Con Edison

About Con Edison

With their main offices in New York, New York, Con Edison offers electricity services 4 states throughout the United States. There are 3,450,043 customers of the company. Exactly 6,961 of them are industrial customers, 483,503 are commercial accounts, 2 are transportation customer accounts and 2,959,577 of them are residential accounts. On average, Con Edison bills their consumers a residential electricity price of 33.81 cents per kilowatt hour. Sadly for their consumers, this rate is higher than the United States average rate 16.13 cents per kilowatt hour. In 2023 they had sales to end customers totaling 25,656,244 megawatt hours and wholesale sales of 25,656,244 megawatt hours. Electricity production plants owned by Con Edison generated 9.12% of the megawatt hours sourced by the provider and an additional 90.88% was procured on wholesale channels. The company had $27,029,647,100 in 2023, $37,829,600 of which came from electricity sales on the wholesale energy market and $7,056,362,000 of which came from sales to retail end-users.

The national average monthly residential electric bill is $141.25, while the Con Edison average is 3.82% less at $135.85 per month. This is the 1696th lowest average monthly bill amount for a supplier in the country. Con Edison is the 13th largest provider out of 3530 providers in the nation based on number of customers. Con Edison ranks as the 122nd highest electricity producer in the US out of 3530 suppliers. Production by the supplier from natural gas totals 2,908,544 megawatt hours, which is approximately 27.24% of their total production.