HomeWattCost

Eversource Rate 1 vs Rate 7

For a typical Connecticut home using 699 kWh a month, Rate 7 is cheaper by about $21 a year ($173 against $175 a month). Rate 7 stays cheaper at every level of use from 200 to 2,500 kWh a month with the same daily pattern of use.

Utility EversourceTariffs checked 2026-09-28Typical use 699 kWh/mo, Connecticut

Head to head

ScenarioRate 1Rate 7Cheaper
Typical home, per month$175$173Rate 7
All-in price per kWh25.0¢24.7¢Rate 7
Home + EV, charged at the cheapest hour$240$230Rate 7
Home + EV, plugged in at 6 pm$240$248Rate 1
Fixed charge$9.62$9.62

Typical home: Connecticut average use by month (EIA), shaped hour by hour (NREL ResStock), before taxes. EV: Tesla Model Y Long Range AWD, 1,000 miles a month; cheapest start any hour on Rate 1, 12 am on Rate 7.

Month by month

Typical-home bill each month on each plan.

PlanJanFebMarAprMayJunJulAugSepOctNovDec
Rate 1$214$196$166$136$136$179$226$197$144$134$155$213
Rate 7$210$193$163$133$136$179$226$197$144$132$153$210

Rate 1: price by hour

July weekday.

Same price all day
23.6¢12a3a6a9a12p3p6p9p12a

Rate 7: price by hour

July weekday.

Off-peakPeak
20.8¢30.0¢20.8¢12a3a6a9a12p3p6p9p12a

How the two plans work

Rate 1: Residential Electric Service (Standard Service supply)

  • One price per kWh at every hour, all year: 23.6¢.
  • Shifting use to other hours changes nothing on this plan; using less is the only lever.
  • Fixed charge: $9.62 a month.

Rate 7: Residential Time-of-Day (Standard Service supply)

  • Peak noon–8 pm on July weekdays; 8 of 24 hours carry the top price of 30.0¢.
  • The cheapest July weekday hour costs 20.8¢, so moving 1 kWh out of the top hours saves 9.2¢.
  • January weekdays range from 20.8¢ to 30.0¢.
  • Weekends follow a different schedule from weekdays.
  • Fixed charge: $9.62 a month.

Your own pattern of use decides the winner: compare every Eversource plan on your usage, or see all Eversource plans, sources and peak hours.