Con Edison Bills Are About to Get Worse

After gas bills shocked New Yorkers, electric is next — Con Edison’s rate hikes have been approved for 2026. You cannot budget your way out of costs you do not control, so Joseph Ranola breaks down exactly how much bills are rising and what Staten Island and Brooklyn homeowners can do about it.

Are Con Edison bills going up again?

Yes. As reported by the New York Post and Yahoo Finance, the New York State Public Service Commission approved new Con Edison rate increases that took effect for 2026, applied retroactively to January 1. After a stretch of painful gas bills, the approved plan raises both electric and gas delivery rates again.

How much will electric and gas rise?

Under the approved plan, average electric bills rise about 3.5% in 2026, with gas up about 4.4%, adding up to roughly $10–11 more per month for a typical combined customer. Notably, regulators cut the increase down sharply from what Con Edison originally requested — the utility had sought electric increases closer to 19% and gas around 13%. The approved numbers are far smaller, but they still stack on top of every other rising cost.

Why do the bills feel worse than the percentages?

Because the percentage is only the delivery-rate piece, and the bill also reflects supply costs, weather-driven usage, and surcharges that move independently. A cold month can spike usage at the same time rates rise, so the bill in your hand often jumps more than the headline number suggests. That gap between the announced percentage and the felt pain is exactly why utilities feel relentless.

What can homeowners do about it?

You cannot control the rate, but you can control usage and efficiency. Tighten insulation and air sealing, service heating and cooling systems, consider a programmable thermostat, and look into Con Edison’s energy-efficiency and payment-plan programs. For buyers, ask about a home’s energy costs up front — an efficient home is cheaper to own every single month. Joseph Ranola helps Staten Island and Brooklyn buyers factor real operating costs, not just the mortgage, into what a home actually costs.

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About Joseph Ranola

Joseph Ranola is a licensed real estate agent and Team Leader of the Bridge and Boro Real Estate Team at Real Broker LLC. Based on Staten Island and serving Brooklyn, Joseph and his team have earned 80+ verified five-star Google reviews and closed $40M+ in real estate volume across New York City. Joseph publishes Daily Tesla News to keep Staten Island and Brooklyn homeowners ahead of the market.