New York City Electricity Rates

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 - 13.97¢). 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.

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.

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.

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.

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.

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.

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.