What’s the difference between NYSEG & ConEd?
Major Power Utility Companies in New York State
ConEd (Consolidated Edison) and NYSEG (New York State Electric & Gas) are both utility companies in New York, but they serve different regions and have some differences in their services.
Service Area
ConEd primarily serves New York City and its immediate surroundings, while NYSEG covers most of upstate New York, including Westchester, the Hudson Valley, and throughout.
Rates
ConEd's rates tend to be higher compared to NYSEG.
Service Reliability
ConEd is often noted for having more reliable service with fewer and shorter power outages than NYSEG.
Energy Supply Options
Both companies offer options for customers to choose their energy supply through Energy Service Companies (ESCOs), which can help in getting competitive energy rates.
Energy Service Companies are third-party suppliers that offer electricity and natural gas services to consumers.
In New York, ESCOs provide an alternative to traditional utility companies like ConEd and NYSEG.
New York opened its electric and natural gas markets to competition in the 1990s, allowing consumers to choose their energy supplier.
ESCOs can offer various energy plans, including fixed-rate, variable-rate, and green energy options.
The New York State Public Service Commission (PSC) provides tools for consumers to compare ESCO offers with those of traditional utilities.