Energy Procurement
Utilities such as Con Edison and National Grid encourage customers to compare prices when shopping for energy. Energy bills consist of supply and delivery charges. Customers pay for supply from an Energy Service Company (ESCO) and delivery from the utility.
Utilities and ESCOs shop for energy in the marketplace, and prices vary from month-to-month based on supply and demand. If you sign up with an ESCO for your energy supply, your utility will continue to deliver electricity and gas to your building, safely and reliably, at delivery rates regulated by the NYSPSC). However, because the utility must provide you with supply if you can’t find a supplier, the utility is not concerned with savings – since it can pass through all costs to the customer.