How to read your NYSEG BillTypical Electricity Bill Data for Residential NYSEG Customers
Interested in what comprises a typical residential electricity bill? The graphs below compare average monthly electricity bills over the last 10 years for residential customers who purchased their electricity supply from NYSEG.
Monthly Residential Electricity Costs
Based on average use of 600 kilowatt-hours per month
The data in the above chart is based on average usage for a typical customer. Individual bills will vary depending on specific usage. Some additional information about the average cost data:
Total Bill: Until 2003, NYSEG offered a combined (bundled) electricity bill, so only the total bill is available.
Delivery charge: What you pay NYSEG to transport electricity to your home or business, including the: Revenue Decoupling Mechanism (RDM), a charge or credit on your bill that reflects the difference between forecast and actual delivery service revenues by service classification to encourage the promotion of energy efficiency and renewable technologies.
Supply charge: What you pay for the energy purchased for you. NYSEG makes no profit on your electricity supply costs. The supply charge also includes a Merchant Function charge, which represents the administrative cost for NYSEG to obtain electricity supply on their customers' behalf.
Transition charge: This charge represents the difference between the cost of energy supply on the open market compared to the cost of NYSEG's existing long-term electricity supply contracts. It can be a charge or a credit.
Surcharges: What you pay in state mandated charges, including the:
Taxes: Includes the collection of Gross Receipts Tax (GRT) imposed by New York State and/or some local municipalities, where applicable.
System Benefits Charge (SBC), which is used to fund energy efficiency programs, provide assistance for low income customers and energy research. The SBC was expanded in October 2008 to include the Energy Efficiency Portfolio Standard.
Renewable Portfolio Standard (RPS) charge which is used to fund energy efficiency programs, assistance for low-income customers and energy research. It also includes the Energy Efficiency Portfolio Standard, which funds rebates that encourage people to buy and install high-efficiency energy appliances.
New York State Assessment, a special state assessment for the state's general fund. This charge was added in July 2009 and will continue through June 2014.