The New York Independent System Operator
The New York Independent System Operator (NYISO) is at the center of New York State’s electric system, operating the high-voltage transmission network, administering and monitoring the wholesale electricity markets, and planning for the state’s energy future. The NYISO is responsible for the reliable operation of New York’s nearly 11,000 miles of high-voltage transmission and the dispatch of over 500 electric power generators.
Because of the system the NYISO uses to forecast and purchase electric power, New York State nearly always has reserves of electricity, resulting in very reliable energy transmission and distribution of electricity.
National Grid serves northern Madison County both electric and natural gas.
Oneida Madison Electric Cooperative
Oneida Madison Electric Cooperative serves most rural and southern areas of in Madison County. Customers and owners in this cooperative can enjoy less expensive electricity rates. The vast majority of its customers and owners operate farms in the rural areas of the County.
Cost of Electricity To Industrial Consumers
|Monthly Average Retail Price Per Kilowatt-hour Oneida Madison Electric Cooperative
|Monthly Average Retail Price Per Kilowatt-hour of Electricity To Industrial Consum
Source: U.S. DOE, Energy Information Administration, “Electric Power Monthly”, last updated 9/08/2010. “(¢/kWh)” = cents per Kilowatt hour.
Lastly, residents and businesses located within the Village of Hamilton (including the Hamilton Business Park), enjoy very competitive power rates, as the Village runs its own municipal power system. Residents enjoy rates as low as $0.04-$0-.05 / kWh, while light industrial rates start at $0.02-0.03/kWh +
Contact us to learn more about the advantages of growing your business in Madison County, New York.