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Con Edison Forecasts Lower Summer Bills; Customers Can Save Even More with Energy Efficiency Upgrades
The projected decrease in residential bills is largely due to lower supply costs. Con Edison buys electricity on the wholesale market and provides it to customers at cost.
Monthly bills for business customers are expected to be about the same as last year. A
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The company is also expanding new and evolving technologies such as battery storage. In separate projects, batteries are in place in
“We strive to lead the transition to the clean energy future that our customers want and that new technology makes possible,” said
In a Con Edison pilot project, five
Con Edison has installed a 10.6-megawatt hour (MWh) battery system on company property in
Other investments focus on upgrades and reinforcements, including 27 network transformers and 58 overhead transformers. The company also plans to upgrade 61 underground feeder sections and 262 overhead spans. For video footage of infrastructure work, click here.
Con Edison projects that peak demand for electricity this summer will reach 13,270 megawatts. The all-time record is 13,322 megawatts, which occurred at
The company is always exploring new ways to keep service reliable. Con Edison has installed 4,000 remote monitoring devices in manholes to detect heat and gas in underground structures. By detecting heat and gas, the company can help identify needed repairs before electrical equipment fails. Con Edison also takes infrared images of underground cables to look for hot spots that might indicate a repair is needed.
Save More with Energy Efficiency Upgrades
Customers can save money by using less energy. Con Edison offers customers incentives to make money-saving upgrades to their homes and businesses. For this summer, Con Edison is offering residential customers:
Since 2009, Con Edison’s energy efficiency programs have helped about 650,000 customers make upgrades preventing 5 million tons of carbon emissions. That’s the equivalent of taking more than 1 million cars off the road.
As of 2018, the electric upgrades save nearly 2 million MWh of usage a year. The electric upgrades have saved 7.8 million MWh since 2009.
The company also encourages customers to consider whether solar energy is right for them. Customers have completed nearly 26,000 projects that produce about 248 megawatts of clean, renewable power. That is equal to 325,500 MWh a year, enough to prevent more than 230,000 tons of carbon emissions, or the equivalent of taking 49,000 cars off the road.
The customers who have chosen energy efficiency and solar help Con Edison keep service reliable by lowering the amount of power flowing on the grid at peak times.
Con Edison is a subsidiary of
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