Electricity Rates in Waterford, CT
Waterford, CT is in a deregulated electricity market with 2 providers available. The average residential rate is 21.0¢/kWh, 4.5% below the Connecticut average of 22.0¢/kWh. Residents may be able to switch providers to find a lower rate.
Electricity Providers in Waterford
| Utility | Residential Rate | Commercial Rate | Type |
|---|---|---|---|
| Bozrah Light & Power Company | 19.0¢/kWh | 21.0¢/kWh | Municipal |
| Connecticut Light & Power Co | 22.0¢/kWh | 17.0¢/kWh | Investor Owned |
Estimated Monthly Electric Bill
Based on the average residential rate of 21.0¢/kWh and typical US household usage of 886 kWh/month:
Solar Savings in Waterford
At 21.0¢/kWh, a typical Waterford household spends approximately $2232.72/year on electricity. Solar panels could reduce this by 50–90%.
The federal solar tax credit covers 30% of installation costs through 2032.
EV Charging Costs in Waterford
Charging an electric vehicle at home in Waterford costs approximately $189.00/month at current rates, based on average driving habits (about 30 kWh per charge, charged daily). Compare to public charging prices at ChargeBuddy.ai.
Nearby Cities in Connecticut
Frequently Asked Questions
What is the average electricity rate in Waterford, CT?
The average residential electricity rate in Waterford, CT is 21.0¢ per kilowatt-hour (kWh) based on 2024 data. This translates to an estimated monthly bill of $186.06 for a typical household.
Who provides electricity in Waterford?
Waterford is served by 2 electricity providers. Connecticut Light & Power Co is the largest provider in the area, though rates and availability vary by specific address.
How do Waterford electricity rates compare to the rest of Connecticut?
Waterford's average rate of 21.0¢/kWh is 4.5% below the Connecticut state average of 22.0¢/kWh. Rates are typical for the region.