Rising Energy Prices
We can help you manage higher energy prices
It’s in the news, and you may have noticed it on your bill. The bitterly cold winter and higher energy use around the country have caused an increase in energy prices. While PSEG Long Island does not benefit when energy prices go up, we understand the impact on you.
How does that affect your electric bill?
Most of the electricity you use comes from power plants fueled by natural gas. While PSEG Long Island doesn’t own power plants or benefit from higher energy prices, we understand the impact on customers and remain committed to helping you manage your energy bills.
What to expect?
The cost of electricity is shown on your bills as the Power Supply Charge. It has increased significantly and we expect it to remain higher than usual for at least a few more months. We pass along this cost directly with no markup and this will affect all customers regardless of electric rate.
What you can do to manage costs
From financial assistance programs to energy-saving tools, we have options to help you lower your bill!
- Balanced Billing
Consider our free Balanced Billing program, which eliminates sudden bill spikes in winter and summer with a consistent monthly payment. - Consumer Advocates
Our advocates are here to help you manage energy expenses and guide you to programs that can help you save. Services are free and confidential. - Financial Assistance
If your household struggles to pay energy bills, you may be able to pay off a balance over time or receive financial assistance. - Here to Help You Save
Managing energy costs shouldn't mean sacrificing comfort. From energy saving tips and rebates to financial assistance programs, we have the tools to help. - Time-of-Day Rate
You can reduce the impact of higher prices by conserving energy and using it more efficiently. For customers on a Time-of-Day rate, you can also benefit by controlling when you use energy.