Energy Calculators

Electricity rates in New York

The average residential electricity price in New York was 28.65¢/kWh in August 2026, 57.8% above the U.S. average of 18.16¢/kWh (EIA).

Average price (Aug 2026)
28.65¢/kWh
Change vs Aug 2025
+7.5%+2.01¢/kWh
Rank (1 = most expensive)
6thof 51
vs U.S. average
+57.8%+10.49¢/kWh

New York residential electricity price, last 12 months

New York vs U.S. average residential electricity price, last 12 monthsNew York: 27.3¢ in Sep 2025, 28.6¢ in Aug 2026. Low 26.5¢, high 29.9¢.15.0¢20.0¢25.0¢30.0¢35.0¢Nov 2025Feb 2026May 2026Aug 2026
· cents per kWh
Show data table
MonthNew YorkU.S. average
Aug 202628.6¢18.2¢
Jul 202629.9¢18.3¢
Jun 202629.5¢18.4¢
May 202629.9¢18.4¢
Apr 202629.4¢18.9¢
Mar 202628.6¢18.6¢
Feb 202629.9¢17.6¢
Jan 202628.4¢17.4¢
Dec 202527.4¢17.1¢
Nov 202526.5¢17.8¢
Oct 202527.0¢17.9¢
Sep 202527.3¢18.1¢

Source: U.S. Energy Information Administration (Aug 2026). Retrieved November 5, 2026. About our data

What common appliances cost to run in New York

Worked examples at 28.65¢/kWh, the August 2026 average:

  • Running a 1,500 W space heater 6 hours a day for 30 days uses 270 kWh and costs about $77.35.
  • Running a 3,500 W central air conditioner 8 hours a day for 30 days uses 840 kWh and costs about $240.66.
  • Running a refrigerator using 500 kWh per year uses 500 kWh and costs about $143.25 a year.

Try your own appliance in the appliance cost calculator.

Typical monthly use and bill

New York residential customers used an average of 586 kWh a month in 2025 (EIA annual data). At 28.65¢/kWh, that works out to about $167.89 a month.

States with similar prices

Compare all 50 states and DC

Frequently asked questions

Is electricity expensive in New York?

New York ranked 6th most expensive of 51 (50 states and DC) in August 2026, at 28.65¢/kWh versus the U.S. average of 18.16¢/kWh.

How have New York electricity prices changed over the past year?

The average residential price rose from 26.64¢/kWh in August 2025 to 28.65¢/kWh in August 2026, a change of +7.5%.

What is a typical electric bill in New York?

Residential customers in New York used an average of 586 kWh a month in 2025. At 28.65¢/kWh that is about $167.89 a month. Use the electric bill calculator for your own usage.

Why might my New York rate differ from this average?

The state average blends every utility, rate plan and fixed charge in the state. Utilities, co-ops and municipal providers set different tariffs, and time-of-use or tiered plans change the price of each kWh. Divide your bill total by your kWh for your own average rate.

Data last updated: