New energy supplier comes to Connecticut

New energy supplier comes to Connecticut

There are 14 comments on the NewsTimes.com story from Nov 12, 2007, titled New energy supplier comes to Connecticut. In it, NewsTimes.com reports that:

Another electricity supplier announced Monday it is entering the Connecticut market, providing consumers with more competition and the prospect of lower prices.

Join the discussion below, or Read more at NewsTimes.com.

angry hostage consumer

Branford, CT

#2 Nov 12, 2007
The laws should have stipulated that new energy providers can participate in the CT market, but must also be regulated and cost to consumer should be capped as energy companies should no longer be public and warrant investor returns. Energy is no longer a luxery and raising prices while crippling the consumer is horrible for our overall economy. Keep the housing bust going and add electric prices doubling and tripling... You will see a serious recession...or depression.
Decapod

United States

#3 Nov 12, 2007
Newcomers to Connecticut's power market didn't stick around because they couldn't make huge profits . Yet,we have the second highest rates in this nation .Where the hell is the money going? Also,who benefits from all the cell phone arrays that top the transmission towers? The electric company isn't letting those antennas go up there for free! Why hasn't that income lowered our rates? Could it be that any extra money CL&P finds laying around goes to executive bonuses ? Just how do you justify bonuses when CL&P isn't really doing that well .
Free Speech

Boston, MA

#4 Nov 12, 2007
Well since CL&P owns the power stations and the lines then the new company will have to lease that equipment from CL&P which will not make it cheaper as far as rates are concerned.
Just like phone and cable companies tried to block competitors from using their lines to provide service and was overturned by the government.
For example if you ordered broadband internet from AOL like DSL service then and SNET tech use to show up at your house to install it but you got a bill from AOL. They are just resellers for the monopoly.

Zyx

Since: Oct 07

Danbury

#5 Nov 12, 2007
I visited the Direct Energy website, and it indicated they don't serve residences in Connecticut. Direct Energy should get their marketing, sales and IT folks working together.

The discount is exactly that provided by Levco, which has been providing electricity in Connecticut for some time. What is the benefit to switching from Levco to Direct Energy?

The 5% energy savings is to only about half the electric bill. It is more like a 2.5%+- discount overall.

This still doesn't change the fact that our electric rates have been increasing much faster since the state supposedly opened us up to the benefits of competition. Can we afford much more? Will a competitor who gives the same discount as an existing competitor really make a dent in the market?

NT what is the Direct Energy marketing plan to differentiate itself from Levco?
boredwithbs

Jericho, VT

#7 Nov 12, 2007
So if Direct Energy offers a FEW new customers a 5% discount, why doesn't Connecticut Loot and Pillage match their lower prices?

Maybe the high paid executives and their bonuses are the cause?

Leave the ratepayers alone, and charge the high salaries and the bonuses to the stockholders, who hired them.
rootbeer

Hebron, CT

#8 Nov 12, 2007
Who knows what's in Cheneys secret energy plan. This area lost a chance at self-sufficiency for power when the towns surrounding the lake didn't jump at the chance to buy it. The companies and the state will always rattle off numbers to us and happily pocket the profits while making it seem they’re helping us.Isn't it nice that Direct Energy's Beck thinks business is wonderful. We've just been introduced to the newest vulture.
getthis

New Milford, CT

#9 Nov 12, 2007
i got something in the mail from levco, a connecticut based company mentioned in the article. they could save me .005 cents per dollar. why would I BOTHER switching? That isn't even worth making the phone call
43mpco

AOL

#11 Nov 13, 2007
This company will do the same thing to Conn Light & Power that was done to SNET a few years ago. They will cherry pick the customers they want to serve at the lowest cost to their own company. There isnt anyone that can say their telephone bill went down upon the introduction of competition in the Telephone industry & the breakup of the Bell System. The people that allowed this to happen are the same ones that allowed the Post Office to stay intact & also gave us low flush toilets!

“PORK. The other white meat. ”

Since: Oct 07

Taserbury

#12 Nov 13, 2007
Green.

“non compos mentis”

Since: Aug 07

New Haven, CT

#13 Nov 13, 2007
angry hostage consumer wrote:
The laws should have stipulated that new energy providers can participate in the CT market, but must also be regulated and cost to consumer should be capped as energy companies should no longer be public and warrant investor returns. Energy is no longer a luxery and raising prices while crippling the consumer is horrible for our overall economy. Keep the housing bust going and add electric prices doubling and tripling... You will see a serious recession...or depression.
Agreed.

I don´t understand why power companies are allowed local monopolies.
It was once the same for phone companies.
I can´t tell you how happy I was when I learned I could change my phone provider and tell SNET, Yahoo, SBC, AT&T where to stick it.
I would like to be able to do the same with CL&P, and the local gas company.
They given rotten service if you call and need them; The gouge us with prices, and what recourse do we have?
If I don´t like a Shaw, I can go to Stop & Shop; If I don´t like Denny´s, I can go to Friendly´s. If I don´ like Target, I can go to Sears...etc., etc.
These companies know they have competition, and, so they must adjust their prices accordingly, and try to give the best service possible.
CL&P has no competition, so they can treat us like dirt and charge whatever they want.
Capitalism only works for the consumer when there is competition.
Quagmire

United States

#14 Nov 13, 2007
CiudadanoAmericano wrote:
<quoted text>
Agreed.
I don´t understand why power companies are allowed local monopolies.
It was once the same for phone companies.
I can´t tell you how happy I was when I learned I could change my phone provider and tell SNET, Yahoo, SBC, AT&T where to stick it.
I would like to be able to do the same with CL&P, and the local gas company.
They given rotten service if you call and need them; The gouge us with prices, and what recourse do we have?
If I don´t like a Shaw, I can go to Stop & Shop; If I don´t like Denny´s, I can go to Friendly´s. If I don´ like Target, I can go to Sears...etc., etc.
These companies know they have competition, and, so they must adjust their prices accordingly, and try to give the best service possible.
CL&P has no competition, so they can treat us like dirt and charge whatever they want.
Capitalism only works for the consumer when there is competition.
The only competition between electric companies is to see who can get away with raising their rates the highest.
barr409

Albuquerque, NM

#15 Nov 13, 2007
I don't care who you go with, you will be paying way to much. But you are makeing all that big money in ct. so you can pay what they bill you, even if you don't like it. Dave
Sophie

Wroclaw, Poland

#16 Jul 22, 2013
I think that nowdays it is important to find the cheapest supplier when you have huge selection. You can find the most suitable energy provider, it doesn't matter if it’s gas or electricity. I used Tower Utility and my bill is lower without doing researches.:)
CTM

New Milford, CT

#17 Jul 22, 2013
This whole power scam is a joke. The only ones laughing are friends of Blumenthal. Remember the sooty six? The six power generators that burn coal? They are all still there. Blumenthal made a big deal out of them again to lie to us so he could look like a good guy. The sooty six are still in operation and have been sold, these are a few of the generator competitors. Funny ain't it how the supplier side of your bill, the fee that doubled the electric bill on all of us, the new monopoly, is owned by the same crooks who owned the sooty six. So if you look at the low end of the supplier side, like one million people each with an electric bill paying 100 bucks a month for electric supply, that's 100 million $$ a month. And the greedy ba$tards still can't find it in their wallet to fix the poles and trim some trees. And it's all "legal" since Blumenthal and McKinney passed some laws to allow this. Wonder how much they got paid?

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