Customers who selected the NYSEG variable-rate plan over the fixed-rate came out ahead by about a penny and a half through most of February, according to figures published by NYSEG.
That means that an average homeowner, using about 600 Kwh of electricity, saved about $9 this month if he had selected the variable rate over the fixed rate.
Variable: 11.062 cents per Kwh in Feb. Fixed: 12.55 per Kwh in Feb.
The February variable rate of 11.06 compares to an average of 11.57 in January.
You can still switch your supplier if you're dissastisfied. The PSC publishes the latest rates, and then go to pressconnects for an explanation of how to make those calculations.
Warning: There may be a penalty for switching if you have a fixed-rate plan from an energy service company. There is no penalty for switching out of NYSEG's fixed-rate plan.
It’s been two months since you made your selection. Are you satisfied that you made the right choice?
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