Take control of your business energy costs with expert guidance from Great Energy 1. Our team helps New York businesses and residents compare electricity and natural gas rates to find the most cost-effective plans. We provide tailored energy solutions that fit your usage and budget. With deregulated energy options, fixed rates, and green energy plans. Start saving today with personalized support and ongoing contract management from our dedicated energy brokers.
What Are the Latest New York Electricity & Gas Rates?
As of the latest data, residential electricity rates in New York average about 26-27¢ per kWh, while commercial electricity rates are lower, around 20-22¢ per kWh. For natural gas, residential customers pay roughly $23-25 per MCF, whereas commercial gas rates average about $18-20 per MCF. Actual rates vary by utility, location, and usage, and ongoing rate increases may push costs higher. Lock in the lowest energy rates for your business with Great Energy 1, your trusted commercial and residential energy broker.
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3 Simple Steps to Switch Energy Companies
At Great Energy 1, we believe every business deserves the lowest energy rates. Our expert brokers make switching simple and stress-free. We provide personalized recommendations and guide you to the best energy plan in just three easy steps:
Tell Us About Your Business
Share your contact information and estimated monthly energy bill with our team.
Compare Rates & Plans
Review rates and plans from our network of top-rated energy suppliers.
Sign-Up & Start Saving!
Select your plan, sign your contract, and start saving on your energy bill immediately.
Unlock Better NY Electricity & Gas Prices
Lowering Businesses' Energy Costs Across New York State
From NYC offices to university campuses in Syracuse, our experts help you find the right New York energy supplier and plan. No matter where your business is located, we make it easy to secure the best electricity and natural gas rates in New York.
Personalized Procurement with Great Energy 1
Our mission is to help businesses make smarter energy decisions that save money long-term. From your first consultation and contract signing to ongoing support and renewals, your dedicated energy advisor is with you every step of the way.
Affordable Gas & Electric Rates
Get the most cost-effective electricity and natural gas rates by comparing options from our extensive supplier network.
Customized Energy Solutions
From small shops to large corporations, we tailor energy plans to fit your business needs, no matter the size or industry.
Ongoing Contract Management
Enjoy peace of mind with continuous support and expert guidance from a dedicated account manager who understands your energy needs.
Get Expert Advice on Energy Contracts
Traditional Energy Plans
Fixed Rate Plan
Get long-term stability and predictable bills with a plan that locks in your energy rates for the entire contract period.
Lower your energy rates by renegotiating and extending your contract, creating long-term strategies, savings and predictable costs.
Keep fixed supply rates while your utility passes through capacity charges, giving you better cost control and transparency.
Strategic Energy Plans
Energy-intensive businesses like corporations, hospitals, manufacturers, and data centers have complex energy needs. Our energy brokers create tailored solutions to help large energy consumers save and thrive.
Index Pricing
Tie your electricity or gas rates to a public pricing index for transparency and potential cost savings.
Block & Index
Purchase most of your energy at a fixed rate in bulk, while additional usage is priced at current market rates.
Flip to Fixed
Start with flexible, variable rates, then lock in a fixed rate when market prices dip for maximum savings.
Your Guide to Energy Deregulation
Deregulated energy in New York City lets businesses and residents control their energy costs. Understanding the market helps you make smarter energy decisions and save money, helping your business thrive.
Talk to Our Energy Deregulation Expert
What is Energy Service Company (ESCO)?
An NY Energy Service Company (ESCO) is a retail energy provider offering electricity or gas plans in the deregulated market. Comparing ESCOs lets you secure competitive rates and contract terms, leading to long-term savings.
What are the Renewable Energy Options in New York City?
New York generates more renewable energy resources than any other state east of the Mississippi. About one-third of the state’s in-state generation comes from hydropower, solar, wind, and biomass.
How Does the Climate Act Affect Business Energy Options?
Energy initiatives set ambitious emission-reduction targets and expand renewable energy options. This makes commercial green energy plans more affordable and accessible for businesses.
What Happens If You Do Not Choose Your Own Energy Supplier?
If you don’t select a retail energy provider, your account will default to your utility’s standard rate. While reliable, utility rates are often higher and less flexible than ESCO options.
What is the Role of the NY Public Service Commission (PSC)?
The PSC oversees New York’s deregulated energy market. It protects consumers by ensuring fair practices, approving utility rates, and resolving customer disputes.
Industries We Power with Gas and Electricity Solutions
Great Energy 1 delivers the best energy solutions for all businesses, whether it’s a small or a large company. We help you control costs and boost efficiency with energy plans designed to keep operations running smoothly. Our flexible options and expert guidance ensure your company saves money while getting the energy it needs to thrive.
Warehouses
Lower gas & electricity costs, improve efficiency, and keep warehouse operations running smoothly with reliable power solutions.
Schools
Create a comfortable, cost-effective, and sustainable learning environment for students and staff with smart electricity & gas management.
Office Buildings
Reduce expenses, enhance workplace comfort, and support sustainability with gas & electricity-efficient solutions for office spaces.
Nursing Homes
Ensure safety, comfort, and reliable electricity & gas for nursing homes, keeping residents and staff at ease.
Shopping Centers
Save gas & electricity costs, improve lighting, and create a better shopping experience for businesses and customers.
Property Management
Optimize electricity & gas use, lower costs, and improve sustainability for residential and commercial properties.
Manufacturing Companies
Boost production efficiency, reduce gas & electricity costs, and keep manufacturing operations running without interruptions.
Answers to Common Questions
Frequently Asked Questions
Businesses with unpredictable energy usage or complex needs like restaurants, manufacturers, data centers, and hotels benefit the most. However, companies of any size or industry can lower costs by choosing a plan that fits their needs.
As of November 2025, the average commercial and residential electricity rate is 22.42¢ per kWh, 63% higher than the national average. Find the lowest rates for your business by requesting a free quote from Great Energy 1.
Harsh winters and snowstorms can cause electricity and gas rates to spike. Higher heating demand strains the grid, increasing market rates and demand charges. Protect your business by signing up for a fixed-rate energy plan.
Offers tax credits, rebates, and other financial incentives for renewable energy and efficiency projects. Businesses can explore available programs through the State Energy Research and Development Authority (NYSERDA).
As of November 2025, the average commercial and residential natural gas rate is $11.81 per Mcf, 14% lower than the national average. Take advantage of these rates by contacting our energy broker experts.
Yes! Switching energy suppliers does not interrupt your service. Your utility continues delivering power while we transition you to your preferred energy provider.
Call your local utility company for outages or energy emergencies. Utilities respond to outage reports and provide restoration updates.
No. Your utility is based on your address and will only change if you move outside its service area.
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