Businesses in Connecticut benefit from energy choice thanks to deregulation. They can select competitive suppliers for electricity and/or natural gas, depending on the market.
Deregulation Background - Connecticut's electricity deregulation was introduced in 1998, and natural gas markets are deregulated. Mature market with both electricity and natural gas deregulated.
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Utility Overview - Major utilities in Connecticut include Eversource (formerly CT Light & Power), United Illuminating (UI), Connecticut Natural Gas. These utilities continue to deliver power through their transmission and distribution networks, while customers can choose a separate energy supplier in deregulated areas.
Energy Broker Role - Energy brokers help businesses compare multiple suppliers, negotiate fixed-rate contracts, and manage ongoing energy needs. They offer insights into market trends, renewable energy options, demand response programs, and efficiency measures to reduce costs and risk.