Here are the current New York electricity rates for each utility along with the retail energy provider rates NY residents can switch to. Start by locating your utility below and selecting the rate you would like to switch to.
Average New York Electricity Bill
New York Average Bill
The average electricity price in New York is 18.52¢ per kWh which ranks 8th highest in the United States. With an average household usage of 604 kWh per month, New York ranks in the top 10 for energy efficiency as well. This leads to an average electricity bill that is in the bottom half of the country at $111.93 per month.
Updated 3/13/2020 Source: U.S. Energy Information Association (EIA)
New York Energy Deregulation or “Electric Choice”
The State of New York became deregulated in 1996 after the New York State Public Service Commission (PSC) mandated utilities to unbundle electricity charges on customer bills.
The supply charge on electric bills is now separate from the delivery and transmission charges. This enables customers to shop around for the supply portion from various “retail electricity providers” in their service area – also known as “Energy Service Companies or ESCOs” in New York. These retail electricity providers compete with each other for customers, which results in companies offering lower rates and other incentives to switch.
New York Public Utilities
No matter where the electricity supply comes from, the local utility will continue to send the bill, charge for delivery and transmission, maintain the wires and poles, and respond to downed power lines and other emergencies. New York electric utilities include:
- Bath Electric, Gas & Water Systems
- Central Hudson Gas & Electric
- Con Ed (Consolidated Edison)
- Fishers Island Electric Corporation
- New York State Electric & Gas Corp.
- National Grid (Niagra Mohawk)
- Orange & Rockland
- Pennsylvania Electric Company
- Rochester Gas & Electric
- Various Municipal Utilities
How to Compare New York Electricity Rates
Residents should compare New York Electricity Rates because they could benefit from:
- Lower rates
- Customized and flexible plans
- Multiple contract durations (e.g., 3, 6, 12, or 18-month terms)
- Fixed prices for the length of the contract
- Hybrid (fixed and variable) pricing for unusual electricity consumption
- More innovative products and services
- Multiple bill-pay options
- Green/Renewable electricity options
- Telephone bill bundling
- Discounted repair services for furnaces
New York Electricity Providers
To use this FREE tool, go to the top of the page and type your zip code. After you’ve selected your utility, you’ll be presented with the best rate plans from reliable providers in your area.
To compare energy provider rates with the rates you are being charged, find the “Price-to-Compare” on your most recent utility bill. This rate is expressed as “cents/kWh” (cents per kilowatt-hour) and may look something like this: 9.016 cents/kWh.
Switching is fast and easy once you’ve selected the best provider for you. Simply gather your utility account information and enroll right here at electricityrates.com. The New York electricity provider’s customer service department will do all of the switching for you, so you won’t have to call your utility. You’ll start seeing charges for the new rate within one to two billing cycles.
Click here to view The New York State Public Service Commission’s ESCO Consumers Bill of Rights in order to learn about your rights as an energy service company consumer.