Con Edison Supplier Price To Compare is a critical factor for New York residents and businesses looking to manage their energy costs effectively. At COMPARE.EDU.VN, we provide comprehensive comparisons of energy suppliers, helping you make informed decisions. By understanding the factors that influence Con Edison’s price to compare and exploring alternative supplier options, you can potentially lower your electricity bills and find a plan that suits your needs.
1. Understanding Con Edison and Its Service Area
Con Edison, formally known as Consolidated Edison, Inc., is a major investor-owned energy company serving a large portion of the New York metropolitan area. It provides electricity, natural gas, and steam to millions of customers across various boroughs and counties. To fully grasp the intricacies of comparing supplier prices, it’s crucial to understand Con Edison’s operational footprint and its role in the energy market.
1.1. Geographical Coverage
Con Edison’s electric service area encompasses:
- The Bronx
- Brooklyn
- Manhattan (New York County)
- Queens
- Staten Island (Richmond County)
- Most of Westchester County
This extensive reach makes Con Edison a primary energy provider for a densely populated and economically significant region.
1.2. Customer Base
Con Edison serves approximately 3.4 million electric customers. This includes residential, commercial, and industrial consumers, each with unique energy needs and consumption patterns.
1.3. Key Cities Served
Cities within the Con Edison service area include:
- New York City (all five boroughs)
- New Rochelle
2. Navigating Con Edison Electricity Rates
Understanding how Con Edison charges its customers is essential for making informed decisions about your energy supply. The utility’s rates are structured around two primary components: delivery charges and supply charges.
2.1. Delivery Charges
Delivery charges are the costs associated with transmitting electricity to your home or business through Con Edison’s infrastructure. These charges cover the maintenance, operation, and capital investments in the power lines, substations, and other equipment necessary to deliver electricity reliably. Key aspects of delivery charges include:
- Fixed Rates: Delivery charges are typically fixed rates, also known as tariffs, approved by the New York Public Service Commission (NY PSC).
- Infrastructure Costs: These charges ensure that Con Edison can maintain and upgrade its infrastructure.
- Tiered Rates: During the summer months (June, July, August, and September), Con Edison employs tiered delivery rates. This means the cost per kilowatt-hour (kWh) varies based on usage, with higher rates for consumption exceeding a certain threshold (e.g., 250 kWh).
2.2. Supply Charges
Supply charges represent the cost of the electricity you consume. These charges cover the actual energy you use and can be sourced either from Con Edison or from an alternative energy supplier. Key aspects of supply charges include:
- Price to Compare (PTC): Con Edison offers a default supply rate known as the Price to Compare (PTC). This rate is what customers pay if they do not choose an alternative supplier.
- Energy Choice Program: New York’s Energy Choice program allows customers to select their energy supplier from a variety of competitive retail energy service companies (ESCOs).
- ESCO Benefits: ESCOs can offer competitive fixed-rate plans, providing customers with price stability and potential savings.
2.3. Con Edison Zone Charges
New York State is divided into several load zones by the New York Independent System Operator (NYISO). These zones impact electricity rates due to variations in supply and demand across the state. Key considerations include:
- NYISO Load Zones: The NYISO manages the state’s bulk electricity grid and wholesale electricity markets, dividing the state into 11 load zones (A through K).
- Con Edison Zones: Con Edison operates in zones H, I, and J.
- Rate Variations: Both supply and delivery rates can vary between zones, affecting the final cost of electricity for consumers in different areas.
2.4. Understanding the Price to Compare (PTC)
The Price to Compare (PTC) is a crucial benchmark for evaluating energy options. It reflects the cost Con Edison incurs to purchase and transmit electricity, passed directly to customers without mark-up.
- Default Rate: The NY PSC requires Con Edison to offer a default service rate to customers who do not choose an alternative supplier.
- Components of PTC: The PTC includes the Supply charge, Merchant Function Charge, Clean Energy Standard Supply Surcharge, and Gross Receipts Taxes.
- Market Supply Charge (MSC): The MSC is a significant part of the Supply charge and is based on NYISO day-ahead market prices, Ancillary Services Charges, NYPA Transmission Adjustment Charges, and Transco Facilities Charges.
- Seasonal Variations: Due to fluctuating demand, Con Edison’s Supply charge rates can vary seasonally, typically peaking in the summer due to high air conditioning usage.
2.5. Current Con Edison PTC Rates
As of late 2024 and early 2025, the Con Edison PTC rates are:
- Zone H: 23.600 cents per kWh (expires 7/31/2025)
- Zone I: 23.600 cents per kWh (expires 7/31/2025)
- Zone J: 23.600 cents per kWh (expires 7/31/2025)
2.6. Estimating Monthly Costs
To understand the real-world impact of these rates, consider the average residential electricity usage in Con Edison’s service area. According to the NY PSC, residential customers (excluding low-income households) use approximately 412 kWh per month. Based on this, an average monthly bill in Zone I would be:
| Rate per 412 kWh Used | Monthly Customer Charge | Total |
|---|---|---|
| PTC Supply Rate, Zone I (excluding MFC and other surcharges) | 23.600 cents | $97.23 |
| Monthly Distribution Charges (non-summer rate, excluding riders) | $0.11976 per kWh | $65.84 |
| Total Bill | $163.07 |
3. Exploring New York Energy Choice
New York’s Energy Choice program empowers consumers to select their electricity supplier, fostering competition and potentially lowering costs.
3.1. Benefits of Energy Choice
- Competitive Rates: ESCOs purchase electricity on the wholesale market and can offer competitive rates compared to Con Edison’s PTC.
- Fixed-Rate Plans: Many ESCOs offer fixed-rate plans, providing price stability for a specified contract term (e.g., 3 to 36 months).
- Variable-Rate Plans: ESCOs also offer variable-rate plans, where the price can fluctuate monthly based on market conditions.
- Flexibility: Variable-rate plans often have no contract termination fees, allowing customers to switch suppliers without penalty.
3.2. Types of Energy Plans
- Fixed Rates: Fixed-rate plans provide price stability over the contract term, allowing customers to budget their energy costs more predictably. However, these plans may include early cancellation fees.
- Variable Rates: Variable-rate plans offer flexibility, with rates that can change monthly. While there is no long-term commitment, rates can increase or decrease based on market conditions.
3.3. Factors to Consider When Choosing a Supplier
- Rate Comparison: Compare the ESCO’s rate to Con Edison’s PTC to determine potential savings.
- Contract Terms: Review the contract length, early cancellation fees, and renewal terms.
- Additional Fees: Check for any recurring monthly charges or hidden fees.
- Customer Incentives: Consider any incentives, rewards programs, or bundled services offered by the supplier.
4. Steps to Finding the Best Con Edison Supplier Price
To effectively compare Con Edison supplier prices, follow these steps:
4.1. Gather Your Information
- Recent Bill: Obtain your most recent Con Edison bill to understand your energy usage patterns and current charges.
- PTC Rate: Identify the current Con Edison PTC rate and its expiration date.
- Account Number: Have your Con Edison account number ready for easy sign-up with a new supplier.
4.2. Use Online Comparison Tools
- COMPARE.EDU.VN: Utilize online comparison tools like COMPARE.EDU.VN to enter your zip code and view available energy plans from different suppliers.
- Filter Options: Use filters to narrow down your options based on rate type (fixed or variable), contract length, and other preferences.
4.3. Evaluate Supplier Offers
- Compare Rates: Compare the rates offered by different ESCOs to Con Edison’s PTC.
- Review Terms: Carefully review the terms and conditions of each plan, including contract length, cancellation fees, and any additional charges.
- Check Supplier Reputation: Research the reputation of the ESCO, looking for customer reviews and ratings.
4.4. Make an Informed Decision
- Choose the Best Plan: Select the plan that best meets your needs, considering both price and contract terms.
- Sign Up: Sign up for the chosen plan, providing your Con Edison account number and other required information.
5. Understanding Your Con Edison Bill
To make informed decisions about your energy usage and costs, it’s essential to understand the components of your Con Edison bill.
5.1. Key Sections of the Bill
- Billing Information (A): This section includes the amount due, payment due date, your name, account number, service address, and next meter read date.
- Billing Summary (B): This details the billing period, amount paid in your last bill, and current charges due.
- Usage Summary (C): This section shows your average daily electric usage for the year, helping you compare your energy consumption over time.
- Message Center (D): This section provides important notifications from Con Edison.
- Billing Payment Stub (E): This includes your account number, service address, amount due, and due date.
- Usage Information (F): This section shows the read date, meter number, metering numbers, and total usage, along with charges from your Electric Generation Supplier.
- Con Edison Charges (G): This section details Con Edison’s monthly delivery charges and total charges due.
- Reference Information (H): This section provides helpful information about bill terms, charges, and surcharges.
- Payment Options (I): This section shows your bill payment options, including online, phone, and in-person methods.
5.2. Tracking Your Energy Usage
Con Edison provides tools for tracking your energy usage. You can access 24 months of your home’s electric usage information on your monthly bill or by logging into your Con Edison account.
5.3. Tips for Reducing Energy Consumption
- Seal Doors and Windows: Prevent drafts by sealing doors and windows.
- Add Insulation: Insulate your attic and basement to improve energy efficiency.
- Use Programmable Thermostats: Install programmable or smart thermostats to optimize heating and cooling schedules.
- Energy-Efficient Appliances: Use energy-efficient appliances and lighting.
6. Con Edison Discounts, Rebates, and Promotions
Con Edison offers several programs to help customers save money and improve energy efficiency.
6.1. Energy Efficiency Programs
| Program Name | Program Type | Benefit |
|---|---|---|
| HVAC Rebates Program | Energy Efficiency Rebate Program | Residential and multifamily home customers can receive rebates on high-efficiency heating and cooling systems, including geothermal, central air conditioning, ductless systems, and water heating. Customers can get instant rebates up to $550 off the installation of new gas water heaters, pool heaters, furnaces, or boiler systems. By working with participating NYS Clean Heat program contractors, customers can earn substantial rebates and tax credits. |
| Appliance Rebate Program | Energy Efficiency Rebate Program | Rebates are available for energy-saving LED bulbs, water heaters, washers, dryers, refrigerators, freezers, and ventilation fans. Rebates range from $25 to $400. Customers can shop the online Con Ed Marketplace to take advantage of these rebates. |
| Residential Energy Assessment & Upgrades | Energy Efficiency Program | Qualifying customers can sign up for $6,500 upgrades to improve home energy efficiency. This includes inspecting your home, identifying areas of energy waste, installing energy-saving insulation, and making HVAC upgrades. |
| No-cost Energy Efficiency Upgrades | Residential Energy Efficiency | In partnership with the New York State Energy Research and Development Authority, Con Edison provides no-cost energy efficiency upgrades to eligible customers, including a free energy audit, installation of high-efficiency lighting, attic and wall insulation, replacement of old refrigerators and freezers, and installation of water-saving showerheads. Additionally, customers receive a monthly electric bill credit of between $5 and $15. |
6.2. Bill Payment Assistance Programs
| Program Name | Program Type | Benefit |
|---|---|---|
| Payment Arrangements | Bill payment assistance | Con Edison offers payment arrangements to allow residential customers to pay their account balance in monthly installments. These installments are billed along with your current monthly charges and both must be paid on time, in full each month. |
| Con Ed Energy Share | Bill payment assistance | Customers with an active disconnect notice may qualify for up to $200 toward their bill once every three years. Applicants must be HEAP income eligible and provide proof of one good faith payment in the last twelve months. |
| Low Income Discount | Bill payment assistance | Con Edison works with many regional programs to help low-income families receive a discount on their bills if they are enrolled in an eligible program, such as HEAP, SNAP, SSI, TANF, Medicaid, and Safety Net Assistance. |
7. Assessing Con Edison’s Performance
Understanding Con Edison’s performance and customer satisfaction levels can provide additional insights into the utility’s service quality.
7.1. Customer Reviews and Ratings
- Better Business Bureau (BBB): While Con Edison is not accredited with the BBB, it’s essential to review any available ratings or customer complaints.
- J.D. Power: Con Edison ranked in the top five in J.D. Power’s 2020 utility residential customer satisfaction study, indicating a relatively high level of customer satisfaction.
- Newsweek: Con Edison scored well on Newsweek’s America’s Most Responsible Companies 2021 Survey, highlighting its commitment to corporate responsibility.
7.2. Comparing Con Edison to Other Utilities
Comparing Con Edison to other large-scale utilities can offer a broader perspective on its performance. Factors to consider include:
- Customer Satisfaction Scores: Compare J.D. Power scores and other customer satisfaction metrics.
- Reliability Metrics: Evaluate outage frequency and duration compared to other utilities.
- Rate Structures: Compare delivery and supply rates to those of similar utilities in the region.
8. Key Questions to Ask When Shopping for Electricity
To make an informed decision when shopping for electricity plans, be sure to ask these key questions:
8.1. Rate and Contract Details
- Fixed or Variable Rate: Is the rate fixed or variable?
- Rate Competitiveness: Is the rate competitive with the current Con Edison supply rate?
- Contract Term: How long does the plan contract term run?
- Contract Expiration: Does the plan’s contract term last longer than Con Edison’s PTC rate?
- Monthly Charges: Does the plan include any recurring monthly charges?
- Cancellation Fee: Does the plan have an early cancellation fee?
- Incentives: Does the supplier offer any customer incentives or rewards programs?
- Contract Expiration Process: What happens when the contract expires?
8.2. Understanding Terms of Service
- Terms of Service: Customer Choice Plans must include Terms of Service that explain specific charges and fees.
- Early Termination Fees: Switching suppliers before a contract ends can involve paying early termination fees.
8.3. Accessing Usage Information
- Usage History: Con Edison customers can request 24 months of their energy usage free of charge.
9. Contacting Con Edison for Assistance
If you experience any issues with your Con Edison service, it’s important to know how to reach the utility for assistance.
9.1. Billing Problems
- Customer Service: Contact Con Edison Customer Service at 1-800-752-6633.
- Payment Extension: Apply for a payment extension by calling Customer Service or applying online.
9.2. Emergencies and Outages
- Safety Hazards: Report safety hazards involving power lines immediately to Con Edison at 1-800-914-9112.
- Report Outages: Report downed lines or outages at Con Edison’s website.
- Outage Map: Check Con Edison’s current electric outages as they are being repaired.
10. Conclusion: Making the Right Choice with COMPARE.EDU.VN
Choosing the right Con Edison supplier and understanding the Price to Compare is crucial for managing your energy costs effectively. By leveraging the resources and comparisons available at COMPARE.EDU.VN, you can make informed decisions that align with your energy needs and budget.
10.1. Key Takeaways
- Understand Con Edison Rates: Familiarize yourself with delivery charges, supply charges, and the Price to Compare.
- Explore Energy Choice: Take advantage of New York’s Energy Choice program to compare offers from alternative suppliers.
- Evaluate Plans Carefully: Review contract terms, rates, and customer incentives before making a decision.
- Monitor Energy Usage: Track your energy consumption and implement energy-saving measures to reduce your bills.
- Utilize COMPARE.EDU.VN: Use COMPARE.EDU.VN to access comprehensive comparisons, valuable insights, and the latest information on energy suppliers.
By taking a proactive approach to managing your energy choices, you can potentially save money, improve your home’s energy efficiency, and contribute to a more sustainable energy future.
Ready to take control of your energy costs? Visit COMPARE.EDU.VN today to compare Con Edison supplier prices and find the best energy plan for your needs. Our comprehensive comparison tools and expert resources will empower you to make informed decisions and maximize your savings.
Address: 333 Comparison Plaza, Choice City, CA 90210, United States
Whatsapp: +1 (626) 555-9090
Website: COMPARE.EDU.VN
FAQ: Con Edison Supplier Price to Compare
1. What is Con Edison’s Price to Compare (PTC)?
The Price to Compare (PTC) is the default rate that Con Edison charges for electricity supply if you do not choose an alternative energy supplier. It represents the cost Con Edison incurs to purchase and transmit electricity, passed directly to customers without mark-up.
2. How can I find the best Con Edison supplier price?
To find the best Con Edison supplier price, compare rates from different energy suppliers using online comparison tools like compare.edu.vn. Evaluate contract terms, rates, and customer incentives before making a decision.
3. What factors affect Con Edison’s electricity rates?
Factors affecting Con Edison’s electricity rates include delivery charges, supply charges, zone charges, and seasonal variations in demand. Delivery charges cover infrastructure costs, while supply charges cover the cost of electricity generation.
4. What is the New York Energy Choice program?
The New York Energy Choice program allows consumers to choose their electricity supplier from a variety of competitive retail energy service companies (ESCOs). This fosters competition and potentially lowers costs.
5. What are the benefits of choosing an alternative energy supplier?
Benefits of choosing an alternative energy supplier include competitive rates, fixed-rate plans for price stability, variable-rate plans for flexibility, and potential savings compared to Con Edison’s PTC.
6. How do I compare fixed-rate and variable-rate energy plans?
When comparing fixed-rate and variable-rate plans, consider your risk tolerance and budget predictability needs. Fixed-rate plans offer price stability but may have early cancellation fees, while variable-rate plans offer flexibility but can fluctuate with market conditions.
7. What should I look for in an energy supplier contract?
In an energy supplier contract, look for the contract length, early cancellation fees, any recurring monthly charges, customer incentives, and the process for contract renewal or termination.
8. How can I lower my Con Edison bill?
To lower your Con Edison bill, reduce your energy consumption by sealing doors and windows, adding insulation, using programmable thermostats, and utilizing energy-efficient appliances. Also, compare supplier prices and choose a competitive energy plan.
9. What assistance programs does Con Edison offer?
Con Edison offers several assistance programs, including HVAC rebates, appliance rebates, residential energy assessments, no-cost energy efficiency upgrades, payment arrangements, energy share programs, and low-income discounts.
10. How do I report a Con Edison outage?
To report a Con Edison outage, call 1-800-914-9112 or visit Con Edison’s website. You can also check the current electric outages being repaired on Con Edison’s outage map.
