HABITAT
Subscribe for Daily Updates!
Has anyone had experience switching from Con Ed to an ESCO? Lower energy costs, locked in rates, no sales tax all sound attractive. Which company would you recommend?
We have not made a switch yet but have been working with a company called Tradition Energy who will put your building out to bid with a number of ESCO's. I've never heard of the "delivery charge" changing if you switch because Con Ed continues to bill you for the delivery charge after the switch, but it's definitely worth asking. Most savings are realized on the reduction in sales tax.
Introduce yourself to other members of Board Talk! Log in below or register here.
Board Talk members who registered prior to March 9th, 2016 will need to reset their password.
Board Talk members who registered prior to March 9th, 2016 will need to reset their password.
Habitat u
visit habitat uHabitat U: learn about how to manage a building, and what you should know as a co-op or condo board member.
Archives
search
Search, by word or phrase, all magazine articles from January 2002 to present. You may print or email your results. Print subscribers receive free access to the Habitat Article Archive.
Ask the Experts
learn moreLearn all the basics of NYC co-op and condo management, with straight talk from heavy hitters in the field of co-op or condo apartments
Professionals in some of the key fields of co-op and condo board governance and building management answer common questions in their areas of expertise
Subscribe
join nowGot elected? Are you on your co-op/condo board?
Then don’t miss a beat! Stories you can use to make your building better, keep it out of trouble, save money, enhance market value, and make your board life a whole lot easier!
I switched over once, to something I believe called ITC, just for my own apartment. The monthly bill went significantly up. Why? Because (and I don't remember the exact name and don't have a bill right in front of me) "transport charge" or "delivery charge" that Con Ed charges itself is lower than what it charges ESCOs.
So even though the rate per kilowatt hour was lower with the ESCO, the overall bill was higher.
Thank you for rating!
You have already rated this page, you can only rate it once!
Your rating has been changed, thanks for rating!
Board Talk members who registered prior to March 9th, 2016 will need to reset their password.