Want to save money on your energy costs? Discover the solar alternatives available in New York.
New York residents are paying some of the highest electricity rates in years due to fuel shortages and limited availability of gas pipelines. Solar panels could be a viable energy alternative.
Two major investor-owned utilities servicing New York, National Grid and Consolidated Edison, planned for a 22% increase in energy rates in the state last fall. Recently, Consolidated Edison unveiled a proposal to raise electricity rates by 4.2% this year, 4% in 2024 and 3.8% in 2025, which received approval from the state’s Public Service Commission, a utility regulator.
Going solar could help you cut your energy bills and lock you in a more stable price for years. Some people with solar panels can significantly reduce their utility bills or even eliminate them.
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