New York electricity prices, February 2025
- Month
- February 2025, preliminary
- File
- Form EIA-861M
- Price among 51
- 7th from the highest
The average residential price in New York was 26.22 cents per kilowatt-hour (kWh) in February 2025. Preliminary
In February 2024, the price was 24.30 cents per kWh. The February 2025 price was 1.92 cents per kWh higher than the February 2024 price.
The US average was 16.43 cents per kWh in February 2025. In February 2025, New York had the 7th highest average residential price among the 50 states and the District of Columbia.
The average bill of a residential customer for the month was $161.42, for 616 kWh. A bill for one month changes with the season.
EIA marks this month as preliminary. EIA adjusts the months of a year when the final Form EIA-861 data for the year are ready.
Average price of electricity to ultimate consumers represents the cost per unit of electricity sold and is calculated by dividing electric revenue from ultimate consumers by the corresponding sales of electricity.
The average price of electricity to ultimate consumers reported in this publication by sector represents a weighted average of consumer revenue and sales, and does not equal the per kWh rate charged by the electric power industry participant to the individual consumers.
EIA's words. Source: U.S. Energy Information Administration, Electric Power Monthly, Technical notes, section "Form EIA-861" (March 2024). "This publication" is the Electric Power Monthly.
In plain words: the average price is revenue divided by sales. It is not the rate on a rate schedule. The figures on this page are EIA's own state averages. Monthly data through .
Average price by sector
Cents per kWh
| Sector | Feb 2025 cents per kWh | Feb 2024 cents per kWh | Change percent | US, Feb 2025 cents per kWh |
|---|---|---|---|---|
| Residential | 26.22 | 24.30 | +7.9% | 16.43 |
| Commercial | 20.88 | 18.21 | +14.7% | 12.98 |
| Industrial | 11.56 | 9.13 | +26.6% | 8.24 |
| All sectors | 21.78 | 19.35 | +12.6% | 13.18 |
Sales, customers and bill
Residential, unless the row says all sectors
| Figure | Feb 2025 | Feb 2024 | Change percent |
|---|---|---|---|
| Residential sales | 4.6 TWh | 4.2 TWh | +9.5% |
| Sales, all sectors | 12.2 TWh | 11.4 TWh | +7.4% |
| Residential customers | 7,423,320 | 7,398,435 | +0.3% |
| Average residential bill (dollars in the month) | $161.42 | $137.12 | +17.7% |
| Average residential use (kWh in the month) | 616 | 564 | +9.2% |
| US residential price (cents per kWh) | 16.43 | 16.10 | +2.0% |
The 25 months to February 2025
Form EIA-861M
New York, residentialUS, residential
Where the figures come from
Source: U.S. Energy Information Administration, Form EIA-861M sales and revenue workbook (state by sector and month). EIA status of this month: preliminary. The series runs through July 2026. The average price is revenue divided by sales. The average bill is residential revenue divided by residential customers. The annual figures of each utility are on the New York page.
Questions about February 2025 in New York
- What did businesses pay for electricity in New York in February 2025?
- The average commercial price was 20.88 cents per kWh. The average industrial price was 11.56 cents per kWh. The average for all sectors was 21.78 cents per kWh.
- How much electricity did residential customers in New York buy in February 2025?
- Residential customers bought 4.6 TWh of electricity in February 2025. One TWh is 1,000,000,000 kWh. The quantity was 9.5% higher than the quantity in February 2024.
- How many residential customers did New York have in February 2025?
- New York had 7,423,320 residential customers in February 2025. The number was 0.3% higher than the number in February 2024. A customer is one account or one meter, not one person.