Con Edison Has Taken Steps To "Defer" Some Electric Supply Costs

May 20, 2020

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Copyright 2010-20 EnergyChoiceMatters.com
Reporting by Paul Ring • ring@energychoicematters.com

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In a news release discussing steps it has taken to prepare for the upcoming summer, Con Edison stated that it has taken steps to defer certain electric supply costs during the coronavirus crisis

Con Edison said that, "The company projects summer bills for typical New York City residential customers will be higher this summer due to more people staying home, as well as increased supply charges by power generators. In Westchester County, supply charges may result in slightly lower bills for typical residential customers, depending on usage."

Con Edison further said in the news release that, "Con Edison does not make a profit on these supply charges and has taken steps to defer some of those costs, as customers struggle financially through the pandemic."

EnergyChoiceMatters.com confirmed with a Con Edison media relations representative that this language refers to a deferral of electricity supply costs

Con Edison stated, "A typical New York City residential customer using 350 kilowatt hours per month can expect a 9.5 percent increase [on a total bill basis] from $99.14 in 2019 to $108.53 per month in the June-to-September period. A typical Westchester residential customer using 500 kilowatt hours per month can expect an average decrease of 3 percent from $121.32 in 2019 to $117.63 per month."

Asked specifically about the deferral of these electric supply costs, a Con Edison media relations representative told EnergyChoiceMatters.com that, "We are deferring the collection of these costs from customers during the coronavirus crisis. Without the deferral, NYC residential bills would have risen by 13 to 14 percent, instead of the 9.5 percent that the release specifies."

Con Edison in the news release stated, "Con Edison is working with customers on payment plans, has suspended turnoffs for non-payment and is waiving new late fees. The company advises that the best way for customers to manage their bills is to conserve on energy. Con Edison has a variety of energy efficiency programs for residential and commercial customers and offers energy-saving tips."

"Safe, reliable power is essential for New Yorkers, particularly during the health crisis," said Tim Cawley, the president of Con Edison. "We continue to invest to keep our system reliable and are accelerating the integration of clean technologies onto the grid. We also realize that these are difficult times for our customers and have taken steps to ease the financial burden and help them stay safe. Defeating the coronavirus requires a collective effort and the women and men of Con Edison are keenly focused on doing our part."

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