New York electricity rates (August 2026)

Average residential and commercial electricity prices in New York from EIA's monthly utility survey, with the trend, the largest utilities and what power costs a typical homeowner.

Residential rate

28.65¢

▲ 7.5% vs a year agoper kWh, August 2026; ranks 6 of 51 (1 = highest)

Commercial rate

23.06¢

per kWh, August 2026

Average home bill

$168

per month over the last 12 months, about 586 kWh

U.S. residential average

18.16¢

New York is 58% above the U.S. average.

Find your utility's rate by ZIP

New York vs U.S. residential rate

Cents per kWh by month, last 36 months.

Last 12 months in New York

Month	Residential	Commercial	U.S. residential	Avg kWh	Avg bill
August 2026	28.65¢	23.06¢	18.16¢	742	$213
July 2026	29.89¢	24.19¢	18.31¢	784	$234
June 2026	29.49¢	23.57¢	18.34¢	574	$169
May 2026	29.93¢	22.41¢	18.44¢	448	$134
April 2026	29.45¢	21.88¢	18.86¢	479	$141
March 2026	28.55¢	22.21¢	18.60¢	544	$155
February 2026	29.92¢	23.43¢	17.65¢	661	$198
January 2026	28.37¢	22.27¢	17.45¢	674	$191
December 2025	27.43¢	20.61¢	17.11¢	611	$168
November 2025	26.46¢	19.65¢	17.77¢	476	$126
October 2025	27.00¢	20.71¢	17.95¢	483	$130
September 2025	27.28¢	22.60¢	18.05¢	559	$152

Largest utilities in New York

Residential rates for the biggest utilities in New York that report monthly to EIA, ordered by number of homes served, for August 2026.

Utility	Type	Rate	Avg kWh	Avg bill	Homes
Consolidated Edison Co-NY Inc	Investor Owned	39.96¢	520	$208	2,987,741
Niagara Mohawk Power Corp.	Investor Owned	22.61¢	742	$168	1,481,492
Long Island Power Authority	State	26.97¢	1,107	$299	1,036,952
New York State Elec & Gas Corp	Investor Owned	20.92¢	759	$159	771,460
Rochester Gas & Electric Corp	Investor Owned	22.52¢	838	$189	345,119
Central Hudson Gas & Elec Corp	Investor Owned	34.25¢	735	$252	253,605
Orange & Rockland Utils Inc	Investor Owned	28.02¢	934	$262	202,541
Jamestown Board of Public Util	Municipal	9.96¢	760	$76	15,549
FirstEnergy Pennsylvania Electric Co	Investor Owned	18.69¢	787	$147	3,352
Fishers Island Utility Co Inc	Investor Owned	42.10¢	1,142	$481	658

What electricity adds to owning a home in New York

A typical New York home is valued at $524,942 (Zillow). With 10% down at this week's 7.24% 30-year rate, principal and interest come to about $3,220 a month. The average electric bill of $168 adds about 5% on top of that, or $2,012 a year. See New York property tax and closing costs or run the monthly payment.

Bills follow the seasons: in New York the highest-use month of the last year averaged 784 kWh per home and the lowest 448 kWh. Budget for the expensive months, not the average.

Common questions

What is the average electricity rate in New York?

Homes in New York paid an average of 28.65 cents per kWh in August 2026, 58% above the U.S. average of 18.16 cents (EIA Form 861M).

How much is the average electric bill in New York?

Over the last 12 months the average New York home used about 586 kWh a month and paid about $168 a month.

Have New York electricity rates gone up?

The residential rate is 7.5% higher than in August 2025, when it was 26.64 cents per kWh.

What do businesses pay for electricity in New York?

Commercial customers in New York paid 23.06 cents per kWh in August 2026.

Electricity rates in all statesRanked table and ZIP lookup New York buying costsProperty tax, transfer tax and closing costs New York buyer programsDown payment help where you live

Sources: U.S. Energy Information Administration (EIA), Form EIA-861M monthly sales and revenue (state and utility data, latest month August 2026; EIA marks recent months preliminary and may revise them); ZIP-to-utility map: OpenEI, U.S. Electric Utility Companies and Rates: Look-up by Zip Code (2024), CC BY 4.0. Rates are average revenue per kWh (total bill divided by kWh sold), so they include fixed and delivery charges. EIA posts each month about eight weeks after it ends; this page checks for new data every morning.