Electricity rates and solar savings in Connecticut

Electricity Rates in Connecticut

Average residential electricity cost, utility comparison, and solar savings potential for Connecticut homeowners.

$0.25
Avg Rate ($/kWh)
$253
Avg Monthly Bill
+56%
vs National Avg
$202/mo
Solar Savings

Connecticut Electricity Cost Overview

The average residential electricity rate in Connecticut is $0.25 per kWh, which is 56% above the national average of $0.16/kWh.Connecticut homeowners pay an average of $253 per month for electricity, based on typical usage of 1010 kWh per month.

Connecticut has some of the highest electricity rates in the continental U.S. Rate increases over the past decade have made solar panels one of the best investments for homeowners looking to reduce energy costs.

Major Electric Utilities in Connecticut

Utility CompanyAvg Rate ($/kWh)CustomersEst. Monthly Bill
Eversource Energy$0.271.3M$273
United Illuminating$0.24340K$242
Norwich Public Utilities$0.1920K$192

Connecticut has a deregulated electricity market, which means you can choose your electricity supplier. Shopping for a competitive rate can lower your bill.

How Solar Compares to Connecticut Electricity Rates

Without Solar

  • Monthly bill: $253
  • Annual cost: $3,036
  • 25-year cost: $75,900
  • Rate trend: Rising 2-5% annually

With Solar

  • Monthly savings: $202
  • Annual savings: $2,424
  • 25-year savings: $38,000
  • Rate: Locked in for 25+ years

Electricity Rates FAQ - Connecticut

The average residential electricity rate in Connecticut is $0.25 per kilowatt-hour (kWh), which is 56% above the national average of $0.16/kWh. The average monthly electric bill is approximately $253.

With solar panels, Connecticut homeowners can reduce their electricity costs by approximately 80%, saving around $202 per month or $38,000 over 25 years. The 30% federal tax credit further reduces the upfront cost.

The largest electric utilities in Connecticut include Eversource Energy, United Illuminating, Norwich Public Utilities. Rates vary between utilities, so your exact cost depends on your provider and usage.

Yes, electricity rates in Connecticut have been increasing over time, following national trends of 2-5% annual increases. This upward trend makes solar panels an increasingly attractive investment since they lock in your energy costs for 25+ years.

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Electricity Rates by City in Connecticut

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30%Federal Tax Credit
25+Year Savings
$0Down Options