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I am a Residential customer – what are the components that are used in calculating my electric bill?

April 26, 2017calculating components customer electric Residential Used

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I am a Residential customer – what are the components that are used in calculating my electric bill?

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The calculation of an electrical bill in residential cooperative buildings in New York City is usually based upon the current Consolidated Edison Company Service Classification SC-1. This is the exact same rate charged to any residential customer that is directly metered by the Con Edison Company. To fully understand the charges, an understanding of the various items used in the calculation of the monthly bills is necessary. The following description of the terms and items will explain the components used in the calculation of the monthly charges.