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TypicalCost

Typical Cost of Electricity in New York

On this page

About 29.90¢ per kWh in July 2026, the latest month published. That is 63.3% above the U.S. average of 18.31¢. This is the average for homes across New York.

Latest rate

29.90¢

per kWh, July 2026

Against the U.S. average

+11.59¢

+63.3%U.S. 18.31¢

From a year earlier

+3.68¢

+14.0%26.22¢ in Jul 2025

Rank among states

47th lowest

of 51, counting the District of Columbia

Where New York sits among the states

Each tick is one state's rate for July 2026. The highlighted band holds the middle half of them, and the dark line is the median.

Across 51 states the rate ranged from 12.72¢ to 48.00¢ per kWh in July 2026. The typical band runs from 14.85¢ to 22.38¢, with a median of 16.09¢. New York is at 29.90¢.

What an appliance costs to run in New York

The calculator starts from New York's average rate. Change the power and hours to match your appliance, or enter the rate from your own bill.

Work it out with your numbers

Per hour
$0.45
Per day8 h
$3.59
Per month
$109
Per year
$1,310
1,500 W ÷ 1,000 × 8 h × 29.9¢ = $3.59 a dayA month is one twelfth of a year.29.90¢ is the New York average for July 2026. The 1,500 W and 8 hours are only a starting example.

How the rate has moved

Monthly averages from January 2024 to July 2026. The lowest was 23.03¢ in April 2024 and the highest 29.99¢ in February 2026.

Monthly average residential electricity rate in New York from January 2024 to July 2026, ranging from 23.03¢ to 29.99¢ per kWh. The latest is 29.90¢.

Month by month

MonthRate per kWhFrom the month before
July 202629.90¢+1.4%
June 202629.49¢−1.5%
May 202629.93¢+1.6%
April 202629.45¢+3.2%
March 202628.55¢−4.8%
February 202629.99¢+5.7%
January 202628.37¢+3.6%
December 202527.39¢+3.7%
November 202526.42¢−2.0%
October 202526.95¢−1.0%
September 202527.23¢+2.1%
August 202526.67¢+1.7%

What this figure is

This is what residential customers in New York paid on average for each kilowatt-hour: the total billed to homes divided by the electricity they used. It blends every utility and rate plan in the state, so the rate on your own bill can be higher or lower.

Rates often change with the season, which is why the comparison above uses the same month a year earlier. The figure is published about two months after the month it describes.

Common questions

How much does electricity cost per kWh in New York?

Homes in New York paid about 29.90¢ per kilowatt-hour on average in July 2026, the latest month published by the U.S. Energy Information Administration.

How much does 1,000 kWh of electricity cost in New York?

At the average residential rate of 29.90¢ per kWh, 1,000 kWh works out to about $299. An actual bill depends on your utility, your plan and how much you use.

Is electricity cheap or expensive in New York?

New York has the 47th lowest residential electricity rate out of 51, counting the District of Columbia. That is +63.3% against the U.S. average of 18.31¢.

Are electricity rates going up in New York?

Up over the past year. The average residential rate was 26.22¢ in July 2025 and 29.90¢ in July 2026, a change of +14.0%.

Source

U.S. Energy Information Administration

Average retail price of electricity, residential. Covers January 2024 to July 2026. Retrieved on October 6, 2026.

EIA electricity data

Source: U.S. Energy Information Administration (July 2026 data).

Electricity rates in other states

The percentage compares each state with the U.S. average.