Yes. Our customers are guaranteed to save off their electric supply costs vs. the default utility, Con Edison. Typical savings vs. Con Edison are 3-6%.
While our guarantee is based upon Con Edison pricing, customers switching from energy providers other than Con Edison often save much more.
The Savings Guarantee ensures that the customer will be paying, on average, less than the full service default Con Edison supply rate, including all rate components and applicable taxes. The Zone1Energy rate is calculated by discounting the full service default Con Edison supply rate by the contracted discount percentage that Zone1Energy provides. If the appropriate contracted savings are not provided to the customer, then the rate on the subsequent bill will be lowered sufficiently so that these savings are realized. If the account is no longer active with Zone1Energy, then a check will be sent to the customer in the amount of the savings owed.