Consolidated Edison, commonly known as Con Edison, is a regulated utility company that provides electric, gas, and steam services to customers in New York City and Westchester County. The company serves approximately 3.4 million electric customers and 1.1 million gas customers in its service territory, which covers a total of 660 square miles. Con Edison has a diverse energy portfolio, with a mix of traditional fossil fuels, nuclear energy, and renewable energy sources. The company's electric system includes over 91,000 miles of underground and overhead power lines, while its gas system consists of more than 4,300 miles of gas mains and service lines. In addition to its core business of delivering energy, Con Edison is also committed to promoting energy efficiency and sustainability through various programs and initiatives.
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Con Edison's energy comes from natural gas, nuclear, biomass, and other fossil. Natural Gas is the largest source of electricity, providing 88% of Con Edison's energy. Nuclear is the second largest source, making up 11%. Biomass provides 1% of Con Edison's electricity. Other Fossil provides 1% of Con Edison's electricity.
87%
Natural Gas
11%
Nuclear
1%
Biomass
1%
Other Fossil
The average electricity rate for Con Edison customers is 27.33 cents/kWh. Con Edison has several different electricity rates for residential customers, as shown in the table below.
Rate Name | Rate Type | Cost Per kWh |
Rate I - Residential and Religious | Fixed | 16¢ to 18¢ |
SC-1 Residential & Religious Vountary TOD (Rate II) [NYC] | TOU | 4¢ to 74¢ |
SC-1 Residential & Religious Voluntary TOD (Rate III) [NYC] | TOU | 4¢ to 107¢ |
SC-1 - Residential & Religious Service [Westchester] | Fixed | 16¢ to 18¢ |
SC-1 Residential & Religious Voluntary TOD (Rate III) [NYC] | TOU | 4¢ to 33¢ |
SC-1 - Residential & Religious Service [Westchester] | Fixed | 21¢ to 23¢ |
SC-1 Residential & Religious Vountary TOD (Rate II) [Westchester] | TOU | 7¢ to 67¢ |
SC-1 Residential & Religious Voluntary TOD (Rate III) [Westchester] | TOU | 7¢ to 63¢ |
Rate III - Residential and Religious - Voluntary Time-of-Day | TOU | 4¢ to 32¢ |
SC-1 - Residential & Religious Service [NYC] | Fixed | 22¢ to 24¢ |
SC-1 - Residential & Religious Service [NYC] | Fixed | 16¢ to 18¢ |
Rate I - Residential and Religious | Fixed | 14¢ to 16¢ |
SC-1 Residential & Religious Vountary TOD (Rate II) [NYC] | TOU | 4¢ to 59¢ |
SC-1 Residential & Religious Voluntary TOD (Rate III) [Westchester] | TOU | 4¢ to 33¢ |
SC-1 Residential & Religious Vountary TOD (Rate II) [Westchester] | TOU | 4¢ to 59¢ |
In 2021, there were no outages recorded in Con Edison.
Existing Net metered Customers: Generally credited to customer's next bill at retail rate (except avoided-cost rate for micro-CHP and fuel cells); excess for residential PV and wind and farm-based biogas is reconciled annually at avoided-cost rate; excess for micro-hydro, non-residential wind and solar, and residential micro-CHP and fuel cells carries over indefinitely Phase One transition tariffs: Credits carried over to the next monthly billing period, and over annual periods, however unused credits will be forfeited at the end of the contract.