The Power of Switching: Gulf Electricity Reduces Rates for Connecticut Residents and Businesses

FRAMINGHAM, Mass.--(BUSINESS WIRE)--Gulf Oil LP, the nation’s fastest-growing branded marketer of petroleum products, today announced that its Gulf Electricity service, which provides power to residential and commercial electricity customers in Connecticut, has reduced its rates. Gulf, which entered the electric power market in Connecticut last year, enables customers who switch from other suppliers to save about six percent compared to their local utility on their electric bills.

“We are very pleased to provide additional savings for our current and future Gulf Electricity customers in Connecticut”

Gulf Electricity’s lower rates give typical residential electricity customers the chance to save $35 to $45 or more, and for some consumers who have already switched to high-cost third party suppliers, the savings could be significantly higher. Gulf’s new rate is 7.2 cents per kilowatt hour for residential and small commercial customers in Connecticut Light and Power and United Illuminating service areas.

Gulf also announced its new Gulf Electricity Power Points program that gives its customers a free $5 Gulf Gas Card for every 5,000 kilowatt hours they use, helping to reduce their transportation energy costs and boosting their overall energy savings.

Switching to Gulf Electricity is easy. Consumers can visit www.gulfelectricity.com or call toll-free to 855-GULF-ELE (855-485-3353) and complete the switch in less than five minutes. Consumers just need a recent electric bill handy. The website includes a Savings Calculator that will help consumers determine the annual savings they can expect by switching to Gulf Electricity.

“We are very pleased to provide additional savings for our current and future Gulf Electricity customers in Connecticut,” said Gulf Oil’s Senior Vice President and Chief Marketing Officer Rick Dery. “Gulf’s brand name has created trust for over 110 years. We are using our expertise in sourcing and distributing energy efficiently to bring savings to consumers who want the best value from a company they can rely on. You trust us on the road, now you can trust us in your home.”

About Gulf Oil, LP

Gulf Oil Limited Partnership is a national, branded supplier of motor fuels throughout the United States and its territories. The company launched Gulf Electricity in January 2012, which currently provides discounted electricity service to consumers and small businesses in Connecticut, Maine and Massachusetts. Gulf remains one of the Northeast's largest wholesalers of refined petroleum products and is well on its way up the rankings in the rest of the country, too. Gulf Oil distributes motor fuels through a network of more than 2,500 branded gasoline retail centers, 12 proprietary oil terminals, and more than 130 other supply points. Gulf Oil supplies gasoline, heating oil, diesel fuel, jet fuel and kerosene through its terminal network.