[ Con Edison / NY · 25-E-0072 ]
Con Edison: 3.4% approved for 3,088,999 New York homes
EFFECTIVE · ON BILLS JAN 2026
rate increase approved
What your bill becomes
Estimated at Con Edison's average effective residential rate (36.74¢/kWh, EIA, all charges included). Your tariff, fees and taxes differ.
Rate case 25-E-0072
- Jan 2025Filed with the commission as docket 25-E-0072
- Jan 2026Commission approved 3.4% (asked: 13.4%)
- Jan 2026New rates on bills
Consolidated Edison Company of New York filed with the New York Public Service Commission on January 31, 2025 for about $1.61 billion in new electric delivery revenue, an 11.4% rise in total revenues; state staff estimated a 600 kWh residential customer's total bill would rise 13.4%, or $26.60 a month. The company cited property taxes, new infrastructure for demand growth and storm resilience, and asked for a 10.1% return on equity. On January 22, 2026 the commission instead adopted a three-year joint proposal worth $234 million, $409.7 million and $421.1 million in successive rate years at a 9.4% return on equity. For the 600 kWh customer the total bill rises 3.4% in 2026, 3.2% in 2027 and 3.1% in 2028 (3.9% in 2026 for a 280 kWh customer), with the new rates applied retroactively from January 1, 2026.
Rate history 2015–2025
| Year | ¢/kWh | Change | Customers |
|---|---|---|---|
| 2015 | 26.30¢ | — | 2,886,033 |
| 2016 | 24.91¢ | −5.3% | 2,896,029 |
| 2017 | 25.34¢ | +1.7% | 2,910,280 |
| 2018 | 26.36¢ | +4.0% | 2,934,275 |
| 2019 | 25.30¢ | −4.0% | 2,959,949 |
| 2020 | 26.15¢ | +3.4% | 2,941,214 |
| 2021 | 27.33¢ | +4.5% | 2,940,729 |
| 2022 | 28.76¢ | +5.2% | 3,006,324 |
| 2023 | 31.58¢ | +9.8% | 3,040,543 |
| 2024 | 35.66¢ | +12.9% | 3,064,038 |
| 2025 | 36.74¢ | +3.0% | 3,088,999 |
How this compares
Con Edison files with the EIA as Consolidated Edison Co-NY (utility ID 4226).
Serves 6 counties in New York: Bronx, Kings, New York, Queens, Richmond, Westchester. 395 ZIP codes.
Questions
Did Con Edison get a rate increase?
Yes. The New York Public Service Commission approved 3.4% in docket 25-E-0072 in Jan 2026, with new rates on bills from Jan 2026. The company had asked for 13.4%.
What does Con Edison charge per kWh?
Con Edison's average effective residential rate was 36.74¢ per kWh in 2025 (EIA-861, revenue divided by sales, all charges included). New York's 2025 average was 26.39¢.
How much have Con Edison rates gone up in five years?
+40.5% between 2020 and 2025, against +52.2% for New York as a whole over the latest five-year window.
How many customers does Con Edison have in New York?
3,088,999 residential customers in 2025, across 6 counties including Bronx, Kings, New York, according to the EIA-861 survey.
Where do these numbers come from?
Rates and customer counts are from the US Energy Information Administration's annual EIA-861 survey; rate-case facts are from the New York Public Service Commission docket linked on this page. Nothing here is a utility bill; use it to understand the direction and size of changes.
Sources
Last verified 2026-10-16
- NY Department of Public Service: staff memo on Con Edison's proposed electric and gas increase, Cases 25-E-0072 and 25-G-0073 (Feb 11, 2025) checked 2026-10-16
- NY Department of Public Service: Consolidated Edison electric rate case summary (requested vs approved bill impacts) checked 2026-10-16
- NY Public Service Commission: PSC dramatically reduces Con Edison's rate request by nearly 90 percent (Jan 22, 2026) checked 2026-10-16
- Consolidated Edison SEC filing: Q4 2025 earnings materials describing the approved three-year rate plan checked 2026-10-16
- Queens Chronicle: State OKs Con Ed gas, electric hikes (Jan 29, 2026) checked 2026-10-16
- EIA-861 Sales to Ultimate Customers, 2015–2025 (released 2026-10-07)
- EIA-861M monthly state averages through Jul 2026
- NREL utility-by-ZIP lookup (2024)
