Independent resource. Not affiliated with any utility or energy provider. Data sourced from the U.S. Energy Information Administration.Verified June 2026
New York Electricity Cost 2026: 29.45¢/kWh
New York residential electricity rates average 29.45 cents per kWh in 2026, +56.4% vs the 18.83¢ US national average. The state operates a deregulated retail market with natural gas/nuclear/hydro as the primary generation source.
State Rate
29.45
cents/kWh
Monthly Bill
$254
at 863 kWh
vs National
+56.4%
national avg 18.83¢
Rank (cheapest first)
47/50
YoY change +14.6%
Market Type
Deregulated
Residential customers can shop for a supplier
Primary Generation
Natural Gas/Nuclear/Hydro
per EIA State Energy Profile
Annual Bill (avg usage)
$3,050
vs national $1,950
New York electricity market
Deregulated state. Con Edison serves NYC and Westchester; National Grid covers upstate NY; NYSEG, Central Hudson, Orange & Rockland serve other regions. Residential customers can shop for a supply ESCO via the NYSERDA directory. Generation mix favors natural gas, nuclear (Indian Point retired; Nine Mile Point and FitzPatrick remain), and hydro (Niagara, St. Lawrence).
Where New York residents save
Active ESCO shopping in New York has a mixed track record; many households end up paying more on variable-rate ESCO plans, so always check the standard offer benchmark. NYSERDA programs (Clean Heat, EmPower NY) offer heat-pump and weatherization rebates.
Primary utilities
- Con Edison
- National Grid (Upstate NY)
- NYSEG
Official New York supplier comparison tool
New York runs an official, vendor-neutral supplier comparison portal. Use it to see all licensed retail suppliers serving your ZIP code, compare per-kWh supply rates, and check contract terms before signing up.
NYSERDA →New York bill estimates by usage
| Home Profile | Monthly kWh | Monthly Bill | Annual Bill |
|---|---|---|---|
| Apartment | 500 | $147 | $1,767 |
| Small house | 750 | $221 | $2,651 |
| Average household | 863 | $254 | $3,050 |
| Large house | 1200 | $353 | $4,241 |
| Large house + EV | 1500 | $442 | $5,301 |
Estimates use the New York state-average rate of 29.45¢/kWh from EIA data. Your actual bill includes delivery charges, customer-service fees, and state/local taxes already blended into this retail rate, plus any locality-specific surcharges not captured at the state-average level.