Electric Companies in New York

Power Generation

The largest share of electricity in New York State comes from the burning of natural gas. Almost 23% of all electricity comes from hydroelectric power. The most powerful hydroelectric plant is the Robert Moses Niagara Power Plant near Niagara Falls. New York State ranks third in generating electricity from water power. Nuclear power accounts for a significant portion of electricity, about 23%.

Transmission Grid

Companies like Consolidated Edison Company, Central Hudson, New York Power Authority operate, maintain and improve power lines in the state. The number of electric transmission outages has declined recently. The main cause of outages is weather and human error. The requirement to provide 70% of electricity from renewable sources by 2030 will affect plans to develop and upgrade the transmission grid.

Renewable Sources

New York State has one of the highest gasoline and natural gas consumption rates in the country. However, the plan is to significantly reduce the carbon footprint and eliminate non-renewable sources by 2050. Currently, a large share of electricity comes from hydroelectric power plants. Solar energy is actively developing, and by 2025 it is planned to build 500 MW of energy storage.

Electricity Rates

The cost of electricity in New York State is one of the highest in the country. For state residents, the cost of electricity is about 19.74 ¢/kWh, which is more than a third higher than the national average. For commercial customers, the cost of electricity is about 16.21 ¢/kWh, which is also higher than the national average. The cheapest electricity rates will cost about 10 ¢/kWh. A popular way to reduce your electricity bill is to install solar panels and use free solar energy.

Electric Companies in New York

New York Electric Companies

New York State is a major producer of electricity. Most of its electricity comes from natural gas, which is shipped on the Atlantic Ocean through New York's major ports. More than 60 natural gas-fired power plants provide 44% of all electricity. The presence of major rivers and Niagara Falls makes New York State a major producer of hydroelectric power. 180 hydroelectric facilities provide nearly one-fifth of all electricity. Also worth mentioning are the thousands of solar panels and solar photovoltaic power plants. The number of solar installations is growing steadily.

New York City has both large electric companies, such as Consolidated Edison Company, Orange and Rockland, and Central Hudson, as well as many small electric companies. High electricity rates led to New York becoming a deregulated state in 1997. Competition in the electricity market led to lower electricity prices. About 200 energy service companies (ESCOs) already offer electricity and electrical services. About a quarter of New Yorkers use ESCOs.

Authorities in New York State plan to completely eliminate the use of non-renewable energy sources by 2050. Hydropower alone is not enough. By 2030, the plan is to increase solar power generation to 1,000 MW, enough energy to power 250,000 homes. Already many companies in New York, such as YSG Solar, offer solar power solutions. The government actively supports the development of geothermal energy, and several geothermal projects have already been implemented, including projects in Brooklyn and Staten Island.

# Company
1 Allan Briteway Electrical Contractors
2 Alpha Electrical Services
3 Alpha Gas and Electric
4 Asset Electric Corp
5 Buffalo Solar
6 Central Hudson
7 Columbia Utilities
8 Consolidated Edison Company
9 Danik Electrical
10 Delta Electric Inc
11 Dynamark Electric
12 Electrician Techs
13 Empire Electric Enterprises
14 Ferguson Electric
15 First Class Electric
16 Freeport Electric
17 Hewitt Young Electric
18 Horsepower Electric
19 Hylan
20 Integrity Electric
21 Kiwi Energy
22 LED Electricians
23 Macintosh Electric
24 Midway Electric
25 Mr. Electric
26 National Grid
27 New Wave Energy
28 New York City Electricians
29 New York Power Authority
30 NRG Energy
31 NYC Queens Electrician
32 Onward EnergyDesign ServicesDesign Services
33 Orange and Rockland
34 Payless Energy
35 Premier Empire Energy
36 Quest Solar
37 Radec Electric
38 Reliable Electric
39 TY Electric
40 YSG Solar