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New York · Updated August 2026
NYSEG rates in 2026
What NYSEG customers are actually paying, where the number comes from, and what it means for your bill. Serving Binghamton, Elmira, Ithaca, Auburn, Geneva, Oneonta, Plattsburgh and much of upstate New York.
23.6%Total bill increase NYSEG has requested from the PSCRanked #1 by Solar Power World · Inc. 5000 · 20,000+ installations
The numbers
Where NYSEG stands right now
| Measure | Current | Detail |
|---|---|---|
| Requested bill increase | 23.6% | Under PSC review |
| Requested annual revenue | $464.4M | A 35% jump in base delivery revenue |
| Impact at 600 kWh/month | +$33.12/mo | About $397 per year |
| All-in residential rate | low-to-mid 20¢ | Below the NY state average of ~28.6¢ |
Figures as published August 2026. Utility rates change on published schedules — check your own bill for the rate that applies to your account.
Why the number is what it is
What is actually driving this
A 35% delivery rate request
NYSEG has asked the New York PSC for $464.4 million in additional annual electric revenue — a 35% increase in base delivery revenues. For a household using 600 kWh a month, that works out to about $33 more per month, or roughly $397 a year.
Storm costs
NYSEG identified $189.7 million in major storm allowance as a primary driver of the request.
Wholesale volatility
Average wholesale electricity in New York went from just under 10 cents per kilowatt-hour in January 2025 to more than 17 cents in January 2026 — roughly an 80% swing — driven by tight in-state pipeline infrastructure and gas-fired generation.
The honest cost picture
Two ways to pay for solar, and they are very different
If you buy the system
You own the equipment, you keep any renewable energy credits, and you carry the maintenance responsibility. Installed pricing varies by roof, shading and system size.
If you use a PPA
$0 upfront. We install and own the system; you buy the power it produces at a rate set in your agreement, and you only pay for what it actually generates. The system owner carries maintenance for the life of the agreement.
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. If you buy a system today as a homeowner, you cannot claim that credit. 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 about your situation.
Who you would be working with
SolarAmerica
We design your system and manage the project; installation is performed by vetted licensed partners in your area.
NYSEG questions
The things people actually ask
Has the 23.6% increase been approved?
It is a request under review by the New York Public Service Commission, not an approved rate. The requested rate year begins in May 2026. Check the PSC docket for current status before making any decision based on it.
Is there a New York solar tax credit?
Yes. New York offers a 25% state tax credit capped at $5,000 (form IT-255). Unusually, it applies to power purchase agreements of ten years or longer, and the homeowner claims it personally. Talk to your tax professional about your own situation.
Does NYSEG offer net metering?
Yes. New York requires investor-owned utilities to offer net metering, with excess generation credited back.
See what your roof and NYSEG actually add up to
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