Consolidated Edison Company of New York

Con Edison's Voluntary Residential Time-of-Use Rate (SC1 Rate III) has an unusually wide peak window of 8am to midnight every day, and full-service customers also pay a summer super-peak supply price 2pm to 6pm weekdays June through September. Off-peak is only midnight to 8am. Any Con Edison residential customer can opt in; full-service customers must stay on the rate for one year, and switching back bars a return for 18 months. Customers who register a plug-in EV with Con Edison get a one-year price guarantee: if the standard residential rate would have cost less, Con Edison credits the difference after the first 12 months. Customers can instead install a dedicated second meter for EV charging, which is always billed on the time-of-use rate, carries its own $21 monthly customer charge, and does not get the price guarantee.

Con Edison does not currently offer a residential Level 2 charger rebate, but the SmartCharge New York managed-charging program pays roughly $400 per year on average through a mix of off-peak rewards (10 cents per kWh midnight to 8am year-round), summer-peak avoidance ($35 per month for skipping weekdays 2pm to 6pm June through September), and a $25 bonus after three months of charging. The two do not stack: drivers on the time-of-use rate, whether for the whole home or through an EV-only meter, cannot earn SmartCharge New York incentives, so each driver has to pick the one that pays more for their charging pattern. On the commercial side, the PowerReady make-ready program stopped accepting new Level 2 applications as of April 22, 2026 and paused new DCFC applications, following a New York Public Service Commission order; waitlisted projects stay in queue in date order.

Con Edison serves about 3.7 million electric customers across New York City (except part of Queens, which another utility serves) and most of Westchester County, where many residential EV drivers live in multifamily buildings without dedicated parking. Curb-side and shared-garage charging matter more here than the at-home Level 2 picture, and the territory's high residential delivery rates make managed-charging incentives like SmartCharge New York valuable per kWh shifted. The PowerReady pause leaves the curb-side and public charging landscape changing month to month; site hosts should confirm program status before committing to a build.