Billmatrix Con Edison (2024)

FAQs

Why is the Con Edison delivery charge so high? ›

As a monopoly, regulated utilities like Con Edison legally can't profit from of the electricity they sell. Instead, they make money by building infrastructure and charging their customers a premium for it through delivery rates.

2024 Summer Bill Outlook

New York City residential customers may see an 11% increase in summer bills due to higher delivery charges. For the same reason, Westchester residential customers may see a 12% increase. Weather conditions and individual usage will also affect billing.

Most utility bills typically have no impact on your credit score because the information is not generally reported to credit bureaus as they are not credit accounts.

Consider weather conditions and lifestyle changes that could have increased the amount of energy you used. Read your meter. It will be a little higher than what's on your bill because you'll have used more since your meter was last read. Contact us.

The reasons for these high rates of increase are numerous. Two of the most important are major upticks in the cost of natural gas used by power plants and rising costs associated with the upkeep of the electric grid.

Run appliances during off-hours. Reduce heat and moisture in your home by running appliances in the early morning or evening when it's cooler out. Keep shades, blinds, and curtains drawn. About 40 percent of unwanted heat comes through windows.

If you think you have an erroneous bill, file a complaint with the state Department of Public Service if you cannot resolve the issue with Con Ed directly.

Electricity is often cheaper late at night or early in the morning, so you can save on your electric bill if you run your heaviest loads during those times. These are typical off-peak hours when not as many people are using electricity.

If you keep up with your utility, rent and phone bills and that activity is reported to credit bureaus, it could help boost your credit. That's because your payment history is an important factor when it comes to your credit scores.

In 2020, Con Edison responded by offering fee-free digital payment options to residential and small commercial customers. Credit card usage increased from five percent in 2019 to 10 percent in 2021 after dropping the credit and debit card fees.

Does paying rent build credit? ›

If you regularly pay your rent on time and in full, you can have your good payment history reported to credit bureaus to help raise your credit score through a rent-reporting service.

Heating and cooling are by far the greatest energy users in the home, making up around 40% of your electric bill. Other big users are washers, dryers, ovens, and stoves.

While all of your charges are shown together on one bill, we use this section to list your delivery charges (SCE charges get the electricity to your home or business) and generation charges (CCA charges to procure the electricity you use) separately and we identify them using the single individual service account ...

A significant portion of what customers pay doesn't go into drivers' pockets. Instead, it feeds into various other channels: Platform Fees: A large share of the costs associated with each order are “service fees” or “delivery fees” that go directly to the company, not the driver.

There are many reasons for these high rate increases – two major ones are the increased cost of natural gas used by power plants and the rising costs to maintain our electric grid. As our grid continues to age, significant investments are required to modernize it and ensure reliable power delivery.

In a pinch, the easiest way to think of them is this: Supply is the cost of the electricity you consume, and delivery is the cost of getting it to you. One other thing to note is the electric rate and billing period up top.

SCE Delivery Rate is a charge assessed by SCE to deliver electricity to your home. This rate depends on usage. Surcharges represents the Cost Responsibility Surcharge (CRS) and Franchise Fee (FF) that are applicable to Community Choice Aggregation (CCA) customers and SCE customers that elect a Green Rate.