New York City Electricity Rates

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Cheapest Electricity Plans in New York City

Today's Cheapest New York City Electricity Rates

Comparing electricity providers in New York City, the cheapest rate is 13.97¢/kWh at 1,000 kWh. Rates range up to 100¢ depending on plan length and usage tier.

As of October 21, 2026 @ 1:13 PM CT for New York City. Plans sorted by rate at 1,000 kWh usage. Review the EFL for each plan before enrolling.
Plan NamePlan LengthRate at 1,000 kWhSign up
Zone One Energy LLC – Zone One Energy LLC 1 Monthly 13.97¢/kWh Continue
Quantum Power Corp. – Quantum Power Corp. 12 12 months 14.90¢/kWh Continue
GreenLight Energy – Greenlight Energy Inc. 1 Monthly 15.00¢/kWh Continue
Verde Energy – Verde Energy USA New York LLC 12 12 months 16.79¢/kWh Continue
Chief Energy Power, LLC – Chief Energy Power, LLC 12 12 months 16.85¢/kWh Continue
MPower Energy – Mpower Energy, LLC 60 60 months 17.40¢/kWh Continue
Public Power, LLC – Public Power, LLC 12 12 months 17.79¢/kWh Continue
Newyork Gas & Electric – Energy Services Providers, LLC DBA New York Gas & Electric (16414EN) 12 12 months 17.89¢/kWh Continue
City Power & Gas – City Power & Gas, LLC 12 12 months 17.96¢/kWh Continue
All Choice Energy, LLC – All Choice Energy, LLC 1 Monthly 18.99¢/kWh Continue
Family Energy – Family Energy, Inc. d/b/a MYRATE ENERGY 60 60 months 19.29¢/kWh Continue
Eligo Energy – Eligo Energy NY, LLC 12 12 months 19.79¢/kWh Continue
Alpha Gas and Electric – Alpha Gas and Electric, LLC 24 24 months 19.90¢/kWh Continue
Approved Energy – Approved Energy 12 12 months 19.90¢/kWh Continue
Abest Green Power – Abest Green Power 1 Monthly 19.99¢/kWh Continue
Brown's Energy – Brown's Energy Services, LLC 1 Monthly 20.00¢/kWh Continue
CleanChoice Energy – Clean Choice Energy, Inc. 24 24 months 20.10¢/kWh Continue
American Power & Gas – American Power & Gas, LLC 12 12 months 20.89¢/kWh Continue
Northeastern Power and Gas, LLC – Northeastern Power and Gas, LLC 12 12 months 21.50¢/kWh Continue
Inspire – Inspire Energy Holdings, LLC 24 24 months 21.99¢/kWh Continue
New York City electricity rate distribution chart showing 41 plans from 14.0¢ to 100.0¢ per kWh
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New York City Electricity Plans to Know About in October

New York City residents have plenty of electricity options to choose from. Based on today’s pricing, consider these plans:

  • Zone One Energy LLC – Zone One Energy LLC 1 (month-to-month): 13.97¢/kWh at 1,000 kWh.
  • Quantum Power Corp. – Quantum Power Corp. 12 (12-month): 14.90¢/kWh at 1,000 kWh. Locks in your rate for 12 months.
03

New York City Electricity Suppliers

We compare rates from 29 certified ESCOs active in Con Edison’s New York City territory. Every supplier below offers plans to New York City residents today.

Zone One Energy LLC
ESCO · NYC
Quantum Power Corp.
ESCO · NYC
GreenLight Energy
ESCO · NYC
Verde Energy
ESCO · NYC
Chief Energy Power, LLC
ESCO · NYC
MPower Energy
ESCO · NYC
Public Power, LLC
ESCO · NYC
Newyork Gas & Electric
ESCO · NYC
City Power & Gas
ESCO · NYC
All Choice Energy, LLC
ESCO · NYC
Family Energy
ESCO · NYC
Eligo Energy
ESCO · NYC
Alpha Gas and Electric
ESCO · NYC
Approved Energy
ESCO · NYC
Abest Green Power
ESCO · NYC
Brown's Energy
ESCO · NYC
CleanChoice Energy
ESCO · NYC
American Power & Gas
ESCO · NYC
Northeastern Power and Gas, LLC
ESCO · NYC
Inspire
ESCO · NYC
Agway Energy Services LLC
ESCO · NYC
Kiwi Energy
ESCO · NYC
ABN Energy, LLC
ESCO · NYC
Pay Less Energy, LLC
ESCO · NYC
South Bay Energy Corp.
ESCO · NYC
Green Mountain Energy
ESCO · NYC
Power Up Energy, LLC
ESCO · NYC
All American Power and Gas, LLC.
ESCO · NYC
Great American Gas & Electric, LLC
ESCO · NYC
04

New York City Business Electricity Rates

New York City’s economy spans finance (Wall Street), technology, healthcare, media, and professional services. Commercial customers access deregulated ESCO rates through the Con Edison territory.

Business electricity pricing factors in peak demand, load factor, and total volume. A quick quote is the only way to see what rates are available for your specific business profile.

05

New York City Electricity FAQ

Common questions about electricity rates, plans, and suppliers in New York City and the Con Edison service area.

What is the cheapest electricity rate in New York City right now?

The current floor in New York City is 13.97¢/kWh at 1,000 kWh, offered by Zone One Energy LLC (Zone One Energy LLC 1). Most plans cluster between 13.97¢ and 23.2¢/kWh across 41 total options from 29 PSC-certified providers. Switching from the market average to the cheapest plan saves roughly $92/month at 1,000 kWh. Every plan uses the same your local utility delivery grid. We pull fresh rates throughout the day.

What is the average monthly electric bill in New York City?

Based on today’s average rate of 23.2¢/kWh, expect about $232/month for 1,000 kWh of usage in New York City. EIA data shows New York homes typically consume 590 kWh/month. On the cheapest plan at 13.97¢, supply drops to $140/month. Add your local utility’s regulated delivery fees for the total bill amount.

Who delivers electricity in New York City?

Electricity in New York City is delivered by your local utility, the regulated utility for this area. your local utility owns the poles, wires, transformers, and meters. Under PSC regulations, your local utility must deliver power equally to all customers regardless of which ESCO (Energy Service Company) they purchase supply from. Your supplier choice changes only your rate and billing.

How do I switch electricity providers in New York City?

It takes about five minutes: compare plans, pick your provider, and enroll online. your local utility processes the switch in 1–2 billing cycles under PSC regulations. No technician visit, no interruption, no equipment changes. Your ESCO (Energy Service Company) handles all coordination with your local utility. Same power, same grid, same meter — just a new rate on your bill.

Are there renewable energy plans in New York City?

Yes — several New York City providers offer plans with partial or full renewable energy content through Renewable Energy Certificates (RECs). These RECs match your usage with wind and solar generation on the NYISO grid. No equipment changes are needed. your local utility delivers the power identically regardless of whether your plan includes renewable content. Check each plan’s ESCO contract for the exact renewable percentage.

How much are electricity delivery charges in New York City?

your local utility’s delivery charges are regulated by the New York Public Service Commission (PSC) and identical for all New York City customers, regardless of supplier. These fees cover transmission, distribution infrastructure, and grid maintenance. When comparing New York City electricity plans, the rates shown at 1,000 kWh typically include delivery fees. Review each plan’s ESCO contract for the full breakdown of supply versus delivery costs.

Should I choose a fixed or variable rate plan in New York City?

Fixed-rate plans lock your supply rate for a set term (typically 3–36 months), protecting you from seasonal price spikes on the NYISO grid. Variable-rate plans can change monthly based on wholesale electricity costs. In New York City, fixed plans currently start at 13.97¢/kWh. Most energy advisors recommend fixed rates for budget predictability, especially during peak-demand seasons when wholesale prices historically spike.