Google Translate. Press Release. PDF Version. View printer-friendly version. We provide service to more than 9 million residents, all while striving to prepare for future economic growth and energy demand by investing in our infrastructure. Your electricity comes from all sorts of traditional and renewable energy sources.
Your gas comes from all over the country through thousands of miles of pipes just to find its way to you. Your steam is made in plants all over the city, all while reducing emissions and our carbon footprint. Skip to Main Content. It looks like you're trying to use an old or invalid username instead of an email address to log in. Manhattan alone has 39 networks; Rockefeller Center, for example, has its own. In all, there are , miles of cables snaking underground and overhead, enough to reach more than halfway to the moon.
Partly as a result, its customers pay among the highest electricity rates in the country. Much of the year, peak demand is around 5 p. In summer, it is around 3 p. But it is working to prepare for disastrous weather. With the proliferation of residential and commercial solar installations, customers are now feeding power back to the grid. After a nearly five-year freeze, customers will see a raise of 2. Instead of moving power from large, central generating stations, where energy flows in only one direction and about 5 percent vanishes in transit more during peak times , more power will be generated and distributed locally.
In the same way that cloud computing and smartphones have revolutionized how consumers get and store information, smaller-scale generation and storage devices throughout the grid will make the system more efficient and resilient, Mr. Kauffman said. Although energy use is projected to flatten or decrease in the next decade, thanks in part to more efficient appliances and better insulated buildings, peak demand will continue to grow, according to Nyiso.
Central to this transformation is overhauling the rules governing utilities. Kauffman compared the utilities to the hotel industry, which has been disrupted by upstarts like Airbnb. Traditionally, utilities have been largely indifferent to how much power customers consume. They receive a fixed rate of return 9 percent in on the infrastructure they build and their cost to upgrade and maintain networks.
But the state is seeking to create ways for utilities to make money by teaming up with companies and customers to install software solutions to control electricity use or to add solar panels more affordably, instead of building billion-dollar substations. But as more people create their own power and use less from their utility, because of the way electricity rates are structured a smaller percentage of consumers could end up paying more to build and maintain transmission wires and equipment.
Audrey Zibelman, the departing chairwoman of the New York Public Service Commission, which sets consumer rates, said moving toward a system that reduced carbon emissions did not necessarily mean higher costs.
Zibelman said. New York is taking lessons from California , Germany and other clean energy pioneers. Still, he said, reinventing a system that originated more than a century ago will take time. On the cheaper end of the scale are Louisiana 9. A complete understanding of your Con Ed bill practically requires a Ph. Supply About a third to a half depending on use reflects how much your provider paid for the electricity on wholesale markets administered by Nyiso.
Like all commodities, price fluctuates with demand. Electricity tends to be cheaper at night and more expensive in the summer.
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