Con Edison customers in Westchester and elsewhere can expect to pay more this winter for natural gas and electricity due to increased costs the utility will need to pay its suppliers.
According to Con Edison, the average residential natural gas heating customer using an average of 165 therms per month will pay $460 a month from November 2022 to March 2023, 32% more than the average bill of $348 one year ago ”“ and supply costs account for $90 of that increase while delivery charges will account for $22.
A Westchester County customer using 600 kilowatt hours a month will have an average bill of $203, a 27% increase from last winter. A small commercial customer using 583 kilowatt hours per month will see a $44 hike in their bills, or 23%, from last winter”™s $194 to $238, while a larger commercial customer using 10,800 kilowatt hours per month with a peak demand of 31 kilowatts can expect a $706 hike, or 28%, from $2,524 to $3,230.
In a news release, Con Edison said it is “urging customers to take actions now that can help them manage costs this winter as market prices for electricity and natural gas are expected to be substantially higher.” The utility added that energy prices have been rising across the U.S. and “are changing quickly with significant shifts on a daily basis,” noting that natural gas supplies are expected to remain tight this winter.