Retail Supplier Serving Customers Exiting State's Electric Market
March 27, 2023 Email This Story Copyright 2010-21 EnergyChoiceMatters.com
Reporting by Paul Ring • firstname.lastname@example.org
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Wattifi Inc. has provided notice of its intent to exit the Connecticut electricity market effective as of the final customer meter read date(s) in April 2023.
Wattifi stated, "Wattifi contracts state that either party can cancel with 30 days written notice. Customers have the ability to transition to Standard Offer or can choose to move to a competitive supply option of their choice at any time. All customers have been notified of Wattifi’s upcoming exit from the Connecticut electric market and are transitioning service prior to the April 2023 meter read date(s)."
Wattifi stated, "No License Transfer or Customer Assignments. Wattifi is not transferring its license to another Connecticut supplier. Accordingly, no transfer or assignment-related approvals or notices are required under Connecticut statutes or the Connecticut marketing standards decision in Docket 14-07-20RE01 (May 2020)."
Per the latest migration data in Connecticut (data as of February 2023, filed in March), Wattifi was serving 127 "customers" in Connecticut: 86 at CL&P and 41 at UI. Per the migration report, 49 Wattifi customers at CL&P were categorized as residential, with 37 categorized as business. At UI, per the migration report, 27 Wattifi customers were categorized as residential, with 14 categorized as business
Wattifi stated, "Wattifi has proudly served its Connecticut customer base with a low-cost, customer centric electricity option. We look forward to continued innovative service options that provide customers with dynamic price signals and lower costs of service."