NewInsight: Investor-owned utilities charge 23% more for power

Electricity prices in New York

What homes in New York pay for electricity, from EIA.

Headlines

Average price
28.6¢ a kWh
Up 11% on a year ago
Average bill
$168 a month
Up 12% on a year ago
Average use
586 kWh
A month. US 875 kWh
Price rank
6 of 51
1 is the most expensive

Over the 12 months to August 2026, New York homes paid 28.6¢ a kWh, against a US average of 18.0¢.

New York vs the US

New YorkUS
Average price, 12 months to August 202628.6¢18.0¢
Price in August 202628.6¢18.2¢
Average monthly bill, 12 months$168$158
Bill in August 2026$212$209
Average monthly use586 kWh875 kWh
Price change, past year+11%+6.5%
Price change since 2019+59%+39%

Electricity price

Average residential price a kilowatt-hour, by month.

Up to and including August 2026

Average monthly bill

What an average home pays a month. Bills peak in summer and winter.

Up to and including August 2026

Natural gas price

Average residential price a thousand cubic feet, by month. Summer prices are high because fixed charges are spread over little gas.

Up to and including August 2026

Utilities in New York

Past 12 months, utilities with 10,000 homes or more. These utilities serve 94% of homes in New York; smaller utilities serve the rest.

Con EdisonInvestor-owned38.5¢+6.0%$1482,987,741
National Grid (Niagara Mohawk)Investor-owned23.2¢+24%$1501,481,492
Long Island Power AuthorityState27.7¢+7.1%$2101,036,952
New York State Electric & GasInvestor-owned24.9¢+16%$180771,460
Rochester Gas & ElectricInvestor-owned23.9¢+14%$161345,119
Central Hudson Gas & ElectricInvestor-owned30.7¢+15%$213253,605
Orange & Rockland UtilitiesInvestor-owned28.0¢+12%$198202,541
Jamestown Board of Public UtilityMunicipal8.9¢+3.4%$7815,549

Open rate cases in New York

Increases a utility has asked for, as filed. The regulator usually approves less.

UtilityFiledAsked forDecision due
New York State Electric & Gaselectricity, 25-E-037530 Jun 2025$464 million, 18.4%–
Rochester Gas & Electricelectricity, 25-E-037930 Jun 2025$220 million, 19.8%–
New York State Electric & Gasgas, 25-G-037830 Jun 2025$93 million, 22.1%–
Rochester Gas & Electricgas, 25-G-038030 Jun 2025$73 million, 17.1%–

Rate cases decided in New York, past two years

Approved is the first year's increase, where the regulator states it.

UtilityDecidedAsked forApproved
Liberty Utilities (St. Lawrence Gas) Corp.gas, 24-G-066822 Jan 2026$2.2 million, 6.1%$1.1 million
Consolidated Edisonelectricity, 25-E-007222 Jan 2026$1.61 billion$234 million
Consolidated Edisongas, 25-G-007322 Jan 2026$440 million$28 million
Niagara Mohawk Power Corporation d/b/a National Gridelectricity, 24-E-032214 Aug 2025–$167 million
Central Hudson Gas & Electricelectricity, 24-E-046114 Aug 2025$30 million$30 million
Niagara Mohawk Power Corp d/b/a National Gridgas, 24-G-032314 Aug 2025–$57 million
Central Hudson Gas & Electricgas, 24-G-046214 Aug 2025–$15 million
Corning Natural Gas Corporationgas, 24-G-044712 Jun 2025–$2.3 million
National Fuel Gasgas, 23-G-062719 Dec 2024–$37 million

Heating fuels in New York: heating oil, propane.