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Energy Profile

New York

Electricity costs 26.39¢/kWh residential, ranking #45 cheapest in the US. 30.0% renewable energy.

Reviewed by EnergyProfile Editorial Team · Updated

26.39¢

Residential Rate

#45

Price Rank (Cheapest)

30.0%

Renewable Energy

#19

Renewable Rank

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Electricity Rates

Residential26.39¢/kWh
Commercial21.07¢/kWh
Industrial9.55¢/kWh
National Average17.92¢/kWh

Electricity Generation Mix

Natural Gas

48.3%

Hydro

21.7%

Nuclear

21.0%

Wind

4.7%

Solar

2.4%

Other

1.9%

Frequently Asked Questions

The residential electricity rate in New York is 26.39¢ per kilowatt-hour, ranking #45 cheapest out of 51 states. The national average is 17.92¢/kWh, making New York 47% above average.

30.0% of New York's electricity comes from renewable sources, ranking #19 among all states. The largest generation source is Natural Gas at 48.3%.

New York's residential rate of 26.39¢/kWh is 47% above the national average of 17.92¢/kWh. Commercial rates are 21.07¢/kWh and industrial rates are 9.55¢/kWh.

Related State Energy Profiles

Vermont Energy Profile

22.92¢/kWh residential · 99.8% renewable

New Hampshire Energy Profile

24.56¢/kWh residential · 14.9% renewable

Alaska Energy Profile

26.09¢/kWh residential · 28.2% renewable

Maine Energy Profile

27.78¢/kWh residential · 53.8% renewable

Connecticut Energy Profile

29.38¢/kWh residential · 3.1% renewable

South Dakota Energy Profile

13.38¢/kWh residential · 81.6% renewable

Sources: US Energy Information Administration (EIA), EIA State Energy Data System

Electricity rates from EIA retail sales data. Prices in cents per kilowatt-hour. Generation mix from EIA electric power operational data. Rankings based on residential rates.

At 26.39¢/kWh, residential electricity in New York is 47% above the U.S. average of 17.92¢/kWh — the 7th most expensive residential rate among 51 states and territories.

Across rate classes, commercial customers pay 21.07¢/kWh and industrial customers 9.55¢/kWh — a 11.52¢/kWh gap that reflects the volume discounts large industrial loads receive. Renewables account for 30.0% of generation in New York (19th highest nationally). The largest single source is natural gas at 48.3%, followed by hydroelectric at 21.7%.

In 2024, New York generated about 129,015 GWh of electricity in total.

Source: U.S. Energy Information Administration, 2026.