Quick Announcement: First Time Rate Below $0.10/kWh

Happy Monday 👋 

I can’t just not tell you just because I learned two days after I sent out the last email: Think Energy just came out with the best individually priced contract (excluding gift cards) - for the first time below $0.10/kWh this winter cycle.

Check out this Think Energy Think Basic 9 Plan offering to supply for 9 months at a rate of $0.097/kWh.

That will yield $226 in savings over six months for the average consumer that uses 750 kwW per month.

That’s it, end of email.

Unless you want to see how the new ThinkEnergy offer stacks up against the offers that include gift cards. Here is the updated ranking that I sent out on Friday:

🔥 Best Electricity Prices for Connecticut (January 2024)

1. 🥇 $240 Savings - Think Energy’s Think Simple 12 Plan

   • $0.1160 Cents/kWh (compared to Eversource’s $0.1471)

   • Price valid for 12 Months

   • 6 Months Savings Breakdown: $140 + extra $100 gift card¹

2. 🥈 $226 Savings - Think Energy’s Think Simple 9 Plan

   • $0.097 Cents/kWh (compared to Eversource’s $0.1471)

   • Price valid for 12 Months

   • 6 Months Savings Breakdown: $226

3. 🥉 $199 Savings - Direct Energy’s Live Brighter 9 Plan

   • $0.1139 Cents/kWh (compared to Eversource’s $0.1471)

   • Price valid for 9 Months

   • 6 Months Savings Breakdown: $149 + extra $50 Visa pre-paid cash gift card for being referred²

Always, make sure to triple check the prices of plans and referral program conditions when signing up. The prices were advertised on January 29, 2024. They shift a lot and I simply can’t guarantee that the prices listed here are still in effect when you sign up.

¹ The steps to unlock the $100 gift card are a bit more complex than just waiting for the gift cards of Direct Energy. Read about the conditions here. For instance, it includes you having to stay with Think Energy for 6 months to qualify and then requires you to fill out a form on their website. If this sounds too onerous, go with the second place offer.

² Full disclosure: I am a customer of Direct Energy myself at the moment, so signing up as a new customer via the referral link will unlock a $50 Visa prepaid card after you pay your first three bills in full and on time.