ESCOs for Gas and Electricity?

Our Con Ed bill for 2 months was nearly $400. We're fairly conservative on gas and electricity use! Has anyone looked into or tried the ESCO options?

Permalink Reply by Seth Strohl on September 11, 2009 at 9:16pm: I researched only electricity, and from what I saw, you really don't save any money. You save on the taxes on the supply charges. But for the rate plans, naturally, fixed rates are higher than the variable rates. I've only been with Con Edison for three months, so I don't know how much the rates fluctuate. Have you thought about the equal payment plan? That may help you lower your monthly bill. But you need to be with Con Edison for a year.; ▶ Reply to This

Permalink Reply by Dana on September 12, 2009 at 7:47am: Still looking into it, but it doesn't appear that anyone is saving money...or any more pleased than they are with Con Ed. I found this info on another board:

"You still have to pay most of ConEd's fees because they are still delivering the gas/electric to you. There's no escaping them, unfortunately. I switched to a gas ESCO, but haven't noticed much difference in my bill. That's probably because the gas supply portion was always the lowest amount anyway. "

"ESCOs are a huge scam, be very wary. There's all sorts of info. on the internet to find about it."

http://www.brownstoner.com/brownstoner/archives/2008/11/escos_energ...

http://www.nydailynews.com/news/2008/07/27/2008-07-27_pol_slam_door...

http://consumerist.com/5032333/anti+esco-scam-bill-proposed; ▶ Reply to This