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Consumers will need to beware of high electricity rates in 2015

HARTFORD, Conn. – As Connecticut residents – who already pay some of the highest electric rates in the nation – brace for further increases in the new year, state officials and consumer advocates are urging them to be wary if they consider switching electricity suppliers.

With the state’s two electric utility companies, Connecticut Light & Power and United Illuminating, both planning rate hikes that take effect Jan. 1, “we expect to see increased marketing efforts by competitive electric suppliers,” said Connecticut Consumer Counsel Elin Swanson Katz.

Speaking at a press conference Tuesday at the Legislative Office Building, Katz and others warned customers to use caution when shopping around for cheaper electric rates. While there are savings to be had, she said, there also are dangers.

See the complete story at CT News Junkie.

 

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