Electricity Pricing by Sector
New York State 2024 — dollars per million Btu. The $44.71/MMBtu spread between residential and industrial prices is the primary arbitrage signal driving new electrical service opportunities.
Residential Price
$71.6/MMBtu
Highest sector price
Commercial Price
$55.01/MMBtu
Second highest sector
Transport Price
$43.09/MMBtu
EV charging & transit
Industrial Price
$26.89/MMBtu
Lowest sector — bulk tariffs
All-Sector Average
$57.62/MMBtu
Res–Industrial Delta
$44.71/MMBtu
Core arbitrage signal
Residential Opportunity
At $71.60/MMBtu, residential customers pay 2.7× the industrial rate. Smart demand-shifting — EV charging off-peak, battery storage dispatch — can materially reduce household bills while providing grid services.
Commercial Arbitrage
Commercial buyers at $55.01/MMBtu represent the largest expenditure block ($13.3B/year). Behind-the-meter storage and demand response can reduce peak charges and generate LMORP reserve revenue under the 2027 Dynamic Reserves market.