Current Outlook and Yearly Impacts to Energy Costs

The cost of Con Edison’s electric, gas, and steam service is determined by our rate filing. See impacts by year and customer service classification.

Summer Bill Outlook 2026

Con Edison is investing across New York City and Westchester County to strengthen the energy grid as demand grows and extreme heat becomes more common—helping keep power reliable for homes, businesses, and essential services.

At the same time, we’re helping customers manage their energy use and costs through affordability programs, efficiency tools, and resources that make it easier to stay in control of your bill.

Together, these investments—in infrastructure, technology, and our skilled workforce—help keep power flowing when New Yorkers need it most. What summer bills may look like in 2026:

New York City residential customers may see an average increase of about 5.7%, mainly due to higher supply charges.
Westchester residential customers may see an average decrease of about 2.8%.

Bills vary based on supply charges and how much energy you use, which can change with the weather, demand, and market conditions. We purchase your power and gas from energy suppliers and pass those costs through without making a profit—what we pay, you pay. Learn more about the charges that make up your bill.

Our Home Energy Analysis tool has customized tips and suggestions to help you improve efficiency and control costs this summer—and all year long. Log in to get your results.

Bill Impacts in the Joint Proposal

Over the past 11 months, local leaders, environmental experts, and customer advocates worked together through a Public Service Commission–led process to shape a balanced path forward.

The plan focuses on essential investments to strengthen the system against more frequent severe weather conditions, support state energy laws, maintain a safe and reliable gas system, and deliver more energy as customers adopt electric vehicles and electric heating. These investments are part of a three year plan that will run through December 31, 2028.

The annual average electric delivery rate will increase by 2.8%, and the annual average gas delivery rate will increase by 2%—that’s close to the current rate of inflation.

Electric Bill Impacts

NYC residential electric customers using 280 kilowatt hours would see their bills increase by $4.03, which is an increase of 3.9%.
Westchester residential electric customers using 425 kilowatt hours would see their bills increase by $5.32, which is an increase of 3.6%

Gas Bill Impacts

NYC residential gas customers using 100 therms on average per month would see their bills increase by $10.67, which is an increase of 4.4%.
Westchester residential gas customers using 100 therms on average per month would see their bills increase by $10.67, which is an increase of 4.4%.

Steam Bill Impacts

Current rates approved by the New York Public Service Commission effective on December 1, 2023. View Steam Rate Filing Fact Sheet.

November 2025 through October 2026

SC-1—General Service using 100 Mlbs of steam power per month would increase by $1,136 to $8,421, which is an increase of 15.6%.
SC-2—Annual Power Service—Rate I (Non-Demand) using 750 Mlbs of steam power per month would increase by $4,624 to $41,007, which is an increase of 12.7%.
SC-3—Apartment House Service—Rate I (Non-Demand) using 900 Mlbs of steam power per month would increase by $3,652 to $35,840, which is an increase of 11.3%.

November 2024 through October 2025

SC-1—General Service using 100 Mlbs of steam power per month would increase by $1,093 to $7,286, which is an increase of 17.6%.
SC-2—Annual Power Service—Rate I (Non-Demand) using 750 Mlbs of steam power per month would increase by $4,366 to $36,384, which is an increase of 13.6%.
SC-3—Apartment House Service—Rate I (Non-Demand) using 900 Mlbs of steam power per month would increase by $3,529 to $32,187, which is an increase of 12.3%.

December 2023 through October 2024

SC-1—General Service using 100 Mlbs of steam power per month would increase by $1,056 to $6,193, which is an increase of 20.6%.
SC-2—Annual Power Service—Rate I (Non-Demand) using 750 Mlbs of steam power per month would increase by $4,328 to $32,018, which is an increase of 15.6%.
SC-3—Apartment House Service—Rate I (Non-Demand) using 900 Mlbs of steam power per month would increase by $3,550 to $28,659, which is an increase of 14.1%.