ConEd Files Corrected 12-Month Average Utility Supply Rates For ESCO Price Cap, Due To Computational Error

February 3, 2020

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Reporting by Paul Ring • ring@energychoicematters.com

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Consolidated Edison has filed revisions to correct its previously filed 12-month trailing average utility supply rates, which are to be used as a price cap for certain ESCO offers, due to an "inadvertent computational error" reflected in several of the originally filed rates

ConEd has revised 12-month trailing average utility supply rates for both the electric and natural gas rates, including for residential electric customers in Zone J and small commercial electric and gas customers

ConEd's revised 12-month trailing average utility supply rates, along with the originally filed rates, are below:

Con Edison's Trailing 12 Month Average Electric Supply Price - January 2019 to December 2019

ConEd Electric (cents per kWh)

SC1 Rate I - Residential
             Original     Corrected
              Filing        Rate
Zone H        6.511        6.511
Zone I        6.528        6.528
Zone J        7.851        7.867



SC2 Rate I - General - Small
             Original     Corrected
              Filing        Rate
Zone H        4.488        6.291
Zone I        6.933        6.658
Zone J        9.147        8.088

Note: ConEd also revised several of the 12-month average rates for ConEd's optional Time of Day rates for SC1 and SC2 customers; the revised rates can be found in ConEd's filing here

Con Edison's Trailing 12 Month Average Gas Supply Price - January 2019 to December 2019

ConEd Gas (cents per therm)

                         Original   Corrected
                          Filing       Rate
SC1 Residential           45.207     45.207
SC2 General Firm Rate I   44.823     44.823
SC2 General Firm Rate II  51.422     56.645
SC3 Residential Heating   53.076     57.368

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