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Home Energy Rates

Find the Best Gas and Electric Prices in New York

New York residents benefit from a competitive energy market place in which a pool of retail energy providers must work to gain and retain customers. Energy suppliers use all kinds of strategies to attract new customers. Sorting through these complicated plans, varying rates, contract lengths, introductory rates, bill credits, minimum usage levels, cancellation fees, energy sources and more, can be overwhelming. Find security knowing our energy experts are on your team.

The tricky part is, how do you pick the right energy service company (ESCO) and the best plan for your individual energy needs? Have confidence in your energy choices by relying on our team of professionals and their years of experience. With Price To Compare, we empower you to identify and secure the best ESCO rates in NYC. Our energy specialists compile an apples-to-apples comparison chart based on your home’s current energy costs and available energy suppliers in your area.

Own a business, too? You can get a free quote as you shop for energy rates and keep the bottom line on your electricity or natural gas bill at rock bottom. Price To Compare makes it easy for businesses to compare electricity & natural gas rates in New York. We will help you make the most of your commercial and small business energy options.

New York Electricity Rates

With the ninth highest residential electric rates in the nation, the Empire State is notorious for costly energy charges. This means taking advantage of the deregulated energy market to lower your cost of electricity in NYC is even more essential. On top of that, market fluctuations through changes in consumer demand, wholesale energy prices and even seasonal weather patterns can create unpredictable high bills. The good news is, together we can stabilize your energy costs and ensure you are getting your best rate.

With our easy-to-use energy marketplace, you can shop New York electricity companies and plans quickly, so you can switch electricity providers in less than 5 minutes! Find a better rate today.

Average price of residential electricity in New York:

19.74¢/per kWh

Pro Tip: Check your current costs first. Look at your “electric supply charges,” shown in cents per kWh. This is the portion charged by your energy supplier. In other words, it's the cost you have control over. Have your current electric or natural gas bill handy to compare suppliers and rates.

(Updated February 2021 with most recent data available)

U.S. Energy Information Administration

Alternative Energy Answers in New York

One of the most exciting things about energy in New York is the state’s strong commitment to energy independence. In 2019, New York increased its Clean Energy Standard with the aggressive goal of providing 100% carbon-free electricity by 2040. Currently, the Empire State generates an incredible 60% of its total energy production from renewable energy sources and nuclear power.

Ideally located for production of renewable energy, primarily from hydropower, but also from wind farms and biomass facilities, New York stands tall as fifth in the U.S. for clean energy generation. New York has harnessed hydropower upstream from the majestic Niagara Falls and is the third-largest hydroelectricity producer in the nation.

It’s easy to save on “green” while you go green! Local, clean energy production is made cheaper every day through increasing consumer demand, innovative technology, and greater production of renewable energy. We’re here to help you find the best green energy prices on the market.

Renewable energy options for your home.

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Find Lower Commercial Energy Rates with NY Energy Suppliers

Could your business benefit from lower commercial electricity or natural gas rates in NY? Price To Compare is here to help. With 40,000 businesses serviced nationwide, we leverage our extensive networks to negotiate energy costs. This advantage can cut your energy bill by as much as half the average commercial energy rate. You can plan with certainty that you have the best available fixed-rate plan on the market.

Researching energy companies, rates, and plans can be time-consuming and frustrating. Let our dedicated energy professionals handle the heavy lifting of anticipating shifts in the energy market for you. Our knowledgeable team members can compare gas and electric suppliers while you focus on your business.

Whether you run a trendy coffee shop in Ithaca or a successful financial firm on Wall Street, Price To Compare can support your business’ energy goals. Save on the bottom line of your commercial energy bill and get closer to your other business objectives. Cut high electric and ESCO gas supply charges, and find savings with us today!

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Home Energy Rates

New York Electricity Suppliers

There are a wide variety of utility companies that service New York. Residents may purchase electricity from local utility companies at their default power rate or shop around for lower rates from retail energy suppliers (REPs). Also called energy providers, REPs are responsible for either generating or purchasing electricity before selling it to you. While utility companies also manage and distribute energy produced by suppliers. Review our Pro-Tips for choosing the right energy supplier.

Pro Tip: Always call your utility company rather than your energy provider in a power emergency.

New York Utility Companies

  • National Grid serves over 20 million residents and small businesses across the northeastern United States.
  • EconEdison provides electricity to New York City and Westchester County, New York with over 3 million customers in only 660 square miles.
  • New York State Electric and Gas (NYSEG) supplies energy to almost 1 million homes in upstate New York.
  • Orange & Rockland provides energy locally in New York, primarily within Orange, Rockland and Sullivan counties.
  • RG&E focuses on 700,000 customers and residents of Rochester, NY.

Pro Tip: You will find two main charges on your energy bill and understanding the difference can help save you money. First, the utility charge is a fixed-rate expense and is dictated by your zip code and local utility company. It’s based on the cost of delivering energy from the generator to your home, maintaining electric lines and expenses for upkeep of the electric grid. Second, the “supply charges” include the cost of making and storing the energy. That’s what we can help you lower.

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About Energy Deregulation in New York

New York acquired a competitive energy market when the New York Public Service Commission (PSC) divided supply charges from transmission charges in 1996. With energy deregulation, New York electricity suppliers must now compete for consumers, driving down the average cost of electricity while promoting more customer-centric service plans. Learn more about how deregulation supports a strong energy market place.

Join the 20 million New York residents and business owners who are currently saving on their energy bills after switching to a more competitive energy plan. Sound good? Compare electricity & natural gas rates in New York  with Price To Compare and start saving today.

Change energy suppliers in five simple steps.

Shop Electricity Plans in New York

Over 8 million residents live and work in NYC and deserve cheap, reliable electricity. You may be wondering: How much does electricity cost in NYC? Today, the average NYC kWh cost on residential electricity is 19.74 cents/kWh. Energy costs change regularly, so let’s walk through the types of energy plans offered and find the one that’s right for you.

  • Fixed-Rate Electricity Plans: Fixed electric rates are locked in through a contract, keeping your individual rate consistent regardless of the current local electric rate. While the wholesale cost of electricity varies, these plans help keep your budget predictable and affordable, giving you the energy security you need.
  • Variable-Rate Electricity Plans: These rates are determined by the current state of the energy market. You get a cheaper rate when energy is abundant but pay higher rates in times of high demand or low production. These plans offer the flexibility of no contract but are high in risk.
  • Pre-Paid Plans: Using a smart meter, the customer puts money into an account. Then the provider adjusts the account as energy is used. When the balance runs low, the consumer adds additional funds to an online account and no contract is required.

Pro Tip: Most often, residents prefer fixed-rate plans. We can help you avoid nasty cancellation fees, rate hikes, minimum usage fees, and peak energy use times—basically being overcharged for turning the lights on. Every day, our energy experts consider all of these factors and more.

  • Green Energy Plans: Don’t let another sunny day go by before you start saving! Consider that you’ve got exciting, affordable energy choices. Wind, solar, biomass, biogas, geothermal, or hydroelectric—our powerful network connects you to the energy source of your choice. Power your home while supporting eco-friendly electricity initiatives and local jobs in just a few clicks. Price To Compare can guide you to competitive renewable energy plans!

Pro Tip: Check your current energy bill to see what percentage of your power is currently renewable. Partial or 100% renewable plans can change the way you live in New York.

Which Rate is Right for You?

Take comfort knowing our dedicated energy experts have your back. We’ve been in this industry for over a decade and have one of the largest national networks of commercial energy suppliers. With over 50 years of combined executive experience, our team of energy professionals constantly monitor the current landscape for changes that affect your energy costs. We believe keeping your home or business bright, comfortable, and functioning smoothly should be as easy as flipping a switch!

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Not Sure Where To Begin?

Let Price To Compare eliminate the complications and dig through the details for you. If you're not sure where to start, contact one of our experienced Energy Consultants today!

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More energy questions as you compare electricity & natural gas rates in New York?

  • Read how to change energy suppliers in 5 simple steps. Find out how simple the switch can be. Don’t worry, you’ll never be without electricity.
  • Check out our FAQ for answers to all your energy questions.
  • Moving? Wherever you're headed, don’t worry about switching energy providers as you move. We’re here to lend a hand. Find our service areas.
  • Read our blog to explore industry topics and home energy savings ideas.
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