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New York · Updated August 2026
New York electric rates in 2026
What every New York utility actually charges, where the number comes from, and what it means for your bill.
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Every utility, side by side
What New York homeowners pay
| Utility | All-in rate | Full breakdown |
|---|---|---|
| NYSEG | low-to-mid 20¢ | Binghamton, Elmira, Ithaca, Auburn, Geneva, Oneonta, Platt… → |
| RG&E | low-to-mid 20¢ | Rochester, Monroe County and the surrounding Finger Lakes … → |
| Con Edison | ~33.8¢ | Manhattan, the Bronx, Brooklyn, Queens, Westchester County… → |
| National Grid | ~20¢ | Syracuse, Albany, Utica, Watertown, Buffalo and parts of B… → |
Figures as published August 2026. Each utility resets on its own schedule — check your bill for the rate on your account.
How New York works
Why the number is what it is
New York utilities file rate cases with the Public Service Commission and reset delivery rates in stages. Supply tracks the NYISO wholesale market, which has been volatile.
Average wholesale power in New York went from under 10 cents per kilowatt-hour in January 2025 to more than 17 cents in January 2026. NYSEG has asked the PSC for a 23.6% total bill increase.
The honest cost picture
Two ways to pay for solar
If you buy the system you own the equipment, keep any renewable credits, and carry maintenance. If you use a PPA it is $0 upfront — we install and own the system, you buy the power it produces, and you only pay for what it actually generates.
The residential federal tax credit (25D) ended for systems purchased after December 31, 2025.
You will still see ads promising a 30% credit that “ends December 31.” Read the date on them. What remains applies to the owner of the system — which, under a PPA, is us. SolarAmerica does not provide tax advice; talk to your tax professional.
Who you would be working with
SolarAmerica
Sources
Where these numbers come from
Every figure on this page is drawn from a public filing or a published rate schedule. We update it when the utility resets.
- New York State Public Service Commission — rate case filings (22-E-0317)
- NYISO — wholesale market reports
- U.S. Energy Information Administration — Electric Power Monthly
- NYSERDA — NY-Sun program documentation
Last updated August 2026.
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