New York State Elec & Gas Corp late fee
New York · Investor Owned
New York State Elec & Gas Corp charges 1.5% for a residential electric bill paid late.
- Percentage fee
- 1.5% of the past-due balance
- Can disconnect
- Yes, for non-payment
- Percentile
- Higher than 14% of US utilities that charge a percentage fee
- Residential customers
- 735,192
Late fees versus bad debt, 2024
- Late-fee revenue
- $11,032,340 (FERC account 450, Forfeited Discounts)
- Written off
- $42,552,731 (FERC account 904, Uncollectible Accounts)
- Ratio
- 0.26x
Source: US Federal Energy Regulatory Commission, FERC Form 1, accounts 450 and 904 (18 CFR Part 101), retrieved via the Public Utility Data Liberation project. Municipal utilities and most cooperatives do not file Form 1, so no ratio is available for them.
Disconnections in 2024
- Disconnections
- 28,114 for non-payment
- Rate
- 3.88 per 100 residential customers
- Final notices
- 964,489
- Reconnections
- 18,248
Counts are disconnection events, not households. Source: US Energy Information Administration, Form EIA-112. See how this compares.
1.5%/month on unpaid balance (NYSEG)
Source: https://www.nyseg.com/account/understandyourbill/billingglossary