Electricity Rate
24.15¢/kWh
5.78¢ below the New York average
Natural Gas Rate
$2.01/therm
per therm
Avg Electric Bill
$98
per month
Avg Gas Bill
$85
per month
Gas & Electricity in New York City, New York
New York City is served exclusively by Con Edison, one of the world's largest investor-owned energy utilities. NYC has some of the highest commercial rates in the country but residential bills can be moderate due to smaller apartments.
Compared to the New York state average of 29.93¢/kWh/kWh, New York City's electricity rate of 24.15¢/kWh is 5.78¢ below the New York average. As New York is a deregulated market, New York City residents can shop for competitive electricity suppliers to potentially reduce their supply rate.
Electric Utility in New York City
- Con Edison
Natural Gas Utility in New York City
- Con Edison
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New York City vs New York Energy Rates
| Metric | New York City | New York Average | US Average |
|---|---|---|---|
| Electric Rate (¢/kWh) | 24.15¢ | 29.93¢ | 16.00¢ |
| Gas Rate ($/therm) | $2.01 | $1.60 | $1.47 |
| Monthly Electric Bill | $98 | $134 | $117 |
| Monthly Gas Bill | $85 | $98 | $73 |
Energy Assistance Programs for New York City Residents
As a New York city, New York City residents can access the following state and local assistance programs:
- HEAP (Home Energy Assistance Program)
- NY Green Bank
- EmPower New York
- Weatherization Assistance Program
Energy-Saving Tips for New York City Residents
- Check if your building's common areas are energy-efficient — many landlords offer rebates.
- Use LED lighting throughout — they use 75% less energy and last 10x longer.
- Set your thermostat 7-10°F lower for 8 hours per day and save up to 10% annually.
- Switch to a smart power strip to eliminate phantom loads from electronics.
- Request a free energy audit from your utility — many Northeast utilities offer this.
FAQ — Gas & Electricity in New York City, New York
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The average residential electricity rate in New York City is approximately 24.15¢/kWh per kWh. The average household pays around $98 per month for electricity.
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Natural gas customers in New York City pay an average of $85 per month. The rate is approximately $2.01/therm per therm.
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Electricity in New York City is distributed by Con Edison. Contact your provider at your local service address to confirm which utility serves your home.
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New York City natural gas service is provided by Con Edison. Call them directly for new service connections or to report a gas leak.
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New York City's electricity rate of 24.15¢/kWh is below the New York state average of 29.93¢/kWh. This can reflect a municipal utility or favorable regional generation mix.
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To start electric service in New York City, contact Con Edison. For gas service, contact Con Edison. You'll typically need a photo ID, your new address, and a move-in date. Service can usually be established within 1-3 business days.