Consolidated Edison Co-NY Inc electricity rates

It is the dominant supplier in New York, serving 2.7 million residential customers, so its pricing effectively sets what the state average looks like. At 35.66¢ per kilowatt-hour it is among the more expensive utilities in New York, 19.1% above the statewide average of 29.93¢.

Its customers use very little electricity by national standards, 365 kilowatt-hours a month against 871 nationally. Dense housing, a mild climate or heating that runs on gas rather than electricity all push consumption down, and any of them can leave a household with a modest bill despite a high rate.

A shareholder-owned company whose rates are set by the state regulator, including an approved return on the capital it has invested. That matters because a bill is not only the cost of generating electricity: it also carries the cost of the network, and who owns that network changes how it is paid for.

In 2024 the average Consolidated Edison Co-NY Inc customer went 28 minutes without electricity across 0.13 interruptions. The median across the 941 utilities that report this is 185 minutes.

That is markedly better than typical. Short outage durations usually mean an underground or heavily automated network, and they are expensive to achieve, which is part of why reliable systems often carry higher delivery charges.

70,078 residential customers had net-metered solar in 2024, totalling 397.34 megawatts. That works out to 25.8 installations per thousand customers, against a median of 8 across the utilities reporting it.

Adoption is above the national median, which generally tracks the retail rate more closely than it tracks sunshine. What exports are actually worth.