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New York electricity prices, November 2023

Average price, sales and bills for the month against the same month a year earlier and the US. Final

In November 2023, residential customers in New York paid an average of 22.85¢ per kilowatthour, down 3.4% on the same month a year earlier (23.66¢). The US average for the month was 16.19¢; New York was 41% above that. It ranked 9th highest among the 50 states and the District of Columbia.

Residential sales were 3,608,974 MWh, up 4.7% on a year earlier, and the average residential bill for the month was $111.39 on 487 kWh. Weather moves monthly sales far more than prices do, so bills swing with the season.

EIA marks this month as final. Final monthly figures are benchmarked to the annual Form EIA-861 census of utilities.

22.85¢residential, per kWh-3.4% on Nov 2022
$111.39average residential bill for the monthon 487 kWh
3.6 TWhresidential sales+4.7% on a year earlier
9thhighest residential price of 51US 16.19¢

Average price is revenue divided by sales for the sector and year; it is not a tariff rate. Reliability figures are as reported by utilities to EIA on Form 861 and may use different calculation methods. Monthly figures come from the Form EIA-861M sample and are revised when EIA finalises the year.

Price by sector

SectorNov 2023Nov 2022ChangeUS, Nov 2023
Residential22.85¢23.66¢-3.4%16.19¢
Commercial18.34¢17.78¢+3.1%12.43¢
Industrial6.66¢7.09¢-6.1%7.79¢
All sectors18.37¢18.20¢+0.9%12.44¢

Sales and customers

MeasureNov 2023Nov 2022Change
Residential sales3.6 TWh3.4 TWh+4.7%
Sales, all sectors11 TWh10.5 TWh+5.1%
Residential customers7,404,6227,400,113+0.1%
Average residential bill$111.39$110.24+1.0%
Average residential use, kWh487466+4.5%
US residential price16.19¢15.55¢+4.1%

The two years to November 2023

0¢5¢10¢15¢20¢25¢Nov 2021Mar 2022Jul 2022Nov 2022Mar 2023Jul 2023Nov 2023

New York residentialUS residential

Cents per kWh, Form EIA-861M.
← October 2023December 2023 →

Questions and answers

What was the average electricity price in New York in November 2023?

22.85¢ per kilowatthour for residential customers, 18.34¢ for commercial and 6.66¢ for industrial customers. EIA marks the month as final.

How does that compare with a year earlier?

The residential average was 23.66¢ in November 2022, a change of -3.4%. Residential sales changed by +4.7% over the same period.

What was the average residential bill that month?

$111.39, on average use of 487 kWh. This is residential revenue divided by residential customers for the month.

Provenance

Source: U.S. Energy Information Administration, Form EIA-861M sales and revenue workbook (state by sector and month), status "Final" for this month, series published through July 2026. Public domain. Price = revenue ÷ sales; bill = residential revenue ÷ residential customers. Utility-level annual figures are on the New York page.