Energy Costs
NYC / Con Edison
28.20¢/kWh
2024 Con Edison NY commercial bundled average · EIAU.S. commercial average (2024): 12.75¢/kWh
NYC’s high electricity costs make avoidable building consumption a direct operating expense.
Bundled commercial customers; actual bills depend on service class, peak demand, and supply contracts.
Building Requirements
NYC Local Law 97
Most covered buildings over 25,000 sq ft face annual greenhouse-gas limits under Local Law 97. Limits began in 2024 and tighten in 2030; exceeding applicable limits can trigger financial penalties.
Reducing waste contributes to a broader emissions-reduction plan; building controls alone do not guarantee compliance.
Coverage and compliance pathways depend on property type, including certain affordable-housing buildings.
Potential Incentives
Con Edison · Building Automation
Con Edison’s commercial efficiency programs include building automation systems, controls, HVAC optimization, and custom energy-saving measures.
The published 2026 viewer lists $0.35 per qualifying kWh saved for BAS electric measures, subject to approved savings calculations and project eligibility.
About these electricity figures
EIA Table 7 reports 2024 revenue per kWh for bundled commercial utility customers, excluding separate third-party supply. The U.S. reference covers all commercial customers and provides context rather than an exact like-for-like comparison. These historical averages differ from current tariffs and individual building bills.