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TOU Rate Structure

Solar ROI for Con Edison New York Customers

Con Edison New York charges an average of $31.2¢/kWh. Peak rates reach $42.8¢/kWh with off-peak at $14.8¢/kWh, creating strong battery arbitrage value. A 7 kW solar system produces a $34,747 NPV over 25 years.

$9,455
Net System Cost
$34,747
25-Year NPV
4 years
Payback Period
$0.130/kWh
Solar LCOE

Con Edison New York Rate Structure

ParameterRate
Average residential rate$31.2¢/kWh
Peak rate$42.8¢/kWh
Off-peak rate$14.8¢/kWh
Peak/off-peak spread$28.0¢/kWh
Rate structureTOU
Export credit policy1:1 net metering with NY-Sun incentive

Solar System Economics

A 7 kW solar system for a Con Edison New York customer costs $20,650 before incentives. The 30% federal ITC saves $6,195, and the New York state credit adds $5,000. The net out-of-pocket cost is $9,455.

At Con Edison New York's $31.2¢/kWh average rate, the system saves $2,577 in year one, producing 8,260 kWh. The solar LCOE of $0.130/kWh is 58% below Con Edison New York's current rate.

Battery Storage for Con Edison New York Customers

$8,400
Battery Net Cost
$3
Daily Arbitrage
$931
Annual Arbitrage
$2,376
25-Year Battery NPV

With Con Edison New York's TOU rate structure, a 13.5 kWh battery generates $931/year in TOU arbitrage by storing solar during off-peak hours and discharging during peak. The 25-year NPV of $2,376 makes battery storage a strong addition to solar for Con Edison New York customers.

FAQ: Solar for Con Edison New York Customers

How much can Con Edison New York customers save with solar?
A typical 7 kW solar system saves Con Edison New York customers approximately $2,577/year in electricity costs. Over 25 years, the NPV of savings after system costs is $34,747.
What is Con Edison New York's rate structure?
Con Edison New York uses a time-of-use (TOU) rate structure with peak rates of $42.8¢/kWh and off-peak rates of $14.8¢/kWh. The $28.0¢/kWh peak/off-peak spread creates significant value for battery storage — TOU arbitrage alone is worth $931/year.
Does Con Edison New York offer net metering?
1:1 net metering with NY-Sun incentive
Should Con Edison New York customers add battery storage?
Yes — for Con Edison New York customers with TOU rates, a 13.5 kWh battery adds $2,376 in NPV through TOU arbitrage. Daily arbitrage value is $3.

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