United Illuminating New Last Resort Electricity Rates

Electricity Prices

United Illuminating (UI Company), which services parts of Southern Connecticut, has announced its new Last Resort Service Rates for default service customers for the period April through June 2014.

United Illuminating’s  Last Resort Service Generation Services Charge (GSC) rates for the three-month period beginning April 2014 are as follows, in cents per kWh:
Rates GST & LPT, Above 500kW
April: 8.7031
May:  7.5931
June: 9.0761

For Last Resort Service rate classes with peak/off peak periods, the UI electricity supply rates are identical for each period, both Shoulder and Off-Peak.

To learn about competitive electricity and gas supply contracts, contact Better Cost Control.

United Illuminating (UI) of Connecticut Files New Default Service Rates

United Illuminating has filed new Last Resort Service rates for the three-month period beginning July 1.

The Last Resort Service rates, applicable to Rates GST & LPT, will be as follows, in cents per kWh

July: $0.056706

August: $0.056496

September: $0.057896

These prices are expected to rise dramatically in October, since gas prices have been rising and the futures market points to prices over a penny higher in October.

Obtain more information on locking in a fixed rate.