Electricity Rates in New York
New York has a deregulated electricity market, meaning residential customers can choose their electricity provider. The average residential rate is 17.0¢/kWh, but shopping around could save you money. Across 14 utilities, rates range from 11.0¢ to 30.0¢/kWh depending on your location and provider.
New York Electricity Rate History
Monthly residential electricity rates in New York over the last 24 months, based on EIA data.
Top Cities in New York
| City | Avg. Rate | Primary Utility | Providers |
|---|---|---|---|
| New york | 30.0¢/kWh | Consolidated Edison Co-NY Inc | 1 |
| Brooklyn | 30.0¢/kWh | Consolidated Edison Co-NY Inc | 1 |
| Bronx | 30.0¢/kWh | Consolidated Edison Co-NY Inc | 1 |
| Rochester | 16.0¢/kWh | Rochester Gas & Electric Corp | 1 |
| Buffalo | 14.0¢/kWh | Niagara Mohawk Power Corp. | 1 |
| Staten island | 30.0¢/kWh | Consolidated Edison Co-NY Inc | 1 |
| Syracuse | 13.0¢/kWh | Niagara Mohawk Power Corp. | 2 |
| Albany | 14.0¢/kWh | Niagara Mohawk Power Corp. | 2 |
| Flushing | 30.0¢/kWh | Consolidated Edison Co-NY Inc | 1 |
| Jamaica | 30.0¢/kWh | Consolidated Edison Co-NY Inc | 1 |
| Far rockaway | 29.0¢/kWh | Consolidated Edison Co-NY Inc | 2 |
| Schenectady | 14.0¢/kWh | Niagara Mohawk Power Corp. | 1 |
| White plains | 30.0¢/kWh | Consolidated Edison Co-NY Inc | 1 |
| Astoria | 30.0¢/kWh | Consolidated Edison Co-NY Inc | 1 |
| Yonkers | 30.0¢/kWh | Consolidated Edison Co-NY Inc | 1 |
| Niagara falls | 14.0¢/kWh | Niagara Mohawk Power Corp. | 1 |
| Binghamton | 15.0¢/kWh | New York State Elec & Gas Corp | 1 |
| Queens village | 28.0¢/kWh | Consolidated Edison Co-NY Inc | 2 |
| Great neck | 21.0¢/kWh | Long Island Power Authority | 1 |
| Mount vernon | 30.0¢/kWh | Consolidated Edison Co-NY Inc | 1 |
Utilities in New York
| Utility | Type | Avg. Residential Rate | ZIP Codes Served |
|---|---|---|---|
| Central Hudson Gas & Elec Corp | Investor Owned | 21.0¢/kWh | 195 |
| City of Plattsburgh - (NY) | Municipal | 5.0¢/kWh | 2 |
| Consolidated Edison Co-NY Inc | Investor Owned | 30.0¢/kWh | 395 |
| Fishers Island Utility Co Inc | Investor Owned | 38.0¢/kWh | 1 |
| Jamestown Board of Public Util | Municipal | 8.0¢/kWh | 4 |
| Long Island Power Authority | State | 21.0¢/kWh | 209 |
| New York State Elec & Gas Corp | Investor Owned | 15.0¢/kWh | 684 |
| Niagara Mohawk Power Corp. | Investor Owned | 14.0¢/kWh | 873 |
| Orange & Rockland Utils Inc | Investor Owned | 19.0¢/kWh | 96 |
| Rochester Gas & Electric Corp | Investor Owned | 16.0¢/kWh | 150 |
| Town of Massena - (NY) | Municipal | 6.0¢/kWh | 1 |
| Village of Fairport - (NY) | Municipal | 7.0¢/kWh | 1 |
| Village of Freeport - (NY) | Municipal | 14.0¢/kWh | 4 |
| Village of Solvay - (NY) | Municipal | 6.0¢/kWh | 3 |
How New York Compares
Frequently Asked Questions
What is the average electricity rate in New York?
The average residential electricity rate in New York is 17.0¢ per kilowatt-hour (kWh) based on 2024 EIA data. Rates range from 11.0¢ to 30.0¢/kWh depending on your utility provider and location within the state.
Who is the cheapest electricity provider in New York?
Electricity rates in New York vary by provider and location. The state has 14 utility companies serving different areas. To find the cheapest rate available to you, enter your ZIP code in our lookup tool above for your specific options.
Is New York a deregulated electricity market?
Yes, New York has a deregulated electricity market. This means residential customers can choose their electricity supplier, potentially finding a lower rate than their default utility provider.
How have electricity rates changed in New York?
Electricity rates in New York have increased 8.5% over the past year. The current average residential rate is 17.0¢/kWh.
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