Average NY Con Edison Bill

How much money are you paying for your New York electricity? If you’re a Con Edison customer then chances are that your average monthly energy bill is higher than it should be. And thanks to rate hikes that were approved in 2010, the average bill for customers of New York Con Ed is only going up.

Average Con Ed Bill

The New York Times reported in early 2010 on the rate hike changes that began affecting Con Ed customers that spring. Prior to the rate hike, the average New York Con Ed electricity bill was $84 per month. The rate hike was approved as a series of increases to take place over time. By 2012, the average New York Con Ed bill is expected to rise an additional ten dollars per month. That means that if you continue to remain a Con Ed customer through next year then your average electricity bill will total about $94 per month. Who wants to spend almost one hundred dollars per month on their electricity?

Average Con Ed Bill for Apartments

Many people assume that if they live in a small apartment then they’re going to get off cheap because they don’t need to use as much electricity. It’s true that the amount of energy that you use affects your electricity bill. However, Con Ed charges some of the highest rates per kilowatt-hour in the entire nation so even people in apartments in New York are paying a lot each month for energy. One recent report noted that the company is charging an average of 23.58 cents per kilowatt-hour. The cost to run just 300 kWh of energy, enough to usually power an apartment, is still more than $70 per month on average.

Suppliers Offering Much Cheaper Rates

The good news for customers in this region is that there are other options for getting your electricity besides getting it from New York Con Edison. Alternative low-cost suppliers in the area offer rates as low as $0.0999 per kilowatt-hour. Compared to the $0.2358 being charged by New York Con Ed, this is a serious bargain. It can drastically lower the average Con Edison electric bill for customers in homes of all sizes.

Publish Date: 2011-01-12 11:00:34

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