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Electricity rates › New York

New York electricity rates

Homes in New York pay an average of 24.4¢ per kWh, 48% above the US average, and use 571 kWh a month. New York ranks #7 of 51 for residential electricity prices.

24.4¢average price per kWh
571 kWhaverage use per month
$139average monthly bill
#7 of 51price rank (1 = most expensive)

Residential rates by utility in New York

Utility¢/kWhZIP codes served
Niagara Mohawk Power Corp.17.0873
New York State Elec & Gas Corp15.5684
Consolidated Edison Co-NY Inc31.6395
Long Island Power Authority22.3209
Central Hudson Gas & Elec Corp25.1195
Rochester Gas & Electric Corp16.1150
Orange & Rockland Utils Inc23.596
Pennsylvania Electric Co15.333
Village of Freeport13.74
Jamestown Board of Public Util8.14
Village of Solvay5.33
City of Plattsburgh5.02

Average residential rates for full-service utilities, from NREL’s utility rates by ZIP code (2023). In areas with retail choice, your price depends on the plan you pick.

Is solar worth it in New York?

At 24.4¢ per kWh, every 1,000 kWh your roof makes and you use yourself is worth about $244. A system that covers the average New York home would replace about 6,852 kWh a year, roughly $1,674 of electricity at today’s prices.

5.2 kWsystem for an average home (13 panels)
$15,600rough installed cost
$1,674electricity saved per year
~9 yearssimple payback

Assumes a typical 1,350 kWh per kW of panels a year and $3.00/W installed, before incentives and price increases. Your roof’s direction, pitch and shade change these numbers; the estimator measures them for your address.

Plan solar for your New York home

State figures: EIA Table 5A, 2024 Average Monthly Bill - Residential (forms EIA-861, 861S, 861U).