NewInsight: Investor-owned utilities charge 23% more for power

Con Edison electricity rates

What homes pay Con Edison for electricity, from EIA.

Investor-owned utility, 2,987,741 homes in New York. EIA lists it as Consolidated Edison Co-NY Inc.

Headlines

Average price
38.5¢ a kWh
Up 6.0% on a year ago
Average bill
$148 a month
Up 9.7% on a year ago
Average use
386 kWh
A month. New York 586 kWh
Price rank in New York
1 of 8
1 is the most expensive

Over the 12 months to August 2026, Con Edison homes paid 38.5¢ a kWh, against 28.6¢ across New York.

Con Edison vs New York

Con EdisonNew York
Average price, 12 months to August 202638.5¢28.6¢
Price in August 202640.0¢28.6¢
Average monthly bill, 12 months$148$168
Bill in August 2026$208$212
Average monthly use386 kWh586 kWh
Price change, past year+6.0%+11%
Price change since 2019+52%+59%

Electricity price

Average residential price a kilowatt-hour, by month.

Up to and including August 2026

Average monthly bill

What an average home pays a month.

Up to and including August 2026