NY / Residential / Latest month: Jul 2026

Electricity Rates in New York

CheapestNew York ranks 5th most expensive of 51Most expensive

In July 2026, homes in New York paid an average of 29.90¢ per kWh, the 5th most expensive of the 50 states and DC and 63.3% above the U.S. average of 18.31¢.

That price is up 14.0% from a year earlier.

Over the past 12 months the average home in New York used 587 kWh a month, for an average bill of $167 (U.S.: $157).

About electricity in New York

New York's electricity comes from natural gas, nuclear and hydropower, much of the hydropower from Niagara Falls and the St. Lawrence River. Households can buy their supply from a retail supplier, and Long Island homes are served by a state power authority.

  • natural gas 47%
  • nuclear 22%
  • hydropower 20%
  • wind 5%
  • solar 4%
  • other 2%
Share of electricity generated in New York, 2025. Source: EIA.

The New York State Public Service Commission is the state agency that regulates electric utilities in New York.

What drives electricity prices in New York

New York's prices are among the highest in the country, and most of the gap is in the cost of delivery rather than the power itself. New York City and Long Island need a lot of electricity in a small area that is hard to reach with new power lines, so they rely on local power plants and expensive underground cables. Upstate, much of the power comes from hydropower and nuclear plants.

Natural gas is the largest source overall, and because gas plants often set the wholesale price, gas prices show up in bills quickly, especially in winter when the same gas is needed for heating. The state also funds clean-energy and efficiency programs through charges on bills.

Households can buy power from a retail supplier instead of their utility, but delivery charges from the utility make up a large part of the bill either way. New York homes use less electricity than most, which keeps bills closer to average than the price alone would suggest.

Average electric bill in New York

Over the last 12 months the average New York home paid $167 a month for electricity, the 12th highest of the 50 states and DC. In July 2026 the average bill was $234 for 784 kWh.

Over the last 12 months, homes in New York used the most electricity in July, when air conditioning drives usage up: an average of 784 kWh and a $234 bill. The lightest month was May, at 448 kWh and $134.

What would I pay?

Energy charge at 29.90¢ per kWh. Delivery fees and taxes vary by utility.
Monthly usePer monthPer year
500 kWh × 29.90¢typical$149.50$1,794
1,000 kWh × 29.90¢$299.00$3,588
1,500 kWh × 29.90¢$448.50$5,382
2,000 kWh × 29.90¢$598.00$7,176

Estimate your own bill

At New York's average of 29.90¢/kWh: $176 a month, $2,117 a year.

Estimate of the energy charge only. Your utility's fixed fees, taxes and rate tiers will change the total. Use the full bill calculator.

Cost of electricity in New York by month

17.5¢20.0¢22.5¢25.0¢27.5¢30.0¢Jan ’25Jul ’25Jan ’26Jul ’26
HomeBusiness¢ per kWh, monthly average

Businesses in New York paid 24.18¢ per kWh in July 2026 (the 4th most expensive for business power), and industrial users paid 10.81¢. See business electricity rates in New York.

Electric companies in New York

15 utilities deliver electricity to homes in New York. The largest is Consolidated Edison Co-NY Inc, serving 3,088,999 homes.

UtilityHomes servedAvg. home rate
Consolidated Edison Co-NY IncInvestor-owned · Full service + delivery3,088,99936.74¢
Niagara Mohawk Power Corp.Investor-owned · Full service + delivery1,536,56919.89¢
Long Island Power AuthorityState authority · Full service + delivery1,032,49026.17¢
New York State Elec & Gas CorpInvestor-owned · Full service + delivery793,70222.59¢
Rochester Gas & Electric CorpInvestor-owned · Full service + delivery353,61722.01¢
Central Hudson Gas & Elec CorpInvestor-owned · Full service + delivery270,60727.67¢
Orange & Rockland Utils IncInvestor-owned · Full service + delivery213,05726.21¢
Village of FairportCity-owned · Full service16,4147.80¢
Jamestown Board of Public UtilCity-owned · Full service15,5188.51¢
Village of FreeportCity-owned · Full service13,42213.53¢

"Avg. home rate" is what each utility's full-service residential customers paid on average in 2025 (revenue ÷ kWh sold). Delivery-only utilities have no full-service rate.

Can you choose your electricity supplier in New York?

Yes. Households in New York can buy electricity from a licensed retail supplier instead of their utility; the utility still delivers the power and handles outages.

Compare current offers on the official state site: NY Power to Choose (Department of Public Service).

Largest retail suppliers in New York by residential customers (2025):

  1. Constellation NewEnergy, Inc (116,811 homes)
  2. Direct Energy Services (83,925 homes)
  3. Green Mountain Energy Company (63,357 homes)
  4. CleanChoice Energy, Inc. (33,830 homes)
  5. MPower Energy LLC (30,179 homes)

Listed by size only, as reported to EIA. This is not a recommendation.

New York compared with neighboring states

Home electricity price and average bill
StatePrice per kWhAvg. monthly bill (12 mo.)
Pennsylvania21.72¢$174
Vermont23.75¢$141
Connecticut24.16¢$196
New Jersey25.19¢$158
New York29.90¢$167
Massachusetts30.49¢$182

New York electricity FAQ

What is the average electric bill in New York?

The average home in New York paid $167 a month over the last 12 months, using 587 kWh. That is the 12th highest of the 50 states and DC. In July 2026 alone, the average bill was $234.

How much does electricity cost per kWh in New York?

Homes paid an average of 29.90¢ per kWh in July 2026, 63.3% above the U.S. average of 18.31¢. Businesses paid 24.18¢ per kWh.

Which month has the highest electric bills in New York?

July, in the last 12 months of data: the average bill reached $234 (784 kWh), compared with $134 in May, the lowest month.

Can I choose my electricity provider in New York?

Yes. New York lets households buy electricity from a retail supplier, while the local utility still delivers it. Compare offers on NY Power to Choose (Department of Public Service), the official state site.

What are the largest electric companies in New York?

By number of residential customers in 2025: Consolidated Edison Co-NY Inc (3,088,999), Niagara Mohawk Power Corp. (1,536,569), Long Island Power Authority (1,032,490).

Latest NY electric rates, bills and usage: U.S. Energy Information Administration retail sales data (forms EIA-861M and EIA-861), latest month July 2026. Utilities and suppliers: EIA-861 (2025). Bills and usage are revenue and sales divided by customers. Last updated 2026-10-20.