Babylon Electric Rates.

West Babylon exists in New York‘s deregulated energy market. Deregulation creates competition among suppliers, and it allows consumers like you to choose the company that supplies your energy. The supplier you select determines the rate you pay for your energy. With many different rates on the market, you might not be paying the lowest one for your home or business.

Your utility distributes the electricity you consume. Utilities handle power line maintenance and respond to outages in their designated service areas. They’re not a company you choose, unlike your supplier. Instead, your utility is determined based on your location. In West Babylon, your utility is PSEG Long Island, and you can contact them for any power outages or downed power line emergencies.

When you’re ready to select a new supplier, make sure you know when your current contract ends. You want to avoid early termination fees if you start a new contract when your current agreement is completed.

You’ll also want to decide what type of rate you want. Fixed rates offer consistent prices over a one to five year contract period. There are options available for longer terms as well. Variable rates change from month to month according to the energy market. Your best rate type will depend on your type of business, preferred risk and the market’s state when you commit to a supplier.