ConEd Latest Utility to Offer Comparison of ESCO, Default Service Prices

Consolidated Edison will become the latest New York utility to offer a comparison of historic ESCO prices and default service rates, under a joint proposal submitted in its electric and natural gas delivery rate cases.

Specifically, under the joint proposal, ConEd will develop, in consultation with New York PSC Staff and interested parties, an online historic bill calculator that would allow retail access customers to perform a historical comparison of their prior year's ESCO bill compared to what they would have paid that year as a full service Con Edison customer.

The calculator web page will include an explanation and disclaimers with respect to the comparison of ESCO pricing to utility pricing, and other items as necessary, that will be agreed to by Staff and ConEd. ConEd will make the calculator available to parties not less than 10 days prior to implementation.

The joint proposal requires ConEd to develop and implement the calculator, "as soon as practicable but no later than December 31, 2014."

The joint proposal was signed by, among others, ConEd, Department of Public Service Staff, and the Department of State's Utility Intervention Unit.

See related story today on expansion of ConEd Mandatory Hourly Pricing

See related story today on ESCO Portability, Other Retail Access Issues in JP

Case 13-E-0030