Nyc Average Electricity Cost

Last august electricity prices were 45 percent higher in the new york area compared to the nation.

Nyc average electricity cost.

Commercial electricity rates in new york average 15 06 kwh which ranks the state 2nd in the nation. To save on this bill invest in energy efficient products like energy star labeled appliances or led light bulbs. For example the average cost per kwh for maryland homes in this month s report was 12 84 cents which amounts to an average bill of about 115 17 12 84 cents x 897 kwh that month. What s my current electric rate.

Here s how much utilities cost new york residents. Which is good because electricity in nyc is not cheap. For example hawaii s electricity bills cost 42 9 more than the national average 117 65 yet hawaii uses 43 3 less electricity than the national average 914. Landlords are required to supply heat and water so there are rarely extra charges for those.

To gather a more accurate picture about how much each state spends on electricity it s important to look at how much electricity each state consumes on a monthly basis. The 20 9 cents per kwh new york area households paid for electricity in august 2020 was 53 percent more than the national average of 13 7 cents per kwh. One person living in a studio will use a lot less energy than a family of four living in a two bedroom apartment. The average price a residential customer in the united states pays for electricity is 13 31 cents per kwh.

The average electricity rate is 13 19 cents per kilowatt hour kwh. To estimate average monthly energy bills multiply the average home s electricity usage 897 kwh by the cost per kwh in your state for that month. Most landlords provide gas and a few even include electricity especially in older buildings where there is just one meter. The average commercial electricity rate of 15 06 kwh in ny is 49 26 greater than the national average commercial rate of 10 09 kwh.

The price you pay for electricity depends on numerous factors including but not limited to your location time of year consumption and market changes disruptions. For a typical household an average utility bill ranges from 103 191 a month depending on the state you live in. Average price of electricity to ultimate customers by end use sector by state june 2020 and 2019 cents per kilowatthour.