Energy Data Bulletin

September 2026

Summary and Insights

Electricity. In June 2026, New York had the nation’s fifth-highest residential electricity price at 29.49 cents per kilowatt-hour (kWh), 60.8 percent above the U.S. average. Prices decreased 1.5 percent from May but were 11.1 percent higher than a year earlier.

Natural Gas. In June 2026, New York’s average residential natural gas price was $27.01 per thousand cubic feet, compared with the U.S. average of $24.09. New York’s price increased 18.8 percent from May and was 13.0 percent higher than a year earlier.

Trends. New York households paid above-average prices for both electricity and natural gas in June 2026, but the gap was far larger for electricity. Residential electricity prices exceeded the national average by 60.8 percent, compared with a 12.1 percent premium for natural gas.

Data. Average residential prices are approximations, calculated from residential sales revenues and volumes, not actual retail prices. See the notes at the bottom of the report for more information.

Electricity

 

In June 2026, New York ranked fifth among all states in average residential electricity prices. At 29.49 cents per kWh, New York’s price was 60.8 percent above the U.S. average of 18.34 cents per kWh. Only Hawaii, California, Massachusetts, and Maine reported higher average residential electricity prices.

 

New York vs. Largest States. Among the nation’s largest states, only California reported a higher residential electricity price than New York, while prices in Florida and Texas remained substantially lower.

New York vs. Neighboring States. New York’s residential electricity price was higher than prices in Connecticut, New Jersey, Pennsylvania, and Vermont, but slightly lower than the price in Massachusetts.

Month-on-Month Change. New York’s residential electricity price decreased 1.5 percent between May and June, while the national average decreased 0.5 percent.

Year-on-Year Change. New York’s residential electricity price increased 11.1 percent from June 2025, more than twice the 5.0 percent increase in the national average.

Intermediate-term. New York’s average residential electricity price increased 59.1 percent between June 2019 and June 2026, compared with a 37.7 percent increase in the national average.

Long term. As of June 2026, New York’s average residential electricity price was 11.15 cents per kWh higher than the U.S. average, a premium of 60.8 percent. New York has consistently recorded residential electricity prices above the national average, with the gap widening noticeably since 2021.

 

 

 

Natural Gas

 

In June 2026, New York’s average residential natural gas price was $27.01 per thousand cubic feet, compared with the U.S. average of $24.09. New York’s price was $2.92 per thousand cubic feet, or 12.1 percent, above the national average.

 

New York vs. Largest States. New York’s average residential natural gas price was higher than those reported for California and Florida but lower than the price in Texas. The latest price available for Florida was from December 2025.

New York vs. Neighboring States. New York’s price was higher than prices in Connecticut, New Jersey, Pennsylvania, and Vermont but lower than the price in Massachusetts. The latest Connecticut price available was from May 2026.

Month-on-Month Change. New York’s average residential natural gas price increased 18.8 percent between May and June, while the national average increased 22.1 percent.

Year-on-Year Change. Compared with June 2025, New York’s average residential natural gas price increased 13.0 percent, while the U.S. average increased 3.6 percent.

Intermediate-term. Between June 2019 and June 2026, New York’s average residential natural gas price increased 58.3 percent, compared with a 54.4 percent increase in the national average.

Long term. As of June 2026, New York’s average residential natural gas price was $2.92 per thousand cubic feet higher than the U.S. average, or 12.1 percent higher. Over the long term, New York residential natural gas prices have generally tracked national movements while remaining above the U.S. average.

 

 

 

Data notes. As the U.S. Energy Information Administration states, “EIA does not directly collect retail electricity rates or prices. However, using data collected on retail sales revenues and volumes, we calculate average retail revenues per kWh as a proxy for retail rates and prices. Retail sales volumes are presented as a proxy for end-use electricity consumption.” Similarly, for natural gas, EIA states, “Price data are representative of prices for gas sold and delivered to residential, commercial, and industrial consumers. These prices do not reflect average prices of natural gas transported to consumers for the account of third parties or spot-market prices. All average prices are computed by dividing the reported revenue by its associated sales volume.”

August 2026 Energy Data Bulletin

July 2026 Energy Data Bulletin

June 2026 Energy Data Bulletin

May 2026 Energy Data Bulletin

April 2026 Energy Data Bulletin

March 2026 Energy Data Bulletin

February 2026 Energy Data Bulletin

January 2026 Energy Data Bulletin