What is the average electricity rate in Olean, New York?

The average residential electricity rate in Olean is approximately 28.43¢/kWh per kWh. The average household pays around $127 per month for electricity.

What is the average natural gas bill in Olean?

Natural gas customers in Olean pay an average of $98 per month. The rate is approximately $1.60/therm per therm.

Which electric company serves Olean, New York?

Electricity in Olean is distributed by Con Edison and National Grid. Contact your provider at your local service address to confirm which utility serves your home.

Which gas company serves Olean?

Olean natural gas service is provided by Con Edison and National Grid. Call them directly for new service connections or to report a gas leak.

How do Olean electricity rates compare to New York averages?

Olean's electricity rate of 28.43¢/kWh is below the New York state average of 29.93¢/kWh. This can reflect a municipal utility or favorable regional generation mix.

How do I start or stop utility service in Olean?

To start electric service in Olean, contact Con Edison and National Grid. For gas service, contact Con Edison and National Grid. 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.

Olean, New York Gas & Electricity Rates — Utility Providers & Savings 2026

Gas & Electricity in Olean, New York

Electricity in Olean, New York (NY) is distributed by Con Edison at rates close to the New York average of 29.93¢/kWh. Natural gas service is provided by Con Edison. Contact your provider to set up service or inquire about bill assistance.

Compared to the New York state average of 29.93¢/kWh/kWh, Olean's electricity rate of 28.43¢/kWh is 1.50¢ below the New York average. As New York is a deregulated market, Olean residents can shop for competitive electricity suppliers to potentially reduce their supply rate.

Electric Utility in Olean

Con Edison
National Grid
Central Hudson
Orange & Rockland
NYSEG
Rochester Gas & Electric

Natural Gas Utility in Olean

Con Edison
National Grid
KeySpan

Olean vs New York Energy Rates

Metric	Olean	New York Average	US Average
Electric Rate (¢/kWh)	28.43¢	29.93¢	16.00¢
Gas Rate ($/therm)	$1.60	$1.60	$1.47
Monthly Electric Bill	$127	$134	$117
Monthly Gas Bill	$98	$98	$73

Energy Assistance Programs for Olean Residents

As a New York city, Olean 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 Olean Residents

✓ Insulate your attic to at least R-49 to reduce winter heat loss by up to 15%.
✓ Install a programmable thermostat and set it to 68°F while home, 60°F while sleeping or away.
✓ Seal air leaks around windows and doors before the heating season to cut drafts.
✓ Schedule an annual furnace tune-up every fall to maintain peak efficiency.
✓ Use heavy drapes on north-facing windows during winter to reduce cold air infiltration.

FAQ — Gas & Electricity in Olean, New York

The average residential electricity rate in Olean is approximately 28.43¢/kWh per kWh. The average household pays around $127 per month for electricity.
Natural gas customers in Olean pay an average of $98 per month. The rate is approximately $1.60/therm per therm.
Electricity in Olean is distributed by Con Edison and National Grid. Contact your provider at your local service address to confirm which utility serves your home.
Olean natural gas service is provided by Con Edison and National Grid. Call them directly for new service connections or to report a gas leak.
Olean's electricity rate of 28.43¢/kWh is below the New York state average of 29.93¢/kWh. This can reflect a municipal utility or favorable regional generation mix.
To start electric service in Olean, contact Con Edison and National Grid. For gas service, contact Con Edison and National Grid. 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.