State electricity profile · EIA monthly through May 2026

New York Electricity

As of May 2026, residential electricity in New York costs 29.93¢ per kWh (+12.1% vs May 2025). EIA publishes these figures monthly and this page follows them. New York's 2025 annual residential electricity rate is 26.39¢/kWh, 52.5% above the US average. The rate sits above the national average while renewables supply 32% of in-state generation, leaving most of the mix, broken out below, still fossil-fired.

29.93¢
May 2026 rate
+12.1%
year over year
26.39¢/kWh
Residential rate
+52.5%
vs US average
32%
Renewable
7.5M
Customers

26.39¢/kWh residential, 21.07¢/kWh commercial

In the U.S. Energy Information Administration's 2025 annual-frequency retail-sales series, New York's residential average revenue per kWh is 26.39¢/kWh, with a commercial average of 21.07¢/kWh and an industrial average of 9.55¢/kWh; a separate EIA generation series for 2025 reports 32% of the state's generation from renewables.

  • 52.5% above the US average vs national residential average
  • 32% renewable generation

The verdict · 2025

New York's residential electricity runs 26.39¢/kWh - 52.5% above the 17.30¢/kWh national average, pricier than 88% of other states, with 32% of its power from renewables.

This is EIA state average revenue per kWh across 7.5M reported residential customers, a benchmark for comparing states, not the tariff on any single bill. Source: EIA retail-sales API, annual frequency.

Annual rate change

What changed in the 2025 annual EIA period

2024 → 2025
  • New York's commercial average rose from 18.77¢/kWh to 21.07¢/kWh between the 2024 and 2025 annual-frequency EIA retail-sales periods, a change of +12.3%.
  • New York's residential average rose from 24.43¢/kWh to 26.39¢/kWh between the 2024 and 2025 annual-frequency EIA retail-sales periods, a change of +8.0%.
  • New York's industrial average rose from 9.17¢/kWh to 9.55¢/kWh between the 2024 and 2025 annual-frequency EIA retail-sales periods, a change of +4.1%.

Where New York's residential rate sits nationally

2025 average revenue per kWh across every reporting state

26.39¢/kWh 12th affordability percentile More affordable than 12% of 50 other states

New York

all reporting states, equal-width bands

Each bar spans 5¢/kWh. Taller bars contain more states; the dashed marker locates this state. Hover, focus or tap a bar for its exact count and share.

Source U.S. Energy Information Administration, retail-sales API · 2025 annual frequency

How New York compares

Residential
New York 26.39¢
US average 17.30¢
+53% vs benchmark
Commercial
New York 21.07¢
US average 13.41¢
+57% vs benchmark
Industrial
New York 9.55¢
US average 8.62¢
+11% vs benchmark

Average revenue per kWh, EIA retail-sales API. Pick a benchmark above to compare New York against the US average or a peer state.

Residential Price History

New York residential average revenue per kWh moved from 17.58¢/kWh in 2016 to 26.39¢/kWh in 2025 (50.1% over the window).

New York residential avg
26.39¢/kWh 50.1% since 2016
2016 → 2025
16¢18¢20¢22¢24¢26¢28¢ 2016201720182019202020212022202320242025 New York residential, 2016: 17.6¢New York residential, 2017: 18¢New York residential, 2018: 18.5¢New York residential, 2019: 17.9¢New York residential, 2020: 18.4¢New York residential, 2021: 19.5¢New York residential, 2022: 22.1¢New York residential, 2023: 22.2¢New York residential, 2024: 24.4¢New York residential, 2025: 26.4¢ 26.4¢
  • New York residential: 2016, 17.6¢
  • New York residential: 2017, 18¢
  • New York residential: 2018, 18.5¢
  • New York residential: 2019, 17.9¢
  • New York residential: 2020, 18.4¢
  • New York residential: 2021, 19.5¢
  • New York residential: 2022, 22.1¢
  • New York residential: 2023, 22.2¢
  • New York residential: 2024, 24.4¢
  • New York residential: 2025, 26.4¢
New York residential average revenue per kilowatt-hour, 2016 to 2025. EIA annual-frequency retail-sales. Focus or tap a point for the exact year and value.

Source: U.S. Energy Information Administration, retail-sales API · annual frequency. New York full trend →

New York Average Price by Sector and Year (¢/kWh)

The chart above tracks households only. In 2025, New York households paid 26.39¢/kWh while businesses paid 21.07¢/kWh, a 25.2% residential premium, a wider household-versus-business gap than most states. Every year EIA has published is below, so a single year can be read across all three sectors rather than assembled from three separate EIA queries.

New York average revenue per kilowatt-hour by sector, 2016 to 2025, in cents per kilowatt-hour. Source: U.S. Energy Information Administration annual retail-sales series.
Year Residential Commercial Industrial
2025 26.39¢/kWh 21.07¢/kWh 9.55¢/kWh
2024 24.43¢/kWh 18.77¢/kWh 9.17¢/kWh
2023 22.24¢/kWh 18.01¢/kWh 6.87¢/kWh
2022 22.08¢/kWh 18.19¢/kWh 7.55¢/kWh
2021 19.48¢/kWh 16.07¢/kWh 6.34¢/kWh
2020 18.36¢/kWh 14.56¢/kWh 5.54¢/kWh
2019 17.94¢/kWh 14.06¢/kWh 5.61¢/kWh
2018 18.52¢/kWh 14.50¢/kWh 6.02¢/kWh
2017 18.03¢/kWh 14.75¢/kWh 5.92¢/kWh
2016 17.58¢/kWh 14.45¢/kWh 6.03¢/kWh

Average revenue per kilowatt-hour, U.S. Energy Information Administration annual-frequency retail-sales series. Revenue per kWh is what customers in each sector actually paid on average, not an advertised tariff rate. Years with no EIA figure for a sector show —.

What New York's Electricity Data Tells Us

Residential customers in New York pay 26.39¢/kWh in 2025, across 7.5M metered households, placing the state 52.5% above the national residential average of 17.30¢/kWh. Commercial rates sit at 21.07¢/kWh while industrial buyers pay 9.55¢/kWh. These sector averages describe recorded revenue per kWh; this dataset alone does not establish why they differ. Annual residential sales total 52.4M MWh on roughly $13.8B in utility revenue. Sales and revenue are reported retail-series measures and should not be treated as a local load forecast.

New York's industrial rate ranks 15 of 51 while its residential rate ranks 7, so the gap between what a factory and a household pay is narrower here than in most states. No single fuel reaches half of New York's in-state generation. Natural gas leads at 45.5%, with nuclear at 20.8% close enough behind that the mix reads as a balance rather than a clear lead. It is the leading fuel in 26 states. Renewable fuels (solar, wind, hydro, geothermal and biomass) account for 32.1% of New York's electricity output. These shares describe in-state generation, not a utility-specific customer bill.

Looking back across EIA records, residential prices in New York moved from 17.58¢/kWh in 2016 to 26.39¢/kWh in 2025, a 50.1% shift over that window. States charging a similar rate include Alaska, Maine, New Hampshire, a useful peer set for a sanity check. Because gas sets the price of the marginal megawatt-hour on a grid built around it, New York's residential rate tracks the fuel market with a lag: a gas-price winter shows up on bills months later, and a cheap gas year works its way through the same way. At this level it matters what the figure is made of: it is total revenue divided by total kilowatt-hours, so delivery, taxes and fees are inside it but never broken out. In a state as dear as New York that hides which part of the bill a household could actually act on.

+52.5%

Much more expensive vs the US residential average

12%

of states have higher rates — Among the costliest

32%

Moderate renewable — above the 25% US mix

7.5M

residential customers served

Energy Generation Mix (2025)

How New York generates its electricity, from the EIA generation series for 2025 (separate from the 2025 retail-sales price figures above). Renewable sources account for 32.1% of generation.

  • Natural Gas45.5%
  • Nuclear20.8%
  • Hydrorenewable18.9%
  • Solarrenewable7.6%
  • Windrenewable5.0%
  • Petroleum0.9%
  • Other0.7%
  • Biomassrenewable0.6%

Who generates New York's electricity

New York has 1,660 operable generating units on EIA's inventory totalling 40,497 MW of net summer capacity. The largest single plant is Robert Moses Niagara , a conventional hydroelectric station operated by New York Power Authority , rated 2,435 MW.

Balancing authorities keep supply and demand matched on the grid; the largest here by capacity are New York Independent System Operator and ISO New England Inc.

Showing the 16 largest of 1,088 operable plants in New York by net summer capacity.

Largest power plants in New York by net summer capacity
Plant Operator Technology County MW
Robert Moses Niagara New York Power Authority Conventional Hydroelectric 2,435
Ravenswood Ravenswood Operations LLC Natural Gas Steam Turbine 1,947
Nine Mile Point Nuclear Station Constellation Nuclear Nuclear 1,896
Oswego Harbor Power Oswego Harbor Power Petroleum Liquids 1,614
Northport National Grid Generation LLC Natural Gas Steam Turbine 1,604
Roseton Generating Facility CCI Roseton LLC Natural Gas Steam Turbine 1,222
Blenheim Gilboa New York Power Authority Hydroelectric Pumped Storage 1,171
Bowline Point Bowline, LLC Natural Gas Steam Turbine 1,160
Cricket Valley Energy Cricket Valley Energy Center LLC Natural Gas Fired Combined Cycle 1,016
Sithe Independence Station Sithe/Independence LLC Natural Gas Fired Combined Cycle 996
Athens Generating Plant New Athens Generating Company LLC Natural Gas Fired Combined Cycle 984
Astoria Generating Station U S Power Generating Company LLC Natural Gas Steam Turbine 923
Arthur Kill Generating Station NRG Arthur Kill Operations Inc Natural Gas Steam Turbine 877
James A Fitzpatrick Constellation Nuclear Nuclear 853
Bethlehem Energy Center GB II New York LLC Natural Gas Fired Combined Cycle 813
Robert Moses Power Dam New York Power Authority Conventional Hydroelectric 803
Largest electricity generating companies in New York by net summer capacity
Operating company Plants Net summer MW
New York Power Authority 19 5,776
National Grid Generation LLC 11 3,810
Constellation Nuclear 3 3,330
Ravenswood Operations LLC 1 1,947
Oswego Harbor Power 1 1,614
U S Power Generating Company LLC 3 1,474
CCI Roseton LLC 1 1,222
Bowline, LLC 1 1,160
Cricket Valley Energy Center LLC 1 1,016
Sithe/Independence LLC 1 996

Operable units only, from EIA's generator inventory as reported for 2026-05. Capacity is net summer rating, which is what a unit can reliably deliver in peak conditions rather than its nameplate figure. Ownership and operatorship can differ; the company shown is the one EIA records as operating the unit.

Market Overview

Residential Revenue

$13.8B

Commercial Revenue

$15.1B

Residential Sales

52.4M MWh

Residential Customers

7.5M

Other states led by natural gas

These grids also report natural gas as their largest generation share in the latest EIA mix — a different peer set from the price neighbors above.

Frequently Asked Questions

How much does electricity cost in New York?
The statewide residential average revenue per kWh in New York is 26.39¢/kWh (2025), which is 52.5% above the national average. Statewide commercial average: 21.07¢/kWh. Statewide industrial average: 9.55¢/kWh.
Where does New York's residential electricity rate rank nationally?
Among 51 states with a 2025 EIA residential value, New York ranks 45th when rates are ordered from lowest to highest. Its 26.39¢/kWh rate is lower than 6 other states and higher than 44 states, placing it at the 12th affordability percentile.
How much of New York's electricity is renewable?
Renewable sources account for 32.1% of New York's electricity generation (2025). The top source is natural gas at 45.5%.
Are electricity prices going up in New York?
From 2016 to 2025, the statewide annual residential average in New York changed from 17.58¢/kWh to 26.39¢/kWh (+50.1%).
What are commercial and industrial electricity rates in New York?
Statewide average revenue per kWh in New York is 21.07¢/kWh for the commercial sector and 9.55¢/kWh for the industrial sector (2025).
Which energy sources generate the most electricity in New York?
New York's in-state generation is led by natural gas at 45.5% of the mix, followed by nuclear at 20.8% (2025). These shares describe electricity generated in the state, not a utility-specific customer bill.
Where does RateWatt's New York electricity data come from?
RateWatt uses U.S. Energy Information Administration data filtered to New York's reporting code. Annual-frequency sector averages and in-state generation use the latest complete year; the current residential layer uses the latest published month when available. National values appear only as labeled comparisons.

Using New York's numbers

New York is mid-transition, which is the phase where prices are hardest to predict: it is paying to run the old fleet and to build the new one at the same time, and the rate above sits in the middle of that.

  • New York sits 52.5% above the national average, see exactly where it lands among all 50 states. See the rankings
  • Check the multi-year trend before you judge the rate, a low price rising fast can cost more over a decade than a steady one. New York price trend
  • Compare New York side by side with the US average and peer states using the tool above, then estimate your own bill from your monthly kWh. Cost calculator

Figures are EIA state averages by sector, computed as revenue divided by sales, so delivery and taxes are inside them but not broken out. Your actual rate depends on your utility, plan, and usage, see our disclaimer.

Read with New York: why energy prices vary

Utilities serving New York

The 21 utilities that reported bundled residential service in New York to EIA Form 861 (2024), largest first. Entity prices below are Form 861 averages for that release, not the same survey as the 2025 retail-sales statewide average above, and not a household tariff. What an individual household pays depends on which of these serves its address.

Residential utilities reporting in New York on EIA Form 861 (2024), with average price and customers served
Utility Ownership Customers Avg ¢/kWh
Consolidated Edison Co-NY Inc Investor Owned 2.7M 35.66¢
Niagara Mohawk Power Corp. Investor Owned 1.4M 17.22¢
Long Island Power Authority State 1.0M 24.57¢
New York State Elec & Gas Corp Investor Owned 735.2K 18.32¢
Rochester Gas & Electric Corp Investor Owned 294.1K 18.76¢
Central Hudson Gas & Elec Corp Investor Owned 229.6K 25.14¢
Orange & Rockland Utils Inc Investor Owned 170.5K 23.31¢
Sunrun Inc. Behind the Meter 38.9K 22.15¢
Tesla Inc. Behind the Meter 17.0K 18.59¢
Village of Fairport - (NY) Municipal 16.5K 6.69¢
Jamestown Board of Public Util Municipal 15.6K 8.43¢
Village of Freeport - (NY) Municipal 13.4K 14.12¢
SunPower Capital, LLC Behind the Meter 9.4K 26.20¢
City of Plattsburgh - (NY) Municipal 8.8K 5.02¢
Town of Massena - (NY) Municipal 8.2K 6.19¢

Showing the 15 largest of 21 reporting utilities. The 7 serving 100.0K+ residential customers link to a full profile. Presence in EIA Form 861 is not evidence that a utility is available at a given address or that a customer may choose it.

Source: U.S. Energy Information Administration, Electricity (Retail Sales and State Electricity Profiles). See our methodology for details. Retrieved and formatted by RateWatt

Disclaimer: This information is provided for informational purposes only and does not constitute professional advice. Data is sourced from the U.S. Energy Information Administration (EIA). Consult a qualified professional before making decisions based on this data.

Every figure on RateWatt is rendered directly from official U.S. Energy Information Administration (EIA) data, no number is typed in by an editor. Statewide prices use the EIA retail-sales annual series (2025). Generation mix uses a separate EIA generation series (2025). Utility rows use Form EIA-861 (2024) and are not averaged into the statewide retail-sales figure. See our editorial standards & corrections policy, the methodology behind these numbers, or report a data error. Data current as of 2025.