Compare Rate Plans
New Rates Are Coming
LIPA’s Time-of-Day Rate Plan for 2024On March 29, 2023, the Long Island Power Authority Board of Trustees approved a new residential Time-of-Day rate (TOD), which will be phased in as the standard electric rate beginning in 2024. There is no immediate action for customers at this time. PSEG Long Island will communicate with eligible customers in the coming months. For more information please visit LIPA's website at |
Rate Calculator
The Rate Calculator analyzes your actual energy use over the past 365 days to compare your current rate to other rate options and calculate the most cost effective rate for you. When deciding which rate plan to select, keep in mind that the tool only shows comparisons based on your past electricity use.
Make the Switch
Step 1: Log in
Log in to My Account to compare rates. Not enrolled? Have your account number handy and register now.
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Step 2: Review Your Rates
Review rate comparisons and select the best one for you. When deciding which rate plan to select, keep in mind that the tool only shows comparisons based on your past electricity use.
Step 3: Confirm
Confirm your enrollment selection. Use the tool every six months or so, as it updates your data and calculations monthly after each new billing period ends.
4 Rate Plans to Choose From
On a Time of Use (TOU) plan you can save even more by shifting energy use from higher cost Peak hours to lower cost Off-Peak hours for your high-electricity-use devices like air conditioning, pool pumps, pool heaters, dishwashers and electric vehicle chargers.
For information on current rates and delivery charges, download the Residential Rate Booklet. For a detailed look at monthly Power Supply Charges click here.
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With the Short Peak rate, you can take advantage of Off Peak (lower cost) periods starting at 7pm and then the cheapest Super Off Peak from 10pm until 6am the next day on weekdays. There is only one 3 hour period (4pm until 7pm) during weekdays when energy costs fall in the peak pricing time period. Weekends and holidays have off peak periods all day!
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This plan pushes both Off Peak and Super Off Peak hours back an hour, starting at 8pm and 11pm respectively. If you are an early riser, this rate will give you more time in the morning to use energy and save. Peak hours are from 4pm until 8pm weekdays. Weekends and holidays have off peak periods all day!
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The Early Peak plan gives you the same number of hours of savings as Late Peak, with both Off Peak and Super Off Peak hours starting an hour earlier, 7pm and 10pm respectively. Weekends and holidays have off peak periods all day!
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With this plan you get Super Off Peak pricing for 7 hours at night–from 11pm until 6am–but with a slightly higher cost than the standard rate during the day. This plan could work well for you if you need to use a little more energy during the afternoon and early evening (peak hours on other plans) but you normally consume most of your energy during super off-peak hours.
Please note:
The tool updates your data and calculations monthly after each new billing period ends. In general, customers with My Account should use the Rate Comparison Tool every six months and check to see if a better rate works for their household as circumstances can change. If you find that you can save more on another plan, you have choices. The calculations do not guarantee savings because it does not account for future bill or rate adjustments, one-time charges/credits, taxes or changes to how and when you use energy (for example, a new appliance).
The “Compare Rate Plans” button and the Rate Comparison table in MyAccount will only appear for customers who are eligible and have an AMI meter with 365 Days of AMI usage history. If you do not meet these criteria, please contact us at 1-800-490-0025 to consult with one of our experienced TOU customer service representatives.