Electric choice here is quite competitive too. They are all high. The best choice was to stay with the old electric company as long as you could.
The Hartford Courant had an extensive article about deregulation and the cost of electricity. They showed how it is traded, bought and sold by people that have no business doing so except to skim a few pennies from us. Brokerage houses like Goldman Sachs buy it and resells it to another money fund and it goes through a few hands before finally getting sold to the consumer at inflated prices.
The old bill used to be one line. This is how much you used, pay it. The new bill has eight calculations for delivery, distribution CTA, FMAA Transmission, etc.
I've yet to see an advantage to deregulation, certainly not lower cost. I'm generally opposed to regulation, but this was not in our best interest from what I've experienced.