to transfer supply rates to a new location.

Do I have to Cancel with my old Supplier?

When you switch electric suppliers, you will not have to notify your current electric supplier. The new electric supplier will notify the local utility company (Eversource), and the utility company will oversee the switch. It will be impossible to be charged by two separate electric suppliers.