Electricity rates in New York

See the latest average electricity prices in New York and estimate your bill with a calculator prefilled with the local residential rate.

New York residential rate

$0.29

per kWh · EIA, Apr 2026

Residential

$0.29

per kWh

Commercial

$0.22

per kWh

Industrial

$0.09

per kWh

vs US average

+56%

more expensive

Price rank

#5

of 51 (1 = highest)

How New York compares

Residential price per kWh vs the national average and the cheapest/most expensive states.

$0.12
Lowest
$0.19
US avg
$0.29
NY
$0.47
Highest

Sample monthly bills in New York

Estimated energy cost at New York's average residential rate (before fixed charges and tax).

500 kWh / month

$147.25

≈ $1,767/year

900 kWh / month

$265.05

≈ $3,180.6/year

1200 kWh / month

$353.4

≈ $4,240.8/year

New York electricity bill calculator

Prefilled with New York's average residential rate. Adjust usage, add fixed charges, or switch to a tiered tariff.

/kWh
Billing period
kWh
$
%
Estimated monthly bill

$186.7

600 kWh · ≈ $6.13/day

Per day

$6.13

Per year

$2,240.4

7,200 kWh/yr

Cost breakdown

$186.7per month
  • Energy95%
  • Fixed charge5%

Estimate only. Check your official utility bill for exact charges.

About electricity prices in New York

What the rate includes

The figures above are EIA average retail prices — the total revenue utilities collect divided by kWh sold. Your own rate depends on your utility, plan, and usage tier, so treat this as a New York benchmark.

Lowering your bill

The fastest wins are usually heating, cooling, and water heating. Use the appliance calculator to find your biggest energy users, then shift heavy usage off-peak if your plan supports it.