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About Con Edison’s Rates

A Breakdown of Your Bill

Your bill is made up of three different types of costs—delivery, supply, and taxes and fees.

Delivery costs are approved by state regulatory agencies and aren’t subject to market changes. This revenue lets us maintain and upgrade our electric and gas distribution systems, and keep our service safe and reliable.

Supply costs and taxes and fees are not set by Con Edison and are collected and distributed without profit.

 

Bill Impacts Outlined in the Joint Agreement

A large part of the rate increase is driven by taxes, most notably City of New York property taxes, which are now $1.9B as of financial year 2019–2020, and continue to increase every year.

Electric Bill Impacts

2020

  • NYC residential electric customer using 300 kilowatt hours would increase $2.86 to $76.43, an increase of 3.9%.
  • Westchester residential electric customer using 450 kilowatt hours would increase $4.17 to $106.46, an increase of 4.1%.
  • Small commercial electric customer using 600 kilowatt hours would increase $6.46 to $151.73, an increase of 4.4%.
  • Medium commercial electric customer using 10,800 kilowatt hours with a peak demand of 30 kilowatts would increase $42.44 to $1,833.51, an increase of 2.4%.

2021

  • NYC residential electric customer using 300 kilowatt hours would increase $3.40 to $79.83, an increase of 4.5%.
  • Westchester residential electric customer using 450 kilowatt hours would increase $4.88 to $111.34, an increase of 4.6%.
  • Small commercial electric customer using 600 kilowatt hours would increase $7.40 to $159.13, an increase of 4.9%.
  • Medium commercial electric customer using 10,800 kilowatt hours with a peak demand of 30 kilowatts would increase $70.59 to $1,904.10, an increase of 3.9%.

2022

  • NYC residential electric customer using 300 kilowatt hours would increase $3.03 to $82.86, an increase of 3.8%.
  • Westchester residential electric customer using 450 kilowatt hours would increase $4.34 to $115.68, an increase of 3.9%.
  • Small commercial electric customer using 600 kilowatt hours would increase $6.67 to $165.80, an increase of 4.2%.
  • Medium commercial electric customer using 10,800 kilowatt hours with a peak demand of 30 kilowatts would increase $62.50 to $1,966.60, an increase of 3.3%.

Gas Bill Impacts

2020

  • Residential customer with gas for cooking using 5 therms on average per month would increase $2.72 to $30.72, an increase of 9.7%.
  • Residential customer with gas for heating using 100 therms on average per month would increase $11.36 to $163.74, an increase of 7.5%.

2021

  • Residential customer with gas for cooking using 5 therms on average per month would increase $2.45 to $33.17, an increase of 8.0%.
  • Residential customer with gas for heating using 100 therms on average per month would increase $14.44 to $178.18, an increase of 8.8%.

2022

  • Residential customer with gas for cooking using 5 therms on average per month would increase $2.13 to $35.30, an increase of 6.4%.
  • Residential customer with gas for heating using 100 therms on average per month would increase $12.87 to $191.05, an increase of 7.2%.

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