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New York electricity cost: a top-five price, a below-average bill
New York repeats the pattern EIA's tables show up and down the Northeast: a very high price per unit, softened on the bill by very low usage. Residential electricity averaged 24.43¢ per kWh in 2024 — about 48% above the 16.48¢ U.S. average — and the July 2026 monthly snapshot printed far higher, at 29.90¢. Yet the average New York monthly bill was $139.53, slightly below the U.S. average of $142.26, because the average New York home used just 571 kWh a month, one of the lowest usage figures in the country. Price says New York electricity is expensive; the bill says most households buy unusually little of it.
| New York at a glance | Figure (with source period) |
|---|---|
| Average electricity price (2024) | 24.43¢ per kWh — U.S. average 16.48¢ |
| Latest monthly snapshot (July 2026, preliminary) | 29.90¢ per kWh |
| Average electricity use (2024) | 571 kWh per month — U.S. average 863 kWh |
| Average monthly electric bill (2024) | $139.53 — U.S. average $142.26 |
| Middle Atlantic division price (July 2026) | 25.71¢ per kWh (NY, NJ, PA blended) |
| Natural gas, residential delivered (2024) | $16.58 per Mcf (about $1.60 per therm) — U.S. average $14.50 |
| Heating oil / propane (week of Oct 19, 2026) | $6.417 per gallon / $3.727 per gallon — U.S. averages $6.190 / $2.689 |
Enter your own monthly kWh and price them at the New York average — then compare the same usage at the U.S. average to see the price premium alone.
Open the energy cost calculatorWhy usage is so low — and why the July snapshot jumped
New York's 571 kWh is a housing-stock figure before it is a behaviour figure. A large share of the state's households live in apartments and attached homes in and around New York City, where floor areas are smaller, winter heat commonly arrives as building-supplied steam or gas rather than household electricity, and air conditioning — where it exists — cools fewer rooms. EIA's Residential Energy Consumption Survey (RECS) puts Middle Atlantic households at 89.0 MMBtu of site energy a year and $2,162 of energy spending, well above the national household totals, which is the reminder that the electricity meter is only part of a New York home's energy life: the heating fuels below carry much of the load. The July 2026 snapshot needs its usual caution twice over. July is a summer, air-conditioning month, so a monthly price always reads differently from an annual average — but New York's jump from a 24.43¢ annual figure to 29.90¢ in July 2026 is larger than the seasonal pattern alone, and EIA marks the monthly figure preliminary, meaning it can be revised. Read it as evidence that 2026 prices ran hot, not as a new annual rate.
What the price does to decisions priced in kilowatt-hours
At 24.43¢, every electric appliance decision in a New York home reprices. Home EV charging, from this site's EV guide and computed directly from the Table 5A price: a 60 kWh full charge costs $14.66 in New York against $9.89 at the U.S. average, and 1,000 miles of driving at the labeled 3.0 miles-per-kWh assumption costs $81.43 against $54.93 nationally. Heat is the bigger contest. A million Btu of electricity costs about $71.60 before efficiency (arithmetic on EIA's 3,412 Btu per kWh), while delivered gas at $16.58 per Mcf works out to roughly $16.00 per million Btu (dividing by 1.037 MMBtu per Mcf) — so in New York a heat pump's two-to-three-times efficiency multiplier still leaves electric heat well behind gas on fuel cost alone, and heating oil at $6.417 a gallon (about $46.34 per million Btu at EIA's 138,500 Btu per gallon, before boiler efficiency) sits between the two. That three-way spread — gas cheapest, oil in the middle, resistance electricity dearest — is the arithmetic behind the state's fuel mix, and it is why EIA's Winter Fuels Outlook still forecasts Northeast households heating mainly with gas to spend $879 this winter against $1,637 for electricity and $1,687 for propane.
The surrounding fuels
New York's delivered gas, at $16.58 per Mcf, runs 14% above the U.S. average — expensive, but nowhere near the electricity premium, which is precisely why gas dominates New York heating where pipelines reach. Beyond the gas grid, the delivered fuels price at a clear Northeast premium: heating oil at $6.417 a gallon was the second-highest state price in EIA's October 19, 2026 survey week (only Delaware's $6.431 was higher), and propane at $3.727 a gallon sat 39% above the $2.689 U.S. average. A 275-gallon oil fill at that week's price costs $1,764.68 (arithmetic on the published price) — the lump-sum reality behind the winter outlook figures. The state-level starting point remains our New York state guide; this page is the electricity deep-dive behind it, and our Mid-Atlantic page sets New York beside New Jersey and Pennsylvania.
Sources: EIA — Electric Sales, Revenue & Average Price 2024, Table 5A (Form EIA-861) · EIA — Electric Power Monthly, Table 5.6.A (July 2026) · EIA — Natural Gas Annual 2024, Table 23 (Form EIA-176) · EIA — Heating Oil and Propane Update (week of October 19, 2026) · EIA — Winter Fuels Outlook, October 2026 · EIA — Residential Energy Consumption Survey (RECS) 2020, Table CE1.1. Last verified: October 2026 — energy prices move with seasons and markets; confirm the current rate on your own bill.
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New York energy costs (state guide) · Mid-Atlantic energy costs · EV home charging cost by state · Electricity prices & average bills by state · Winter heating costs 2026–27