Your energy bill consists of three parts: supply costs, delivery charges, and taxes. We expect supply costs will be the biggest driver of bill increases this winter. Supply costs are those we passed on to you, with no markup, when we buy the energy that you use. Supply costs fluctuate and are typically affected by weather, demand, and energy market trends.
Delivery: This is the cost to build, operate, and maintain the miles of pipes, wires, and buildings to bring you safe, reliable, and increasingly clean energy — plus local property taxes on this infrastructure.
Supply: Energy suppliers produce the power and provide the gas you use and then charge us for the power and gas we deliver to you. We buy the energy you use in competitive markets and pass those costs on to you.
Taxes: Local, state, and federal governments tax almost all goods and services, including energy. The taxes and fees you see on your bill are for the energy you use.
A large part of Con Edison rate increase is driven by New York City Property Tax. See video.
ConEdision Rate calculator. Not easy to understand.
Rates are to increase due to the state’s Climate Leadership and Community Protection Act (CLCPA) of 2019.