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

New York State Electric & Gas electricity rates

What homes pay New York State Electric & Gas for electricity, from EIA.

Investor-owned utility, 771,460 homes in New York. EIA lists it as New York State Elec & Gas Corp.

Headlines

Average price
24.9¢ a kWh
Up 16% on a year ago
Average bill
$180 a month
Up 13% on a year ago
Average use
725 kWh
A month. New York 586 kWh
Price rank in New York
5 of 8
1 is the most expensive

Over the 12 months to August 2026, New York State Electric & Gas homes paid 24.9¢ a kWh, against 28.6¢ across New York.

New York State Electric & Gas vs New York

New York State Electric & GasNew York
Average price, 12 months to August 202624.9¢28.6¢
Price in August 202620.9¢28.6¢
Average monthly bill, 12 months$180$168
Bill in August 2026$159$212
Average monthly use725 kWh586 kWh
Price change, past year+16%+11%
Price change since 2019+118%+59%

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.

Up to and including August 2026