Electricity Provider
Bible briefing · vendor shortlist coming
Electricity is the single largest utility line on a NYC hospitality P&L and is becoming the single largest regulatory burden. Full-service restaurants spend $2.50–$5.00 per sq ft annually (3–7% of revenue), and hotels run $2,000–$6,000 per room per year, with HVAC and lighting driving 60% of the load. Con Edison delivers it but operators can pick the supply ESCO under the NY retail-choice market, and the LL97 emissions cap kicks in 2030 at $268/metric ton CO2e — which is reshaping how operators think about gas-to-electric conversion.
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