New York State Electric & Gas

About New York State Electric & Gas

New York State Electric & Gas is an investor owned company operating in New York. With 810,417 customers, the supplier provides electricity to 722,851 residential locations, 87,004 commercial customers, one transportation customer and 561 industrial locations. The residential electricity rate for consumers of New York State Electric & Gas is, on average, 15.34 cents per kilowatt hour. Fortunately, this is 23.46% below the state's average rate of 20.04 cents, which ranks the provider 50th out of 70 providers in the state for best average electricity rate. They had sales of 8,012,730 megawatt hours in 2022 sold to end users. Of the megawatt hours they sourced, 166,346 of them were generated by electricity generation facilities owned by New York State Electric & Gas and 9,710,629 megawatt hours were acquired by way of wholesale channels. In 2022, the company made a total of $1,798,116,800 from business activities relating to the sale and transfer of electricity. They had 3.41% of their revenue come from sales to the wholesale electricity market.

The New York average monthly residential electric bill is $119.14, while the New York State Electric & Gas average is 6.27% less at $110.82 per month. This is the 53rd lowest average monthly bill amount for a supplier in the state. New York State Electric & Gas is the 7th largest supplier out of 99 providers in the state based on total megawatt hours sold. With 1 megawatt hours generated from non-renewable fuel sources, New York State Electric & Gas is the 39th largest generator of megawatt hours from non-renewable fuels out of 99 suppliers in the state The company's consumers deal with an average of 1.45 power outages per consumer each year. These outages last for an average of 162.93 minutes, while the national average is 1.27 outages per customer and 137.24 minutes an outage.