Compare electricity rates in New York

Learn about deregulated options in your area with Choose Energy

For business
New York

New York energy rates

The New York electricity market is deregulated, which means businesses and residents have the power to choose their energy service company, or ESCO. This opens up possibilities for better electric plans and prices for the people of New York.

New York is one of the most expensive states in the nation for electricity, with residents paying an average of 17.17 cents per kilowatt hour (kWh) in March 2020. For reference, the national average is 13.08 cents per kWh. Exercising your energy choice could allow you to find a cheaper electric rate with the ESCO you prefer. In the Choose Energy marketplace, ESCOs are often offering rates as low as 4.99 cents per kWh. Enter your ZIP code above to see rates in your area.

Energy deregulation in New York

New Yorkers gained access to energy choice in 1998, when the state government decided to deregulate the electric portion of New York’s energy market. This meant that utility companies, such as Con Ed, National Grid, and others, no longer had a monopoly on the areas they served. Instead, it allowed for competition among energy service companies, also called ESCOs.

This means that businesses and residents in New York have access to lower electric rates, brought down by market competition. The deregulation system is managed by the New York Public Service Commission (PSC), which approves licenses for ESCOs and regulates utility prices. It also runs the New York Power to Choose program, which educates residents about their deregulated options.

Energy plans in New York

Electricity deregulation gives New York consumers many options for their energy supply – which can be overwhelming. If you’re new to the system, take a look at some of our best guides to energy choice, or keep reading for an overview of the most common electric plans you’ll see in the Choose Energy marketplace.

When you look for an electricity plan, the Electricity Facts Label (EFL) will tell you key information about what you are selecting, including the type of rate, how much of your energy comes from green sources, and the like. Below is some common terminology to look out for:

  • Fixed rate. These types of plans set certain rates for the cost of energy and keep them the same for your entire contract. You could have one rate or different tiers depending on how much energy you use and when you use it, but the prices for each of these will not change.
  • Variable rate. Variable plans follow the energy market, which means their prices change often. When you choose a variable plan you are able to pay less when energy demand is low, but you also might get hit with a price spike when demand increases.
  • Prepaid. Prepaid electricity plans are popular because they don’t require credit checks or deposits. You only pay for as much energy as you need and can top up your account as you need more.
  • Renewable energy. Many New York ESCOs offer renewable energy options, but not all green plans are the same. When an ESCO offers green energy, this could mean they only get power from solar and wind farms, they purchase renewable energy credits (RECs), or the offset the energy that you use.

While New Yorkers have the option to buy energy from an ESCO, you can still stay with your area’s utility company if their rate or plan works better for you. If you do not choose an ESCO, your utility will automatically supply you with Standard Offer Service (SOS). The SOS rate is also your area’s rate to compare. When you shop offers from energy companies you can use the rate to compare to decide if you can find cheaper service elsewhere. Enter your ZIP code above to shop ESCOs in your area.

New York energy companies

In the deregulated electricity system, consumers can choose to stay with their area’s utility company or purchase energy from an ESCO. Regardless or what you choose, your utility company will still deliver your energy and maintain power lines. If you experience a power outage or have a power emergency, contact your utility company. Utility companies in New York include:

As for ESCOs, there are many to choose from, including Constellation, Public Power, and Clearview Energy. Since your utility company will still deliver your power, you will get the same reliable service regardless of which ESCO you choose. The only thing that will change is the price you pay – and that’s a good thing!

Find the right energy plan with Choose Energy

As a national online energy marketplace, Choose Energy powers electric and natural gas choice across the country. We work with top energy companies to show you a variety of plans and rates in your area and help you sign up, all in one place. All it takes is a few steps:

  1. Enter your ZIP code. We’ll show you energy rates from ESCOs in your area. We get paid by the companies we work with so you can shop at no charge.
  2. Choose your plan. Filter by rate type, term length and more to find what works for you. Sign up online or over the phone in just a few minutes.
  3. Enjoy your new rate. The ESCO you choose will handle the set up for you with no interruptions. Your work is done!

Central Hudson Gas & Electric electricity rates for the Middle Hudson Valley

Plan Name Plan Length Rate
Constellation Energy - 12 Month Electricity Plan 12 months $0.0459 / kWh
Public Power - 4 Month Fixed 4 months $0.0486 / kWh
Constellation Energy - 12 Month Green Electricity Plan 12 months $0.0549 / kWh
Public Power - 12 Month Fixed 12 months $0.0549 / kWh
Public Power - 24 Month Fixed 24 months $0.0579 / kWh
Verde Energy - Clean Power 24 24 months $0.0679 / kWh

Please note: All rates above are accurate as of 7/8/2020 for utility Central Hudson. Rates may have changed since this date. For the most up to date rates in your area, please enter your zip code above.

Consolidated Edison Co. electric rates for New York City and Westchester County

Plan Name Plan Length Rate
Public Power - 4 Month Fixed 4 months $0.0919 / kWh
Public Power - 12 Month Fixed 12 months $0.0929 / kWh
Public Power - 24 Month Fixed 24 months $0.0929 / kWh
Constellation - 36 Month Electricity Plan - NYC 36 months $0.1029 / kWh
Constellation - 12 Month Green Electricity Plan - NYC 12 months $0.1059 / kWh
Constellation - 12 Month Electricity Plan - NYC 12 months $0.1079 / kWh
Verde Energy - Clean Power 24 24 months $0.1169 / kWh
Verde Energy - Clean Power 12 12 months $0.1179 / kWh

Please note: All rates above are accurate as of 7/8/2020 for utility Consolidated Edison. Rates may have changed since this date. For the most up to date rates in your area, please enter your zip code above.

Niagara Mohawk electricity rates for upstate New York

Plan Name Plan Length Rate
Public Power - 4 Month Fixed 4 months $0.0493 / kWh
Constellation - 12 Month Electricity Plan 12 months $0.0499 / kWh
Constellation - 36 Month Electricity Plan 36 months $0.0539 / kWh
Public Power - 12 Month Fixed 12 months $0.0559 / kWh
Constellation - 12 Month Green Electricity Plan 12 months $0.0579 / kWh
Public Power - 24 Month Fixed 24 months $0.0579 / kWh
Verde Energy - Clean Power 24 24 months $0.0679 / kWh
Verde Energy - Clean Power 12 12 months $0.0699 / kWh

Please note: All rates above are accurate as of 7/8/2020 for utility Niagara Mohawk. Rates may have changed since this date. For the most up to date rates in your area, please enter your zip code above.

New York State Electric and Gas electricity rates for upstate New York

Plan Name Plan Length Rate
Public Power - 12 Month Fixed 12 months $0.0519 / kWh
Public Power - 4 Month Fixed 4 months $0.0519 / kWh
Public Power - 24 Month Fixed 24 months $0.0529 / kWh
Verde Energy - Clean Power 24 24 months $0.0629 / kWh

Please note: All rates above are accurate as of 7/8/2020 for utility NYSEG. Rates may have changed since this date. For the most up to date rates in your area, please enter your zip code above.

Orange & Rockland electricity rates for the northwestern suburbs of New York City

Plan Name Plan Length Rate
Public Power - 4 Month Fixed 4 months $0.0539 / kWh
Constellation - 12 Month Electricity Plan 12 months $0.0579 / kWh
Public Power - 12 Month Fixed 12 months $0.0599 / kWh
Constellation - 24 Month Electricity Plan 24 months $0.0629 / kWh
Constellation - 12 Month Green Electricity Plan 12 months $0.0649 / kWh
Public Power - 24 Month Fixed 24 months $0.0669 / kWh

Please note: All rates above are accurate as of 7/8/2020 for utility Orange & Rockland. Rates may have changed since this date. For the most up to date rates in your area, please enter your zip code above.

Rochester Gas & Electric electric rates for Rochester and surrounding areas

Plan Name Plan Length Rate
Constellation - 12 Month Electricity Plan 12 months $0.0399 / kWh
Constellation - 36 Month Electricity Plan 36 months $0.0429 / kWh
Constellation - 12 Month Green Electricity Plan 12 months $0.0449 / kWh
Public Power - 12 Month Fixed 12 months $0.0519 / kWh
Public Power - 4 Month Fixed 4 months $0.0529 / kWh
Public Power - 24 Month Fixed 24 months $0.0539 / kWh

Please note: All rates above are accurate as of 7/8/2020 for utility RG&E. Rates may have changed since this date. For the most up to date rates in your area, please enter your zip code above.

Updated: 6/22/2020

Latest Articles

  • It's important to prepare before moving to Texas.

    Moving to Texas this summer? Here’s what you should know.

    Moving is never easy – especially during a global pandemic. But for thousands of Americans, moving is an essential task, whether it’s because of a

  • 4 Energy-Saving Tips to Lower Your Bills

    20% of the energy in our homes goes wasted, each year. That’s $400 of hard-earned money, down the drain, (or out the window), wasted each

  • Springtime brings allergies and an increase in energy bills.

    Are your spring allergies affecting your energy bill?

    After the cold winter months, spring has finally arrived. Spring brings us warmer weather and blooming flowers, but many also find it ushers in allergy