Multiple Retail Suppliers Billed Rates In Excess Of 19¢/kWh For Months In 2019, As High As 24¢

Connecticut Light & Power and United Illuminating have filed responses to an interrogatory in a Connecticut PURA proceeding concerning potential changes to the purchase of receivables mechanism, including the highest and average rates billed by retail electric suppliers

See background on the POR proceeding here

The EDCs were directed to provide the high, low, mean, and median monthly rates charged by each retail electric supplier through consolidated billing for supplier services to "residential" customers for each of the past two years. All data in this story refer to the interrogatory responses provided by the EDCs, which were limited to rates billed via UCB. It was unclear if the EDCs residential price data included incidental residential accounts

At CL&P, five retail suppliers had a maximum billed residential rate of over 19 cents per kWh for multiple months in 2019 (the total is six suppliers when including 2018 data)

At CL&P, one supplier had a maximum billed residential rate of 24 cents per kWh for multiple months in 2019. Per CL&P's interrogatory response, this supplier's mean billed rate during such months was about 11-12 cents per kWh.

At CL&P, five retail suppliers had, in at least one month from 2018-2019, a mean billed residential rate in excess of 13 cents per kWh, with the highest mean being 15.9 cents per kWh

At UI, five retail suppliers had a maximum billed residential rate in excess of 19 cents per kWh during December 2019

At UI, in December 2019, four suppliers had an average of their billed residential prices in excess of 13 cents per kWh, with the highest average being 15 cents per kWh.

The identity of the various suppliers and additional rate data can be found in the EDCs' interrogatory responses linked below:

CL&P

UI

Docket 20-01-33