Received my NYSEG bill for February, and since my billing cycle approximates the month, we can draw some conclusions about the cost of various electric options.
My option: New York Energy Cooperative, Feb. price, including distribution charge and transition credit was: 11.76324 cents per Kwh.
NYSEG variable : 11.0646 cents per kwh, including distribution charge, transition credit and merchant function charge. (See page two of this NYSEG handout for an explanation of merchant function charge.)
NYSEG fixed: 12.55 cents per kwh.
Bottom line for the average home using 600 Kwh/month:
NY Energy Cooperative: $70.58
NYSEG Variable: $66.38
NYSEG Fixed: $75.30
NYSEG variable is the cost savings winner in February, producing a $9.92 savings over the fixed rate.
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