It's not an "open market". In an open market, suppliers can enter at will, which results in lower prices as capacity expands. However, one cannot become a supplier of electricity at will in CT because the state has control over one's ability to build a power generation facility. If it were a truly open market, power costs would be materially lower.

Note that in the "fake" competitive market implemented in CT about two decades ago, the number of suppliers has DECREASED over the years! So much for a "competitive" market. "Competition" managed by state control, is NOT a free market. That is why states such as China and Russia are not truly capitalistic--many capital allocation decisions are regulated, if not controlled, by the state. The same is true of the electrical power mkt in CT.

Our power costs are high because of an ongoing series of boneheaded decisions by politicians over the years that continue to this day. It's nice to pin the blame on Eversource, but Eversource has been enabled by CT politicians.