Slash Energy Bills with NY's Secret Business Rates
Types of Business Energy Rates in New York
Businesses in New York can benefit from various energy rate plans, including time-of-use rates, demand response programs, and renewable energy incentives. Time-of-use rates allow companies to pay less for electricity used during off-peak hours, which can be a substantial saving for businesses that can shift their energy usage. Demand response programs offer incentives for reducing energy consumption during peak demand times. Additionally, businesses investing in renewable energy sources, such as solar panels, can benefit from state and federal tax credits and rebates1.