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Energy Service Companies: The Real Deal

Most Central New Yorkers are familiar with Energy Service Company representatives who go door-to-door offering alternative gas and electric supply.
Syracuse (WSYR-TV) – Most Central New Yorkers are familiar with Energy Service Company representatives who go door-to-door offering alternative gas and electric supply.

They make money when customers switch from National Grid or NYSEG.

Customers who do switch receive a 7 percent discount for the first few months, then the rate returns to within a few cents of what the utility charges.

If you’re interested in switching, make sure you don’t lock into a long-term contract – and keep in mind, National Grid or NYSEG will still deliver your power, ESCOs only supply it. So a fee is paid to each company.

If there’s something you want to know The Real Deal about, call (315) 446-9900 or email YourStories@9wsyr.com.

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