Average Electric Bill in New York — May 2026
The average residential electric bill in New York is $134/mo as of May 2026, at an average price of 29.93¢/kWh — +12.1% versus a year earlier.
New York at a glance
Price history (last 12 months)
| Month | Avg residential price |
|---|---|
| May 2026 | 29.93¢/kWh |
| April 2026 | 29.45¢/kWh |
| March 2026 | 28.55¢/kWh |
| February 2026 | 29.99¢/kWh |
| January 2026 | 28.37¢/kWh |
| December 2025 | 27.39¢/kWh |
| November 2025 | 26.42¢/kWh |
| October 2025 | 26.95¢/kWh |
| September 2025 | 27.23¢/kWh |
| August 2025 | 26.67¢/kWh |
| July 2025 | 26.22¢/kWh |
| June 2025 | 26.55¢/kWh |
| May 2025 | 26.69¢/kWh |
Residential average retail price by month. Source: U.S. EIA (public domain).
Why your bill is rising
New York is not in the PJM footprint, so the locked PJM capacity increases do not apply here. The only forward-looking line we can show honestly is the observed 12-month price trend — context, not a promise.
- trendIf the last 12 months' trend continues+3.63¢/kWh · ≈+$16.26/mo
Monthly impact at the state-average usage of 448 kWh/mo.
Extends the observed year-over-year residential price change (EIA) one more year. Context, not a promise - fuel and distribution costs can move either way. source · 2026-05
Not sure if your own bill jump is price, usage, or both? Our diagnostic guide walks through both checks.
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New York average: $134/mo at 29.93¢/kWh (+12.1% YoY)
Your bill is 12.0% above the state average (≈501 kWh/mo at the state average price).
Where your bill is headed:
- trendIf the last 12 months' trend continues+$18.19/mo
“Locked” = PJM capacity auction prices already cleared (a floor - several utility zones cleared higher). “Trend” = the observed 12-month EIA trend extended, not a promise.
Three ways to fight it:
- Switch your plan. New York lets residents pick their electricity supplier. Plan comparison coming soon.
- Find your energy hogs. See what each appliance actually costs to run at New York rates: cost-to-run guides.
- Get a home energy audit. DOE guide to professional and DIY audits.
Estimate only, based on official data as of May 2026 (U.S. EIA residential averages; PJM auction results). Your actual plan price differs.
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One email a month when the New York numbers update from the EIA refresh - price, average bill and trend, sourced and dated.
Can you switch plans in New York?
Yes. New York has a deregulated retail electricity market, so residents can choose their electricity supplier — the supply portion of the bill is shoppable. NYISO, not PJM; ESCO retail choice.
Plan comparison partners coming soon.
Frequently asked questions
- What is the average electric bill in New York?
- The average residential electric bill in New York is $134/mo as of May 2026, at an average price of 29.93¢/kWh (+12.1% versus a year earlier), per official U.S. EIA data.
- Why are electric bills changing in New York?
- New York is not in the PJM footprint, so the locked PJM capacity increases do not apply here. The only forward-looking signal available is the observed 12-month price trend, shown on this page as context rather than a promise.
- Can I switch electricity suppliers in New York?
- Yes. New York has a deregulated retail electricity market, so residents can choose their electricity supplier. NYISO, not PJM; ESCO retail choice.
Estimate only, based on official data as of May 2026. Source: U.S. Energy Information Administration, residential retail sales (public domain), refreshed monthly. Your actual plan price differs.