NYC Energy Overview
2024 New York State baseline — EIA SEDS data. Explore sector consumption, pricing differentials, EV infrastructure growth, and NYISO Dynamic Reserves opportunities.
Total Electricity Consumption
140 TWh
2024 annual — all sectors
Total Electricity Expenditure
$27.6B
2024 — residential, commercial, industrial & transport
Average Electricity Price
$57.62/MMBtu
All sectors — residential $71.60 vs industrial $26.89
EV Charging Ports
18,643
2,165 DC fast · 5,002 locations
EV Stock (NY State)
270K vehicles
2.6% of all light-duty vehicles
Renewable Generation
13,681 GWh
Wind 6,031 + Solar 7,650 · 10.5 GW capacity
NYC Reserve Potential
500 MW
Addressable demand-response across 5 boroughs
Residential–Industrial Price Delta
$44.71/MMBtu
Key arbitrage signal — residential 2.7× industrial price
Renewable Capacity
10.5 GW
Wind 2.87 GW · Solar 2.67 GW · Total renewables 10.5 GW
Arbitrage Signal
The spread between residential ($71.60/MMBtu) and industrial ($26.89/MMBtu) electricity prices creates a $44.71/MMBtu arbitrage opportunity. Combined with NYISO's 2027 Dynamic Reserves market launch — which introduces nodal reserve pricing (LMORP) — NYC demand-response assets at constrained nodes can capture both energy cost savings and reserve market revenue.