Skip to Main Content
ajax loader animation
ajax loader animation

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.

    null

    2023-2024 Winter Bill Outlook

    Residential customers will likely see a 1% increase in gas-heating costs this winter. Electric costs will also be higher: Residential customers in New York City may see a 14% increase, and residential customers in Westchester County may see an 11% increase. Your energy usage and weather conditions will also affect your bill.

    Our Home Energy Analysis tool can help you see where you’re using the most energy, and give suggestions to help you improve efficiency and control energy costs: conEd.com/HomeEnergyAnalysis.

    Bill Impacts Outlined in the Joint Agreement

    Current rates approved by the New York Public Service Commission went into effect on August 1, 2023.

    Electric Bill Impacts
    2025

    • NYC residential electric customers using 280 kilowatt hours would see their bills increase by $1.63 to $95.63, which is an increase of 1.7%.
    • Westchester residential electric customers using 425 kilowatt hours would see their bills increase by $1.96 to $134.83, which is an increase of 1.5%.
    • Small commercial electric customers using 600 kilowatt hours would see their bills increase by $3.77 to $202.44, which is an increase of 1.9%.
    • Medium commercial electric customers using 10,800 kilowatt hours with a peak demand of 30 kilowatts would see their bills increase by $87.71 to $2,402.99, which is an increase of 3.8%.

    2024

    • NYC residential electric customers using 280 kilowatt hours would see their bills increase by $3.85 to $94.00, which is an increase of 4.3%.
    • Westchester residential electric customers using 425 kilowatt hours would see their bills increase by $5.38 to $132.87, which is an increase of 4.2%.
    • Small commercial electric customers using 600 kilowatt hours would see their bills increase by $7.78 to $198.67, which is an increase of 4.1%.
    • Medium commercial electric customers using 10,800 kilowatt hours with a peak demand of 30 kilowatts would see their bills increase by $75.24 to $2,315.28, which is an increase of 3.4%.

    2023

    • NYC residential electric customers using 280 kilowatt hours would see their bills increase by $7.19 to $90.15, which is an increase of 8.7%.
    • Westchester residential electric customers using 425 kilowatt hours would see their bills increase by $10.49 to $127.49, which is an increase of 9.0%.
    • Small commercial electric customers using 600 kilowatt hours would see their bills increase by $15.49 to $190.89, which is an increase of 8.8%.
    • Medium commercial electric customers using 10,800 kilowatt hours with a peak demand of 30 kilowatts would see their bills increase by $101.93 to $2,240.04, which is an increase of 4.8%.

    Gas Bill Impacts
    2025

    • Residential customers with gas for cooking using 5 therms on average per month would see their bills increase by $2.03 to $42.34 , which is an increase of 5.0%.
    • Residential customers with gas for heating using 100 therms on average per month would see their bills increase by $15.61 to $253.35, which is an increase of 6.6%.

    2024

    • Residential customers with gas for cooking using 5 therms on average per month would see their bills increase by $2.12 to $40.32, which is an increase of 5.5%.
    • Residential customers with gas for heating using 100 therms on average per month would see their bills increase by $14.90 to $237.74, which is an increase of 6.7%.

    2023

    • Residential customers with gas for cooking using 5 therms on average per month would see their bills increase by $2.66 to $38.20 , which is an increase of 7.5%.
    • Residential customers with gas for heating using 100 therms on average per month would see their bills increase by $17.28 to $222.84, which is an increase of 8.4%.

    Steam Bill Impacts

    Current rates approved by the New York Public Service Commission effective on December 1, 2023.

    REVIEW THE 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%.