Last updated:  March 20, 2009

The Truth about PowerYourWay


So which ESCO should you choose?

ESCO means "Energy Service Company".

The prices on this page are for electricity supply for Manhattan.

Electricity rates are fluctuating highly now, so it's hard to say whether it's better to switch from Con Ed or to hold tight for now. However, you may save a little by switching to Energetix through PowerMove.  They claim to be 0.1¢/KWH lower than the ConEd utility rate, for a total savings of approximately 2% when you include the 4% PowerMove delivery charge tax savings. Energetix has been higher than ConEd in the past, so no guarantees.  However, there is no charge to switch to another service later. 

Before switching, you should contact the company yourself and read the terms carefully.

WARNING: Do not sign up with an ESCO directly. Instead, sign up through the PowerMove program as described on the HOME page. If you call the ESCO directly for more information, do not give them your ConEd account number. I have a report from a customer that they were switched without permission after giving their account number to a door-to-door salesman.

The following rates are based on information obtained from calling the ESCOs and from their web sites.

ESCO

Tel

Flag

Current Supply rate (¢/KWH)

Estimated total savings

Fees (signup,  cancellation)

Phone wait time (mins)

Customer Service

Con Ed Utility
variable

800-752-6633

 

9.05 (ConEd standard rate -use as basis or comparison).

0%

none

1

To find out the rate, call customer service and choose "open an account". Then ask for the current rate for supply and delivery. Helpful customer service.

ConEdison Solutions
variable

888-320-8991


10.72 - regular
+1 - "green"
+2.5 - "100% wind"

?

none

0

PowerMove not available for green or wind. 

ConEdison Solutions
fixed

888-320-8991

12.14 - regular
 +1- "green"
 +2.5 - "100% wind"

?

none

0

12 month fixed rate options including two "green" plans.  Fixed rate prices available on web site (you must type in your ConEd account number).

IDT
variable

877-887-6866

 

14.00 - regular
+1.5 - "100% hydro"

?

none

0


IDT
fixed

877-887-6866


24.00 - 1 year

?

$150 cancellation fee

0

helpful

Accent Energy
fixed

866-423-6749

13.62 - 1 year
14.34 - 2 year

0

$100 cancellation fee or average of one month

0

Apparently off shore operators. See customer Testimonial.

Accent Energy
variable

866-423-6749

Not Available

0

none

0

"Variable rates are 2/10 lower than ConEd's current rate"

Ambit Energy
variable

877-282-6248

Not Available

?

none

0

Claim to be 1% lower than ConEd rates.

Direct Energy
fixed

866-348-4194

 

11.50 - 1 year

?

none

0

Helpful

Gateway Energy Services
variable

800-313-8333

10.10

?

none

0

Previously known as Econnergy.

Gateway Energy Services
fixed

800-313-8333

13.30

?




Energetix
variable

800-544-0182

10.24

?

none

0

Claim to be "1/10 cent/KWHR less than ConEd", but have been higher. 

Energetix
fixed

800-544-0182

 

11.70 - 1 year
+.80 - 50% green
+1.60 - 100% green

?

$35 cancellation fee

0

Fixed rates on web site.

Hudson Energy Services
variable

877-483-7669

11.47

?

none


Hudson Energy Services
fixed

877-483-7669

 

12.00 - 1 year

?

cancellation fee prorated up to $75

Liberty Power
variable

866-769-3799

15.21

?

none

0


Liberty Power
fixed

866-769-3799


13.82 - 1 Year

?

cancellation fee based on date

0

MXenergy
variable

800-375-1277

11.84

?

none

0

MXenergy
fixed

800-375-1277

 

13.61 - 1Year

?

$150 cancellation, $25 to switch to variable plan

0

Fixed rates posted online

Spark Energy variable

888-877-7569

 

8.32

+$4.95 monthly service fee

?

Cancellation - $12.00 per months of remaining contract or $65.00 - whichever is less

0


Eligible for PowerMove

Green Power

Historical ESCO supply price comparison for variable rate suppliers


ConED Utility (standard)

ConED Solutions

Accent Energy

Gateway

Hudson Energy

Liberty Power

MX Energy

Spark

Energetix

Mar 2009

9.05

10.72

N/A

10.10

11.47

15.21

11.84

8.32

10.24

Feb 2009

9.86

11.35

N/A

11.27

12.56

N/A

N/A

1.046

N/A

Jan 2009

10.05

11.63

N/A

10.10

12.56

N/A

15.99

11.67

N/A

Dec 2008

6.05

12.23

15.00

13.42

12.56

N/A

11.65

12.95

N/A

Nov 2008

16.43

16.90

17.78

16.43

17.47

N/A

14.67

?

N/A

Oct 2008

17.00

19.50

10-17

17.52

18.75

N/A

16.99

15.95

N/A

Sep 2008

21.00

19.50

?

19.00

23.80

N/A

23.49

15.95

N/A

Aug 2008

24.00

20.40

18.98

20.10

19.9

16.82

23.90

16.9

18.20

Jul 2008

21.00

19.45

20.45

19.20

?

20.43

18.99

15.45

19.64

Jun 2008

12.38

13.03

20.45

16.30

?

21.20

18.99

14.75

11.61

May 2008

11.61

?

19.81

14.90

?

?

16.49

?

10.97

Apr 2008

11.09

?

?

15

?

?

15.99

?

12.21

Mar 2008

14.41

?

?

14.4

?

?

15.47

?

14.8

Feb 2008

15.6

?

?

13.8

?

14.345

16.99

?

13.4

Jan 2008

10.99

?

?

13.4

?

14.5

15.65

12.9

10.93

Dec 2007

10.34

?

?

13.7

13

?

12.74

?

9.32

Nov 2007

10.91

?

?

13.5

10.81

16

12.74

11.9

10.34

Oct 2007

10.37

?

?

12.5

10.2

?

13.586

?

9.09

Sep 2007

9.7

?

?

?

?

?

?

?

14.68

Aug 2007

15.5

?

11-19

15.4

15.4

?

16.9

12.25

16.07

Jul 2007

15.5

?

?

15

15.4

?

16.9

12.3

13.1

Jun 2007

14.5

?

?

13.5

14.4

?

16.2

13

11.9

May 2007

11.6

11.1

?

12.9

11

?

14.5

?

11

Apr 2007

13

11.6

?

13

12.9

?

13.49

?

?

Mar 2007

12.8

10.3

?

12.9

12.7

?

12.69

?

12.6

Feb 2007

10.6

10

?

10.5

10.5

?

12.89

?

10.5

Jan 2007

11

12.3

?

10.5

10.9

?

12.5

11.7

10.9

Dec 2006

9.9

14.9

10 - 14 (??)

13

9.8

?

13.6

?

Nov 2006

10.6

?

?

?

?

?

?

?

Oct 2006

13.9

13.5

10 - 12 (??)

16.7

13.8

?

14.8

?

Sep 2006

13

15.8

19

17

?

?

17

?

You should contact the ESCO directly for confirmation of rates and terms.

Actual supply rates as reported on customer bills

The following supply rates are from actual customer bills/meter readings.  Rates may differ from the above rates due to price fluctuations during the month.  To send your bill to have your rate included here, please contact us.


Con Ed

Con Ed Solutions

Energetix

Gateway






Mar 2009

7.7306 (Mar 11)


8.4337 (Mar 11)


Feb 2009

10.8374 (Feb 9)


11.5878 (Feb 9)


Jan 2009

11.1068 (Jan 8)

10.7391 (Jan 2)

6.9283 (Jan 8)


Dec 2008

4.1255 (Dec 8)


2.5171 (Dec 8)


Nov 2008

7.6323 (Nov 4)


10.0422 (Nov 4)


Oct 2008

10.2033 (Oct 6)


17.4790 (Oct 6)


Sep 2008

21.3797 (Sep 5)


19.9178 (Sep 5)


Aug 2008

17.7623 (Aug 6)


16.0657 (Aug 6)


Jul 2008

13.7792 (Jul 8)


13.3242 (July 8)

21.138 (July 21)



While we make every effort to provide correct information, the information on this site may be incorrect or out of date. If you believe any information is incorrect, please contact us.