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.
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