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What to know about electricity rates in Holley, NY

  • Holley residents pay 7.18 cents per kWh while the average national rate is 16.22 cents
  • The cheapest electricity rate is 5.82 cents per kWh for Holley residents
  • You can shop rates from 2 available providers in Holley

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Best Holley, NY electricity rates

In the city of Holley, you can find electricity rates that range from 5.82 cents to 45.25 cents per kWh. The best electricity plans in Holley for you depend on how much power you use and when you use it. Comparing companies is the best way to find better rates. Below are some rates from popular electric companies in Holley.

What is the cheapest electricity company in Holley, NY?

Provider Service Rate (¢/kWh)
Holley Electric Bundled 7.52
National Grid Bundled 18.22

Because New York has a deregulated electricity market, Holley residents have the flexibility to shop around for a cheaper electricity bill. Many states don’t offer this choice. If you’re looking to reduce your energy bill, consider switching to a different provider or plan. Holley electricity providers offer different types of plans for residents and businesses to satisfy a range of needs.

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Average cost of electricity in Holley, New York

According to our data, the average electricity rate in Holley is 7.18 cents per kWh. This equates to an average residential bill of $72.26 per month. Our data also shows the average resident in Holley uses 1,007 kWh per month. Below, you can see how Holley's electricity rates compare to the averages in New York and the United States.

Rate Usage Bill
Holley Average 7.18¢ 1,007 kWh $72.26
New York Average 22.66¢ 2,018 kWh $144.84
United States Average 16.22¢ 884 kWh $143.38

Since the average price is 7.18 cents per kWh or $72.26 per month for residential electricity, prices lower than these can be considered affordable. Electricity rates in Holley, New York depend on your home size and usage, so the kWh rate is more useful when comparing your rate to the average.

Best electricity plans

We've analyzed the prices, terms, and conditions of popular Holley electricity plans. Below are our picks for the best residential plans in the state.

Provider Contract Term Rate Plan
12 months 9.39¢/kWh See Plan
12 months 9.79¢/kWh See Plan
12 months 11.49¢/kWh See Plan
12 months 12.99¢/kWh See Plan
12 months 15.99¢/kWh See Plan
See All Plans

Compare Holley electricity providers

There are 2 electricity providers in Holley, NY. While some providers only serve specific areas, you have multiple options for electricity wherever you are. Different providers can offer different specials, plan types, and sales throughout the year. However, always read the fine print of the energy plans you consider to avoid hidden penalties.

Residential Electricity Providers in Holley

Provider Service Type Rate (¢/kWh) Bill
Holley Electric Bundled 7.52 $87.00
National Grid Bundled 18.22 $119.14
Showing 10 of 2 providers

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Business electricity rates in Holley, NY

Commercial rates are typically cheaper than residential rates in Holley, New York because businesses consume a lot of energy. This means they get a volume discount on electricity. Think about how much power a corner store might use to run HVAC, refrigeration, security systems, lighting, and computers. It adds up. Our data shows the average business in Holley pays 5.32 cents per kWh for electricity and has an average bill of $21,266 per month. They also use 3,995 kWh per month, which is a big increase from the residential average of 1,007 kWh.

Rate Usage Bill
Holley Average 5.32¢ 3,995 kWh $212.66
New York Average 19.67¢ 2,814 kWh $553.34
United States Average 12.14¢ 5,654 kWh $686.54

Finding ways to reduce overhead costs is essential as a business owner. You have the opportunity to do that in a deregulated electricity market. Even reducing your electricity by one or two cents per kWh can make a huge difference when you have a high monthly bill. Compare commercial electricity rates to find the plan that makes the most sense for your business.

Best commercial electricity plans

Below are the top commercial electricity plans in Holley, New York.

Provider Contract Term Rate Plan
12 months 7.856¢/kWh See Plan
24 months 7.876¢/kWh See Plan
36 months 7.957¢/kWh See Plan
18 months 7.966¢/kWh See Plan
30 months 7.972¢/kWh See Plan
6 months 8.041¢/kWh See Plan
42 months 8.060¢/kWh See Plan
48 months 8.093¢/kWh See Plan
54 months 8.213¢/kWh See Plan
60 months 8.267¢/kWh See Plan
12 months 8.296¢/kWh See Plan
12 months 8.300¢/kWh See Plan
24 months 8.300¢/kWh See Plan
24 months 8.331¢/kWh See Plan
18 months 8.400¢/kWh See Plan
30 months 8.400¢/kWh See Plan
36 months 8.400¢/kWh See Plan
36 months 8.416¢/kWh See Plan
18 months 8.430¢/kWh See Plan
30 months 8.438¢/kWh See Plan
6 months 8.500¢/kWh See Plan
42 months 8.500¢/kWh See Plan
48 months 8.500¢/kWh See Plan
42 months 8.524¢/kWh See Plan
6 months 8.531¢/kWh See Plan
48 months 8.551¢/kWh See Plan
12 months 8.600¢/kWh See Plan
24 months 8.600¢/kWh See Plan
54 months 8.600¢/kWh See Plan
54 months 8.674¢/kWh See Plan
18 months 8.700¢/kWh See Plan
36 months 8.700¢/kWh See Plan
60 months 8.700¢/kWh See Plan
60 months 8.722¢/kWh See Plan
6 months 8.800¢/kWh See Plan
12 months 8.800¢/kWh See Plan
30 months 8.800¢/kWh See Plan
42 months 8.800¢/kWh See Plan
48 months 8.800¢/kWh See Plan
18 months 8.900¢/kWh See Plan
24 months 8.900¢/kWh See Plan
6 months 9.000¢/kWh See Plan
30 months 9.000¢/kWh See Plan
36 months 9.000¢/kWh See Plan
54 months 9.000¢/kWh See Plan
60 months 9.000¢/kWh See Plan
42 months 9.100¢/kWh See Plan
48 months 9.100¢/kWh See Plan
12 months 9.200¢/kWh See Plan
24 months 9.200¢/kWh See Plan
12 months 9.252¢/kWh See Plan
24 months 9.281¢/kWh See Plan
12 months 9.292¢/kWh See Plan
18 months 9.300¢/kWh See Plan
30 months 9.300¢/kWh See Plan
36 months 9.300¢/kWh See Plan
54 months 9.300¢/kWh See Plan
60 months 9.300¢/kWh See Plan
24 months 9.318¢/kWh See Plan
12 months 9.338¢/kWh See Plan
18 months 9.348¢/kWh See Plan
30 months 9.374¢/kWh See Plan
24 months 9.376¢/kWh See Plan
36 months 9.389¢/kWh See Plan
12 months 9.400¢/kWh See Plan
42 months 9.400¢/kWh See Plan
6 months 9.401¢/kWh See Plan
36 months 9.430¢/kWh See Plan
18 months 9.433¢/kWh See Plan
30 months 9.439¢/kWh See Plan
18 months 9.450¢/kWh See Plan
30 months 9.476¢/kWh See Plan
36 months 9.482¢/kWh See Plan
6 months 9.500¢/kWh See Plan
24 months 9.500¢/kWh See Plan
42 months 9.500¢/kWh See Plan
48 months 9.500¢/kWh See Plan
6 months 9.507¢/kWh See Plan
12 months 9.551¢/kWh See Plan
42 months 9.565¢/kWh See Plan
48 months 9.568¢/kWh See Plan
6 months 9.580¢/kWh See Plan
42 months 9.594¢/kWh See Plan
24 months 9.599¢/kWh See Plan
12 months 9.600¢/kWh See Plan
18 months 9.600¢/kWh See Plan
24 months 9.600¢/kWh See Plan
30 months 9.600¢/kWh See Plan
36 months 9.600¢/kWh See Plan
54 months 9.600¢/kWh See Plan
48 months 9.617¢/kWh See Plan
48 months 9.649¢/kWh See Plan
18 months 9.673¢/kWh See Plan
24 months 9.690¢/kWh See Plan
36 months 9.698¢/kWh See Plan
6 months 9.700¢/kWh See Plan
12 months 9.700¢/kWh See Plan
18 months 9.700¢/kWh See Plan
24 months 9.700¢/kWh See Plan
30 months 9.700¢/kWh See Plan
See All Plans

How to switch your Holley electricity provider

Since New York's energy market underwent deregulation, residents and businesses have gained the power to choose their electricity suppliers from multiple providers.

You can switch companies by following these steps:

  • Verify your eligibility to switch providers in your service area
  • Compare rates and plans from different Energy Service Companies (ESCOs)
  • Review contract terms and potential fees
  • Select a plan that matches your energy needs
  • Complete the enrollment process with your chosen supplier

The switch typically takes five business days, and you won't experience any service interruption.

Remember to check for early termination fees if you're currently under contract, and confirm your account is in good standing before initiating the change.

Best time to switch electric companies in Holley, New York?

Timing your switch to a new energy provider in Holley can greatly impact your utility costs throughout the year.

You'll find the most competitive rates during periods of lower energy demand, specifically from late September to Halloween and late March to early May.

The switching process typically takes 1-2 billing cycles, and you won't experience any service interruption.

Your new supplier will handle the necessary notifications to your utility company.

Compare electricity plans

Holley's deregulated electricity market

The electric industry in New York underwent a significant transformation when deregulation began in 1996.

The New York State Public Service Commission introduced competition by allowing customers to choose their energy providers from over 200 Energy Service Companies (ESCOs).

Under this system, the New York Independent System Operator (NYISO) manages the power grid and wholesale marketplace, where electricity is traded like stocks.

Providers compete to offer the best rates, with generators submitting price offers while utilities bid to meet demand.

Types of electricity plans in Holley, NY

Choosing your ideal electricity plan in Holley requires understanding three primary options available through Energy Service Companies: fixed-rate, variable-rate, and indexed-rate plans.

Fixed-rate plans lock in your rate per kilowatt-hour for a specific term, typically ranging from 6 months to 5 years. You'll have predictable bills regardless of market conditions.

Variable-rate plans adjust monthly based on market prices, with providers required to notify you of upcoming rates.

Indexed-rate plans follow a formula tied to electricity trading markets, similar to variable rates but with more direct market influence.

Your choice should align with your energy needs and risk tolerance.

Compare Holley electricity rates

Compare Holley electricity rates to save money and avoid overpaying in the deregulated market. Bills can vary greatly, with rates between 6 to 45 cents per kWh across different providers and plan structures. Take the time to read the fine print and do the math to figure out which is your best option.

Compare electricity plans

Electricity rates for cities near Holley, New York

Electricity rates for other cities

Holley, NY electricity rate FAQs

What is a good rate per kWh in Holley?

In Holley, New York, a good electricity rate falls between 6 cents to 8 cents per kWh. Tired of high bills? Shop during spring and fall to lock in lower prices before HVAC use spikes in the summer or winter.

What are electric rates in Holley today?

Holley electricity rates currently average 7.18 cents per kWh, but you'll likely pay between 5 to 9 cents depending on your provider, location, and plan type.

Why is electricity so expensive in Holley, NY right now?

Your Holley electric bill can be expensive because you live in a high-demand region with complex delivery systems. You pay premium rates due to natural gas costs, peak usage timing, and aging infrastructure that needs constant upgrades.

Will electricity get cheaper in the future?

Electricity rates fluctuate due to energy demand, fuel costs, grid infrastructure, and regulatory policies. While short-term declines may occur, long-term trends often show increases due to inflation, grid modernization, and shifts to renewable energy.