How Con Edison compares with the utilities next door
| Utility | 2024 ¢/kWh | Customers | Δ vs Con Edison, ¢/kWh | $/yr difference |
|---|---|---|---|---|
| NYSEG (New York State Electric & Gas) | 18.32 | 735,192 | -17.34 | -$1,873 |
| Long Island Power Authority (LIPA) | 24.57 | 1,029,943 | -11.09 | -$1,198 |
| Con Edison (this page) | 35.66 | 2,715,069 | — | — |
2 bundled utilities (≥5,000 customers) share at least one county with Con Edison. Positive $/yr = that utility's customers pay more than Con Edison customers at the same usage. Territories are fixed by address — these gaps measure cost differences between areas, while the supply portion is separately shoppable in New York (see below).
Where Con Edison customers pay more (county benchmark)
| County | Cheapest utility in county | Their ¢/kWh | Con Edison premium, $/yr |
|---|---|---|---|
| Bronx | City of Plattsburgh | 5.02 | +$3,310 |
| Kings | City of Plattsburgh | 5.02 | +$3,310 |
| New York | City of Plattsburgh | 5.02 | +$3,310 |
| Richmond | City of Plattsburgh | 5.02 | +$3,310 |
| Westchester | NYSEG (New York State Electric & Gas) | 18.32 | +$1,873 |
| Queens | Long Island Power Authority (LIPA) | 24.57 | +$1,198 |
Multiple utilities in one county means adjoining territories, not household choice — you cannot switch wires companies. In New York you can shop the supply portion regardless of county.
Rate trend and size
| Metric | 2023 | 2024 | Change |
|---|---|---|---|
| Average price, ¢/kWh | 31.58 | 35.66 | +12.9% |
| Residential customers | 2,667,061 | 2,715,069 | +1.8% |
Ownership: Investor Owned. Including delivery-only/third-party-supply accounts, Con Edison serves 3,064,038 residential customers in NY. Statewide context: New York electricity rates.
Current residential tariff snapshot (URDB)
| Fixed charge | Energy rate, $/kWh | Effective |
|---|---|---|
| $20.00/mo | 0.265–0.289 | Feb 2025 |
Tariff structure (tiers, time-of-use, riders) determines your marginal rate; the EIA-861 average above reflects what customers actually paid all-in. Source: OpenEI URDB.
Supply vs delivery on a Con Edison bill
New York has residential electric supply choice: Con Edison delivers the power and bills a default supply rate, but you may buy the supply portion from a licensed competitor instead. Compare offers against the price to compare on the state's official shopping site: dps.ny.gov.
Full retail access for electric and gas via ESCOs in all major IOU territories (reset 2019 ESCO order: ESCOs must beat utility rate or be 100% renewable).
Counties served (NY, EIA-861 2024)
Bronx · Kings · New York · Queens · Richmond · Westchester
Head-to-head comparisons
- Con Edison vs Long Island Power Authority (LIPA)
- Con Edison vs NYSEG (New York State Electric & Gas)
Questions people ask
- Is Con Edison more expensive than other New York utilities?
- Con Edison customers paid an average 35.66 cents/kWh in 2024 — 48% above the New York volume-weighted average of 24.16 cents (EIA-861, bundled residential service).
- Can I switch away from Con Edison?
- You cannot switch the wires company — distribution territory is fixed by address. New York does allow supply choice, so you can buy the supply portion of the bill from a licensed competitor via dps.ny.gov if its offer beats the price to compare.
- How many customers does Con Edison have?
- 2,715,069 residential customers in New York in 2024 across 6 counties, per its EIA-861 federal filing. Ownership type: investor-owned.