Category Archives: energy service companies

Energy service companies win court battle, may lose war

  Energy service companies won their court battle against the state’s effort to effectively put them out of business. But their victory is illusory. A July 22 decision by Albany Supreme Court Justice Henry Zwack, linked here, said the Public Service … Continue reading

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State pushes ahead with ESCO crackdown

  New York officials are pushing ahead with their crackdown on energy service companies despite legal headwinds. Their latest gambit: barring ESCOs from doing business with low-income people. A recap: ESCOs are the companies that send salespeople knocking on your … Continue reading

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New York ESCO crackdown challenged in court

  Energy service companies — better known as ESCOs — are waging a court battle over their right to stay in business in New York. A state Supreme Court judge in Albany on March 4 stayed a Public Service Commission … Continue reading

Posted in consumer advocacy, energy service companies, Public Service Commission | 1 Comment

Fed up state regulators end energy service companies’ ripoffs

  Say goodbye to the energy service companies that promise a deal on your home’s Con Edison bill: New York regulators say they’re a ripoff, and will effectively shut them down. It’s a big move by the state Public Service … Continue reading

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Con Edison electric customers flee energy service companies

  Con Edison electric customers are giving up on those folks who promise lower electricity bills. Energy service companies — ESCOs — lost 6.1 percent of their residential customer accounts in Con Ed’s service area from May 2014 to May 2015, … Continue reading

Posted in AARP, Deregulation, energy service companies, Public Service Commission | 1 Comment

Home electricity and heating costs forecast to drop this winter

  Expect lower electricity and heating costs in New York this winter, government energy experts say. Electricity prices statewide should be about 20 percent lower this winter compared to last winter, the Public Service Commission says. In a news release … Continue reading

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Price surge over, but New York electric charges will spike again

  This winter’s punishing power price surge is over, and New York’s electric supply charges headed back to normal in March. This graph shows the default supply charge paid by a typical Con Edison residential customer for the last six … Continue reading

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State finally requiring public electricity and gas price data

  It’s been 18 years since New York embarked on its policy of giving consumers a choice of electricity and gas suppliers – and only now is the state planning to offer a reliable way to compare prices among different … Continue reading

Posted in Con Ed, Deregulation, electricity, energy service companies, natural gas, Public Service Commission | 1 Comment

Consumers buy unproven ESCO claims of cheap rates

  Energy service companies are on a roll in New York — even though the only thorough study ever done of their pricing shows they cost consumers a lot of money. The companies — known as ESCOs — have a … Continue reading

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New PSC chair believes in consumer electric choice

  New York’s new Public Service Commission chair will continue the state policy of relying on the free market to keep residential electricity prices affordable. Improving the retail energy market will be a top priority, PSC chair Audrey Zibelman told … Continue reading

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