Low-Cost Electric Suppliers Save New Yorkers Hundreds of Dollars a Year

Online, November 19, 2010 (Newswire.com) - Lower Electric Bill Today, an online provider of electricity news, rates, and statistics, is pleased to announce that New York consumers can significantly lower their electric bills by transferring service to an alternative electric supplier offering lower electric rates than the average public utility company.

Several times per year, the United States Energy Information Administration (EIA) conducts a study to examine the average retail electric rate of each state in the nation. New York is consistently among the states offering the highest retail electric rates in the U.S. The EIA's most recent study, conducted in mid-October, showed New York's average retail electric rate to be 18.55 cents per kilowatt-hour - more than 7 cents higher than the current national average and a statewide increase of more than 1 cent since last year.

Current customers of such New York public utilities as Central Hudson Gas & Electric, Con Edison of New York, National Grid Niagara Mohawk Power, Orange & Rockland Utilities, and Rochester Gas & Electric can switch their service to a low-cost, alternative electric supplier for free at LowerElectricBillToday. Consumers that transfer their service pay as little as 10 cents per kilowatt-hour for electricity.

"There are several advantages to switching to an alternative electric supplier," said Christina Cleri, president of Lower Electric Bill Today. "First and foremost is the significantly lower electric rate, which translates into lower electric bills year-round. Alternative electric suppliers in New York also offer more flexible billing and service plans, including the option of month-to-month variable rates or fixed rates for 6 to 12 months. Most alternative suppliers also encourage consumers to 'go green' and consider eco-friendly energy options that reduce carbon emissions and protect the environment."

The option to choose an alternative electric supplier is made possible through a government initiative known as electricity deregulation, which gives New York residents and business-owners the unique opportunity to permanently lower their electric bill but still receive the same reliable electric service and support they're accustomed to.

"Consumers will not experience a disruption in service during the transfer, and they'll continue to receive dependable service and support 24/7," Cleri said. "After transferring to a low-cost supplier, the only difference customers will experience is a drastically lower electric bill."

For more information regarding electricity deregulation, lower electric rates in New York, and how a low-cost NY electric supplier can lower your electric bill by up to 20%, visit www.LowerElectricBillToday.com or email [email protected].