Con Edison rate increases could raise your 2026 energy costs by 11%
If your business operates in New York City or Westchester, you can expect higher electricity costs ahead. Con Edison has proposed an 11% increase in electric delivery rates starting in 2026, with some adjustments already showing up on recent bills.
Why Rates Are Increasing
The proposed hike isn’t just about rising energy prices — it’s driven by several structural factors:
Grid upgrades and reliability investments: Con Edison plans major infrastructure projects to replace aging equipment, strengthen resilience, and prepare for electrification growth (EVs, heat pumps, distributed energy).
Higher property taxes: The utility pays property taxes on its energy infrastructure — and those costs have been climbing sharply, adding pressure to delivery charges.
Market and supply costs: Wholesale electricity prices have fluctuated due to fuel costs and regional transmission constraints, pushing up supply components of your bill.
Clean energy mandates: New York’s climate policies require new investments in renewable integration and grid modernization — projects that carry upfront costs before long-term savings are realized.
What It Means for Businesses
For commercial customers, this means higher operating costs and tighter budgets — particularly for energy-intensive operations such as manufacturing, hospitality, or large multi-site portfolios. It also means the timing of your next energy contract and budget planning will matter more than ever. Rate volatility and regional transmission costs can make or break next year’s financial performance.
How to Respond Strategically
- Review your current supply contracts and understand when they expire.
- Model 2026 energy budgets using forward price curves rather than flat assumptions.
- Explore procurement strategies that combine technology and expert guidance to lock in favorable terms when the market dips.
- Evaluate efficiency and demand-management opportunities to offset delivery increases.
Get Ahead of 2026 Budget Season
At Arise Energy, we’re helping organizations turn uncertainty into clarity. Our team is offering a Complimentary 2026 Energy Budget Forecast for a limited number of property managers this quarter.
We’ll analyze your properties to project expected costs, factor in planned rate changes, and highlight opportunities to reduce exposure — so you can enter 2026 with confidence.
👉 Request Your Complimentary Budget Forecast
The proposed hike isn’t just about rising energy prices — it’s driven by several structural factors:
Grid upgrades and reliability investments: Con Edison plans major infrastructure projects to replace aging equipment, strengthen resilience, and prepare for electrification growth (EVs, heat pumps, distributed energy).
Higher property taxes: The utility pays property taxes on its energy infrastructure — and those costs have been climbing sharply, adding pressure to delivery charges.
Market and supply costs: Wholesale electricity prices have fluctuated due to fuel costs and regional transmission constraints, pushing up supply components of your bill.
Clean energy mandates: New York’s climate policies require new investments in renewable integration and grid modernization — projects that carry upfront costs before long-term savings are realized.
What It Means for Businesses
For commercial customers, this means higher operating costs and tighter budgets — particularly for energy-intensive operations such as manufacturing, hospitality, or large multi-site portfolios. It also means the timing of your next energy contract and budget planning will matter more than ever. Rate volatility and regional transmission costs can make or break next year’s financial performance.
How to Respond Strategically
- Review your current supply contracts and understand when they expire.
- Model 2026 energy budgets using forward price curves rather than flat assumptions.
- Explore procurement strategies that combine technology and expert guidance to lock in favorable terms when the market dips.
- Evaluate efficiency and demand-management opportunities to offset delivery increases.
Get Ahead of 2026 Budget Season
At Arise Energy, we’re helping organizations turn uncertainty into clarity. Our team is offering a Complimentary 2026 Energy Budget Forecast for a limited number of property managers this quarter.
We’ll analyze your properties to project expected costs, factor in planned rate changes, and highlight opportunities to reduce exposure — so you can enter 2026 with confidence.
👉 Request Your Complimentary Budget Forecast
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