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Statistics About The Average Electric Bill Nyc

Highlights: Average Electric Bill Nyc Statistics

  • The average monthly residential electricity bill in New York is $106, which is 10.06% more than the national average monthly bill of $96.
  • In 2019, the average monthly residential electricity consumption in NYC was 572 kilowatt hours (kWh), lower than the U.S. average of 877 kWh.
  • According to Con Edison’s 2020 report, the average NYC electricity bill for an apartment is $78.20/month.
  • New York's average electricity rate is 15.04 cents per kilowatt-hour (kWh), which is higher than the national average of 13.50 cents.
  • New York's commercial electricity rates average at 10.58 cents per kWh, significantly higher than the national average of 10.22 cents.
  • The average monthly electric bill in New York City's borough, Queens, is about $90-$100.
  • NYC's annual residential sector electricity bill is about $17.8 billion.
  • The average American household in NYC uses about 897 kWh per month translating to an average bill of around $114.43.
  • The average NYC resident uses less electricity than the U.S. average—540 kWh per month compared to 908.
  • During peak demand times in NYC, in summer, the electric bill can rise to approximately $150 per month.
  • The average New Yorker's electricity bill is about 18% higher than the national average.
  • New York City's residential energy consumption is the lowest per capita in the United States, at 4,700 kWh per year.
  • A study estimated that the average monthly electricity bill in NYC was $147.13 in 2017.
  • NYC residents pay an average of 21.75 cents per kWh for electricity, one of the highest rates in the nation.
  • Lower residential electricity usage in NYC is driven in part by the large number of apartments, which use less energy on average than single-family homes.
  • The average electric bill in New York City can ramp up to $200 during the winter months when heating is required.
  • Out of five boroughs in NYC, Staten Island residents pay the most for electricity, approximately $160.00 per month.
  • The average NYC utility bill, which not just includes electricity but also gas, water, sewer, and waste removal, is about $244.73 per month.
  • Manufacturing businesses in NYC saw an average monthly bill of $14,048.20 in 2021, with an average cost per kWh of 10.7¢.

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Welcome to our blog post focused on average electric bill NYC statistics. As urban areas become increasingly populated and reliant on technology, electricity consumption becomes a significant part of our lives. In this article, we will delve into the fascinating world of electric bills in the bustling city of New York. By exploring the average costs, seasonal variations, and factors that affect these statistics, we aim to provide you with a comprehensive understanding of what to expect when it comes to your electric bill in NYC. Whether you are a current resident, planning a move, or simply curious about electricity usage patterns, we hope this blog post will be both informative and enlightening. Let’s dive in and uncover the intriguing statistics surrounding electric bills in the Big Apple.

The Latest Average Electric Bill Nyc Statistics Explained

The average monthly residential electricity bill in New York is $106, which is 10.06% more than the national average monthly bill of $96.

This statistic indicates that the average monthly residential electricity bill in New York is $106, which is calculated to be 10.06% higher than the national average monthly bill of $96. This suggests that residents of New York generally pay more for electricity compared to the rest of the country.

In 2019, the average monthly residential electricity consumption in NYC was 572 kilowatt hours (kWh), lower than the U.S. average of 877 kWh.

The statistic states that in the year 2019, the average monthly residential electricity consumption in New York City (NYC) was 572 kilowatt hours (kWh). This figure is lower than the average monthly residential electricity consumption for the entire United States, which was 877 kWh. This indicates that on average, residential electricity usage in NYC is lower than the national average, suggesting that residents in NYC may be more energy-conscious or have more energy-efficient practices in place compared to residents in other parts of the country.

According to Con Edison’s 2020 report, the average NYC electricity bill for an apartment is $78.20/month.

This statistic states that based on Con Edison’s report for the year 2020, the average monthly electricity bill for an apartment in New York City is $78.20. This means that when considering all apartments in NYC, the average amount that residents pay for electricity each month is $78.20. This information provides insight into the general cost of electricity in the city and can be used as a reference point for individuals or businesses to understand the typical amount they may expect to spend on their electricity bills.

New York’s average electricity rate is 15.04 cents per kilowatt-hour (kWh), which is higher than the national average of 13.50 cents.

The statistic indicates that the average electricity rate in New York, measured in cents per kilowatt-hour (kWh), is 15.04 cents. This value is higher than the national average electricity rate, which is 13.50 cents per kWh. Essentially, it suggests that, on average, residents or businesses in New York pay a higher price for their electricity consumption compared to the rest of the country.

New York’s commercial electricity rates average at 10.58 cents per kWh, significantly higher than the national average of 10.22 cents.

The statistic states that the average commercial electricity rates in New York are 10.58 cents per kilowatt-hour (kWh), which is higher compared to the national average of 10.22 cents. This implies that businesses in New York pay a slightly higher rate for electricity consumption than the average business in the country. The difference, although seemingly small, can accumulate into substantial costs for businesses over time, highlighting the importance of understanding and managing electricity expenses for commercial enterprises in New York.

The average monthly electric bill in New York City’s borough, Queens, is about $90-$100.

This statistic refers to the average amount of money that residents in New York City’s borough of Queens need to pay for their monthly electric bill. The average falls between $90 and $100, indicating that most households in Queens tend to spend this range of money to meet their electricity needs each month.

NYC’s annual residential sector electricity bill is about $17.8 billion.

This statistic states that the annual electricity bill for the residential sector in New York City is approximately $17.8 billion. This figure represents the total amount of money that households in the city spend on electricity consumption within a year. It highlights the significant financial impact that residential electricity usage has on the economy of NYC, indicating that households in the city play a substantial role in electricity consumption and expenditure.

The average American household in NYC uses about 897 kWh per month translating to an average bill of around $114.43.

The given statistic indicates that the typical American household residing in New York City consumes an average of 897 kilowatt-hours (kWh) of electricity per month. This energy usage corresponds to an average monthly bill of approximately $114.43. This statistic provides an overview of the electricity consumption and associated cost for households in NYC, serving as a useful reference for comparing energy usage patterns and estimating expenses for the average resident.

The average NYC resident uses less electricity than the U.S. average—540 kWh per month compared to 908.

The provided statistic states that, on average, residents of New York City consume less electricity compared to the average electricity consumption in the United States. Specifically, an average NYC resident uses approximately 540 kilowatt-hours (kWh) of electricity per month, while the U.S. average stands at 908 kWh per month. This indicates that NYC residents consume significantly less electricity than the national average, suggesting potential differences in energy consumption patterns, efficiency measures, or lifestyle choices between NYC and the rest of the country.

During peak demand times in NYC, in summer, the electric bill can rise to approximately $150 per month.

The statistic indicates that during the months of summer, specifically when there is a high demand for electricity in New York City, the electric bill for households can increase to an estimated amount of $150 per month. This suggests that the increased usage of electricity, likely due to an increased need for cooling and other electrical appliances, results in higher costs for residents during this period.

The average New Yorker’s electricity bill is about 18% higher than the national average.

The statistic “The average New Yorker’s electricity bill is about 18% higher than the national average” means that when compared to the average electricity bill across the entire country, the average electricity bill for residents of New York is 18% higher. This suggests that New Yorkers, on average, tend to pay more for electricity than people living in other parts of the country.

New York City’s residential energy consumption is the lowest per capita in the United States, at 4,700 kWh per year.

The given statistic states that the residential energy consumption in New York City is the lowest per person compared to other cities in the United States. On average, each resident in New York City consumes approximately 4,700 kilowatt-hours (kWh) of energy in a year. This implies that, when considering the population size of the city, New York City residents have a relatively low energy usage compared to their counterparts in other cities across the country.

A study estimated that the average monthly electricity bill in NYC was $147.13 in 2017.

The statistic “A study estimated that the average monthly electricity bill in NYC was $147.13 in 2017” represents the result of a study conducted to determine the average amount of money that residents of New York City spent on electricity per month during the year 2017. This estimate, derived from a sample of participants, suggests that on average, individuals residing in NYC paid $147.13 for their electricity bills each month during that specific timeframe.

NYC residents pay an average of 21.75 cents per kWh for electricity, one of the highest rates in the nation.

The statistic states that residents in New York City (NYC) pay an average of 21.75 cents per kilowatt-hour (kWh) for electricity, which is considered one of the highest rates compared to other regions in the country. This means that on average, NYC residents are charged approximately 21.75 cents for every kilowatt-hour of electricity they consume. This high rate suggests that electricity in NYC is relatively expensive compared to other areas, indicating that residents may face higher costs for their electrical consumption.

Lower residential electricity usage in NYC is driven in part by the large number of apartments, which use less energy on average than single-family homes.

This statistic indicates that the lower residential electricity usage in New York City (NYC) can be attributed, at least partially, to the high concentration of apartments in the city. On average, apartments tend to consume less energy compared to single-family homes. This could be due to various factors such as smaller living spaces, shared walls that help with insulation, and the availability of common amenities like central heating and cooling systems. The large number of apartments in NYC contributes to the overall reduction in residential electricity usage compared to other cities where single-family homes are more prevalent.

The average electric bill in New York City can ramp up to $200 during the winter months when heating is required.

The statistic indicates that, on average, the cost of electricity in New York City can increase significantly during the winter months, specifically when heating is necessary. This increase in electricity expenses can result in an average bill of $200 during this time. This information suggests that residents of New York City may experience a considerable hike in their electric bills due to the increased demand for heating in winter, highlighting the impact of seasonal changes on energy costs in the city.

Out of five boroughs in NYC, Staten Island residents pay the most for electricity, approximately $160.00 per month.

The statistic states that among the five boroughs in New York City (NYC), residents of Staten Island pay the highest amount for electricity, which is estimated to be around $160.00 per month. This implies that compared to residents of Manhattan, Brooklyn, Queens, and the Bronx, Staten Island residents bear a relatively higher financial burden when it comes to their monthly electricity expenses. The statistic provides a comparison of the cost of electricity across the different boroughs, highlighting the relatively higher costs incurred by residents in Staten Island.

The average NYC utility bill, which not just includes electricity but also gas, water, sewer, and waste removal, is about $244.73 per month.

This statistic represents the average amount of money paid by residents of New York City for their utility bills. The utility bill includes various services such as electricity, gas, water, sewer, and waste removal. On average, residents in New York City pay around $244.73 per month for these combined utility services. This figure provides an indication of the typical amount individuals or households would need to budget for their utility expenses in the city.

Manufacturing businesses in NYC saw an average monthly bill of $14,048.20 in 2021, with an average cost per kWh of 10.7¢.

In 2021, manufacturing businesses in New York City had an average monthly bill of $14,048.20. This includes the total cost of electricity consumed by these businesses. The average cost per kilowatt-hour (kWh) for these businesses was 10.7 cents. This means that on average, manufacturing businesses in NYC paid 10.7 cents for every unit of electricity they consumed. The monthly bill amount reflects the combined effect of the electricity consumed and the cost per unit.

Conclusion

In conclusion, analyzing the average electric bill statistics in New York City provides valuable insights into the energy consumption patterns and expenses of its residents. It is evident from the data that electricity usage varies significantly across different boroughs and also depends on factors such as household size and income. The average electric bill in NYC is higher compared to the national average, which emphasizes the need for residents to be mindful of their energy usage and explore energy-efficient alternatives. Additionally, government initiatives and utility company programs aimed at promoting energy conservation can play a vital role in reducing electricity costs for households. By understanding and utilizing the statistics presented, residents can make informed decisions about their energy consumption and strive to create a more sustainable and economical living environment.

References

0. – https://www.www.nyiso.com

1. – https://www.www.forbes.com

2. – https://www.www.move.org

3. – https://www.www.coned.com

4. – https://www.www.chooseenergy.com

5. – https://www.gridmarket.com

6. – https://www.www.electricrate.com

7. – https://www.www.nbcnewyork.com

8. – https://www.www.saveonenergy.com

9. – https://www.www.nerdwallet.com

10. – https://www.www.eia.gov

11. – https://www.www.electricchoice.com

12. – https://www.www.electricitylocal.com

13. – https://www.patch.com

How we write our statistic reports:

We have not conducted any studies ourselves. Our article provides a summary of all the statistics and studies available at the time of writing. We are solely presenting a summary, not expressing our own opinion. We have collected all statistics within our internal database. In some cases, we use Artificial Intelligence for formulating the statistics. The articles are updated regularly.

See our Editorial Process.

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