New York State Electric Supply Rates

New york s clean energy standard was revised in 2019 to require 100 carbon free electricity by 2040.

New york state electric supply rates.

New york residents gained access to energy choice in 1997 when the state public service commission decided to deregulate the electricity portion of its energy markets. The new york state public service commission deregulated the state s energy market in 1996 giving the power of choice to millions of energy customers across the state. For reference the national average is 13 08 cents per kwh. New york energy suppliers.

The new york power authority provides low cost power to help support jobs statewide while reducing public sector costs. The authority s customer base includes large and small businesses not for profit organizations community owned electric systems and rural electric cooperatives and government entities. With energy choice customers of utility companies such as con ed and national grid can choose who supplies their. Below are average electricity rates for new york as published by the energy information administration a part of the department of energy of the united states government.

This directory contains contact information on energy services companies escos that have met the commission s and utility requirements to provide energy supply for residential electricity or natural gas and other services in new york. This data includes the electric supply rates that the authority offers to its business. 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. New york state gas and electric prices are anything but stable.

Energy deregulation allows national energy suppliers to offer customers competitive prices and products for their electric or natural gas needs. Energy information association eia how energy choice works in new york. New york electric rates. If you ve had enough of the ups and downs of the volatile market it s time to start looking at new york energy suppliers.

The average for residential electricity price and the commercial electricity price are provided on a monthly basis. Energy suppliers are gas and electric companies that can help you take control of your monthly bills.