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New York electricity prices, February 2026

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

In February 2026, residential customers in New York paid an average of 29.99¢ per kilowatthour, up 14.4% on the same month a year earlier (26.22¢). The US average for the month was 17.65¢; New York was 70% above that. It ranked 6th highest among the 50 states and the District of Columbia.

Residential sales were 4,931,629 MWh, up 7.9% on a year earlier, and the average residential bill for the month was $198.11 on 661 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.

29.99¢residential, per kWh+14.4% on Feb 2025
$198.11average residential bill for the monthon 661 kWh
4.9 TWhresidential sales+7.9% on a year earlier
6thhighest residential price of 51US 17.65¢

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

SectorFeb 2026Feb 2025ChangeUS, Feb 2026
Residential29.99¢26.22¢+14.4%17.65¢
Commercial23.49¢20.88¢+12.5%14.37¢
Industrial10.92¢11.56¢-5.5%8.95¢
All sectors24.88¢21.78¢+14.2%14.36¢

Sales and customers

MeasureFeb 2026Feb 2025Change
Residential sales4.9 TWh4.6 TWh+7.9%
Sales, all sectors12.5 TWh12.2 TWh+2.8%
Residential customers7,464,5957,423,320+0.6%
Average residential bill$198.11$161.42+22.7%
Average residential use, kWh661616+7.3%
US residential price17.65¢16.43¢+7.4%

The two years to February 2026

0¢10¢20¢30¢Feb 2024Jun 2024Oct 2024Feb 2025Jun 2025Oct 2025Feb 2026

New York residentialUS residential

Cents per kWh, Form EIA-861M.
← January 2026March 2026 →

Questions and answers

What was the average electricity price in New York in February 2026?

29.99¢ per kilowatthour for residential customers, 23.49¢ for commercial and 10.92¢ for industrial customers. EIA marks the month as preliminary.

How does that compare with a year earlier?

The residential average was 26.22¢ in February 2025, a change of +14.4%. Residential sales changed by +7.9% over the same period.

What was the average residential bill that month?

$198.11, on average use of 661 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.