Electricity Rates in Denver, NY
Denver, NY is in a deregulated electricity market with 2 providers available. The average residential rate is 18.0¢/kWh, 5.9% above the New York average of 17.0¢/kWh. Residents may be able to switch providers to find a lower rate.
Electricity Providers in Denver
| Utility | Residential Rate | Commercial Rate | Type |
|---|---|---|---|
| Central Hudson Gas & Elec Corp | 21.0¢/kWh | 12.0¢/kWh | Investor Owned |
| New York State Elec & Gas Corp | 15.0¢/kWh | 10.0¢/kWh | Investor Owned |
Estimated Monthly Electric Bill
Based on the average residential rate of 18.0¢/kWh and typical US household usage of 886 kWh/month:
Solar Savings in Denver
At 18.0¢/kWh, a typical Denver household spends approximately $1913.76/year on electricity. Solar panels could reduce this by 50–90%.
The federal solar tax credit covers 30% of installation costs through 2032.
EV Charging Costs in Denver
Charging an electric vehicle at home in Denver costs approximately $162.00/month at current rates, based on average driving habits (about 30 kWh per charge, charged daily). Compare to public charging prices at ChargeBuddy.ai.
Nearby Cities in New York
Frequently Asked Questions
What is the average electricity rate in Denver, NY?
The average residential electricity rate in Denver, NY is 18.0¢ per kilowatt-hour (kWh) based on 2024 data. This translates to an estimated monthly bill of $159.48 for a typical household.
Who provides electricity in Denver?
Denver is served by 2 electricity providers. Central Hudson Gas & Elec Corp is the largest provider in the area, though rates and availability vary by specific address.
How do Denver electricity rates compare to the rest of New York?
Denver's average rate of 18.0¢/kWh is 5.9% above the New York state average of 17.0¢/kWh. Residents may benefit from exploring solar energy to offset higher electricity costs.