What to know about electricity rates in Meriden, CT

  • Meriden residents pay 24.31 cents per kWh while the average national rate is 16.08 cents
  • The cheapest electricity rate is 9.20 cents per kWh for Meriden residents
  • You can shop rates from 7 available providers in Meriden

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Best Meriden, CT electricity rates

In the city of Meriden, you can find electricity rates that range from 9.20 cents to 33.14 cents per kWh. The best electricity plans in Meriden 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 Meriden.

What is the cheapest electricity company in Meriden, CT?

Provider Service Rate (¢/kWh)
Energy Plus Energy 8.56
Town Square Energy Energy 13.27
Direct Energy Energy 13.69
Constellation Energy Energy 14.34
Major Energy Electric Services Energy 17.63
North American Power Energy 25.44
Eversource Energy Bundled 28.51

Because Connecticut has a deregulated electricity market, Meriden 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. Meriden electricity providers offer different types of plans for residents and businesses to satisfy a range of needs.

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Average cost of electricity in Meriden, Connecticut

According to our data, the average electricity rate in Meriden is 24.31 cents per kWh. This equates to an average residential bill of $172.16 per month. Our data also shows the average resident in Meriden uses 708 kWh per month. Below, you can see how Meriden's electricity rates compare to the averages in Connecticut and the United States.

Rate Usage Bill
Meriden Average 24.31¢ 708 kWh $172.16
Connecticut Average 29.37¢ 758 kWh $184.15
United States Average 16.08¢ 871 kWh $140.10

Since the average price is 24.31 cents per kWh or $172.16 per month for residential electricity, prices lower than these can be considered affordable. Electricity rates in Meriden, 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 Meriden electricity plans. Below are our picks for the best residential plans in the state.

Provider Contract Term Rate Plan
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Compare Meriden electricity providers

There are 7 electricity providers in Meriden, 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 Meriden

Provider Service Type Rate (¢/kWh) Bill
Energy Plus Energy 8.56 $97.80
Town Square Energy Energy 13.27 $119.93
Direct Energy Energy 13.69 $108.84
Constellation Energy Energy 14.34 $116.21
Major Energy Electric Services Energy 17.63 $135.18
North American Power Energy 25.44 $176.17
Eversource Energy Bundled 28.51 $187.10
Showing 10 of 7 providers

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Business electricity rates in Meriden, CT

Commercial rates are typically cheaper than residential rates in Meriden, 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 Meriden pays 18.81 cents per kWh for electricity and has an average bill of $109,284 per month. They also use 5,810 kWh per month, which is a big increase from the residential average of 708 kWh.

Rate Usage Bill
Meriden Average 18.81¢ 5,810 kWh $1,092.84
Connecticut Average 21.53¢ 2,636 kWh $567.44
United States Average 12.05¢ 5,603 kWh $675.03

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 Meriden, Connecticut.

Provider Contract Term Rate Plan
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How to switch your Meriden electricity provider

While Meriden 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 Meriden:

  • 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 Meriden, 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.

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Meriden'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 Meriden, CT

When choosing an electricity plan in Meriden, 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 Meriden electricity rates

Compare Meriden electricity rates to save money and avoid overpaying in the deregulated market. Bills can vary greatly, with rates between 9 to 33 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.

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Electricity rates for cities near Meriden, Connecticut

Electricity rates for other cities

Meriden, CT electricity rate FAQs

What is a good rate per kWh in Meriden?

In Meriden, Connecticut, a good electricity rate falls between 23 cents to 25 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 Meriden today?

Meriden electricity rates currently average 24.31 cents per kWh, but you'll likely pay between 22 to 26 cents depending on your provider, location, and plan type.

Why is electricity so expensive in Meriden, CT right now?

Your Meriden 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 Meriden.

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.