Electricity Rates in New london, CT

Electricity rates in New london, CT average 22.0¢/kWh — 23.7% above the national average of 17.78¢/kWh. Connecticut Light & Power Co is the primary electricity provider in the area.

Avg. Residential Rate 22.0¢/kWh
vs. Connecticut Avg. 0.0%
vs. National Avg. +23.7%
Providers 1

Electricity Providers in New london

Utility Residential Rate Commercial Rate Type
Connecticut Light & Power Co 22.0¢/kWh 17.0¢/kWh Investor Owned

Estimated Monthly Electric Bill

Based on the average residential rate of 22.0¢/kWh and typical US household usage of 886 kWh/month:

New london monthly bill $194.92
New london annual cost $2339.04
Connecticut avg. monthly $194.92
National avg. monthly $157.53

Solar Savings in New london

At 22.0¢/kWh, a typical New london household spends approximately $2339.04/year on electricity. Solar panels could reduce this by 50–90%.

$1754/yr estimated solar savings

The federal solar tax credit covers 30% of installation costs through 2032.

EV Charging Costs in New london

Charging an electric vehicle at home in New london costs approximately $198.00/month at current rates, based on average driving habits (about 30 kWh per charge, charged daily). Compare to public charging prices at ChargeBuddy.ai.

Frequently Asked Questions

What is the average electricity rate in New london, CT?

The average residential electricity rate in New london, CT is 22.0¢ per kilowatt-hour (kWh) based on 2024 data. This translates to an estimated monthly bill of $194.92 for a typical household.

Who provides electricity in New london?

New london is served by 1 electricity provider. Connecticut Light & Power Co is the largest provider in the area.

How do New london electricity rates compare to the rest of Connecticut?

New london's average rate of 22.0¢/kWh is close to the Connecticut state average of 22.0¢/kWh. Rates are typical for the region.