Partially Deregulated

New York Electricity Rates

Compare rates from 3 utilities serving New York. Find the best rates and learn how to save on your electricity bill.

Avg. Rate

20.2¢/kWh

Lowest Rate

17.2¢/kWh

Highest Rate

24.8¢/kWh

Customers

5.1M

New York Utilities
3 utilities ranked by average electricity rate
1

NYSEG

Lowest Rate

890,000 customers

Budget BillingSmart Meters

17.2¢/kWh

+4.5% YoY
7% above

national avg

Service Areas:

2

National Grid New York

1.6 million customers

Budget BillingEnergy EfficiencyGas Service

18.5¢/kWh

+5.2% YoY
16% above

national avg

Service Areas:

3

Con Edison

3.5 million customers

Time-of-Use RatesBudget BillingSolar Programs

24.8¢/kWh

+7.5% YoY
55% above

national avg

Market Overview

New York has a partially deregulated market where you can choose your energy supplier (ESCO) while your local utility handles delivery. Rates vary significantly between upstate and downstate regions, with New York City having the highest rates.

Money-Saving Tips
  • Compare ESCO offers but watch for variable rate traps
  • Apply for HEAP assistance if you qualify
  • Consider community solar if you can't install panels
  • Time-of-use rates can save money if you can shift usage
Assistance Programs
  • 1HEAP (Home Energy Assistance Program)
  • 2EmPower New York (free efficiency upgrades)
  • 3Utility Assistance Programs

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Frequently Compared: New York City Rates

Compare electricity rates and utility providers across popular New York cities. Each city guide includes rate plans, bill breakdowns, and local assistance programs.