The Truth about Power Your Way
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Last updated: November 19, 2008
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ConEd purchases its electricity from several different energy suppliers (ESCOs). However, ConEd still delivers the power to your house (it owns the wires and infrastructure), reads your meter, and will continue to send you a bill for the service. Using the PowerYourWay program, you are telling ConEd which ESCO to purchase energy from. ConEd will then pass on to you the energy supply price for this ESCO (every ESCO charges different rates). ConEd will bill you for the delivery price, which is normally around 7 ¢/KWH (see Historical ConEd Electricity Prices chart below). For more information on how this works, go to http://www.poweryourway.com.
To understand the program, take a look at the sample
bill on ConEd's web site. The sample bill
includes electricity and gas, but we track only electricity on the web
site.
The New York Times explains
the new Con Ed bill here
(August 2, 2008).
If you switch to another ESCO, ConEd will continue to mail you your entire bill. However, the Supply Cost and Sales Tax (4%) will appear on a separate page in your bill.
| Component | Sample bill rate | Description |
| Supply charges | 13.3457 ¢/KWH | This is the rate charged by the ESCO to supply the energy to
you. It varies by ESCO and by time of year, unless you are on a
fixed-rate plan. |
| Basic service charge | $11.04 | This charge does not include usage and does not depend on the
ESCO or the amount of energy supplied. It varies slightly each
month. |
| Delivery rate | 5.4200 ¢/KWH | This rate is charged by ConEd and can vary over time, but is
usually around 7¢/KWH and is the same for all ESCOs. |
| SBC/RPS |
0.2200 |
System Benefits Charge/Renewable Portfolio Standard fee does
not depend on the ESCO. |
| Sales tax | 4% | This tax is applied to the entire bill (all components). However, if you switch to an ESCO, it is waived for the Delivery rate and Basic service charge, but you will still be charged sales tax on the supply rate of your bill. |
| Customer Charge |
$0 - $4 |
This monthly charge appears only if you switch to another
ESCO from ConEd, and so it does not appear on the sample bill. It
varies from $0 to $4 or more. The "Customer Charge" for Energetix
is $0. |
PowerMovePowerMove is a program offered by ConEd to encourage you to switch to an ESCO. This program is described on the HOME page. |
| Date (meter reading) | Basic service charge ($) | Cost (¢/kwh) | Adjust. Factor (¢/kwh) | Supply cost (¢/kwh) | Merchant Function Charge |
Delivery cost (¢/kwh) | SBC/RPS |
| 4-Nov-08 |
12.95 |
7.6323 |
1.61 |
7.9013 |
0.2511 |
||
| 6-Oct-08 |
13.77 |
10.2033 |
1.58 |
8.1545 |
0.2439 |
||
| 5-Sep-08 |
13.36 |
21.3797 |
1.41 |
7.1504 |
0.2406 |
||
| 6-Aug-08 |
12.95 |
17.7623 |
1.25 |
6.3472 |
0.2415 |
||
| 8-Jul-08 |
14.19 |
13.7792 |
1.05 |
7.6208 |
0.2417 |
||
| 6-Jun-08 |
13.36 |
12.3041 |
0.97 |
7.2938 |
0.2423 |
||
| 7-May-08 |
12.95 |
11.6117 |
1.03 |
7.6702 |
0.2394 |
||
| 8-Apr-08 |
11.82 |
11.0880 |
7.3520 |
0.2400 |
|||
| 10-Mar-08 |
12.57 |
14.4100 |
5.1522 |
0.2391 |
|||
| 7-Feb-08 |
11.78 |
15.6000 |
5.2560 |
0.2400 |
|||
| 8-Jan-08 |
12.57 |
10.6900 |
7.2016 |
0.2326 |
|||
| 7-Dec-07 |
12.57 |
10.3400 |
7.3498 |
0.2305 |
|||
| 5-Nov-07 |
12.17 |
10.9100 |
7.4478 |
||||
| 5-Oct-07 | 11.39 | 10.4000 | 6.7085 | ||||
| 6-Sep-07 | 12.18 | 21.2121 | -3.3990 | 9.7 | 8.1131 | ||
| 7-Aug-07 | 11.77 | 22.3500 | -0.7190 | 15.6 | 6.0310 | ||
| 9-Jul-07 | 13.00 | 21.5966 | 0.7425 | 15.5 | 6.8391 | ||
| 7-Jun-07 | 12.17 | 21.1129 | 0.6935 | 14.5 | 7.3064 | ||
| 8-May-07 | 11.81 | 19.1022 | -0.1333 | 11.6 | 7.3689 | ||
| 9-Apr-07 | 11.94 | 18.2527 | 1.3226 | 13.0 | 6.5753 | ||
| 9-Mar-07 | 11.44 | 17.7463 | -1.1990 | 8.5-12.8 | 8.0473 | ||
| 7-Feb-07 | 11.45 | 18.6020 | -0.1692 | 10.6 | 7.8328 | ||
| 8-Jan-07 | 12.20 | 18.1982 | -0.1659 | 11.2 | 6.8323 | ||
| 7-Dec-06 | 12.97 | 17.2500 | -1.3664 | 7.6 | 8.2836 | ||
| 3-Nov-06 | 11.04 | 19.1909 | -1.1955 | 10.6 | 7.3954 | ||
| 5-Oct-06 | 10.76 | 18.9359 | 0.7607 | 13.9 | 5.7966 | ||
| 6-Sep-06 | 11.42 | 19.6777 | -0.4669 | 13.0 | 6.2108 | ||
| 7-Aug-06 | 11.77 | 20.6852 | -0.8366 | 14.3 | 5.5486 | ||
| 7-Jul-06 | 11.43 | 20.4175 | 0.4485 | 14.3 | 6.5660 | ||
| 7-Jun-06 | 11.13 | 19.6986 | -2.2660 | 9.7 | 7.7326 | ||
| 8-May-06 | 10.64 | 19.3567 | -3.5088 | 8.2 | 7.6479 | ||
| 10-Apr-06 | 11.78 | 19.7880 | -3.4130 | 9.8 | 6.5750 | ||
| 10-Mar-06 | 11.43 | 20.2548 | -5.1971 | 4.6 | 10.4577 | ||
| 8-Feb-06 | 11.43 | 22.4716 | -0.1834 | 18.2 | 4.0882 | ||
| 9-Jan-06 | 12.21 | 21.0488 | -0.2236 | 15.3 | 5.5252 | ||
| 8-Dec-05 | 13.02 | 19.9733 | 4.3904 | 20.7 | 3.6637 | ||
| 4-Nov-05 | 11.09 | 18.4213 | 4.0203 | 20.9 | 1.5416 | ||
| 6-Oct-05 | 10.99 | 18.0412 | 2.2000 | 17.0 | 3.2412 | ||
| 7-Sep-05 | 11.40 | 18.4440 | -0.0939 | 13.1 | 5.2501 | ||
| 8-Aug-05 | 11.80 | 19.0355 | 0.5888 | 15.4 | 4.2243 | ||
| 8-Jul-05 | 11.42 | 18.2000 | 0.0557 | 12.2 | 6.0557 | ||
| 8-Jun-05 | 11.50 | 17.9503 | 0.3204 | 11.7 | 6.5707 | ||
| 9-May-05 | 11.84 | 17.3158 | 0.1754 | 10.6 | 6.8912 | ||
| 8-Apr-05 | 10.33 | 16.6977 | -0.6744 | 9.8 | 6.2233 | ||
| 10-Mar-05 | 10.69 | 16.5680 | -0.3098 | 11.4 | 4.8582 | ||
| 8-Feb-05 | 11.45 | 16.8156 | 0.2011 | 11.6 | 5.4167 | ||
| 7-Jan-05 | 10.74 | 16.0585 | 0.1930 | 10.2 | 6.0515 | ||
The delivery cost is calculated as follows: Delivery cost = Cost + Adjust. Factor - Supply cost
The Delivery cost is fairly constant at around 6¢/kwh. However, it was as high as 10¢/kwh and as low as 1.5¢/kwh. The reason for this fluctuation is not known.
The Supply cost varies greatly. This is dependent on market conditions for the price of electricity.
While we make every effort to provide correct information, the information on this site may be incorrect or out of date. If you believe any information is incorrect, please contact us.