New York’s Electricity Prices Among the Highest in the Country

Sun setting behind a row of electricity pylons

New York households continue to pay some of the highest electricity prices in the nation, according to data from the Empire Center and the U.S. Energy Information Administration. 

In November 2025, the average residential electricity price in New York was 26.49 cents per kilowatt-hour, ranking 8th highest in the U.S. and exceeding the national average by 49 percent. Over the past 12 months, electricity prices in New York rose by 7.1 percent, compared to 5.5 percent nationwide.  

Average residential natural gas prices were $17.95 per thousand cubic feet, ranking 19th highest nationally and 20 percent above the U.S. average. Electricity prices in New York have surged since 2019, widening the gap between what New Yorkers pay and the national average. 

“Electricity demand and prices are rising nationwide, but New York is seeing costs climb even faster than other states,” said Zilvinas Silenas, President and CEO of the Empire Center. 

The Empire Center publishes monthly updates through its Energy Data Bulletin, tracking electricity and natural gas prices across New York and neighboring states. The Center urges lawmakers to adopt policies that curb rising costs and ensure a reliable, competitive, and affordable energy for all New Yorkers. 

The Empire Center, based in Albany, is an independent, not-for-profit, non-partisan think tank dedicated to promoting policies that can make New York a better place to live, work and raise a family.
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