{"id":620,"date":"2023-12-23T06:25:00","date_gmt":"2023-12-23T12:25:00","guid":{"rendered":"https:\/\/www.nyenergyratings.com\/blog\/?p=620"},"modified":"2023-12-22T14:26:09","modified_gmt":"2023-12-22T20:26:09","slug":"how-to-shop-and-compare-electricity-plans-in-new-york","status":"publish","type":"post","link":"https:\/\/www.nyenergyratings.com\/blog\/how-to-shop-and-compare-electricity-plans-in-new-york\/","title":{"rendered":"How to Shop and Compare Electricity Plans in New York"},"content":{"rendered":"\n

Shop to Save on Electricity in NY<\/h2>\n\n\n\n
\"Learn
Give yourself the gift of saving on your New York utility bills. Learn these tips on how to shop smarter for electricity next year and save more money!<\/em><\/center><\/figcaption><\/figure><\/div>\n\n\n\n

Do you have a New Year\u2019s resolution to save money? If so, shopping could be your solution. It\u2019s true, shopping usually doesn\u2019t save money. But when it comes to things you have<\/em> to buy, like electricity, shopping for the best electric rate<\/a> is a great way to hold onto more cash. The trick is knowing what to look for. So, let\u2019s talk about how to shop and compare electricity plans in New York.<\/p>\n\n\n\n

Why Electric Plans Have Different Rates<\/h3>\n\n\n\n

First, let\u2019s make sure we understand a little bit about the electricity market in New York. In our state, you can get your electricity directly from the utility company or from an ESCO<\/a>. ESCOs use all the same infrastructure as your utility, but they often offer electricity plans at a cheaper rate than your utility. That\u2019s because they shop for deals on the wholesale market and pass those savings on to you!<\/p>\n\n\n\n

When you see the per kWh rates of different plans, that\u2019s the supply portion of your electric bill. In other words, the cost for how much electricity you use. Meanwhile, delivery charges cover the utility’s costs to maintain the grid, read meters, and keep power flowing to your home. You pay these charges even if you use no electricity.<\/p>\n\n\n\n

How to Compare Electricity Plans to Save<\/h3>\n\n\n\n

Follow this checklist to compare electric plans and start saving money!<\/p>\n\n\n\n