Niagara Mohawk Power Corp. electricity rates

It serves 1.4 million residential customers, making it one of the larger utilities in New York. At 17.22¢ per kilowatt-hour it is one of the cheaper places to buy electricity in New York, 42.5% under the statewide average of 29.93¢.

Consumption here is below the national norm at 637 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 Niagara Mohawk Power Corp. customer went 510 minutes without electricity across 1.69 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.

25,414 residential customers had net-metered solar in 2024, totalling 199.33 megawatts. That works out to 17.8 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.