The New York City market
Commercial energy in New York City
In New York City, Con Edison owns and operates the delivery grid across the five boroughs, and the wholesale market is run by the NYISO. City businesses can buy their electricity supply from a competitive ESCO (Energy Service Company) while Con Ed continues to deliver the power and respond to outages — the wires, the meter and the reliability stay exactly as they are.
New York is one of the highest-cost electricity markets in the country, which makes the supply decision consequential. Every cent per kWh is amplified by the size of a Manhattan bill, so a competitively bid fixed rate can be worth real money to a city business.
What it costs
What New York City businesses pay for power
New York’s commercial average is among the highest in the country, so the stakes on the shoppable supply charge are higher too. On a large city bill, a competitively bid fixed rate — instead of Con Ed’s default supply price — is worth real money.
Statewide commercial average, latest EIA data. See New York commercial energy and rates for every state.
Who we serve
Industries we broker for in New York City
The city’s commercial demand is dominated by finance and banking, commercial real estate and Class-A office towers, hotels and hospitality, media and advertising, large healthcare systems, and retail. These are exactly the account types where a small rate improvement, multiplied across a big load, adds up quickly.
Local cost drivers
Con Edison demand charges
In New York, the part of the bill businesses most often overlook is the demand charge — a fee based on your single highest power draw (in kW) during the month, not your total usage. For a Manhattan office tower, hotel or restaurant, demand charges can rival or even exceed the energy charge itself.
Shopping your supply rate handles one side of the bill; understanding and managing your peak handles the other. We help city clients lock a competitive fixed supply rate and, for larger accounts, think through where peak management can take pressure off Con Ed’s demand charges. (New York has tightened ESCO rules for residential customers in recent years; commercial energy choice remains available.)
How it works
Lowering your New York City energy cost, in three steps
Send one bill
A recent New York City electricity bill is all we need to read your usage, your Con Edison delivery charges, and your current supply rate.
26+ suppliers compete
We put your account out to bid across the NYISO suppliers and normalize every offer to the same terms, so you compare like for like.
Lock a fixed rate
You pick the lowest fixed rate for the longest sensible term. No cost to you, and no obligation to switch.
New York City questions
Commercial energy in New York City, answered
See what your New York City business could save
Send us one recent bill and we’ll compare 26+ suppliers, then show you the lowest fixed rate for your New York City account — free, no obligation.