In July 2026, businesses in New York paid an average of 24.18¢ per kWh, the 4th most expensive of the 50 states and DC and 66.4% above the U.S. commercial average of 14.53¢.
That price is up 4.9% from a year earlier.
Over the past 12 months the average commercial customer in New York used 5,104 kWh a month and paid $1,136 (U.S.: $896).
Average business electric bill in New York
The average commercial customer in New York paid $1,136 a month over the last 12 months, the 9th highest of the 50 states and DC. In July 2026 the average business bill was $1,461. These averages mix small shops with large offices and stores, so use the table below to estimate a bill for your own usage.
What would a business pay?
| Monthly use | Per month | Per year |
|---|---|---|
| 5,000 kWh × 24.18¢ | $1,209.00 | $14,508 |
| 10,000 kWh × 24.18¢ | $2,418.00 | $29,016 |
| 50,000 kWh × 24.18¢ | $12,090.00 | $145,080 |
Commercial electricity rates in New York by month
Business power in New York cost 24.18¢ per kWh in July 2026, compared with 29.90¢ for homes and 10.81¢ for industrial users. See home electricity rates in New York.
Utilities serving businesses in New York
Consolidated Edison Co-NY Inc serves the most business customers in New York, with 577,382 commercial accounts.
| Utility | Business customers | Avg. business rate |
|---|---|---|
| Consolidated Edison Co-NY Inc | 577,382 | 30.81¢ |
| Niagara Mohawk Power Corp. | 186,047 | 15.21¢ |
| Long Island Power Authority | 133,680 | 23.17¢ |
| New York State Elec & Gas Corp | 128,358 | 18.93¢ |
| Central Hudson Gas & Elec Corp | 49,575 | 19.71¢ |
| Rochester Gas & Electric Corp | 40,218 | 18.01¢ |
| Orange & Rockland Utils Inc | 34,207 | 17.68¢ |
| Jamestown Board of Public Util | 2,653 | 8.86¢ |
| Village of Freeport | 2,374 | 13.07¢ |
| Village of Fairport | 1,548 | 8.38¢ |
"Avg. business rate" is what each utility's full-service commercial customers paid on average in 2025 (revenue ÷ kWh sold), shown only for utilities with at least 100 business customers.
Can businesses choose an electricity supplier in New York?
Yes. Businesses in New York can buy electricity from a licensed retail supplier, and many sign fixed-price contracts to make costs predictable. The local utility still delivers the power.
Compare current offers on the official state site: NY Power to Choose (Department of Public Service).
How to lower your business electricity cost
- Check your rate schedule. Utilities put businesses on rate classes by size and usage. Ask your utility whether another schedule, such as a time-of-use rate, fits how you use power.
- Manage demand charges. If your bill has a demand charge, it is set by your highest short burst of usage in the month. Staggering when large equipment starts can lower it.
- Compare supply offers. Check the price per kWh, contract length, early-termination fees and what happens when the contract ends before you sign.
Business electricity rates in neighboring states
| State | Price per kWh |
|---|---|
| Pennsylvania | 13.86¢ |
| New Jersey | 19.17¢ |
| Connecticut | 19.87¢ |
| Vermont | 20.71¢ |
| New York | 24.18¢ |
| Massachusetts | 24.41¢ |
New York business electricity FAQ
What is the average business electric bill in New York?
Commercial customers in New York paid an average of $1,136 a month over the last 12 months, using 5,104 kWh. This average covers every kind of business, from small shops to large offices, so a small business will usually pay much less.
What is the commercial electricity rate in New York?
The average commercial rate was 24.18¢ per kWh in July 2026, 66.4% above the U.S. average of 14.53¢. Industrial customers paid 10.81¢ per kWh, and homes paid 29.90¢.
Can businesses choose their electricity supplier in New York?
Yes. Businesses in New York can buy electricity from a licensed retail supplier, while the local utility keeps delivering it. Official offers are listed on NY Power to Choose (Department of Public Service).
What is a demand charge?
Many commercial rates include a demand charge based on the highest amount of power (kW) a business draws during a short interval, often 15 or 30 minutes, in the billing month. Starting large equipment at different times can lower it.
NY commercial and industrial electricity prices and bills: U.S. Energy Information Administration retail sales data (forms EIA-861M and EIA-861), latest month July 2026. Utilities: EIA-861 (2025). Bills and usage are revenue and sales divided by customers. Last updated 2026-10-20.