August 10, 2026

New York’s average residential electricity price rose approx 69% since 2019

Electricity increases once came a few percentage points at a time. Since 2019, New York residential electricity prices have climbed nearly 70%.

NYSERDA’s official data shows New York’s average residential electricity price rose from 17.5¢ per kWh in April 2019 to 29.5¢ in April 2026—an increase of approximately 69%. The figures represent total bill revenue divided by electricity usage, including delivery, supply, taxes, surcharges, and other bill items.

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