See the latest monthly state residential average, compare it with the annual benchmark, and calculate operating costs using your own inputs.
Latest monthly residential price29.93¢/kWh
+62.3% above U.S. monthly average
1,000 kWh energy cost$299.30
Latest U.S. average18.44¢/kWh
Latest monthly rank#3 of 51
What different usage levels cost in New York
Multiply monthly kilowatt-hours by $0.2993 per kWh to estimate energy charges at the latest 2026-05 statewide residential average. Fixed charges and plan-specific adjustments are not included.
Monthly useEnergy costAnnual equivalent
500 kWh$149.65$1796/yr
750 kWh$224.47$2694/yr
1,000 kWh$299.30$3592/yr
1,250 kWh$374.13$4490/yr
1,500 kWh$448.95$5387/yr
In the latest monthly dataset, New York ranks #3 from highest to lowest among the 50 states and District of Columbia. Its less seasonal 2025 annual average was 26.39¢/kWh, ranking #7. See the annual ranking.
Calculate an appliance at the New York average
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hours
days
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EIA residential average price, not a utility-specific rate. Your bill’s all-in rate gives the best personal estimate.
Live estimate
Estimated monthly cost$53.87at 29.93¢ per kWh
Per day$1.80
Per year$655
Monthly use180.0 kWh
Transparent calculation(1500 W ÷ 1,000) × 4 hr × 30 days × $0.299/kWh
Actual use can differ when equipment cycles or changes power. Measure at the wall when precision matters.
A statewide average cannot reproduce your utility rate plan. Check whether your bill includes tiered pricing, time-of-use periods, a longer billing cycle, fuel or delivery adjustments, fixed customer charges, taxes, or credits.
Use your actual all-in price when possible
For a personal estimate, divide the total electric charges on your bill by the total kWh used. That captures the combined price represented on that bill.
total electric charges ÷ total kWh = your all-in $/kWh
Use the New York average with your utility and supply details
New York electricity costs vary by utility service territory, supply arrangement, delivery charges, and rate plan. A statewide average cannot represent every household from New York City to upstate utility territories.
Read the bill for the current supply price, delivery components, billing dates, and kWh. If an energy service company supplies electricity, compare its term and price with the utility information on the statement before projecting savings.
Confirm the utility service territory and rate classification.
Identify the current electricity supplier shown on the bill.
Keep fixed charges separate when estimating an added appliance load.
Use time-specific prices when the account is on a time-varying plan.
What is the latest average residential electricity price in New York?
The latest EIA monthly value available for New York is 29.93 cents per kilowatt-hour for 2026-05. The 2025 annual comparison value is 26.39 cents per kWh. These are revenue-based averages, not utility-specific rates for every household.
How much does 1,000 kWh cost in New York?
At the latest 2026-05 average of 29.93 cents per kWh, 1,000 kWh of energy charges equals about $299.30 before any separate fixed fees or adjustments.
Why can my utility rate differ from the state average?
Utility territory, rate plan, time of use, fuel adjustments, taxes, fixed fees, and the billing period can all change the price a household actually pays.
Data source
U.S. Energy Information Administration, Electricity Retail Sales, residential average price. Latest monthly data: 2026-05; comparison baseline: 2025 annual. Verified 2026-08-05. Monthly prices can vary seasonally and are not utility-specific rates.