Compare New York electric rates

New York

New York Residential Electric Rates

New York electricity rates as low as 4.69 cents/kilowatt hour in the Choose Energy marketplace.
Enter your ZIP code above to see rates in your area and exercise your power to choose.

There are a few key reasons New Yorkers should consider where they’re buying their electricity supply. National Grid residential electricity delivery went up by $3 a month in 2019 and will raise by $3 again in 2020. NYSEG rates for electricity and natural gas are set to rise by $6 a month. And Con Ed just announced rate increases for the next three years!

However, customers of both utilities can do something about their energy supply costs. Nearly 2 million New Yorkers have switched to an energy service company, or ESCO, to find lower rates for their electricity and natural gas service. See if you can find savings and/or green energy; just enter your ZIP code above to see plans in your area.

Are you new to New York?

If you’re just moving to New York, you might not know about energy deregulation. Energy deregulation gives New Yorkers the ability to choose among energy service companies, called ESCOs. Competition creates the potential for lower prices and other benefits that might not be available from traditional utilities. Enter your ZIP code above to see plans from ESCOs serving your area.

What does energy choice mean for me?

It means you have the opportunity to save on the rates you pay for electricity and natural gas. In many other states, energy customers must pay the rates set by their utility (usually in conjunction with the state’s public utilities commission). If you live in a deregulated area of New York, you can buy from your utility – or not, if you find a better deal.

Ready to try your hand at it? Enter your ZIP code above to see plans in your area.

Is switching to an ESCO difficult?

No. It could hardly be easier. Simply find a provider with a plan you like, sign up, and your new ESCO will take care of the rest. The switch should be seamless. There’s no need for additional meters or wires. You don’t even have to be home when the switch is made.

In New York state, both homes and businesses can choose to purchase energy plans from electricity and natural gas suppliers. The largest service areas are:

Albany | Binghamton | Buffalo | New York City | Rochester | Syracuse | Yonkers

To find plans for your commercial company or small business in New York, click here. Since commercial plans have special standards and requirements that must be met, we will give you a call to go over any plan details and set up your service.

Who provides the electricity?

Within a deregulated energy market, you may have some confusion about who is providing the electricity and natural gas to your home or business.

Whether you choose a different supplier or not, your local utility company oversees delivery of the energy to your home or business. If you choose a new supplier, the supplier will contact the utility directly with details for your service. And don’t worry, your new plan should take effect without any interruptions to your power delivery.

If you have any problems, emergencies, power outages, etc., contact your utility company – not your supplier!

Want to see the plans and rates available in your area? Enter your ZIP code above.

What types of plans are products are offered in New York?

  • Fixed rate plans: Many New York energy suppliers offer fixed rate plans for term lengths ranging from 6 months to 2 years. Fixed rate plans ensure that the consumer is paying the same rate every month for the entire term length of the plan’s contract, no matter how the default rate fluctuates.
  • Variable-rate plans: Variable-rate plans give the consumer more flexibility in that there is no long-term contract or cancellation fee. However, the consumer’s monthly rate is subject to change from month to month.
  • Prepaid plans: The consumer pays in advance for a certain amount of electricity and natural gas, and stays alerted throughout the month regarding usage and account balance. Some New York suppliers do not require a credit check or deposit for these prepaid plans, which makes them more accessible to customers.
  • Green/Renewable energy plans: Most New York energy suppliers offer plans that use up to 100% of green or renewable energy. Many of these energy plans have fixed rates, so the consumer’s supplier bill will be consistent monthly regardless of changes in the default rate.
  • Home services: Several New York’s energy supply companies do more than just supply electricity or natural gas. Constellation and other energy suppliers offer additional products and services such as smart thermostats, HVAC installation, roof repairs and more.
  • Renewable Energy Credits (RECs): Choose Energy customers have the option of purchasing RECs through some of New York’s energy suppliers. The purchase of RECs can further offset a customer’s home (or business) carbon footprint and encourage the use of local renewable energy sources.

Are there renewable energy options in New York?

Yes! Many plans offered by ChooseEnergy.com’s suppliers source a percentage of their energy from renewable sources like wind power and solar power. There are also plan options that source 100% of their energy from renewable sources. Through Choose Energy, you can minimize your carbon footprint and help the environment without breaking your budget.

See the green energy and other options available in your area by entering your ZIP code above.

I’ve picked a plan! Now what?

After you’ve chosen a new plan through Choose Energy’s marketplace, the plan will cycle into effect with no interruptions to your power. Billing cycles usually last between 15 to 45 days, so you can expect your new plan to begin at the end of your current billing cycle.

After your new plan starts, you’re good to go! Choose Energy will also send you a reminder once your plan is nearing its end so you can pick a new one or continue at the default rate.

(Last updated 4/25/2019)

  • "I had no idea I could compare energy prices and get a better rate. I was being overcharged by 50% and didn't know there were alternatives!"
  • "I just saved 25% by switching to ConEdison!!! The best part is that my savings are fixed for the next 12 months...wow! this really is too good to be true. Thank you ConEdison!"

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