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New York State Elec & Gas Corp

New York State Elec & Gas Corp is an investor-owned utility, regulated by the state commission, serving 792,300 residential accounts in New York. Everything below comes from its own 2024 filing with the US Energy Information Administration — the numbers the company reported about itself.

Average residential rate
$0.183/kWh

2024 annual average

Homes with solar
10,935

1.4% of residential accounts

Rooftop capacity
91 MW

residential, net-metered

What households here pay

Residential customers on New York State Elec & Gas Corp's own supply paid an average of $0.183 per kWh across 2024 — total residential revenue divided by total residential kilowatt-hours sold, so it includes the fixed monthly charge, riders and fuel adjustments, not just the headline energy rate. It is the number your own bill would produce if you divided the annual total by the kWh.

New York's statewide average was $0.295/kWh in June 2026 on EIA's monthly series. This utility's 2024 average ran about 38% below that. The two figures are measured differently and are two years apart, so read the gap as direction, not as a precise difference.

That made it the 2nd cheapest of the 7 New York utilities on this site in 2024.

What it did between 2020 and 2024

New York State Elec & Gas Corp's all-in residential rate went from $0.115 in 2020 to $0.183 in 2024 — a rise of 59.4%. Each year is that year's own Form 861 filing, worked out the same way as the figure above.

Across the 505 utilities on this site the middle one moved up 15.7% over the same years, so New York State Elec & Gas Corp rose faster than most. Rates rose almost everywhere in this window; the comparison is what says whether a number is unusual.

$0.115 2020
$0.129 2021
$0.157 2022
$0.155 2023
$0.183 2024

Residential revenue over residential sales, bundled service only, from each year's EIA Form 861.

Two bills in one

57,108 of these households — 7% — buy their electricity from a competitive supplier and pay New York State Elec & Gas Corp only to deliver it. The average above covers the 735,192 still on the utility's own supply. If you shop for supply, your rate is set by your contract, and solar savings track your rate, not this one.

What a system actually sold for here

New York registers the contract price of every system it connects, so this is not an estimate. Across 1,874 owner-purchased residential systems switched on in the last 24 months on this network, the median came to $3.41 a watt. The middle half paid between $3.01 and $4.03.

On a typical 8 kW system that median is $27,280 before any credit, and the middle half spans $24,080 to $32,240. Leases and power purchase agreements are left out: their recorded cost is the developer's, not a price a household was quoted.

Check your own quote against this →

How many neighbours already did it

10,935 homes on this system had a net-metered solar array at the end of 2024 — 13.8 per thousand residential accounts, or 1.4% of them. That is close to the median US utility on this site.

That ranks 6 of 7 New York utilities reporting net-metered solar.

529 of those systems — 5% — also report a paired battery. Battery attach rates rise where exports earn less than retail, because storing a kilowatt-hour and using it later is worth more than selling it. Exports here still earn full retail, so the incentive to store is weaker.

The rule that decides this, and it changed

The 30% federal residential credit (§25D) expired for systems placed in service after 31 December 2025. Every payback figure written before 2026 — including anything quoted at you by an installer working from an old spreadsheet — is overstated by roughly a third for a purchase. Leases and PPAs still reach §48E until the end of 2027, which is why the ownership question now decides more than the hardware does.

Run the New York numbers on 2026 rules →

Other New York utilities

Utility Accounts Avg rate Solar per 1,000
Consolidated Edison Co-NY Inc 3,064,038 $0.357 22.9
Niagara Mohawk Power Corp. 1,532,294 $0.172 16.6
Long Island Power Authority 1,029,955 $0.246 85.8
Rochester Gas & Electric Corp 351,481 $0.188 8.0
Central Hudson Gas & Elec Corp 270,859 $0.251 60.2
Orange & Rockland Utils Inc 211,011 $0.233 61.8

Where these numbers come from

US Energy Information Administration, Form EIA-861, data year 2024 — the annual filing every US electric utility makes. Rates are residential revenue divided by residential sales on bundled service; solar counts are from the net-metering schedule of the same filing. Utility number 13511. Download the source archive and check any figure here against it.

Form 861 is annual and publishes roughly eleven months after the year it covers, so 2024 is the most recent utility-level data that exists anywhere. It is not today's tariff. For a current price, read your own bill; for a current rate structure, read the utility's tariff sheet. This page is for scale and comparison — what a typical household on this system pays, and how many of them have already installed solar.

Written and maintained by . Last reviewed 2026-08-19.