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The original item was published from 12/6/2021 9:37:31 AM to 12/14/2021 12:00:00 AM.

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News & Town Board Reports (gblist)

Posted on: December 6, 2021

[ARCHIVED] COMPARISONS CON ED RATES VS SUSTAINABLE WESTCHESTER RATES

Greenburgh has joined 26 communities in Westchester - participating in a Green ESCO. Your rates are fixed for the contractual period -can't go up or down.

COMPARISONS CON ED RATES VS SUSTAINABLE WESTCHESTER RATES

  Greenburgh has joined 26 communities in Westchester - participating in a Green ESCO. Your rates are fixed for the contractual period -can't go up or down. There are months that you will pay more than the typical Con Ed customer. There are months you will pay less.  You can always opt out if you wish. 

   Please find the analysis for the month of November below.

PAUL FEINER




Greenburgh Residential Electricity Supply Rate Comparison - November 2021

Westchester Power vs. Con Edison

Westchester Power Program Background

The Town of Greenburgh participates in a Community Energy Program known as Westchester Power.  This energy supply program is managed by the local nonprofit Sustainable Westchester on behalf of the 29 participating municipalities in Westchester County, procuring electricity in bulk to provide low-cost fixed rates to residents.  Residents benefit from the program through a fixed price structure that provides cost control assurance on their electric supply charges.  The program also empowers the county and its residents to actively work towards a vision for a healthy and sustainable future by supporting renewable energy.

November Residential Rates

Average Con Edison Standard Rate

WP 100% Renewable Fixed Rate

WP Standard Supply

6.78¢/kWh

7.41¢/kWh

6.75¢/kWh

 *The average Con Edison rate year-to-date (January-November 2021) is 7.36¢/kWh

November Hypothetical Cost Comparison

For a Greenburgh resident who consumed 500 kWh of electricity in November, that person would have been charged the following under each supply option:

Con Edison Standard Rate

WP 100% Renewable Fixed Rate

WP Standard Supply Fixed Rate

$33.90

$37.05

$33.75

In comparing the Con Edison Standard Rate to the WP fixed rates for November:

  • WP Standard Supply would have been ~15¢ cheaper for that resident; and
  • WP 100% Renewable would have cost them ~$3.15 more in supply charges

Greenburgh Environmental Benefit - November

CO2 mitigated,
 metric tons

Equivalent: Cars driven for a year

Equivalent: Tree seedlings grown for 10 years

1320

287

21,800

Looking Forward…

Though we cannot know for what Con Edison rates will be in any future month, their Winter rates are historically higher, and energy prices in general are trending up. Westchester Power fixed rates can provide a safe haven from uncertain energy costs while reducing household environmental footprint at the same time.

Options for Greenburgh Residents

The power of choice is always in the hands of the residents to decide what energy supply option is best for them, and as such, you can take the following actions as it relates to Westchester Power:

  • Want to enroll?
    • Greenburgh residents who are not currently enrolled in the program (including those who have previously opted-out of the Westchester Power electricity supply in the past) still have the ability to opt-in and participate, as the current contract price is locked in until June 30, 2022.
  • Want to change supply options?
    • For residents already participating in the program at either the 100% Renewable or Standard Supply fixed rates, you can change your supply option at any time.  Whether you want to move into the 100% Renewable supply to maximize your clean energy impact, or switch to the Standard Supply for a better financial option, the choice is yours.
  • Want to opt-out of Westchester Power altogether?
    • Residents participating in the program can opt-out at any point they wish with no hassle, penalty, or fees.

Residents who want to enroll, change their supply, or opt-out can visit the Westchester Power web page and fill out the applicable online form on the Sustainable Westchester website at https://sustainablewestchester.org/wp/ or call Sustainable Westchester at (914) 242-4725 for live assistance.

 

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