Albany Electric Rates.

Albany Energy Companies
Get to Know Your Electric Supply in Albany, New York
Like many states in the U.S., New York has a deregulated electricity market. This market type allows competition of suppliers and ultimately drives electric prices down. It also allows consumers like you to choose who supplies your energy. Your supplier determines the rate you pay. With the energy market constantly changing like the stock market, there’s likely a lower rate out there than the one you’re currently paying.
Once you select a supplier, they then provide energy to your utility, which will distribute it to your home or business. Utilities serve specified regions, and they’re responsible for maintaining power lines and responding to outages. In Albany, your utility is National Grid.
Key Items to Review First
Before you agree to a new supplier, you should decide what type of rate you’re looking for — fixed, block & index or variable. A fixed rate will not change throughout your contract, and you can typically choose a 12-month, 24-month or 36-month agreement. Longer term contracts are available. It’s important to understand what parts of your fixed rate are locked in. To better understand, reach out to one of our Energy Advisors at 800-225-3813. Variable rates change from month to month and depend on fluctuations in the energy market. Block & index is a hybrid of both options and is typically more geared towards larger consumers of electricity.
Determining the right type depends on the market’s current state when you sign and your preferred risk level. Fixed rates are beneficial when the market is low. When you choose a start date for your new service, make sure it’s after your current contract ends to avoid early termination fees.
Find a New Albany Electric Rate With EnergyPricing.com
Schedule Your Reverse Auction Today
Our team schedules your auction with a group of available suppliers from our network. On the day of the auction, you’ll watch in real time as suppliers submit their best bids in the hopes of winning your business. When bidding closes, you’ll have an extensive list of rates to choose from and an Energy Advisor to review them with. To set the auction up, we’ll need:- A start date for your new agreement;
- Your preferred rate type;
- Relevant electric accounts or a recent energy bill; and
- Your contact info.
Feel Confident With Your New Agreement
View Available Rates in Albany, New York
Simplified Ways to Switch.

Switch Online
Easily enroll your electric or gas online with our portal.

Chat with Our Experts
Our energy advisors are ready to discuss your options, 800-225-3813.

Schedule Your Auction
Watch LIVE as suppliers bid on your energy with our reverse auctions.
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