Energy

Compare ESCOs in New York 2026: Lowest-Price Suppliers, Long Island Rules and How to Switch

Compare ESCOs in New York — NYC rates and how to switch

Updated on October 28, 2026

10 min read

To compare ESCOs in New York, use the state’s official Power to Choose tool to see licensed supplier offers for your ZIP and utility, then weigh each offer against your utility’s default supply rate — because in New York an ESCO only changes who supplies your energy, not who delivers it. Your utility (Con Edison in NYC) still delivers the power, reads the meter, and handles outages no matter which supplier you pick.

Key takeaways

    This guide shows you how to compare ESCOs in New York, whether they really save money, and how to switch in minutes.

    Quick answer: To compare ESCOs in New York, check each supplier’s fixed supply rate, term, and fees against your utility’s default rate, then enroll online in minutes. The best way to compare ESCOs in New York is side by side for your exact address.

    What is an ESCO in New York?

    Definition — ESCO: An Energy Service Company is a non-utility business licensed to sell electricity and/or natural gas supply directly to customers in New York’s deregulated market. New York opened retail energy choice in the late 1990s, so you can buy your energy supply from an ESCO while your regulated utility continues to deliver it.

    The distinction is the whole point. If you switch to an ESCO, only the supply portion of your bill changes. Con Edison (or National Grid, NYSEG, and so on) still owns the wires, delivers the power, reads your meter, and responds to outages — so there is no risk of losing service when you switch. (NY Dept. of Public Service)

    Enter your ZIP code to see the electricity plans and suppliers available where you live, and compare rates side by side.

    How to compare ESCOs in New York

    The right way to compare ESCOs in New York — including NYC ZIPs like 11201 in Brooklyn — is the state’s official comparison tool:

    1. Open the DPS Power to Choose tool at documents.dps.ny.gov/PTC — it lists licensed ESCO offers for residential customers.
    2. Enter your utility and service area so you only see offers available to you.
    3. Compare the rate, term, and offer type — fixed vs. variable, month-to-month vs. contract, and any early-termination fee.
    4. Check the DPS ESCO complaint statistics before you sign.

    Definition — the three supply options. When you compare, you’re really choosing among three things:

    Your supply option What it is Watch for
    Utility default supply Con Ed / your utility buys power at market cost and passes it through with no markup Rate changes monthly with the market
    ESCO fixed-rate plan A supplier locks your supply rate for a set term Must not exceed the trailing 12-month utility average + 5%
    ESCO renewable plan Supply matched to New York–sourced renewable energy Confirm it’s NY-sourced and read the price

    New York utility territories at a glance

    Which utility delivers your energy determines which ESCO offers you’ll see. New York’s six major utilities are:

    Utility Service area
    Con Edison New York City and Westchester County
    National Grid Upstate and Western New York
    NYSEG Central and Eastern upstate New York
    RG&E Rochester region
    Central Hudson Mid-Hudson Valley
    Orange & Rockland Lower Hudson suburbs northwest of NYC

    In NYC, all five boroughs — Manhattan, Brooklyn (including ZIP 11201), Queens, the Bronx, and Staten Island — are Con Edison territory.

    Do ESCOs actually save money in New York?

    This is where honesty matters more than a sales pitch: many New York residential ESCO customers have paid more than they would have on the utility default rate. State regulators have repeatedly stepped in over it.

    Stat block: In April 2026, Governor Hochul and the Public Service Commission announced a settlement directing $71 million in billing adjustments and guaranteed savings to about 278,000 current and former residential and small-business ESCO customers, after nine NRG-affiliated ESCOs were found to have violated state rules. As part of the deal, those suppliers must offer a product guaranteeing 15% savings versus the utility price for a one-year term. (NY Governor’s Office)

    Before you switch, compare ESCOs in New York on a total-cost basis, not just the headline rate. That’s why New York reformed the rules. Under the PSC’s 2019 “Reset Order,” a residential ESCO offer must either guarantee savings against the utility rate, cap a fixed price at the trailing 12-month utility average plus 5%, or be a renewable product sourced in or near New York. The takeaway for shoppers: an ESCO can save you money, but only if you compare the specific offer against your utility’s rate — never assume the switch saves automatically.

    Stat block: New York’s average residential electricity price was about 24.4 cents per kWh in 2024, among the highest in the nation, per the U.S. Energy Information Administration — and Con Edison’s NYC rates run above that state average, which is exactly why comparing supply offers is worth the ten minutes. (EIA)

    Compare ESCOs in New York — how to switch in three steps

    What to look for when you compare ESCOs in New York

    When you compare ESCOs in New York, the lowest teaser rate is rarely the whole story. Use this checklist whenever you compare ESCOs in New York, because suppliers compete on more than price:

    • Rate type. A fixed rate locks your supply price for the full term; a variable rate can start low and then climb. For budget certainty, most New York shoppers choose fixed.
    • Contract term and fees. Check the term length and any early-termination fee before you sign — a low rate matters little if you are locked in when the market drops.
    • The all-in supply price. Compare the total supply rate in cents per kWh, not a promotional first-month figure. That number decides whether ESCOs actually save money in New York.
    • Renewal terms. Some plans roll to a higher month-to-month rate at term end. Know what happens on renewal so you can shop again on time.
    • Green supply. Many ESCOs in New York offer renewable plans; if that matters, confirm it is included, not a paid add-on.

    The fastest way to compare ESCOs in New York on an apples-to-apples basis is to line up each supplier rate, term, and fees against your utility current default rate. That one comparison tells you whether switching is worth it at your address.

    How to switch to an ESCO in New York

    Switching is straightforward and never interrupts your power:

    1. Compare offers on the Power to Choose tool and pick one that beats your utility’s default rate or matches your renewable goals.
    2. Have your utility account details ready (your Con Ed or other utility account number).
    3. Sign the ESCO agreement. If you enroll by phone or in person, you’ll complete a Third-Party Verification.
    4. Watch for the confirmation. Your utility mails a verification letter confirming you chose an ESCO.
    5. Check your next bill — the ESCO should appear on the supply line; delivery stays with your utility.

    Your utility continues to deliver your energy and respond to all emergencies even after you switch, so there is no service interruption at any point. (NY DPS)

    Paying too much for electricity?

    Compare supply offers in your New York utility territory against your default rate.

    Shopping for more than electricity?
    Compare the other essentials for your address.

    New York ESCOs: the questions people ask, answered

    What New Yorkers type when they are shopping for an energy supplier, in their own words, answered as of October 28, 2026.

    Which ESCO has the lowest price in Suffolk County or on Long Island?

    Suffolk and Nassau counties are served by PSEG Long Island on behalf of LIPA, which is not part of New York’s retail energy choice program for electricity, so there are no ESCOs to choose from for electric supply on most of Long Island; you pay LIPA’s rate. Natural gas on Long Island is delivered by National Grid, and gas ESCOs do operate there, so gas supply can be shopped. The Rockaways and other parts of Queens are on Con Edison and can choose an electric ESCO.

    How do I find the lowest-priced ESCO in New York?

    Compare each fixed-rate ESCO offer against your utility’s current supply price (Con Edison, National Grid, NYSEG, RG&E, Central Hudson or O&R), not against another ESCO. Under New York’s 2021 reset rules, most residential ESCO products must either guarantee savings against the utility’s rate, be a fixed rate no more than 5 percent above the utility’s trailing 12-month average, or include 50 percent or more renewable energy. Enter your ZIP above to see the ESCO plans offered at your address side by side.

    What is an ESCO plan in New York?

    An ESCO (Energy Service Company) is a supplier licensed by the New York Public Service Commission to sell the supply portion of your electricity or gas. Your utility still delivers the energy, reads the meter, handles outages and usually sends a single consolidated bill with the ESCO’s charge on it. Plans are fixed-rate, variable-rate or renewable; fixed-rate plans of 12 months or more are the easiest to compare.

    What do ESCOs in NYC call their app or account portal?

    Each ESCO runs its own customer portal under its own brand (for example the supplier’s name plus My Account), but because Con Edison bills most NYC ESCO customers on a consolidated bill, many people manage the account through Con Edison’s My Account and only use the ESCO’s portal for renewals. Your ESCO’s name and phone number are printed in the supply section of your Con Edison bill.

    Is switching to an ESCO worth it in New York?

    Only when a fixed-rate offer is below what the utility has charged over the past year and carries no monthly fee or large cancellation fee. The PSC’s past enforcement, including a $71 million settlement in April 2026 covering billing adjustments, is why the 2021 rules now limit what ESCOs can charge residential customers. If no offer beats the utility at your address, staying on utility supply is the safe default.

    Also searched as: lowest price esco in suffolk county ny, new york esco plan, esco in new york, what do escos in nyc call their app and compare escos in new york. They all mean the suppliers on this page.

    Frequently asked questions

    How do I compare ESCOs in New York?

    Use the official DPS Power to Choose tool at documents.dps.ny.gov/PTC to see licensed ESCO offers for your utility and service area, then compare each offer’s rate, term, and fees against your utility’s default supply rate. Only switch if the offer clearly beats the default or meets a renewable goal.

    Do ESCOs save money compared to Con Edison?

    Not automatically. Many New York residential ESCO customers have historically paid more than the utility default, which led to a $71 million state settlement in April 2026. Since the 2019 Reset Order, residential ESCO offers must guarantee savings or be a New York renewable product — but you should still compare the specific offer against your Con Edison rate.

    Will my power be interrupted if I switch to an ESCO?

    No. An ESCO only supplies your energy; your utility still delivers it, reads the meter, and handles outages. Switching changes the supply line on your bill and never interrupts service.

    How often can I switch energy suppliers in New York?

    You can switch suppliers or return to utility default supply, though some ESCO contracts include an early-termination fee for fixed-term plans. Check the contract term before signing, and use the Power to Choose tool to compare current offers any time.

    Who reads my meter and fixes outages if I use an ESCO?

    Your regulated utility — Con Edison in NYC — always reads the meter, maintains the wires, and responds to emergencies, regardless of which ESCO supplies your energy.

    Bottom line: Compare ESCOs in New York against your Con Edison default supply rate on the official Power to Choose tool, and switch only when a specific offer clearly beats it.

    Bottom line: to compare ESCOs in New York, put each supplier supply rate, term, and fees next to your utility default rate — then lock the plan that saves you the most.

    Many New York ESCOs sell renewable products at a premium — read how green energy plans actually differ from regular supply before paying more for one.

    Also compare internet, home security and home warranty at your address

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    Are you a commercial customer?

    Business and multi-site electricity accounts are quoted individually by load, term and utility zone rather than from a posted rate. Talk to a commercial energy specialist at 855-712-5521, or for business internet, phones and IT at your location, our business desk at BOX by TechGuidance pulls every serviceable connection for your address.

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    CB

    Written by

    Christopher Burg · Founder, Utility Search Marketplace

    Christopher Burg is the founder of Utility Search Marketplace. He spent 20 years building channel partnerships at Charter Spectrum, Cox, Altice, AT&T and other major operators before starting the site, and he personally verifies the internet, electricity, home security and home warranty prices published here. He holds a BBA and an Executive MBA from Texas A&M.

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