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New York energy costs rank among nation’s highest

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With energy costs expected to soar during a potentially record-hot summer, WalletHub has released its 2024 report on Energy Costs by State. The report reveals how energy bills vary across the country based on location and usage.

Source: WalletHub

In New York, the average monthly energy bill is $589. The state ranks 9th for electricity prices and 3rd for home heating oil prices, but it has lower consumption rates for both electricity and motor fuel.

WalletHub’s study used a special formula to compare average monthly bills for electricity, natural gas, motor fuel, and home heating oil across all 50 states. For more details, visit WalletHub’s full report.

Categories: NewsNew York State