Deregulation; Energy Service Companies (ESCOs); Competitive electricity markets: What do they all mean? Well, it may all sound technical and complicated, but it is actually good news for electricity consumers in New York. Instead of being forced to use your local utility company, deregulation allows consumers to choose an ESCO that is willing to provide electricity service at a lower rate, creating a competitive market in which companies must work harder to gain your business. This gives you greater control over how your money is spent every month and helps you get the best value for your money.
Use ElectricRates online comparison tool to get started. We’ll show you a list of all of the electric service companies in New York with their current rates. Ordering new service is easy right online or you may also call 1-800-971-4020 to speak to an energy consultant. With room for competition, more companies see the value in offering electricity service for lower prices, so finding the right one can be overwhelming if you are unsure of how the process works and we are more than happy to assist you in this area.
There are many ways to save even more on your monthly New York electricity bill, and we’d like to share just one of those tips with you now. If you have single pane windows and can’t afford to replace them, try installing storm windows to reduce heat loss through air leakage and reflect heat back into the home during the winter.