Tag Archives: electrical deregulation in New York

Why Electrical Deregulation in New York Is So Beneficial

Electrical Deregulation Of New YorkAs a resident of New York, you have a unique opportunity to take advantage of the electrical deregulation of New York. Prior to the late ‘90s, New Yorkers were forced to contend with the public utility companies, including Consolidated Edison, National Grid, New York State Electric & Gas, Rochester Gas & Electric, Central Hudson, Orange and Rockland and of course the Long Island Power Authority. This created a monopoly whereby the utility companies could charge whatever they wanted. This led to lawmakers stepping in to pass the bill that started the electrical deregulation of New York. Let’s look at a few of the benefits of deregulated energy in New York that you as a valued citizen can take advantage of at any time.