RATE TERM: VARIABLE
* Annual savings estimated by PowerSetter.com using the lowest available fixed rate plan. Displayed savings are not guaranteed. Actual savings will depend on your variable rate and energy usage.
Con Edison bills are sub-divided into a few sections showing your account and address information, historical usage, and delivery and supply charges. Account information, address, and historical usage are generally displayed on the first page and are clearly marked. The breakdown presenting different components of supply and delivery charges is displayed on pages 2-3 of the utility bill. This is the most important section of the bill, and should be analysed carefully. Below we present a sample bill highlighting variable supply and delivery charges that incurred during a month.
Highlighted sections are as follows:
The Red squares show specific areas of the bill, you should pay close attention to. They also describe how to calculate the actual variable supply rate charged by your utility, and use it as a starting point when shopping for offers from alternative energy suppliers.
Red and Green break down your supply and delivery charges into market price, the actual price you paid to Jersey Central Power & Light for the electricity or gas delivered to your home, including various fees and surcharges.
While the delivery expense cannot be avoided, supply cost can be lowered if you switch energy supplier. With fixed-term rates provided by alternative energy suppliers there are no fluctuations in monthly price per kWh, no extra fees or surcharges, and no interruption of service. Additionally, by locking in a particular rate you can lower your energy bill, as some fluctuations could be extreme. The chart below shows average historical supply rates for Con Edison. Clearly, electricity prices can jump to extreme levels in a short period of time, causing significant increase in energy charges. To avoid that a lot of consumers already switched to an alternative power supplier, saving time and money! Try our comparison tool and see if you can save too!
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