Is electricity expensive in New York?

New York's residential average of 29.5¢/kWh is 61% above the U.S. average of 18.3¢/kWh, ranking 47 of 51 jurisdictions (1 = cheapest).

What's the cheapest refrigerator to run in New York?

Among currently certified models, the Fisher & Paykel RS2435V2 costs the least at about $12 a year at New York rates (42 kWh/yr).

How does New York compare with other states?

The same median refrigerator costs $45 a year in Nevada (the cheapest state) and $181 in Hawaii (the priciest). New York sits at $101.

Data through June 2026

Cost to run · New York · 29.5¢/kWh residential average

How much does it cost to run a refrigerator in New York?

$101/yr · median certified model

Electricity in New York is genuinely expensive — 29.5¢/kWh, 61% above the national average — so the median certified refrigerator costs about $101 a year, and efficiency differences between models turn into real money.

Only 4 jurisdictions cost more: New York ranks 47 of 51 for running a refrigerator. Model choice matters as much as geography: at New York rates the most efficient certified model (Fisher & Paykel RS2435V2) costs $12 a year while the most power-hungry (Jenn-Air JS48PPDUDE) costs $237 — a spread of $225 every year. For reference, the national extremes are Nevada (13.1¢/kWh) and Hawaii (52.7¢/kWh); the same median refrigerator would cost $45 and $181 a year there.

New York

$101

US average

$63

Nevada

$45

Hawaii

$181

Median certified refrigerator (344 kWh/yr) per year, at each rate

The cheapest refrigerators to run at New York rates

Top 10 by certified kWh, priced at 29.5¢/kWh
#	Model	kWh/yr	$/yr in NY
1	Fisher & Paykel RS2435V2	42	$12
2	Fisher & Paykel RS2435V2*T	52	$15
3	Zephyr PRRFD24C2AP	69	$20
4	Zephyr PRRFD24C2AS	69	$20
5	Zephyr PRRFD24C2AS-OD	69	$20
6	SMEG Spa CVIU121	88	$26
7	AVALLON AWC15PG1A2A	95	$28
8	AVALLON AWC15PS1A2A	95	$28
9	AVALLON AWC15SG1A2A	95	$28
10	Dacor DRW24G7500	95	$28

Price any model at New York rates

Your rate, your numbers

Annual use (kWh)

Electricity rate

Per day: 28¢
Per month: $8.45
Per year: $101

344 kWh/yr × 29.5¢/kWh = $101/yr

Prefilled with the median certified refrigerator (344 kWh/yr). Every model page on this site carries its exact certified figure.

Questions, answered with the data

How much does it cost to run a refrigerator in New York?: About $101 a year for the median ENERGY STAR certified refrigerator, at New York's average residential rate of 29.5¢/kWh — that's $8.45 a month.
Is electricity expensive in New York?: New York's residential average of 29.5¢/kWh is 61% above the U.S. average of 18.3¢/kWh, ranking 47 of 51 jurisdictions (1 = cheapest).
What's the cheapest refrigerator to run in New York?: Among currently certified models, the Fisher & Paykel RS2435V2 costs the least at about $12 a year at New York rates (42 kWh/yr).
How does New York compare with other states?: The same median refrigerator costs $45 a year in Nevada (the cheapest state) and $181 in Hawaii (the priciest). New York sits at $101.

Keep digging

Rate source: US EIA, average residential price of electricity, see methodology.