New York State Elec & Gas Corp electricity rates

It serves 735,192 residential customers, making it one of the larger utilities in New York. At 18.32¢ per kilowatt-hour it is one of the cheaper places to buy electricity in New York, 38.8% under the statewide average of 29.93¢.

Consumption here is below the national norm at 723 kilowatt-hours a month against 871, which softens the effect of the rate on the final bill.

A shareholder-owned company whose rates are set by the state regulator, including an approved return on the capital it has invested. That matters because a bill is not only the cost of generating electricity: it also carries the cost of the network, and who owns that network changes how it is paid for.

In 2024 the average New York State Elec & Gas Corp customer went 655 minutes without electricity across 2.35 interruptions. The median across the 941 utilities that report this is 185 minutes.

That is far worse than typical, and figures at this level almost always reflect a major storm season rather than everyday performance. A single hurricane or ice storm can dominate the annual number.

New York State Elec & Gas Corp offers time-of-use pricing to residential customers. 125,827 households were enrolled, about 17.1% of its residential base.

These plans are opt-in almost everywhere. They reward households that can move laundry, dishwashing, water heating or electric vehicle charging out of the late-afternoon peak, and they cost more than the standard rate for households that cannot. How to tell which group you are in.

10,935 residential customers had net-metered solar in 2024, totalling 90.61 megawatts. That works out to 14.9 installations per thousand customers, against a median of 8 across the utilities reporting it.

Adoption is above the national median, which generally tracks the retail rate more closely than it tracks sunshine. What exports are actually worth.