Being a renter in New York City is hard. So often, it means dealing with neighbors, landlords, supers, and always having that voice in the back of your head saying, “If only I had looked for another week” making you feel FOMO whenever you see new apartment listings.
And on top of everything else, renting is pricey, with the average rent in 2016 taking up 2/3s of most New Yorkers’ income. That means renters are constantly looking for ways to cut their monthly and annual costs. From eating ramen for weeks on end, to buying everything at dollar stores, renters are all about being savvy and cutting corners where we can.
So, what’s one of the easiest corners to cut? Signing up with a third-party energy supply company, better known as an ESCO, like GEE. Never heard of it? No problem, we’ll answer some of your most basic questions to put you on the right track.
“What’s in it for me if I’m renter?”
There are no downsides to signing up with an ESCO as a renter. Your natural gas and electricity won’t get shut off when you make the switch and you’ll have a better customer service experience than working with your utility. The only difference you’ll see is when you find a lower rate on your monthly energy bills, which is the best part!
“But…what’s the catch?”
There is no catch! ESCOs are regulated differently than utility companies, so we can offer customers monthly fixed rates rather than variable rates, which often change drastically month-to-month and make budgeting unpredictable.
“Can I make the switch even if I don’t own my home or apartment?”
Yes, as long as you are paying your utility bill directly, you can make the switch! The process is the same for residential customers, whether you own a home or rent an apartment. You visit greateasternenergy.com/enrollment, provide your zip code, and you’ll see electricity and natural gas rates that are sure to be better than what you’re currently paying.