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Compare New York Electric Rates.

 

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Energy Deregulation in New York

The New York electricity market was one of the first states to deregulate electricity and natural gas. Deregulation has been around since 1996 in NY, and the absence of a utility monopoly has led to supplier competition.

What does energy deregulation mean for you as a consumer? Because suppliers compete for your business, you get to choose the company that supplies your energy. This allows for innovation and new technologies to promote new services. Consumers benefit from deregulation because electricity prices are driven by competition in the marketplace. As your current supplier may not offer the lowest rate on the market for your renewal. There might be significant savings.

Choosing a supplier involves simply signing a contract for the type of rate you want and the requested start date. When it comes to committing to a new supplier, it’s helpful to understand New York electricity rates and have the best tools to compare suppliers. EnergyPricing.com is here to help. We make it easy to review the current market conditions and get started with the process. Our Energy Advisors are available to directly assist with any questions regarding your current agreement, deregulation and other items specific to energy supply in New York. You will have a direct point of contact throughout the Reverse Auction process to call or email. No call queues or ‘info’ email address to reach out to and receive an automated response.

New York Utilities

Suppliers provide the energy you consume and charges you a rate. The utility company is responsible for distribution. In New York, you can choose your supplier, but not your utility. You rely on your utility based on where your home or business is located in the state.

Utility companies handle all distribution and maintenance concerns. They act as your first point of contact if there’s an outage or power line problem near your building. Here is a list of electric utilities in New York and their contact numbers:


New York State Electric and Gas (NYSEG): 800-572-1111

Central Hudson Gas & Electric: 845-452-2700

ConEdison (ConEd): 800-752-6633

National Grid: 800-930-5003

Orange and Rockland: 877-434-4100

Rochester Gas and Electric (RG&E): 800-743-2110

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New York Residential & Small Commercial Rates

You can get an instant quote. We’ll just need your zip code and preferred start date, and you can sign a contract right from our website.

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Schedule A Reverse Energy Auction

Our reverse auction process is not just a comparison of current market rates — suppliers submit their bids in one location at the same time.

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New York Electric Rate Plans

Your electric supply in New York will have a fixed rate or a variable rate, and you should decide which type works best for you.

Fixed-Rate Plan

Fixed rates stay the same for the entirety of your contract, and they’re based on the current market when you sign. If the market is low when you commit, fixed rates can be a smart move. They also give you budget certainty.

Variable-Rate Plan

Variable rates fluctuate with the energy market. This type of rate can lead to higher prices some months but low prices during other months. This plan has a higher risk than a fixed rate, but it may lead to significant savings.

Want To Learn More?

Before You Sign Up with With An Energy Supplier in New York

Pump the breaks and let’s review the basics. Comparing New York electricity rates is not as simple as finding the lowest number and committing right away. You need to consider several factors about the type of rates, your usage and desired risk level before making any big commitments.

Contract End Dates

Before you sign any new contracts, you’ll also need to figure out when your current energy contract ends. If you commit to a new supplier before your existing agreement finishes, you’ll have to deal with early termination fees.

 

Contract Lengths

Plans typically come in 12-month, 24-month and 36-month contract lengths. There are other term options that can be beneficial to look at as well. For example, certain end months of the year may see a lower rate verses a traditional term. If you choose a fixed rate contract, be sure to consider how long you’re willing to commit to that price.

 

It Is In The Details

Comparing New York electricity rates is not as simple as finding the lowest number and committing right away. You need to consider several factors about the type of rates, your usage and desired risk level before making any big commitments.

NY Electricity 101

At the beginning of every deregulated shopping experience, there are three terms to familiarize yourself with before you sign up.

Supplier

They provide you with the electricity you agree to purchase from them at a contracted rate and term. You can shop for a different supplier each time your contract comes up for renewal.

 

Utility 

Utilities distribute the energy to your home or business via power lines and are responsible for maintaining those lines and ensuring the energy gets to you.

Consolidated and Dual Billing

When you receive a bill from the utility that includes your supplier charges, that is consolidated billing. If you receive a bill from the utility and one from the supplier, that is considered dual billing.

 

Simplified Ways to Switch.

No matter how you choose to switch, we’ve got options.

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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