Binghamton, New York electricity rates - plans that match your needs

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Electricity Providers in Binghamton, New York

Binghamton is the state of New York's 21st most populated city. Competition is rife in the deregulated electricity market in Binghamton. Consumers can compare a number of different providers who sell electricity. Unfortunately, deregulated electricity markets are awash with fly by night companies with convoluted advertising methods. The Find Energy marketplace was created to help you search for an electricity plan from a respectable company that has easy to understand terms and no misleading marketing.

Deregulated areas necessitate the coverage of both utilities, who are responsible for transmission, and Retail Electric Providers (REPs), who are the companies in charge of procuring the electricity that consumers use. You can choose which REP will get your business, but your utility company is based upon the location of your business or home. Binghamton has 5 REPs operating to residents within the city boundaries, which results in tough decisions for customers searching for electricity. Below is a short list of some of the best suppliers selling electricity in the Binghamton area that a consumer can choose from.

Binghamton, NY Electricity Rates & Bills

Consumers being perplexed by an electricity rate listed on a plan in Binghamton is a regular occurrence. We strive to have a marketplace featuring plans with terms and conditions that are not misleading. Reviewing the terms and conditions is essential in advance of purchasing to ensure that you fully understand your plan. It is imperative that you don't purchase a plan without first seeing the terms and conditions document to fully grasp what to expect from the plan.

See below for rate trends and historical pricing information.

Binghamton, New York Electricity Price Trends

Residential

Binghamton Averages

Rate14.97¢
Usage700 kWh
Bill$105

New York Averages

Rate17.04¢
Usage637 kWh
Bill$109

United States Averages

Rate13.47¢
Usage886 kWh
Bill$119

Commercial

Binghamton Averages

Rate14.97¢
Usage700 kWh
Bill$105

New York Averages

Rate17.04¢
Usage637 kWh
Bill$109

United States Averages

Rate13.47¢
Usage886 kWh
Bill$119

Binghamton, NY Electricity Rates Over Time

Residential

Historical Electricity Rates:

Price Per kWhAverage Bill$0.146/kWh$0.104/kWh$123.86/mo.$67.43/mo.

Commercial

Historical Electricity Rates:

Price Per kWhAverage Bill$0.146/kWh$0.104/kWh$123.86/mo.$67.43/mo.

Current Average Rates, Consumption & Bill Amounts in Binghamton, New York

  • Binghamton’s average residential electricity price is 14.97 cents per kilowatt-hour. For comparison, the state average is 17.04 cents and the nationwide average is 13.47 cents.
  • Binghamton citizens, on average, pay a monthly electricity bill of $104.81. The state of New York averages $108.5 per residence per month and the nationwide average is 119.32 per month.
  • The average price per kilowatt-hour for commercial electricity in Binghamton is 12.38 cents, while the state average is 16.26 cents and the US average is 10.55 cents.
  • Binghamton businesses average a monthly commercial electricity expensel of $401.74. The average in New York is $411.72 per month and the average in the country is 564.41 per month.

Residential

Commercial

Binghamton, NY Commercial Electricity

With the ability to significantly save on your electricity bill just moments away, don’t leave your business in a disadvantaged place with higher than needed monthly bills. The Find Energy comparison process is simple to use and our team takes care of| most of the heavy lifting so you are not using up your time. This is our business, we will handle it while you handle yours. Business owners should realize that even tiny adjustments to the price you pay per kilowatt-hour may result in demonstrable effects on your bottom line. Both small and large companies can profit greatly by confirming that they are getting the cheapest electricity price available to them.

Our team has compiled a record of some of the most attractive commercial electricity plans on the market. Companies with high electricity use (expenses totalling a few thousand dollars on average) are eligible for custom pricing plans from the electricity suppliers in Binghamton. These personalized pricing plans usually result in substantial savings. A good number of organizations unwittingly end up paying more than they should on their monthly electricity expenses just because they refuse look into better electricity rates available in the deregulated market.

Find the best plan for your needs

Compare electric rates in your area with your ZIP code


Just keep in mind the following facts when deciding whether shopping for deregulated rates in Binghamton is a good idea:

  • A low fixed-rate plan could save your business thousands - We deal almost exclusively with fixed rate plans. If current electricity rates are trending upwards, then securing the lowest available rates may be among the most crucial business decisions you make this week.
  • There is no disruption of service when you shift to another plan - When you secure a new plan, you just receive a bill with your new electricity supplier’s name on it. Your utility company doesn’t change and electricity keeps flowing the entire time.
  • The whole process takes just a couple of minutes of your time - Our shopping process designed to be fast and painless for users. Simply fill out your information. Once that’s done, we’ll take the reins and handle the hard parts. We’ll make sure to find your organization the lowest electricity plans on the market.
  • Find Energy will take charge of the entire switching process - Our team handles the entire transition if you are not under contract. After filling out your information, the only thing you need to do is to allow Find Energy to help you find the most attractive plan for your establishment. You will receive a reduced electricity bill in no time. And even if you are under contract, Find Energy can still assist you in finding and switching to a better pricing plan.
  • There’s zero commitment to buy - If you don’t like the deals you receive after submitting your information, or if you change your mind for some other reason, know that there is no obligation to move forward with the transition. Just inform us that you have changed your mind, and you will remain on with your current service.

Find Energy is dedicated to getting you the best plans in New York. To start saving on your monthly electricity expenses, all you have to do is just enter your zip code and answer the following questions. We estimate that most companies who shop in our website can save between 15% and 25% on their monthly expenses.

Binghamton, NY's Utility Company is New York State Electric & Gas

New York State Electric & Gas is the chief electric utility company in Binghamton. At any point in time that your neighborhood or establishment loses power, you must report this incident directly to your utility company. If you experience an outage, you must contact your utility company directly.

Shop Electricity Providers by Zip Code in Binghamton, NY

  • 13905
  • 13901
  • 13903
  • 13790
  • 13904

Binghamton, NY Electricity FAQs

FAQ

What electric company does Binghamton, New York use?

New York State Electric & Gas is Binghamton’s largest electric utility company. There are, however, many different suppliers that carry electricity supply in Binghamton, including the electricity providers in the list below:

Who provides the best electricity plans in Binghamton?

The most affordable electricity plans in Binghamton can be seen below.

ProviderRate (¢/kWh)
Verde Energy10.59
Major Energy Electric Services11.79

How do I find a green electricity plan in Binghamton?

Using Find Energy, you can purchase a 100% Green electricity plan without hassle. Just search for electricity plans that display the 100% Green label.

How many electricity companies are in Binghamton?

There are presently 5 companies selling their services in Binghamton.

What is the most affordable electricity company in Binghamton?

Verde Energy currently offers the most affordable residential electricity plan with a rate of 10.59 cents per kilowatt-hour.

How should I choose an electricity company in Binghamton?

With many different providers competing for your dollars, it is wise to use a service like ours to aid you in weighing your many different options. You can do this by typing in your zip code on this page. Alternatively, you can visit individual company websites, and with the use of an Excel sheet or a Word document, you can take note of and compare the various rates you find.

What is an affordable electricity rate in Binghamton?

The lowest electricity rate offered in Binghamton is 10.59 cents per kWh, currently supplied by Verde Energy.

Last Reviewed By: King Manalo
Published: 2021-03-16