The company said Gulf Electricity will offer residents and commercial customers an opportunity to save as much as 10% on the energy portion of their power bills by switching from their traditional utility suppliers.
In Connecticut, Gulf Electricity will be offered in areas serviced by Connecticut Light & Power and United Illuminating.
Gulf Oil president Ron Sabia said in the future, the company plans to offer an expanded slate of products ranging from those that would allow a customer to fix the price of power or cap upside exposure to costs to being able to choose a specific power source such as solar or wind.
