July 1, 2010
The National Weather Service’s Climate Prediction Center is expecting a rough Hurricane season in 2010 that may have a negative effect on retail electricity prices. Electric rates in the majority of competitive electric markets have a direct correlation with natural gas prices. Bad hurricane seasons result in a decline in natural gas production that eventually pushes [...]
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June 29, 2010
Competitive electric rates in Connecticut remain well below the price to compare default rates of CLP. Despite this, only 27% of customers (residential, commercial, and Industrial) have chosen an alternative supplier. Small and medium commercial customers in the CLP territory on default service (i.e. have not chosen a competitive supplier) are paying a rate of [...]
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