Compare Con Edison and PSE&G electricity rates side by side. See per-kWh rates, bills, peak hours, and rate plans to find the cheaper option.
Rate Comparison
Metric
Con Edison
PSE&G
State
New York
New Jersey
Standard Plan Rate
~30¢/kWh
~18.4¢/kWh
Plan Rate Range
22¢–38¢/kWh
6.7¢–35.2¢/kWh
Time-of-Use
5.2¢/kWh off-peak / 27.9¢/kWh peak
6.7¢/kWh off-peak / 35.2¢/kWh peak
Data Updated
February 2026
February 2026
Key Findings
PSE&G has the lower median rate (19.60¢/kWh vs 30.00¢/kWh) — about 34.7% less expensive on the standard plan.
Con Edison serves New York while PSE&G serves New Jersey — these utilities don't directly compete, but rate benchmarking still helps.
Time-of-use plans can save 15–30% if you can shift dishwasher, laundry, and EV charging to off-peak windows.
Use our free bill check to confirm whether your current plan is the cheapest option for your usage.
Frequently Asked Questions
Which has lower rates: Con Edison or PSE&G?
Based on median residential rates, PSE&G has the lower per-kWh rate. The standard plans are ~30¢/kWh (Con Edison) and ~18.4¢/kWh (PSE&G).
Can I switch between Con Edison and PSE&G?
Con Edison and PSE&G serve different geographic areas (New York and New Jersey), so customers typically can't switch between them. However, you can compare your rate to other utilities using our verification tool.
How do I check if I'm overpaying on my Con Edison or PSE&G bill?
Upload your bill to Utility Check for an independent verification. We compare your rate plan against alternatives, identify billing errors, and provide a call script to dispute incorrect charges. The free sanity check takes under 60 seconds.
Are time-of-use plans worth it for Con Edison or PSE&G customers?
TOU plans typically save 15–30% for customers who can shift heavy usage (laundry, dishwasher, EV charging, pool pumps) to off-peak windows. Con Edison offers Residential Time-of-Use at 5.2¢/kWh off-peak / 27.9¢/kWh peak. PSE&G offers Residential Service Time-of-Use (RS-TOU) at 6.7¢/kWh off-peak / 35.2¢/kWh peak.