New York Electricity Rates 2026 — Cost per kWh & Savings
The average electricity rate in New York (NY) is $0.2101/kWh, ranking #44 among US states. The average monthly bill is $122 for 581 kWh of usage.
Calculate Your New York Electric Bill
Electricity Savings Tips for New York
New York has high electricity rates, especially in New York City where Con Edison rates exceed $0.25/kWh. The state offers generous solar incentives including NY-Sun rebates, net metering, and SREC income. Community solar is also available for apartment dwellers who cannot install rooftop panels.
Primary Utility: Con Edison, NYSEG
New York has a deregulated electricity market. This means you can shop for competitive electricity supply rates from third-party providers while your local utility (Con Edison, NYSEG) still handles delivery. Shopping for a lower supply rate can save 10-20% on your bill.
Solar Energy in New York
New York receives an average of 3.8 peak sun hours per day. While not the sunniest state, solar panels still produce meaningful energy here. At $0.21/kWh, a solar system that produces 6658 kWh/year saves approximately $1399/year. With the 30% federal tax credit, typical payback is 4-6 years.