States › New York › January 2025
New York electricity prices, January 2025
Average price, sales and bills for the month against the same month a year earlier and the US. Preliminary
In January 2025, residential customers in New York paid an average of 25.34¢ per kilowatthour, up 7.9% on the same month a year earlier (23.49¢). The US average for the month was 15.94¢; New York was 59% above that. It ranked 7th highest among the 50 states and the District of Columbia.
Residential sales were 5,054,949 MWh, up 14.4% on a year earlier, and the average residential bill for the month was $171.94 on 679 kWh. Weather moves monthly sales far more than prices do, so bills swing with the season.
EIA marks this month as preliminary. Preliminary months come from the Form EIA-861M sample and are revised when the annual census is complete.
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
| Sector | Jan 2025 | Jan 2024 | Change | US, Jan 2025 |
|---|---|---|---|---|
| Residential | 25.34¢ | 23.49¢ | +7.9% | 15.94¢ |
| Commercial | 20.37¢ | 17.84¢ | +14.2% | 12.82¢ |
| Industrial | 10.90¢ | 9.02¢ | +20.8% | 8.34¢ |
| All sectors | 21.13¢ | 18.87¢ | +12.0% | 13.09¢ |
Sales and customers
| Measure | Jan 2025 | Jan 2024 | Change |
|---|---|---|---|
| Residential sales | 5.1 TWh | 4.4 TWh | +14.4% |
| Sales, all sectors | 13 TWh | 11.8 TWh | +9.8% |
| Residential customers | 7,449,570 | 7,415,039 | +0.5% |
| Average residential bill | $171.94 | $139.95 | +22.9% |
| Average residential use, kWh | 679 | 596 | +13.9% |
| US residential price | 15.94¢ | 15.41¢ | +3.4% |
The two years to January 2025
New York residentialUS residential
Questions and answers
What was the average electricity price in New York in January 2025?
25.34¢ per kilowatthour for residential customers, 20.37¢ for commercial and 10.90¢ for industrial customers. EIA marks the month as preliminary.
How does that compare with a year earlier?
The residential average was 23.49¢ in January 2024, a change of +7.9%. Residential sales changed by +14.4% over the same period.
What was the average residential bill that month?
$171.94, on average use of 679 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 "Preliminary" 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.