Did you know you have the power to choose who supplies your electricity and natural gas in New York?
Did you know you have the power to choose who supplies your electricity and natural gas in New York? Thanks to energy deregulation, you’re not locked into on utility company for both delivery and supply. That means more options, more control– and potentially, more savings.

But what exactly does deregulation mean, and how can you take advantage of it? Let’s break it down.

What Is Energy Deregulation?

In a regulated energy market, one utility company controls the entire process–from generating the electricity or natural gas to delivering it to your home. In a deregulated market, like New York’s, this process is split into two parts:

1. The Utility Company (e.g., Con Edison, Central Hudson, National Grid) still delivers the energy to your home and maintains the power lines and gas lines.
2. The Energy Supplier (also called an ESCO–Energy Service Company) sells you the actual electricity or natural gas.

Deregulation lets you shop around and choose your energy supplier based on price, contract terms, renewable energy options, or customer service. Your utility company stays the same, but you have the power to choose who supplies your energy.

How can Deregulation Save you Money 

Because energy supplier are competing for your business, many offer lower rates, promotions, or other perks to stand out. Here’s how to make deregulation work for you.

1. Compare Rates

Check the “Price to Compare” on your utility bill–this is the default rate charged by your utility’s standard service. Then, look for ESCOs offering a lower rate per kilowatt-hour (electricity) or therm (natural gas).

2. Look for Fixed-Rate Plans 

Utility rates can fluctuate seasonally or due to market conditions. Locking in a fixed-rate plan with a supplier can protect you from spikes, especially in winter and summer when usage is high.

3. Consider Renewable Energy

Many ESCOs offer 100% green energy options. These may not always be cheaper, but they allow you to support wind, solar, or hydro power and reduce your carbon footprint.

4. Avoid Contracts with Hidden Fees 

Not all ESCOs are created equal. Before you sign up, read the fine print. Look out for cancellation fees, variable rates after the promotional period, and automatic renewal clauses.

5. Take Advantage of Promotions

Some suppliers offer incentives such as gift cards, cash-back, or discounts for enrolling online or signing up for autopay.

How to Switch Energy Suppliers

1. Compare Offers: Use New York’s official site https://documents.dps.ny.gov/public/ESCOHome to find licensed ESCOs and compare plans.
2. Pick a Supplier: Choose based on price, contract terms, renewable energy options, and company reputations.
3. Enroll: Sign up online or over the phone. Your new supplier will notify your utility company, and your energy service will continue without interruption.
4. Check Your Bill: Your utility will still send you a single bill, but it will show the name of your supplier and the rate you’re paying.

Community Solar: Another Way to Save 

New Yorkers can also subscribe to community solar projects, which allow you to support local solar farms and save up to 10% on your electricity bill–without needing panels on your roof. It’s compatible with both utility-supplied energy and ESCOs. offering even more flexibility.

The Bottom Line 

Energy deregulation in New York puts the power in your hands. By shopping around, locking in competitive rates, and exploring renewable or community-based options, you can reduce your energy costs and make more informed choices about how your home is powered.

So don’t leave money on the table–explore your options and start saving today.