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Residential Retail Supplier Customers Saved $4 Million Versus Default Service In Feb. 2024 ($90 Million In Savings In Last 12 Months)
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The Connecticut Office of Consumer Counsel has posted an updated comparison of electricity costs for customers choosing a retail supplier versus utility standard service, through February 2024
In the month of February 2024, residential Eversource customers who chose suppliers
saved in aggregate $2,627,490 more than the Standard Offer for their electric generation,
and residential UI customers who chose suppliers saved in aggregate $1,326,783 more
than the Standard Offer
For the rolling year of March 2023 through February 2024, residential consumers who
chose a retail supplier saved, in aggregate, $89,996,459 more than the Standard Offer, OCC said.
OCC said that in the month of February 2024, six out of ten residential supplier customers paid less
than the Standard Offer in Eversource territory, and nine out of ten residential supplier
customers paid less than the Standard Offer in UI territory
OCC said that, since January 2015, when OCC started tracking supplier data, customers with a supplier
have overpaid a total of $182,515,792 more than standard service.
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April 5, 2024
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Copyright 2010-23 EnergyChoiceMatters.com
Reporting by Paul Ring • ring@energychoicematters.com
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