Electric Rate Discounts
PSEG Long Island has helped support over 900 local companies by purchasing over $120 million in goods and services from them. Our economic development programs have kept over 2,500 jobs from leaving Long Island, while growing over 1,000 new jobs. Our energy efficiency programs have helped over 4,000 businesses stay competitive by saving energy and reducing overhead costs.
Download the Economic Development brochure or call our Business Solutions Center at 1-800-966-4818.
Electric rate discounts are offered in the following categories:
Please note: To qualify for our programs, you must call us before closing on your new location or starting your expansion project. Call our Business Solutions Center at 1-800-966-4818!
- Business Attraction/Expansion Rate Discounts
For non-retail customers who significantly expand their Long Island operations or move their business to Long Island, and meet or exceed increased electric load or job creation/retention guidelines
- Business Incubator Rate Discounts
For start-up businesses that graduate from a New York State - sponsored incubator program and locate outside the incubator facility.
- Load Shifting Option
The load shifting option allows new program participants to permanently lower their electric rates by shifting their electric use away from our most critical load period - summer weekdays between 3PM and 10PM.
- NY State Excelsior Jobs Program
Provides job creation and investment incentives to firms in such targeted industries as biotechnology, pharmaceutical, high-tech, clean-technology, green technology, financial services, agriculture and manufacturing. PSEG Long Island provides electric rate discounts to Excelsior-certified business customers.
- Recharge New York
A New York Power Authority program that provides lower cost hydro power to qualified businesses that retain and create jobs. PSEG Long Island provides a discount on the energy delivered through this program.