New York City Electricity Rates
29 electricity providers compete for your business in New York City, offering 45 plans from 13.4¢ to 40¢/kWh. The three cheapest providers are City Power & Gas, Zone One Energy LLC, and Quantum Power Corp.. The average rate at 1,000 kWh is 19.8¢/kWh.
Cheapest Electricity Plans in New York City
Sorted by price at 1,000 kWh. Plans with bill credits can cost more at other usage levels — check the EFL for the full breakdown.
| Provider | Plan | Rate | Action |
|---|---|---|---|
 |
City Power & Gas
City Power & Gas, LLC 3 - 13.40¢
3 months
Cheapest
|
13.40¢
per kWh at 1,000 kWh
|
Continue |
 |
Zone One Energy LLC
Zone One Energy LLC 1 - 14.44¢
1 months
Low Rate
|
14.44¢
per kWh at 1,000 kWh
|
Continue |
 |
Quantum Power Corp.
Quantum Power Corp. 12 - 14.90¢
12 months
Low Rate
|
14.90¢
per kWh at 1,000 kWh
|
Continue |
 |
GreenLight Energy
Greenlight Energy Inc. 1 - 15.00¢
1 months
Fixed Rate
|
15.00¢
per kWh at 1,000 kWh
|
Continue |
 |
American Power & Gas
American Power & Gas, LLC 12 - 15.39¢
12 months
Fixed Rate
|
15.39¢
per kWh at 1,000 kWh
|
Continue |
 |
Verde Energy
Verde Energy USA New York LLC 6 - 15.49¢
6 months
Fixed Rate
|
15.49¢
per kWh at 1,000 kWh
|
Continue |
 |
Chief Energy Power, LLC
Chief Energy Power, LLC 12 - 16.88¢
12 months
Fixed Rate
|
16.88¢
per kWh at 1,000 kWh
|
Continue |
 |
MPower Energy
Mpower Energy, LLC 60 - 17.40¢
60 months
Fixed Rate
|
17.40¢
per kWh at 1,000 kWh
|
Continue |
 |
Great American Gas & Electric, LLC
Great American Gas & Electric, LLC 12 - 17.58¢
12 months
Fixed Rate
|
17.58¢
per kWh at 1,000 kWh
|
Continue |
 |
Public Power, LLC
Public Power, LLC 12 - 17.69¢
12 months
Fixed Rate
|
17.69¢
per kWh at 1,000 kWh
|
Continue |
 |
Newyork Gas & Electric
Energy Services Providers, LLC DBA New York Gas & Electric (16414EN) 12 - 17.89¢
12 months
Fixed Rate
|
17.89¢
per kWh at 1,000 kWh
|
Continue |
 |
Eligo Energy
Eligo Energy NY, LLC 12 - 18.89¢
12 months
Fixed Rate
|
18.89¢
per kWh at 1,000 kWh
|
Continue |
 |
Approved Energy
Approved Energy 12 - 18.90¢
12 months
Fixed Rate
|
18.90¢
per kWh at 1,000 kWh
|
Continue |
 |
All Choice Energy, LLC
All Choice Energy, LLC 1 - 18.99¢
1 months
Fixed Rate
|
18.99¢
per kWh at 1,000 kWh
|
Continue |
 |
CleanChoice Energy
Clean Choice Energy, Inc. 24 - 19.00¢
24 months
Fixed Rate
|
19.00¢
per kWh at 1,000 kWh
|
Continue |
 |
Family Energy
Family Energy, Inc. d/b/a MYRATE ENERGY 60 - 19.29¢
60 months
Fixed Rate
|
19.29¢
per kWh at 1,000 kWh
|
Continue |
 |
Agway Energy Services LLC
Agway Energy Services, LLC. 1 - 19.75¢
1 months
Fixed Rate
|
19.75¢
per kWh at 1,000 kWh
|
Continue |
 |
Alpha Gas and Electric
Alpha Gas and Electric, LLC 24 - 19.90¢
24 months
Fixed Rate
|
19.90¢
per kWh at 1,000 kWh
|
Continue |
 |
Green Mountain Energy
Green Mountain Energy Company 36 - 19.90¢
36 months
Fixed Rate
|
19.90¢
per kWh at 1,000 kWh
|
Continue |
 |
Abest Green Power
Abest Green Power 1 - 19.99¢
1 months
Fixed Rate
|
19.99¢
per kWh at 1,000 kWh
|
Continue |
Showing the 20 cheapest New York City electricity plans based on 1,000 kWh usage.
Best New York City Electricity Plans by Usage Level
NYC apartments and condos typically use 600–800 kWh/month, well below the national average. High-rise living and milder heating needs (steam heat in many buildings) keep usage lower than suburban markets.
- City Power & Gas
- 13.4¢/kWh at this usage
- 3-month fixed rate
NYC Apartment Living & Energy Usage
Most New York City residents live in apartments where 600–800 kWh/month is typical. Summer window AC units can push usage to 1,000–1,200 kWh in July and August. Many buildings use steam heat, so winter electric usage stays lower. Locking in a fixed ESCO rate protects against seasonal Con Edison price fluctuations.
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.
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.
New York City Electricity FAQ
Common questions about electricity rates, plans, and suppliers in New York City and the Con Edison service area.
How does electricity deregulation work in New York City?
In New York City, electricity delivery and supply are separated. your local utility handles the wires and infrastructure, while you pick from competing suppliers (ESCO (Energy Service Company)s) for your actual electricity. This competition is regulated by the New York Public Service Commission (PSC).
What is the cheapest electricity rate in New York City right now?
Right now, New York City rates start at 13.4¢/kWh for 1,000 kWh usage, offered by City Power & Gas (City Power & Gas, LLC 3 - 13.40¢). With 45 plans on the market, the average is 19.8¢/kWh. That’s a 32% spread between the cheapest and the average.
What is the average monthly electric bill in New York City?
A typical New York City household using 1,000 kWh pays around $198/month at the average rate of 19.8¢/kWh. Your bill will vary with seasonal usage patterns — summer AC and winter heating drive the biggest swings.
Who delivers electricity in New York City?
your local utility handles all electricity delivery in New York City — the physical infrastructure, meter reading, and outage response. Your choice of supplier only affects who generates and bills for the supply portion.
How do I switch electricity providers in New York City?
Switching is straightforward: compare plans, choose a ESCO (Energy Service Company), and sign up. The new supplier coordinates with your local utility automatically. Expect the switch to take 1–2 billing cycles. There’s no physical work needed and no outage.
What happens when my contract expires?
Most suppliers move you to a month-to-month variable rate after your fixed term ends. This is usually higher than your locked-in rate. Set a reminder to compare plans before your contract expires.
How do New York City business electricity rates work?
New York City business electricity is priced differently from residential. Your rate depends on peak demand (kW), total consumption (kWh), and contract term. Request quotes from multiple ESCO (Energy Service Company)s to find the most competitive offer.
Who handles power outages in New York City?
your local utility. Your electricity supplier has no role in outage response — that’s always handled by the delivery company.