Table of Contents
- What to know aboout electricity rates in Derby, Connecticut
- Best Derby, CT electricity rates
- Average cost of electricity in Derby, Connecticut
- Best electricity plans in Derby
- Business electricity rates in Derby, Connecticut
- Best commercial electricity plans in Derby
- How to switch Derby, Connecticut electricity companies
- How deregulated electricity works in Derby
- Types of electricity plans in Derby, Connecticut
- Compare Derby electricity rates
- Derby, Connecticut electricity rate FAQs
What to know about electricity rates in Derby, CT
- Derby residents pay 28.01 cents per kWh while the average national rate is 16.22 cents
- The cheapest electricity rate is 9.40 cents per kWh for Derby residents
- You can shop rates from 7 available providers in Derby
Best Derby, CT electricity rates
In the city of Derby, you can find electricity rates that range from 9.40 cents to 44.55 cents per kWh. The best electricity plans in Derby for you depend on how much power you use and when you use it. Comparing companies is the best way to find better rates. Below are some rates from popular electric companies in Derby.
What is the cheapest electricity company in Derby, CT?
| Provider | Service | Rate (¢/kWh) |
|---|---|---|
| Energy Plus | Energy | 9.03 |
| Town Square Energy | Energy | 14.00 |
| Direct Energy | Energy | 14.45 |
| Constellation Energy | Energy | 15.14 |
| Major Energy Electric Services | Energy | 18.61 |
| North American Power | Energy | 26.86 |
| United Illuminating | Bundled | 34.67 |
Because Connecticut has a deregulated electricity market, Derby residents have the flexibility to shop around for a cheaper electricity bill. Many states don’t offer this choice. If you’re looking to reduce your energy bill, consider switching to a different provider or plan. Derby electricity providers offer different types of plans for residents and businesses to satisfy a range of needs.
Average cost of electricity in Derby, Connecticut
According to our data, the average electricity rate in Derby is 28.01 cents per kWh. This equates to an average residential bill of $164.40 per month. Our data also shows the average resident in Derby uses 587 kWh per month. Below, you can see how Derby's electricity rates compare to the averages in Connecticut and the United States.
| Rate | Usage | Bill | |
|---|---|---|---|
| Derby Average | 28.01¢ | 587 kWh | $164.40 |
| Connecticut Average | 30.24¢ | 686 kWh | $192.22 |
| United States Average | 16.22¢ | 884 kWh | $143.38 |
Since the average price is 28.01 cents per kWh or $164.40 per month for residential electricity, prices lower than these can be considered affordable. Electricity rates in Derby, Connecticut depend on your home size and usage, so the kWh rate is more useful when comparing your rate to the average.
Best electricity plans
We've analyzed the prices, terms, and conditions of popular Derby electricity plans. Below are our picks for the best residential plans in the state.
| Provider | Contract Term | Rate | Plan |
|---|---|---|---|
| See All Plans | |||
Compare Derby electricity providers
There are 7 electricity providers in Derby, CT. While some providers only serve specific areas, you have multiple options for electricity wherever you are. Different providers can offer different specials, plan types, and sales throughout the year. However, always read the fine print of the energy plans you consider to avoid hidden penalties.
Residential Electricity Providers in Derby
| Provider | Service Type | Rate (¢/kWh) | Bill |
|---|---|---|---|
| Energy Plus | Energy | 9.03 | $103.65 |
| Town Square Energy | Energy | 14.00 | $127.11 |
| Direct Energy | Energy | 14.45 | $115.36 |
| Constellation Energy | Energy | 15.14 | $123.16 |
| Major Energy Electric Services | Energy | 18.61 | $143.27 |
| North American Power | Energy | 26.86 | $186.71 |
| United Illuminating | Bundled | 34.67 | $189.14 |
Business electricity rates in Derby, CT
Commercial rates are typically cheaper than residential rates in Derby, Connecticut because businesses consume a lot of energy. This means they get a volume discount on electricity. Think about how much power a corner store might use to run HVAC, refrigeration, security systems, lighting, and computers. It adds up. Our data shows the average business in Derby pays 20.53 cents per kWh for electricity and has an average bill of $130,219 per month. They also use 6,344 kWh per month, which is a big increase from the residential average of 587 kWh.
| Rate | Usage | Bill | |
|---|---|---|---|
| Derby Average | 20.53¢ | 6,344 kWh | $1,302.19 |
| Connecticut Average | 21.86¢ | 2,678 kWh | $585.43 |
| United States Average | 12.14¢ | 5,654 kWh | $686.54 |
Finding ways to reduce overhead costs is essential as a business owner. You have the opportunity to do that in a deregulated electricity market. Even reducing your electricity by one or two cents per kWh can make a huge difference when you have a high monthly bill. Compare commercial electricity rates to find the plan that makes the most sense for your business.
Best commercial electricity plans
Below are the top commercial electricity plans in Derby, Connecticut.
| Provider | Contract Term | Rate | Plan |
|---|---|---|---|
| See All Plans | |||
How to switch your Derby electricity provider
While Derby residents have access to multiple electricity providers, understanding the switching process helps guarantee a smooth changeover between companies.
You'll need to plan ahead since suppliers require up to two weeks to process applications.
Here's how to switch your electricity company in Derby:
- Compare rates using tools like the one on our page
- Select a supplier and plan that fits your needs
- Submit enrollment at least two days before your meter read date
- Wait for the switch to occur on your next billing cycle
Remember that if you don't choose an alternative supplier, you'll automatically receive Standard Service through UI or Eversource, with rates that change every January 1st and July 1st.
Best time to switch electric companies in Derby, Connecticut?
After understanding how to switch providers, knowing the ideal timing for making the switch can save you money and prevent service disruptions.
The best time to switch is at least ten days before your next meter reading date, which you'll find on your electric bill.
Key timing considerations:
- Standard Service switches take two business days
- Supplier changes require 2-3 weeks for completion
- Switches activate on your next meter reading date
- You'll need to settle any outstanding balances first
Consider your usage patterns and contract terms when timing your switch.
Longer contracts often offer better rates but may have stricter terms and potential cancellation fees.
Derby's deregulated electricity market
Since Connecticut passed its deregulation law in 1998, you've had the power to choose your electricity supplier rather than relying solely on your utility company.
Under this system, utilities focus on delivering power through transmission and distribution networks, while generation is open to competition.
Here's how it works:
- Your utility company handles the physical delivery of electricity
- You can choose a competitive supplier for the electricity itself
- The ISO New England manages the wholesale market
- If you don't choose a supplier, you'll receive standard service from your utility
Despite deregulation's promise of lower costs through competition, Connecticut continues to have some of the highest electricity rates nationwide. This is why choosing your provider carefully is important.
Types of electricity plans in Derby, CT
When choosing an electricity plan in Derby, you'll see three main options that have different pros and cons:
- Fixed-rate: Predictable bills with terms from 6-36 months
- Variable rate: Monthly rate changes based on market prices
- No-contract: Quick activation and freedom to switch providers
Before selecting a plan, evaluate your energy usage patterns and compare offerings from different providers.
Remember that Eversource (formerly Connecticut Light & Power) and United Illuminating handle the physical infrastructure regardless of your chosen supplier.
Compare Derby electricity rates
Compare Derby electricity rates to save money and avoid overpaying in the deregulated market. Bills can vary greatly, with rates between 9 to 45 cents per kWh across different providers and plan structures. Take the time to read the fine print and do the math to figure out which is your best option.
Electricity rates for cities near Derby, Connecticut
- Shelton, CT electricity rates
- Orange CDP, CT electricity rates
- Ansonia, CT electricity rates
- Milford, CT electricity rates
- New Haven, CT electricity rates
- East Village CDP, CT electricity rates
- Oronoque CDP, CT electricity rates
- West Haven, CT electricity rates
- Sandy Hook CDP, CT electricity rates
- Trumbull Center CDP, CT electricity rates
Electricity rates for other cities
Derby, CT electricity rate FAQs
What is a good rate per kWh in Derby?
In Derby, Connecticut, a good electricity rate falls between 27 cents to 29 cents per kWh. Tired of high bills? Shop during spring and fall to lock in lower prices before HVAC use spikes in the summer or winter.
What are electric rates in Derby today?
Derby electricity rates currently average 28.01 cents per kWh, but you'll likely pay between 26 to 30 cents depending on your provider, location, and plan type.
Why is electricity so expensive in Derby, CT right now?
Your Derby electricity could be high because you're paying for expensive nuclear contracts and aging infrastructure. State policies, renewable energy goals, and federal mandates can increase the average cost of energy in Derby.
Will electricity get cheaper in the future?
Electricity rates fluctuate due to energy demand, fuel costs, grid infrastructure, and regulatory policies. While short-term declines may occur, long-term trends often show increases due to inflation, grid modernization, and shifts to renewable energy.