Questions About Your Con Edison Net Energy Meter Bill Answered
Consolidated Edison, Inc., commonly known as Con Edison or Con Ed, is one of the world’s largest energy-delivery companies. It was founded in 1823, and to date, Con Edison provides electric, natural gas, and steam services to over 10 million residents in New York City and Westchester County.1
How to Read Your Con Edison Net Energy Meter Bill
We have created a quick and easy way to read your Con Edison Net Energy Metering Bill. See our PDF for more details!
Common Questions About Your Con Edison Bill
1. How Do I Read My Con Edison Bill Once My Panels Are Up?
Once your system set-up and inspections are complete, your solar provider will notify Con Edison to request and install a net meter to record your solar production. Your net meter measures the difference in the energy generated by your panels and the electricity your home consumes from Con Edison’s grid, in case your system does not produce enough power to meet your monthly, like on unusually cloudy days or at nights.2
The measuring process is called Net Energy Metering (NEM),3 and it allows you to export any excess energy you generate back to Con Edison’s electric grid — which causes your net meter to record in reverse and get credits for future billing periods.4
Unless your system produces more power than you need, your Con Edison bill will look exactly the same. But if you happen to generate a surplus of energy, it will include a detailed summary page showing your solar credits. Any credits left over from your past billing period will be applied, but regardless of the number you have, each month you have to cover a basic service charge to support the maintenance of Con Edison’s electric grid.5 View a sample Con Edison bill.
Once per year, Con Edison will pay you for any unused solar credits, making your credit count reset to zero. By default, you get paid each January. However, you can choose to cash out your credits any other month. Most customers prefer to do it in a month when they anticipate having less solar credits. Yet, Con Edison recommends for you to monitor your home energy use through a full year before changing your cash-out month.6
2. What Are Time-of-Use (TOU) Rate Plans?
If you are able to manage and control your energy habits, Con Edison’s TOU plans could efficiently help you reduce your electricity costs. By shifting the use of your power-hungry appliances to off-peak periods — early mornings or at nights — you will pay less for electricity compared vs. Con Edison’s standard residential rates.7 View Con Edison’s residential time periods and delivery rates.
3. Is It Possible to Enroll in Con Edison’s TOU Plans If I Have a Solar System?
Although Con Edison’s TOU rate plans are available to all customers, they do not recommend these type of plans to rooftop solar (NEM) customers, because credits for excess energy can only be used to offset consumption in the same period you generated the credits.
For example, if you produce credits during a peak period, you cannot use them to offset your electricity consumption in off-peak hours. Meaning, your excess solar credits would lose value. Still, Con Edison encourages NEM customers to carefully consider their electricity consumption patterns before enrolling in a TOU rate plan.
4. What Happens to My Solar Agreement If I Move?
If you decide to move, at Sunrun, we have a team of Service Transfer Specialists standing by to help you sell your home and transfer your solar contract to the new owner. As soon as you notify Sunrun you are selling your property; you will be assigned to a Service Transfer Specialist who will work with you exclusively through the entire transaction.8
From educating realtors and potential buyers to collaborating with home inspectors, escrow officers, title agents, and anyone else who should know about your system or solar contract, we have your back. Learn useful solar service transfer tips.
Get Peace of Mind When You Go Solar with Sunrun
For additional solar resources, visit our Solar Education Center. And if you are yet to start your solar journey, request your free, personalized quote today.
Our solar advisors are here to help you every step of the way, so you can lease, prepay, purchase or finance a new set of panels, or solar battery storage system, and save thousands of dollars on energy costs over the next two to three decades.* Some of our solar plans let you switch to solar for little to $0 down.