Electricity Rates in Binghamton, NY

New York State Elec & Gas Corp residential rate

18.32¢/kWh

35.4% below the New York average of 28.37¢

Source: EIA, 2024 annual data · New York State Elec & Gas Corp serves 735192 residential customers

What Does Electricity Cost in Binghamton?

If you're a New York State Elec & Gas Corp customer in Binghamton, you pay an average of 18.32 cents per kilowatt-hour for residential electricity. That's lower than the New York state average of 28.37 cents, so your appliances cost less to run than most people in your state.

Here's what that rate means in real dollars for common household appliances:

Monthly Appliance Costs at Binghamton's Rate

Appliance Typical Use Monthly Cost in Binghamton
Space Heater 8 hrs/day $65.95
Central Air Conditioner 8 hrs/day $153.89
Refrigerator 24 hrs/day $23.74
Dishwasher 1 hrs/day $9.89
Electric Oven 1 hrs/day $13.74
Clothes Washer 1 hrs/day $2.75
Clothes Dryer 1 hrs/day $27.48
50-Inch LED TV 5 hrs/day $2.75
LED Light Bulb 6 hrs/day $0.33
Electric Water Heater 3 hrs/day $74.2

For a complete list of appliance costs at your rate, use the appliance cost calculator with New York selected.

Binghamton vs. New York Average

New York's average residential rate is 28.37 cents per kWh, but that average includes every utility in the state. Your actual cost depends on which utility serves your address.

Binghamton (New York State Elec & Gas Corp) New York Average
Rate per kWh 18.32¢ 28.37¢
Est. monthly bill (886 kWh) $162 $251
Est. annual cost $1948 $3016

Based on the national average household consumption of 886 kWh/month. Your actual bill depends on your home's size, insulation, appliances, and habits. Use the bill estimator to get a more personalized estimate.

Calculate Your Cost in Binghamton

zip
Cost per hour --
Cost per day --
Cost per month --
Cost per year --

Tips for Lowering Your Bill in Binghamton

No matter what rate you pay, the biggest savings come from the biggest consumers. Heating and cooling account for nearly half the average electric bill, so start there.

For more specific strategies, see our guide on how to lower your electric bill.

See the full rate picture for your state on the New York electricity rates page.

Frequently Asked Questions

The average residential electricity rate in Binghamton is 18.32 cents per kWh, based on New York State Elec & Gas Corp's most recent annual data reported to the EIA. This rate reflects the average price including all charges (supply, delivery, and fees) divided by total kWh sold to residential customers.

Based on Binghamton's rate of 18.32 cents/kWh and the national average consumption of 886 kWh/month, a typical electric bill in Binghamton would be approximately $162/month or $1948/year. Your actual bill depends on your home's size, insulation quality, heating/cooling system, and appliance usage. Use the bill estimator to get a more accurate estimate based on your specific appliances.

The primary residential electricity provider in Binghamton is New York State Elec & Gas Corp, which serves approximately 735192 residential customers. New York State Elec & Gas Corp is investor owned-owned. Some areas may have additional providers or co-ops; check your bill to confirm which utility serves your specific address.

Rate data from the U.S. Energy Information Administration (EIA), 2024 annual data. Rates reflect average residential prices and may differ from your specific rate plan. See our full disclaimer.