Electricity Rates in Solvay, NY
Solvay, NY is in a deregulated electricity market with 3 providers available. The average residential rate is 13.0¢/kWh, 23.5% below the New York average of 17.0¢/kWh. Residents may be able to switch providers to find a lower rate.
Electricity Providers in Solvay
| Utility | Residential Rate | Commercial Rate | Type |
|---|---|---|---|
| New York State Elec & Gas Corp | 15.0¢/kWh | 10.0¢/kWh | Investor Owned |
| Niagara Mohawk Power Corp. | 14.0¢/kWh | 7.0¢/kWh | Investor Owned |
| Village of Solvay - (NY) | 6.0¢/kWh | 6.0¢/kWh | Municipal |
Estimated Monthly Electric Bill
Based on the average residential rate of 13.0¢/kWh and typical US household usage of 886 kWh/month:
Solar Savings in Solvay
At 13.0¢/kWh, a typical Solvay household spends approximately $1382.16/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 Solvay
Charging an electric vehicle at home in Solvay costs approximately $117.00/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 Solvay, NY?
The average residential electricity rate in Solvay, NY is 13.0¢ per kilowatt-hour (kWh) based on 2024 data. This translates to an estimated monthly bill of $115.18 for a typical household.
Who provides electricity in Solvay?
Solvay is served by 3 electricity providers. New York State Elec & Gas Corp is the largest provider in the area, though rates and availability vary by specific address.
How do Solvay electricity rates compare to the rest of New York?
Solvay's average rate of 13.0¢/kWh is 23.5% below the New York state average of 17.0¢/kWh. Residents enjoy some of the lower rates in the state.