Compare Electricity Rates in New York

About Con Edison (Con Ed)

Con Edison, formally Consolidated Edison Company of New York, provides electric, natural gas, and steam service in New York City and Westchester County. Its service territory covers New York City and Westchester County, with gas service available in parts of the area. 

Con Edison operates the local energy delivery system and provides services such as account management, billing support, service requests, and outage assistance. 

Con Edison Electricity and Gas Options

Con Edison provides electricity and natural gas delivery services within its service territory. Customers can also choose an energy service company (ESCO) for their electricity or natural gas supply. 

Energy rates can change based on the applicable rate and market conditions. Con Edison publishes its current rates and information about how rates affect customer bills. 

Utility vs. ESCO(CPG): What’s the Difference?

Energy Deregulation in New York

New York deregulated its energy market so customers can choose their own electricity and natural gas supplier instead of relying solely on their utility’s default rate. Your utility still handles delivery and outages, but you decide who supplies the actual energy.

When multiple suppliers compete, it drives better pricing and gives customers more plan choices than a single fixed rate set by one utility. Switching is optional but if you don’t choose a supplier, you simply stay at your utility’s default rate, which fluctuates with the market.

To plan ahead, CPG offers fixed-rate plans so your price stays locked in for your full term instead of moving with the market. Pick an energy plan with tenure of 3, 6, 9, or 12 months to match your needs, paired with affordable, renewable-friendly pricing, so you can budget your energy costs with confidence.

FAQs 

1. Is Con Edison a utility or an ESCO?

Con Edison is a utility, not an ESCO. It provides energy delivery service, while an ESCO (Energy Service Company) can supply the electricity or natural gas you purchase.

If you choose an ESCO, Con Edison still remains responsible for the physical delivery of your energy. According to Con Edison, it continues to read your meter, handle service calls, and respond to emergencies.

The difference is essentially:

• Con Edison: delivers the energy and maintains the utility system.
• ESCO: supplies the electricity or natural gas under the plan you choose.
• Customer: can choose to purchase supply from Con Edison or an ESCO.

So, choosing an ESCO does not mean replacing Con Edison as your utility.

2. Why do Con Edison’s rates change?

Con Edison’s electricity supply charges can change because the supply cost is tied to energy market conditions and usage. The delivery portion of the bill is separate from the supply charge. Con Edison explains that residential supply charges include its Market Supply Charge and related adjustments, with supply based on electricity usage measured in kilowatt-hours (kWh).

For customers comparing suppliers, New York’s Power to Choose platform lists ESCO offers and states that those offers are continuously updated as market conditions change.

When comparing an ESCO plan, look beyond the advertised rate:

• Is the rate fixed or variable?
• How long does the contract last?
• Are there renewal terms or cancellation fees?
• How does the supplier’s rate compare with Con Edison’s current supply price?

A fixed-rate plan can provide price consistency during the contract period, but the actual contract terms determine how the plan works.

3. What does Con Edison cover if I switch to an ESCO?

Switching to an ESCO changes the supplier of your energy, not the utility that delivers it to your property.

Con Edison confirms that customers who choose an ESCO still receive delivery service from Con Edison. The utility continues to:

• Deliver electricity or natural gas
• Read the meter
• Handle service calls
• Respond to emergencies

You therefore do not need a different physical electricity or gas connection simply because you change suppliers.

The ESCO handles the energy supply under the terms of the agreement you sign with it.

4. Can I switch back to Con Edison after choosing an ESCO?

Yes. You can switch back to Con Edison or choose a different ESCO. Con Edison specifically states that customers can return to Con Edison if they want to change their supplier.

New York’s Public Service Commission also sets out a process for customers returning to full utility service. Under the current rules, a customer can arrange the return through either the ESCO or the utility, with the applicable process depending on the circumstances.

Before switching, check your ESCO agreement for:

• Contract length
• Renewal conditions
• Cancellation requirements
• Any applicable early termination fee

Returning to Con Edison does not require changing the physical delivery infrastructure at your property.

5. Does choosing an ESCO affect my Con Edison bill?

It can change how your supply charges appear, but it does not remove Con Edison as your delivery utility.

Con Edison says customers may receive one consolidated bill or separate bills for supply and delivery, depending on the billing arrangement available with the ESCO. You will still have access to your utility usage and billing history.

The important distinction is between the two parts of your energy cost:

• Supply: the cost of the electricity or natural gas you purchase.
• Delivery: the cost associated with getting that energy to your home or business through the utility system.

If you choose an ESCO, the ESCO’s supply price replaces Con Edison’s supply price. Your delivery service remains with Con Edison.

6. What areas does Con Edison serve?

Con Edison serves all of New York City and Westchester County. Its service territory covers electricity throughout New York City and Westchester, while gas availability varies by location.

Con Edison’s current service-territory information lists:

• Electric service: New York City and Westchester County
• Natural gas: parts of New York City and Westchester County
• Electric customers: about 3.6 million
• Natural gas customers: about 1.1 million

For example, Con Edison provides electric and gas service in the Bronx and Manhattan, while Brooklyn and Staten Island are listed as electric-only areas. Queens has both electric and gas service in its northern half, while the southern half is electric-only.

Because gas availability is location-specific, customers should verify service for their particular address rather than assuming that every property in Con Edison’s territory has gas service.