⚡ Electricity rates in New York (2026)
Average price: 23¢/kWh — above the national average (+39% vs. the U.S. average). Typical bill ~$138/month.
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New York electric bill estimator
Starts from the New York average bill.
☀️ Would solar pay off in New York?
With New York's rates and sunlight, a typical home solar system has an estimated payback of 14.6 years and could save about $12,064 over 25 years (after the 30% federal tax credit).
See New York solar savings →Electricity bills in New York cities
New York electricity FAQ
What is the average electricity rate in New York?
About 23¢ per kWh — above the national average (+39% vs. the U.S. average of 16.5¢). The typical New York household bill is around $138 per month.
Why is electricity expensive in New York?
New York's price reflects its generation mix, fuel costs, delivery charges, and regulation in the Northeast. Households here use about 600 kWh per month on average.
How can I lower my electric bill in New York?
Improve insulation and efficiency, shift heavy usage off-peak where time-of-use rates apply, and — if you're in a deregulated market — compare suppliers. Solar can cut the bill further; see the estimate below.