New York’s energy market is deregulated, allowing residents and businesses to choose their energy supplier and shop for competitive rates. Energy deregulation has transformed the market by enabling competition among energy suppliers and granting residents the freedom to choose their energy provider, leading to potential cost savings and access to diverse energy plans, such as green energy options. In this deregulated market, the utility company remains responsible for delivering electricity, maintaining infrastructure, and handling emergencies, while consumers can select their energy supplier from various ESCOs. Energy service companies (ESCOs) offer a range of energy supply options, including natural gas and renewable energy plans.

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