In compliance with Con Edison’s approved investment plan, we've redesigned our bill to provide greater transparency and help you better understand where your money goes, including what’s covered by supply, delivery, and tax charges.
Your bill will soon have a new section that shows the municipal property taxes you already pay. The municipal property taxes are not new charges or a rate increase.
These taxes are currently part of your delivery charge, but soon they’ll be listed separately, along with other taxes, so you can see them clearly.
Your Bill Covers Three Things
Supply is the cost of the energy you use. We make no money on supply.
You get to choose how you buy your energy supply. We don’t produce gas or electricity. If you get supply from us, we buy the energy you use in competitive markets and pass the cost on to you. What we pay is what you pay. If you choose another energy supplier, your bill now shows how that cost compares to buying supply from Con Edison
Delivery is set by a regulatory process overseen and approved by the New York Public Service Commission, the state regulator of utilities and their costs.
Delivery includes the cost to:
Operate and maintain the complex energy grid, above and below ground
Keep skilled people working 24/7, in all weather, to keep your energy on
Invest to keep our systems safe, reliable, and resilient for severe weather and growing demand
Taxes are charges set by state and local governments that we collect on their behalf and send directly to them. We make no money on taxes.
Most of the taxes you pay are municipal property taxes on the pipes, wires, and equipment that deliver your energy. These taxes are currently part of your delivery charge. Soon you will see them listed separately in a new section on your bill that will also show taxes on supply and delivery.
In compliance with Con Edison’s recently approved investment plan, we’re redesigning the bill to provide more transparency, so you’ll be able to more clearly see where your money goes and what’s included in supply, delivery, and tax charges.
Con Edison pays the business taxes we are responsible for as a New York institution to support critical public services. We also collect certain taxes through customer bills that we send directly to state and local governments. Con Edison does not keep nor profit from those pass-through tax dollars. The redesigned bill will provide a more transparent view of what is in your bill.
No. The municipal property tax line will not be a new charge or rate increase. It will simply show a cost that has always been part of your bill. We’re updating the layout of your bill to make it easier for you to see where your money goes. Municipal property taxes are currently included in your delivery charge. Soon, they will be shown separately, along with other taxes, for greater transparency.
Under New York State law, utility infrastructure, such as underground gas pipes, electric lines, substations, and other equipment, is classified as real property and taxed by local governments. This line item will show your share of those municipal taxes. We collect this money and pass it directly to local governments. We do not keep it.
The energy you use is only one part of your bill. To deliver that energy safely and reliably to your home or business, it must travel through a network of substations, wires, pipes, and other equipment. Delivery charges help pay for the infrastructure and 24/7 workforce needed to operate, maintain, and restore the energy system. Taxes are required by state and local law.
Con Edison cannot set or raise delivery rates on its own. Delivery charges are reviewed and approved by the New York State Public Service Commission (PSC), the independent state regulator of utilities and their costs.
